Log9 Materials Secures $40 Million in Fresh Funding From Amara Raja & Others Updated On Mon, Jan 23rd, 2023 by Saurenergy Last week, Bangalore based deep-tech battery start-up Log9 Materials had scooped up over $11 million in a Series B round, which was led by PTV International Ventures and participated by key investors like SiriusOne Capital and Cornerstone Ventures. Now, the startup has announced that it has raised $40 million or Rs 325 crore approximately in […] Read more
2023’s Promise for Solar. Will India Rise To The Challenge? Updated On Mon, Jan 23rd, 2023 by Saurenergy Early into 2023, the ground is set for a momentous shift for solar. But first, the numbers. In the Jan-Dec period, figures from India’s Central Electricity Authority show that the country added 13956 MW of solar capacity, of which just over 11 GW was utility scale solar. This is by far the best ever performance […] Read more
Solis Shines Bright at Abu Dhabi Updated On Mon, Jan 23rd, 2023 by Saurenergy Solis, a global leader in solar inverter technology, displayed its most powerful inverters at World Future Energy Summit in Abu Dhabi from January 16th-18th. The World Future Energy Summit (WFES) is the leading international event accelerating sustainability and the global transition to clean energy. Solis’s booth grabbed many eyeballs and was the focal point of […] Read more
Revolutionizing Solar Energy Integration: The MARS Project and Electric Grids Updated On Mon, Jan 23rd, 2023 by Saurenergy A new era of energy systems dominated by green and renewable solar power is approaching. As the transition comes to fruition, it’s important to understand the type of current the grids use – Alternating Current (AC) – and to ensure solar integration without much hassle. Despite its benefits, solar energy involves a complex and lengthy […] Read more
Sungrow & SOL+ Distribuidora Forge Partnership for 500 MW Inverter Distribution in Brazil Updated On Sun, Jan 22nd, 2023 by Saurenergy Developer and producer of photovoltaic inverter technology, Sungrow, and SOL+ Distribuidora, the new business front of Holding SOL Copérnico, based in Brazil, have entered into a partnership facilitating distribution for the Brazilian market. As per the agreement, SOL+ will be responsible for the distribution of 500 MW of on-grid Sungrow photovoltaic inverters in all of […] Read more
SWRE Net Loss Contracts To Rs 99 Cr In December Quarter Updated On Fri, Jan 20th, 2023 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWREL) has announced that it has narrowed its consolidated net loss to Rs 99.15 crore in the third quarter ending December. Sterling and Wilson said that the reduction in the losses is caused mainly due to lower expenses. With an EPC portfolio of close to 13 GW and an […] Read more
USA’s Utility-Scale Renewables Generated More Electricity Than Coal On 169 Days Updated On Thu, Jan 19th, 2023 by Saurenergy As per a report by Institute for energy Economics and Financial Analysis, USA’s clean energy transition received major impetus in 2022. The report highlights that the US clean energy transition is witnessing an upward trend and has made major progress since 2019. The report has highlighted three major trends in renewables for US electricity generation. […] Read more
IFC to Help Kyrgyzstan Develop Renewable Projects Through PPP Model Updated On Thu, Jan 19th, 2023 by Saurenergy The International Finance Corporation (IFC) – a key agency of World Bank – has partnered with the Kyrgyzstan government under the World Bank Group’s Scaling Solar program to develop up to 100-150 MW of grid-connected solar power. IFC said that this will help Kyrgyzstan to diversify its energy mix and increase its renewable power capacity. […] Read more
HOP Electric Launches E-Scooter LEO Priced Below Rs 1 Lac Updated On Wed, Jan 18th, 2023 by Saurenergy Leading electric two-wheeler manufacturer, HOP Electric, has launched the a high-speed variant of its best-selling electric scooter, HOP LEO. HOP Electric says that the launch of the new e-scooter further reinforces HOP Electric’s aim to offer cost effective mobility to customers as it is priced below 1 lac. Consumers can purchase this electric two-wheeler at […] Read more
