Soleos Solar Energy Secures Rs 48.5 Crore Renewable Energy Funding Updated On Thu, May 23rd, 2024 by Saurenergy Soleos Solar Energy has announced that it has raised Rs 48.5 crore for portfolio development and working capital for the renewable energy business. According to a release from Soleos Solar Energy, participants in the investment round included Faruk G Patel, CMD of KP Group, Pawan Agarwal, Head of PCG at InCred Capital, Madhuri Madhu Kela, […] Read more
China’s World Beating Solar Manufacturers Struggle To Make Profits As Prices Continue Freefall Updated On Mon, May 20th, 2024 by Saurenergy In a situation that has gone from concern, to worrisome to almost panic level some might say, China’s solar manufacturing juggernaut faces a period of low to no profits thanks to prices that have crashed to unprecedented levels. Taiwan-based Infolink Consulting, which tracks solar supply chain prices in China and beyond, in its latest report […] Read more
US To Invest $71 Million In Supporting Solar Manufacturing Research Updated On Mon, May 20th, 2024 by Saurenergy U.S. Department of Energy (DOE) has announced a $71 million investment, including $16 million from the President’s Bipartisan Infrastructure Law, in research, development, and demonstration projects to grow the network of domestic manufacturers across the U.S. solar energy supply chain. The selected projects will address gaps in the domestic solar manufacturing capacity for the supply […] Read more
US-Based Flexible Solar Firm Active Surfaces Secures $5.6M Funding Updated On Tue, May 14th, 2024 by Saurenergy US-based Active Surfaces, a flexible solar panel startup spun out from MIT, raised $5.6 million in an oversubscribed pre-seed funding round. The round was led by Safar Partners, a deep-tech venture capital fund. Additional participants—include QVT, Lendlease, Type One Ventures, Umami Capital, Sabanci Climate Ventures, New Climate Ventures, SeaX Ventures, and others—reflect a diverse support […] Read more
Grew Energy To Set Up 3.2 GW Solar Module Manufacturing Facility In J&K Updated On Fri, May 10th, 2024 by Saurenergy Grew Energy Pvt Ltd – a flagship venture of the Chiripal Group – is all set to establish a three-stage fully backward integrated solar module manufacturing unit in Jammu & Kashmir. With a commitment to invest 4500 Cr, upon completion, this ultra-modern facility will have an annual capacity of producing 3.2GW high-efficiency solar modules and […] Read more
Top 5 States Spearheading Rooftop Solar in India Updated On Thu, May 9th, 2024 by Saurenergy India has made strides in new solar capacity addition in the last few years. However, a considerable gap exists between rooftop solar (RTS) and utility-scale solar installations. Despite existing national and state-level schemes promoting rooftop solar, including the National Rooftop Scheme and state government subsidies, participation rates remained low. This is mostly because of the […] Read more
Avaada, ACME Get HC Relief In Solar Warehouse Duty Case Updated On Thu, May 9th, 2024 by Saurenergy The Delhi High Court in a latest judgement gave relief to Indian solar project developers Avaada and ACME. These companies had earlier approached the high court with a writ petition seeking their intervention against the orders of the revenue department to impose duties on their solar warehouses and show cause notices related to the cancellation […] Read more
New Solar Projects In US Report Fewer Delays In 2023: EIA Updated On Thu, May 9th, 2024 by Saurenergy The Energy Information Administration (EIA), the federal body tasked with tracking energy policy in the US, recently reported fewer delays to install new utility-scale solar photovoltaic (PV) projects in 2023 than in 2022. EIA in its report said, “In 2023, solar developers pushed back the scheduled online date for an average of 19% of planned […] Read more
LONGi Sets New Record In Silicon Solar Cell Efficiency Updated On Thu, May 9th, 2024 by Saurenergy LONGi Green Energy Technology Co. announced that the company has broken another world record for silicon solar cell efficiency only four months after it last set a world record in this area on May 7. As certified by Germany’s Institute for Solar Energy Research Hamelin (ISFH), the new silicon heterojunction back-contact (HBC) solar cells designed […] Read more
