Span Raises $10.2 Mn in Series A Round from Investors Updated On Tue, May 12th, 2020 by Saurenergy With an aim to boost its expansion plan, California-based Span.IO, Inc. has announced the raising of USD 10.2 million in Series A round of funding from investors. Further, this Series A round was led by ArcTern Ventures and joined by Capricorn Investment Group, Incite Ventures, along with existing investors including Congruent Ventures, Energy Foundry, Hardware […] Read more
Smart Prepaid Meters Enable Discoms Generate 95% Billing Efficiency amid Lockdown Updated On Tue, May 12th, 2020 by Saurenergy Despite lockdown imposed across the country due to coronavirus crisis, the use of smart prepaid meters is helping power distribution companies (Discoms) in generating around 95 percent of billing efficiency, along with an average 15-20 percent increase in monthly revenue per consumer. This is significant as most of the Discoms amidst lockdown in the country […] Read more
Indu Shekhar Chaturvedi Assumes Charge as Secretary MNRE Updated On Tue, May 12th, 2020 by Saurenergy The Ministry of New & Renewable Energy has announced that Indu Shekhar Chaturvedi (IAS) has assumed charge as the new Secretary, MNRE from May 11, 2020. The Ministry of New and Renewable Energy (MNRE) has announced that Indu Shekhar Chaturvedi (IAS) has assumed charge as the new Secretary, Ministry of New & Renewable Energy from […] Read more
Macquarie GIG Partners With RIDG to Compete Scottish Offshore Leasing Round Updated On Tue, May 12th, 2020 by Saurenergy Macquarie’s GIG and RIDG have partnered to compete in the next round of seabed leasing for offshore wind development off the Scottish coast From their Edinburgh base, Macquarie’s Green Investment Group (GIG) and Scottish offshore wind developer Renewable Infrastructure Development Group (RIDG) have announced their partnership to compete in ScotWind, the next round of seabed […] Read more
Why Resisting Calls To Hold Back Amendments to Electricity Act Is Vital Updated On Tue, May 12th, 2020 by Saurenergy Even as the Electricity Act Amendment Bill, that seeks to make crucial changes to the Electricity Act (2003) is seemingly on the verge of being finalised for passing, resistance has finally started showing up. Predictably, it is Tamil Nadu, a state which has some of the highest market distortions in its power market, that has […] Read more
Bangladesh Module Manufacturers Need Stimulus to Maintain Operations: GlobalData Updated On Tue, May 12th, 2020 by Saurenergy The Solar Module Manufacturers Association Bangladesh have requested for government support after operations took a hit due to the COVID-19 industrial lockdown; Somik Das of GlobalData has commented on the situation. Following the news that the Solar Module Manufacturers Association Bangladesh (SMMAB) requested for government support after operations took a hit due to the 40-day […] Read more
Vestas Breaks Record, Installs Over 10GW Wind Turbines in 2019: WoodMac Updated On Mon, May 11th, 2020 by Saurenergy Danish wind turbine maker Vestas has now become the first wind turbine manufacturer to install over 10 GW of wind capacity in a single year in 2019, as said by the global energy research & consultancy firm. The Denmark-headquartered OEM’s grid-connected capacity of 11.3 GW in 2019 is an increase of 1.5 GW on 2018, […] Read more
Electric Scooter Firm Okinawa Resumes Operations With 1/4th Workforce Updated On Mon, May 11th, 2020 by Saurenergy Electric two-wheeler maker Okinawa has revealed that it has resumed operations at its plant in Bhiwadi, and corporate office in Gurugram with 25% workforce. Electric two-wheeler maker Okinawa has revealed that it has resumed operations at its plant in Bhiwadi (Rajasthan), and corporate office in Gurugram (Haryana), with 25 percent workforce. The company said it […] Read more
Seraphim Signs Agreement to Supply 183 MW Modules to Philippines Updated On Mon, May 11th, 2020 by Saurenergy Seraphim has announced that it has signed an agreement with ERS Energy to deliver 183 MW of high-efficiency solar modules for projects in the Philippines Jiangsu Seraphim Solar System (Seraphim), one of the world’s leading solar module manufacturers, recently announced that it has signed an agreement with ERS Energy Sdn Bhd to deliver 183 megawatts […] Read more
