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use of solar energy

Sterling & Wilson Renewable Energy Raises INR 1,500 Cr via QIP Route

Sterling & Wilson Renewable Energy Limited (SWRE) has announced the completion of a fundraise of INR 1,500 crore through Qualified Institutions Placement (QIP) route. The Securities Issuance Committee of Board of Directors, at its meeting held on December 14, 2023, approved the issue and allotment of 4,32,27,665 equity shares of face value Re. 1 each […]

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Bangalore EV Startup Exponent Energy Rakes Up $26.4 Mn in Series B Round

A Bangalore-based startup that delves in rapid charging of electric vehicles, Exponent Energy, has pocketed $26.4 million in a Series B round that was led by Eight Roads Ventures. It also entailed a strategic investment from TDK Ventures. Other participants in the Series B round included existing investors such as Lightspeed, YourNest VC, 3one4 Capital, […]

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BluPine Energy Achieves Financial Closure for 120 MW Solar Project in Gujarat

Renewable Energy Company BluPine Energy, established in India by global infrastructure investor Actis, announced financial closure for its 120 MW solar project situated in Gujarat, secured under the GUVNL 16 tender. The electricity generated from this plant will be supplied to Gujarat Urja Vikas Nigam Limited (GUVNL) under a Power Purchase Agreement (PPA) for 25 […]

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“The Cabling In Solar Systems Is Designed to Exceed the 25 Year Warranty”, Hemant K Mehta, Elegar Kerpen

Pune-based German cable firm Elegar Kerpen has been among the many firms leveraging the solar opportunity for faster growth. The cable maker was in the news recently after completing the acquisition of LEONI Cables Solutions (India) Pvt. Limited, making the German firm among the leading cable manufacturers in the country.  SaurEnergy spoke to Hemant K […]

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Mumbai Gets Renewable Energy Powered Ultra-Fast Charging Station from Audi

Audi, the German luxury car manufacturer, today inaugurated an ultra-fast charging station in Bandra Kurla Complex (BKC), Mumbai. Conceptualized and developed in collaboration with ChargeZone, the ultra-fast charger boasts a total capacity of 450kW, to deliver 360kW of power to an electric vehicle and is enabled by a 500 amps liquid-cooled gun to ensure high […]

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Europe On Track For 56 GW Solar Additions In 2023

Continuing a third straight year of over 40% growth, Europe is set to add 56 GW of solar capacity in 2023. The data comes from SolarPower Europe, the trade body representing the European solar industry. The report also cautions that the continent might be pushing the limits of its ability to absorb solar capacity, as […]

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A Solar Panel To Withstand 270° Bending Stress For Cars and More

Huston, US based BougeRV, a provider of outdoor appliances and outdoor needs , has announced its new flexible 10BB solar panel, called the BougeRV Arch. The firm claims that the groundbreaking solar panel is the world’s first to withstand 270° bending stress without any solar cell cracking. Features and benefits of BougeRV Arch include ETFE […]

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Trina Solar Lands First Industrial Solar Energy Storage Project in Japan

Trina Solar signed a memorandum of understanding (MoU) with Japan’s Narashinrinsigen Hozenkousya (Nara Forest Resources Protection Company of Japan) to boost the penetration of its energy storage systems in Japan.  As per the pact, this collaboration solidified Trina Solar’s entry into the industrial energy storage sector in Japan, with a commitment to supply large-scale Battery […]

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