UP Regulator Eases Power Procurement From Exchanges For Industry Updated On Wed, Aug 18th, 2021 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission, in its recent tariff order dated 29th July 21 for the financial year 2022 has made some key changes that could have a positive impact on the industry as well as renewable energy projects in the state. The regulator announced a reduction of up to 64 paise per unit […] Read more
4 Days to Aug 22 Deadline for Feedback on Rooftop Solar Guidelines Updated On Wed, Aug 18th, 2021 by Saurenergy The revised deadline for feedback on rooftop solar systems is August 22. The MNRE has shared a detailed feedback document for stakeholders to share their feedback. As readers are aware, India has performed quite poorly on its rooftop solar segment. From a target of 40 GW out of the 100 GW of solar capacity that […] Read more
US Distributed Energy Major Nexamp Closes $680 million Fund Raise Updated On Wed, Aug 18th, 2021 by Saurenergy Nexamp, which has a focus on distributed solar and storage systems, has secured a $240 million equity investment led by Generate Capital. The company also recently raised $440 million in debt financing, bringing its total new funding to $680 million. The new funding will accelerate Nexamp’s ability to offer a flexible range of decarbonization options for customers, expanding its […] Read more
Canadian Solar Reports $1.43 Billion Revenues in Q2 FY21, a 105% YoY Increase Updated On Tue, Aug 17th, 2021 by Saurenergy Canadian Solar Inc. has announced its financial results for Q2 FY21 with strong revenues of $1.43 billion. The firm reports that net revenue in the Q2 FY21 grew by 105% YoY and 31% QoQ to $1.43 billion. The sequential improvement was driven by an increase in module shipments and average selling price (ASP), growth in […] Read more
Scotland’s Firth of Forth Net Zero Hub Key for Climate Goals: WoodMac Updated On Tue, Aug 17th, 2021 by Saurenergy The development of net zero hubs around the UK has proved a key plank of the country’s strategy towards achieving net zero by 2050. Scotland, which has a 2045 net-zero target, could advance its ambitions by establishing a net zero hub on the Firth of Forth, research from global natural resources consultancy Wood Mackenzie. “Net […] Read more
Backend Software Engineer Updated On Tue, Aug 17th, 2021 by Saurenergy Redaptive Inc. is seeking a Back-End Software Engineer to join our Engineering team. As a Back-End Software Engineer, you will be working with Engineering Management, DevOps, Data Science, Product Managers, and QA to develop and maintain features in Redaptive’s platform. Redaptive’s core platform is a data backhaul and meter data management system gathering Redaptive’s meter […] Read more
Goodyear Invests in EV Charging, Adds AmpUp to its Portfolio Updated On Tue, Aug 17th, 2021 by Saurenergy Goodyear announced today that its venture capital arm, Goodyear Ventures, has added AmpUp, a leader in electric vehicle (EV) charging, to its investment portfolio. AmpUp supports the EV driving community through its advanced charging network and software solutions. With operations across North America, AmpUp aims to make charging accessible and seamless for every EV driver. […] Read more
Global EV Charging Station Market to Reach $93 Billion by 2027: Report Updated On Tue, Aug 17th, 2021 by Saurenergy The global Electric Vehicle Charging Station (EVCS) market has been fuelled by a growing awareness of environmental conservation and carbon emission reduction. Hence, it has been estimated that the global EVCS market will grow at a compound annual growth rate (CAGR) of 20% from 2021 to 2027 and reach $93 billion by 2027, according to […] Read more
High Cost, Infrastructural Issues Limit Green Hydrogen’s Role in Energy Transition: Study Updated On Tue, Aug 17th, 2021 by Saurenergy Green hydrogen is recognised as a viable solution for reducing greenhouse gas emissions and transitioning away from fossil fuels for “hard-to-abate” sectors. The supply chain for hydrogen, however, is not yet fully developed. Several barriers, such as the high cost of green hydrogen compared to non-renewable alternatives and the lack of dedicated infrastructure, are still […] Read more
