US Based Posigen, Provider Of Solar To Lower Income Households, Gets $100m Funding Updated On Thu, Jan 6th, 2022 by Saurenergy PosiGen, a leading New Orleans, US based provider of renewable energy and efficiency solutions for low-to-moderate income (LMI) households, has confirmed the close of a $100 million preferred equity financing. Magnetar Capital’s Energy & Infrastructure group was the lead investor in the financing and will nominate two new directors to join PosiGen’s Board of Directors. Existing […] Read more
iSun Bags $29.3 M Deal to Build Solar Canopies at EV Charging Stations Updated On Thu, Jan 6th, 2022 by Saurenergy Vermont, US based iSun Inc., a solar energy and clean mobility infrastructure company, recently announced that it has been selected to design and deliver an expected total of 1,780 off-grid solar canopies to be located at EV charging stations. With 50 years of construction experience in solar, electrical and data services, the company is also a […] Read more
CSP Player Heliogen Rounds off 2021 With Completion Of Merger With Athena Updated On Wed, Jan 5th, 2022 by Saurenergy For California-based Heliogen Inc., a provider of AI-enabled concentrated solar power, 2021 has been an exciting year, peppered with attractive investments from and valuable collaborations with major companies, especially in the mining and metals industry. Founded in 2013, Heliogen aims to alleviate the intermittency issues of renewable power generation sources. Its technology is designed to […] Read more
US Firm MW Solar Secures CAD 50 M Invt Commitment to Go Public Updated On Mon, Jan 3rd, 2022 by Saurenergy US firm MW Solar has signed an agreement with GEM Global Yield, a Luxembourg-based private alternative investment group, to receive a share subscription facility of up to CAD 50 million for a 36-month term following a public listing. The share subscription facility will allow MW Solar to draw down funds by issuing shares of common […] Read more
Amara Raja To Invest €10 million In EV Battery Specialist Inobat Auto Updated On Fri, Dec 31st, 2021 by Saurenergy India’s second largest battery maker, Amara Raja Batteries is investing €10 million in InoBat Auto, a Norway based firm focused on research and development in the field of batteries for electric vehicles and production of lithium-ion battery cells as well as tailored and customs cells. The investment will be in the form of a subscription […] Read more
Reliance Buys Sodium Ion Battery Firm, Faradion Limited in £100 Million Deal Updated On Fri, Dec 31st, 2021 by Saurenergy In a regulatory filing on December 30, Reliance Industries Limited has announced that its solar subsidiary, Reliance New Energy Solar Limited (RNESL), will buy UK based sodium ion battery technology provider Faradion Ltd for 100 million pounds including debt. Sodium Ion batteries have been considered a solid prospect for lower storage costs. Or as Faradion’s […] Read more
New Report Offers Insight on Lowering Commercial EV Battery Costs Updated On Wed, Dec 29th, 2021 by Saurenergy A steady stream of headlines illustrates significant progress in commercial vehicle markets. New technologies come to market regularly, and tens of millions of incentive voucher dollars are fully reserved in minutes. However, the zero-emission electric commercial vehicle market has a challenge at its core – battery costs and sourcing and supply conditions. Clean transportation solutions […] Read more
Recruitment of Project Engineer-I for NS(S&CS) SBU and SDSC Updated On Fri, Dec 24th, 2021 by Saurenergy Bharat Electronics Limited, a Navratna Company and India’s Premier Professional Electronics Company under Ministry of Defence, requires the following personnel on contract basis for its Naval Systems SBU, Bengaluru Complex and Sonar Development & Support Centre –Kochi. The positions are for various locations i.e. Portblair, Gurgaon, Kochi, Gandhinagar, Kolkata, Vizag, Chennai, Mumbai and Bangalore. Candidates […] Read more
Axitec Launches 540W Module For India, Focus on Large Projects Updated On Fri, Dec 24th, 2021 by Saurenergy AXITEC, one of the few German Solar PV brands that has survived the competition from China has an interesting approach to manage operations. With its headquarters and core engineering team in Stuttgart in Germany supporting the manufacturing capacity of 1 GW, which itself is spread across key markets including EU, China, Vietnam, Cambodia and India. […] Read more
