EV Startup Matter Invests in EV market, Aiming $1 billion Turnover by 2025 Updated On Mon, Feb 22nd, 2021 by Saurenergy Gujrat based EV and energy storage technology startup, Matter expects to achieve a turnover of USD 1 billion (over Rs 7,250 crores) by 2025, a top company official stated. The company has invested USD 3 million (over Rs 20 crores) so far. Matter will be launching its lithium-ion batteries for solar and renewable management by […] Read more
Wind, Solar Must Grow by 162 & 253 GW for Europe to Meet 2030 Emissions Target: WM Updated On Mon, Feb 22nd, 2021 by Saurenergy A new report details that for Europe to meet the 2030 emissions target, dramatic changes are needed including increased wind and solar installations A new report by Wood Mackenzie details that while the new 2030 emissions target of Europe of seeing a 55 percent reduction over 1990 levels has made it the undisputed global leader […] Read more
Solar Cleaning Start-up Solavio Labs Gets Funding from Canadian Province Updated On Fri, Feb 19th, 2021 by Saurenergy Solavio Labs, an Indian clean tech start-up innovating in the solar panel cleaning technology space has announced the completion of funding from Canadian Province – New Brunswick for Rs 40,60,000 taking their total fund raised to Rs 2 crores. This marks Solavio Labs as the only Indian start-up in the clean tech space to receive […] Read more
Global Offshore Wind Energy Market Size to Reach USD 81 Billion by 2030 Updated On Thu, Feb 18th, 2021 by Saurenergy A new report by insightSLICE has found that the global offshore wind energy market size was USD 23 billion in 2019 and has predicted that the market will reach USD 81 billion by 2030 at a CAGR of 12 percent. According to International Energy Agency (IEA), the offshore wind generation turbines with capacities reaching a […] Read more
Canadian Solar Closes Japan Green Infrastructure Fund at $208 Mn Updated On Thu, Feb 18th, 2021 by Saurenergy Canadian Solar has announced the successful close of the Japan Green Infrastructure Fund securing USD 208 million of committed capital Canadian Solar has announced the successful close of the Japan Green Infrastructure Fund (JGIF). Canadian Solar will partner with Macquarie Advisory & Capital Solutions (Macquarie), the advisory and capital markets arm of the Macquarie Group. Macquarie […] Read more
MiaSolé, European Solliance Claim 26.5% Efficiency on Tandem Solar Cells Updated On Thu, Feb 18th, 2021 by Saurenergy Hanergy owned MiaSolé Hi-Tech Corp and European Solliance Solar Research claim to have achieved a power conversion efficiency of 26.5% on a tandem solar cell. The new record builds on their previous record in 2019. The architecture combines two thin-film solar cell technologies: a top rigid semi-transparent perovskite solar cell with a bottom flexible copper […] Read more
SolarEdge Selected as Supplier for Fiat E-Ducato, Issues Financial Results Updated On Wed, Feb 17th, 2021 by Saurenergy SolarEdge has announced it has been selected to supply powertrain and batteries for the Fiat E-Ducato, also reporting its financial results. SolarEdge Technologies has announced that the Company has been selected and will begin to supply full electrical powertrain units and batteries for the production of the Fiat E-Ducato light commercial electric vehicle. “We are […] Read more
Sterling and Wilson Solar Adds to Order Book With 930 Cr Egypt Order Updated On Wed, Feb 17th, 2021 by Saurenergy Leading Solar EPC firm Sterling and Wilson Solar has bagged an order worth Rs 930 crore in Egypt. The order worth USD 127.5 million (Rs 930 crore) in the Kom Ombo region of Egypt, is likely to be the 200 MW bid won by Saudi Arabia’s ACWA power in 2018, with the original project deadline […] Read more
Longroad Picks up 900 MW Solar Plus 1-2 GWh Storage Portfolio From First Solar Updated On Tue, Feb 16th, 2021 by Saurenergy Longroad Energy will acquire Sun Streams 2, 4, and 5, worth 900 MW dc plus the potential for 1-2 GWh of storage projects from First Solar Longroad Energy, a US-based renewable energy developer, owner, and operator has announced the signing of the acquisition of Sun Streams 2, 4, and 5, which total approximately 900 MWdc in […] Read more
