Nuru Gets $40 Million For Delivering Solar In Power Starved DRC Updated On Tue, Jul 4th, 2023 by Saurenergy Nuru, one of Africa’s pioneering renewable energy-powered metrogrid companies, has announced the successful close of over $40m in Series B equity funding and anticipates the close of an additional $28m in project finance by the end of the month. The funds will enable Nuru to commence construction on 13.7 MWp of projects, expanding its existing […] Read more
DRE Finds A Footing In India, Powered By Solar Updated On Tue, Jul 4th, 2023 by Saurenergy Laxmi Bhuyan is a 58-year-old woman from the Sindiba village in the Gajapati district of Odisha. This tribal village, with swatches of fertile land around the village periphery, bolstered the local farmers to grow different fruits and vegetables around the year. However, the raw fruits often yielded low prices for the producers. On the other […] Read more
5 Millennial and GenZ Heroes Who Vote For Solar Updated On Fri, Jun 30th, 2023 by Saurenergy As a renewable source of energy, solar has been growing for the past decade. Growth rates for solar installs soared as high as 34% in 2022 and the momentum continues in 2023. And why shouldn’t it? Solar energy is clean, sustainable and nigh unlimited. Solar panels don’t require much in the way of maintenance except […] Read more
Chinese Solar Module Prices Hit Record Lows, Developers Hope For A Lasting Opportunity Updated On Fri, Jun 30th, 2023 by Saurenergy Chinese solar module prices have reached their all-time lowest level, as the Chinese Module Marker (CMM) now stands at $0.173 per W. The CMM experienced an unprecedented decline of 11.73 per cent week-on-week over the past week, representing the largest percentage drop in its history. Most of the downtrend has been attributed to firstly, the […] Read more
Leyline Renewable Capital Funds RAI Energy’s Solar and Storage Ventures Updated On Wed, Jun 28th, 2023 by Saurenergy Leyline Renewable Capital, a provider of development loans for renewable energy projects, announced a project development loan for RAI Energy, a renewable energy developer. With the assistance of Leyline Development Capital, RAI Energy is set to advance multiple large utility-scale solar and solar-plus-storage projects within the WECC market over the next four years. Mohammed S. […] Read more
European Solar Energy Startups Witness 400% Surge in Investment: Report Updated On Wed, Jun 28th, 2023 by Saurenergy A new research report by Avent Abacus reveals that total investment in European solar energy startups is up almost 400 per cent compared to last year. Reportedly, the companies received $6 billion in funding in the first five months of 2023 alone. Key Insights Avent Abacus notes that the total investment in European solar startups […] Read more
Germany Joins The Solar Manufacturing Push, Calls Bids For 10 GW Capacities Updated On Tue, Jun 27th, 2023 by Saurenergy With the EU pushing to create manufacturing capacities for clean energy technologies, Germany, an erstwhile pioneer in solar manufacturing till China swamped everyone, has joined the effort to bring back solar manufacturing to the continent. The Federal Ministry of Economics and Climate Protection (BMWK) in Germany, analogous to India’s MNRE, has launched a request for […] Read more
O&M Arm of Gensol Emerges Winner for 5 MW Solar Tender Floated by IOCL Updated On Tue, Jun 27th, 2023 by Saurenergy Ahmedabad-based Param Renewable has emerged winner for the 5 MW tender floated by Indian Oil Corporation Limited. Won under competitive bidding, the contract is valued at INR 1.47 Cr. The firm emerged as the lowest bidder. Param Renewable is the O&M arm of Gensol. The 5 MW plant will be set up in Jodhpur, Rajasthan. […] Read more
Solar PV Inverter Firm GoodWe Showcases Offerings at Customer Meet in Lucknow Updated On Mon, Jun 26th, 2023 by Saurenergy A manufacturer and innovator of solar inverters, energy storage solutions and PV building materials for residential and business markets, GoodWe has chosen a new destination for its ongoing customer meet- ‘The City of Nawabs’ – Lucknow. The event was supported by Evervolt Green Energy Pvt Ltd. RE Targets for Lucknow Lucknow is actively embracing renewable […] Read more
