$12 Mn Investment Closed by Reliance & Others in California’s Perovskite Solar Firm Caelux Updated On Wed, Aug 16th, 2023 by Saurenergy California-based firm, Caelux, which employs perovskite technology for solar energy, has pocketed $12M in Series A3 funding. The said round raised the cumulative amount to $23 million. The round augmented the cumulative amount to $23M. The investment round was led by Temasek and also saw participation from Reliance New Energy Limited, Khosla Ventures, Mitsui Fudosan, […] Read more
Siemens Announces 800 MW Inverter Manufacturing Capacity In US Updated On Wed, Aug 16th, 2023 by Saurenergy German Power major Siemens has joined the rush of firms seeking to benefit from the $360 billion plus subsidies on offer under the Inflation Reduction Act in the US. Announcing plans to begin manufacturing solar string inverters in Kenosha, Wisconsin, Siemens will make Blueplanet inverters at the new site, which it acquired from KACO in […] Read more
Contract Electronics Manufacturing Giant Foxconn Mulls Over EV Hub in India Updated On Mon, Aug 14th, 2023 by Saurenergy Taiwanese firm Foxconn Technology Group is looking to capture the Indian market. The firm has set sights on capturing 5 per cent of the worldwide sales by 2025 and aspires to deliver between 500,000 and 700,000 EVs by the said year. The firm is intent on opportunities to make the country its third global hug […] Read more
Servotech Signs MoU with UP Govt for EV Charger Manufacturing Plant in Uttar Pradesh Updated On Mon, Aug 14th, 2023 by Saurenergy EV charger manufacturer Servotech Power Systems Ltd. has signed an MoU with the Government of Uttar Pradesh to set up an EV charger manufacturing plant in the state along with backward integration. The plant will be set up under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022. The MoU was signed by […] Read more
First Solar Continues US Footprint with Announcement of New Factory in Louisiana Updated On Fri, Aug 11th, 2023 by Saurenergy Solar solutions provider First Solar will be setting up is fifth thin-film solar module factory in the Acadiana Regional Airport in Iberia Parish, Louisiana in the USA. The unit will see an investment worth $1.1bn and aid America with capacity expansion for the production of photovoltaic solar modules domestically. The said investment will chalk out […] Read more
Tomorrow Water to Provide Wastewater Treatment System for US’ Largest Solar Production Unit Updated On Wed, Aug 9th, 2023 by Saurenergy California-based Tomorrow Water, a global environmental solutions provider, has been selected to design and deliver a wastewater treatment solution. The solution keeps compliance with the regions’ Publicly Owned Treatment Works pretreatment permit limits. Tomorrow Water met the requirements with its capability to provide a cost-effective solution promising a very aggressive turnaround schedule. The contract entails […] Read more
Better Solar Technology Covers Up For Wind Issues In Hybrid Projects For Adani Green Updated On Wed, Aug 9th, 2023 by Saurenergy Adani Green Energy Limited (AGEL), in its latest financial results for Q1 of FY24, reported a decline in Capacity Utilisation Factor (CUF) for its wind portfolio. It attributed its lower CUF to the Biporjoy cyclone in Gujarat and lower wind speeds in the state. However, the latest investors call of the company to discuss the […] Read more
PVHardware To Supply Solar Trackers For 805MW L&T Project In Saudi Arabia Updated On Tue, Aug 8th, 2023 by Saurenergy PVH, a leading global manufacturer and supplier of solar trackers, has announced the announce the signing of another major contract with Larsen & Toubro (L&T) for the supply of 805 MW on a solar project in Saudi Arabia at Ar Rass City. The project will be located in Saudi Arabia Qassim province near Ar Rass […] Read more
What’s Wrong With Mexico’s Solar Plans? Updated On Mon, Aug 7th, 2023 by Saurenergy Mexico, situated in one of the sunniest parts of the world with a strong manufacturing base and growing energy demand should have been among the leaders in the transition to renewable energy. However, the country has underperformed massively, perhaps even flowing under the radar of more intense global attention, as it pays lip service to […] Read more
