Solar Production Costs In China Falls By 42% In 2023: Wood Mackenzie Updated On Fri, Dec 15th, 2023 by Saurenergy A latest report states that the cost of producing solar modules in China has dropped by 42% in the last 12 months to US$0.15 per watt (/W). This gave manufacturers in the country cost advantage over international rivals according to the New Horizons report from Wood Mackenzie. The report looks at ‘Five low-carbon tech trends […] Read more
Sterling & Wilson Renewable Energy Raises INR 1,500 Cr via QIP Route Updated On Fri, Dec 15th, 2023 by Saurenergy Sterling & Wilson Renewable Energy Limited (SWRE) has announced the completion of a fundraise of INR 1,500 crore through Qualified Institutions Placement (QIP) route. The Securities Issuance Committee of Board of Directors, at its meeting held on December 14, 2023, approved the issue and allotment of 4,32,27,665 equity shares of face value Re. 1 each […] Read more
Navalt Releases Solar-Electric Boat Barracuda at Mazagon Dock Updated On Fri, Dec 15th, 2023 by Saurenergy Navalt, an eco-marine tech firm that specializes in the manufacturing of solar electric vessels, has released its solar-electric boat, the Barracuda at Mazagon Dock in Maharashtra. This is said to be one of the fastest solar-electric boats in India. The solar electric boat works on optional plug and charge, operated on a solar capacity of […] Read more
Bangalore EV Startup Exponent Energy Rakes Up $26.4 Mn in Series B Round Updated On Fri, Dec 15th, 2023 by Saurenergy A Bangalore-based startup that delves in rapid charging of electric vehicles, Exponent Energy, has pocketed $26.4 million in a Series B round that was led by Eight Roads Ventures. It also entailed a strategic investment from TDK Ventures. Other participants in the Series B round included existing investors such as Lightspeed, YourNest VC, 3one4 Capital, […] Read more
“The Cabling In Solar Systems Is Designed to Exceed the 25 Year Warranty”, Hemant K Mehta, Elegar Kerpen Updated On Thu, Dec 14th, 2023 by Saurenergy Pune-based German cable firm Elegar Kerpen has been among the many firms leveraging the solar opportunity for faster growth. The cable maker was in the news recently after completing the acquisition of LEONI Cables Solutions (India) Pvt. Limited, making the German firm among the leading cable manufacturers in the country. SaurEnergy spoke to Hemant K […] Read more
Zetwerk Secures 375 MW Solar Module Deal with NTPC Updated On Thu, Dec 14th, 2023 by Saurenergy Zetwerk, a managed marketplace for contract manufacturing, has secured a deal with National Thermal Power Corporation (NTPC) for supplying 375 MWp of solar PV modules. This project is led by NTPC – Renewable Energy Limited (REL). Zetwerk, claims to be one of the largest suppliers for energy projects in segments such as solar, wind, and oil […] Read more
Mumbai Gets Renewable Energy Powered Ultra-Fast Charging Station from Audi Updated On Thu, Dec 14th, 2023 by Saurenergy Audi, the German luxury car manufacturer, today inaugurated an ultra-fast charging station in Bandra Kurla Complex (BKC), Mumbai. Conceptualized and developed in collaboration with ChargeZone, the ultra-fast charger boasts a total capacity of 450kW, to deliver 360kW of power to an electric vehicle and is enabled by a 500 amps liquid-cooled gun to ensure high […] Read more
Battery Swapping Firm RACE Energy Sets Foot into Sri Lanka Market Updated On Thu, Dec 14th, 2023 by Saurenergy Hyderabad’s RACE Energy, a deep-tech electric vehicle infrastructure firm for battery swapping, has marked its entry into international markets by stepping foot into the Sri Lankan market. RACE Energy has joined hands with Lanka E-Mobility Solutions (LeMS) towards piloting its battery swapping technology. This announcement comes under the ‘e-wheel’ brand for electric three-wheelers in Colombo. […] Read more
UP Identifies 195 Acres Of Land To Setup Solar Plants Under PM-KUSUM Updated On Thu, Dec 14th, 2023 by Saurenergy In its latest notification, the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) listed a total identified land of up to 195 acres under the PM-KUSUM scheme. The department said that this land parcel, owned by the government’s farmers in some places, could be diverted for setting up grid-connected solar power plants under the […] Read more
