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
Tesla Gets Approval For Shanghai Megapack Energy Storage Battery Plant Updated On Tue, May 14th, 2024 by Saurenergy Tesla will be building a Megapack energy storage battery plant in China. The EV maker battery plant will come up near its electric vehicle gigafactory in Shanghai. According to a report, Tesla will invest around CNY1.5 billion (USD200 million) in the new megafactory. The factory will cover an area of about 20 hectares in the […] Read more
News Brief May 13 – Vesper Energy, Meta Solar Deal, UK Solar Farm Updated On Mon, May 13th, 2024 by Saurenergy US-based Vesper Energy Sells Assets To Fortune 500 Energy Company Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets including solar farms, has sold its 100MW Deer Creek Renewable Energy project to an unnamed Fortune 500 energy company. Meta, Solarpack Collaborate on Solar Projects to Power Data Center in Indiana Meta and […] Read more
Azure Power Appoints Brijesh Mehra As Non-Executive Director Updated On Mon, May 13th, 2024 by Saurenergy Azure Power Global Limited, a sustainable energy solutions provider and renewable power producer in India, has announced that Brijesh Mehra has been appointed as a non-executive Director of the Company and of Azure Power India Private Limited as the nominee of CDPQ Infrastructures Asia Pte Ltd., effective May 08, 2024. Mehra shall also assume the […] Read more
EU’s Wind, Solar Generation Rose By 14%, Fossil Fell To 25% Updated On Mon, May 13th, 2024 by Saurenergy EMBER, a clean energy think tank recently reported a decline in EU fossil generation to below 25% in a month for the first time ever. The study reported a major milestone for EU in its electricity transition in April 2024. The electricity generation reportedly increased by 0.4% year-on-year over January-April 2023. Meanwhile, wind and solar […] Read more
SAIL’s Bhilai Steel Plant To Have Chhattisgarh’s First Floating Solar Plant Updated On Mon, May 13th, 2024 by Saurenergy The Bhilai Steel Plant (BSP), one of the oldest steel plants of Steel Authority of India Limited (SAIL) that was started in 1955, has taken the lead with Chhattisgarh’s first 15-megawatt (MW) floating solar project in its Maroda-1 reservoir. The move is one of many efforts being initiated at the steel major to reduce its […] 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
Google’s Nest Renew & OhmConnect To Form Virtual Power Plant In US Updated On Fri, May 10th, 2024 by Saurenergy Renew Home, North America’s residential virtual power plant (VPP), has launched out of the combination of Google Nest Renew service and OhmConnect in the US. The company has received a $100M investment from majority owner Sidewalk Infrastructure Partners (SIP). According to a statement released by Google Renew Home, the company says “It will transform residential […] 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
