EverSource Closes India’s Largest Climate Impact Fund at US$ 741 million Updated On Tue, Jan 18th, 2022 by Saurenergy EverSource Capital (EverSource) has completed the final close of India’s largest climate impact fund, Green Growth Equity Fund (the Fund), at US$ 741 million, making GGEF one of the largest single-country funds focused on Climate change, Mitigation and Adaptation in the emerging markets. EverSource is investing to combat climate change by focusing on the decarbonization of energy and resource […] Read more
Gautam Solar Upgrades Solar Pump Controllers, RMUs for Solar Systems Updated On Mon, Jan 17th, 2022 by Saurenergy Solar manufacturer Gautam Solar has announced an upgrade of its solar pump controllers & remote monitoring units for solar PV systems. The company claims the following: The Solar Pump Controllers have homegrown Variable Frequency Drives & Remote Monitoring Units tuned for 1 – 10 HP of solar pumps (DC / AC & Surface / Submersible). […] Read more
MNRE Widens ALMM Ambit To Cover Open Access, PM KUSUM. Domestic Manufacturers To Benefit Updated On Fri, Jan 14th, 2022 by Saurenergy In an office memorandum dated January 13, the Ministry of New and Renewable Energy (MNRE) has delivered on a promise made by Power and MNRE Minister R.K. Singh earlier to cover all govt. assisted projects under the ALMM scheme. The minister had contended that they have been advised that even projects availing of benefits like […] Read more
Scientists Design Lithium-air Batteries for Commercial Use in EVs, Drones Updated On Thu, Jan 13th, 2022 by Saurenergy The demand for the development of rechargeable batteries with high energy densities has been increasing in recent years. Although lithium-air batteries represent great potential theoretically to be employed in electric vehicles, drones and other storage applications that demand high energy, they haven’t yet demonstrated the requisite efficiency and cycle performance to be commercialised for practical use. […] Read more
Ubiquitous Energy Raises $30 M to Push Transparent Solar Window Tech Updated On Thu, Jan 13th, 2022 by Saurenergy Ubiquitous Energy, which makes transparent photovoltaic glass coating that harnesses solar power to generate energy, all while remaining visibly indistinguishable from traditional windows, closed a $30 million Series B funding round late last year. Including this Series B round, a total of $70 million of funding has been raised by the company to date to […] Read more
First Solar Faces Investor Lawsuits Over Business Claims In the US Updated On Tue, Jan 11th, 2022 by Saurenergy Starting off the new year on the wrong foot, US solar panel manufacturer First Solar has recently found itself embroiled in a number of lawsuits alleging fraud. Shareholder rights law firm Johnson Fistel announced last week that a class action lawsuit has commenced on behalf of investors of First Solar who purchased the company’s stock […] Read more
Australian RE Agency Grants $40 M to Drive Ultra Low Cost Solar Updated On Tue, Jan 11th, 2022 by Saurenergy On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced up to $40 million in funding to support research and development (R&D) that aims to support the achievement of the Government’s ultra low cost solar stretch goal. The R&D funding round will build on ARENA’s previous R&D investment into solar […] Read more
Engagement of Senior Consultant for Project Management at Industry Sector Updated On Thu, Jan 6th, 2022 by Saurenergy Bharat Heavy Electricals Limited (BHEL), India’s premier engineering and manufacturing enterprise provides World class products and services and caters to core sectors of the Indian economy viz., Power Generation and Transmission, Renewable Energy, Defence, Aerospace, Oil & Gas with over 180 product offerings to meet the needs of these sectors. With a widespread network of […] Read more
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