candi solar Secures $38 Million Investment Through Equity Updated On Mon, Jun 10th, 2024 by Saurenergy candi solar, a clean energy company specializing in solar power solutions for Commercial and Industrial (C&I) clients, successfully closed its Series C funding round. In this, the company secured $38 million in equity investment. The round was led by Norfund a Norwegian Investment Fund for developing countries, Kyuden International, and STOA. The equity capital investment […] Read more
Ecofy Joins Forces With Luminous To Accelerate Solar Adoption Updated On Mon, Jun 10th, 2024 by Saurenergy Indian NBFC Ecofy has now announced its partnership with Luminous Power Technologies, an energy solutions industry. The collaboration with Luminous aims to focus on the financing landscape for renewable energy projects, especially solar power projects. With the introduction of the PM Surya Ghar Yojana 2024, favorable market conditions and governmental support, the partnership could make […] Read more
US DOE To Invest $9.5 Million In Four Solar Projects Updated On Fri, Jun 7th, 2024 by Saurenergy The U.S. Department of Energy (DOE) has declared plans to invest $9.5 million in four new projects with the goal of increasing public awareness and confidence in large-scale solar advancements. This program supports the US’s objective of having net-zero carbon emissions by 2050, which is an important step given that the DOE estimates that 40% […] Read more
Orb Energy Partners SBI Under Surya Shakti Solar Finance Scheme Updated On Fri, Jun 7th, 2024 by Saurenergy Orb Energy has announced its partnership with the State Bank of India (SBI). This agreement designates Orb Energy as an approved vendor under SBI’s Surya Shakti Solar Finance Scheme. Launched by SBI, the country’s largest lender, the Surya Shakti scheme aims to enhance the financing options available for solar power projects. Through this collaboration, SBI […] Read more
IEA Forecasts Solar PV Investment To Exceed USD 500 Bn In 2024 Updated On Thu, Jun 6th, 2024 by Saurenergy The International Energy Agency’s (IEA) recent report on world energy investment found that investment in solar PV surpassed all other generation technologies combined. It found a noticeable rise in solar panel costs that have decreased by 30% over the last two years. International Energy Agency (IEA) report said, “The prices for minerals and metals which […] Read more
KPI Green To Light Up 26.15 MW Solar Plant, With Order From 20 Textile Companies Updated On Thu, Jun 6th, 2024 by Saurenergy Gujarat-based KPI Green Energy has received an order to develop a 26.15 MW solar power plant from an aggregation of textile firms in Gujarat. This order was received by KPI subsidiary, Sun Drops Energia, to develop the project under the captive power producer (CPP) segment. KPI has been particularly strong in the segment as an […] Read more
China Flexes Solar Muscle (Again) With 5 GW Project Commissioning Updated On Wed, Jun 5th, 2024 by Saurenergy Lest their be any doubt over China’s absolute dominance and leadership in the renewable energy space, especially solar power, the Country reminded the world with a mammoth 5 GW project it commissioned earlier this month. The world’s largest solar project is a massive 5GW solar park in the north-west of the Xinjiang region that covers […] Read more
32 American Forest Villages Get Clean Power From Solar Microgrids Updated On Tue, Jun 4th, 2024 by Saurenergy Power Construction Corporation of China (Powerchina) officially handed over the first site of the second phase of a microgrid photovoltaic project in Suriname recently. Chandrikapersad Santokhi, President of the Republic of Suriname, and Chinese Ambassador to Suriname,Han Jing, among other dignitaries, attended the handover ceremony. The landmark project will provide more people in remote villages […] Read more
Sunniest Countries Failed To Tap Solar Power: EMBER Updated On Mon, Jun 3rd, 2024 by Saurenergy Solar capacity additions surged 74% in 2023, reaching a record 346 GW annual additions, according to a report by EMBER. The EMBER research showed that “Globally, only 14% of solar capacity was installed as of 2023 (204 GW) was in markets with solar insolation above the global average. Other countries such as, Japan saw 13 […] Read more
