Koch Invests $150 million in GameChange Solar Updated On Fri, Dec 17th, 2021 by Saurenergy GameChange Solar Holdings Corp. (GameChange), a leading US provider of racking and tracker systems for utility scale solar power plants, announced today that Koch Strategic Platforms (“KSP”), a subsidiary of Koch Investments Group, has made a $150 million investment in GameChange to support the company’s strategic development goals. In India, GameChange has its office in […] Read more
E-mobility Tech Platform MoEVing Raises $5 M in Seed Capital Updated On Wed, Dec 15th, 2021 by Saurenergy Indian e-mobility technology platform MoEVing has announced its total seed funding of USD 5 million, including USD 1 million raised earlier this year, from entrepreneurs, private equity and investment banking professionals and automotive industry experts. The investors in the latest round include D.S. Brar, Promoter-Chairman, Aragen Life Sciences; Anshuman Maheshwary, COO, IIFL Wealth and Asset […] Read more
Rays Power Infra to Build 500 MW Solar Park in Rajasthan Updated On Wed, Dec 15th, 2021 by Saurenergy Rays Power Infra has signed a Memorandum of Understanding (MoU) with the Rajasthan government for constructing a solar power plant with the capacity to generate 500 MW of green electricity. During the ongoing Dubai Expo, the parties finalized the agreement to reduce traditional electricity consumption derived from non-renewable sources. Pawan Sharma, Director, Rays Power Infra, […] Read more
California Might Cut Major Rooftop Solar Incentive After Years of Debate Updated On Tue, Dec 14th, 2021 by Saurenergy California on Monday proposed reducing the rate at which homeowners can sell excess electricity from their rooftop solar panels into the grid, weakening a policy that has underpinned dramatic growth in the renewable energy industry for years. The announcement by the California Public Utilities Commission triggered an outcry from the solar panel installation industry, whose […] Read more
MNRE Gets Approval For Rs 454 Crore Spends To Support Renewables for the Next 5 Years Updated On Fri, Dec 10th, 2021 by Saurenergy The approvals, covering the period 2021-22 to 2025-26, have all been communicated this week. Covering the areas of supporting research and development (Rs 228 crores), Public Awareness (Rs 26 crores) and Human Resources Development ( Rs 200 crores), the idea is to provide the MNRE with funds to achieve key objectives. While readers will be […] Read more
CREDA Seeks Bids to Empanel Vendors for l kWp-500kWp Solar Projects Updated On Thu, Dec 9th, 2021 by Saurenergy Chhattisgarh State Renewable Energy Development Agency (CREDA) has issued a new tender, inviting online bids to empanel vendors for the development of l kWp to 500kWp rooftop solar projects for residential use in the state. The deadline for the submission of online bid (technical + e-price bid) is January 5, 2022, at 5 PM. Submissions […] Read more
GoodWe Adds Top Altman-Z Score To Strengthen High Bankability Status Updated On Thu, Dec 9th, 2021 by Saurenergy In few industrial sectors is the financial strength of every supplier taken as seriously as it possibly is in the case of solar energy. For the young sector, where projects are routinely expected to last 25 years, with minimum product warranties starting at 5 years, suppliers bankability has always been a selling point with financiers. […] Read more
Dalmia Cement Promises Rs 250 Cr Solar Plant In Jharkhand Updated On Mon, Dec 6th, 2021 by Saurenergy Dalmia Cement (Bharat) Ltd, which had earlier become the first cement company to join RE100 – a global collaborative initiative of the world’s most influential companies committed to 100% renewable power, has committed to a Rs 250 crore investment in a solar plant to supply power to a planned additional grinding unit in the state. […] Read more
Tata Power Solar Bags India’s Largest Solar Storage Project Worth Rs 945 cr From SECI Updated On Thu, Dec 2nd, 2021 by Saurenergy Tata Power Solar Systems Limited (Tata Power Solar), India’s largest integrated solar company and a wholly owned subsidiary of Tata Power, has received Letter of Award (‘LoA’) from Solar Energy Corporation of India Ltd. (SECI) to build 100 MW EPC Solar project along with 120 MWh Utility Scale Battery Energy Storage System (BESS). The total […] Read more
