Electriq Power Secures $300 Million for Solar+Storage Financing Updated On Fri, Mar 17th, 2023 by Saurenergy Silicon Valley-based Electriq Power which provides intelligent energy storage and management for households and small businesses, has announced that it has entered into a multi-year agreement with a major US clean-energy company for financing purposes. The provider company provides a platform that designs, proposes and finances solar and storage projects nationwide. Electriq Power said that […] Read more
“Penetration In MSME Low, Market Untapped for Solar Rooftop Plant Developers,” Vikas Agarwal, Credit Fair Updated On Fri, Mar 17th, 2023 by Saurenergy With a transition in power consumption patterns worldwide due to climate change and the limitation of fossil fuels, the importance of green sources such as solar energy has increased significantly in the past few years. However, the initial installation cost often is a significant limitation for the widespread adoption of solar technology in residential and […] Read more
Energy-tech Startup Zendure Introduces First Plug-and-Play Energy Storage System Updated On Fri, Mar 17th, 2023 by Saurenergy Energy-tech startup Zendure has introduced SolarFlow, which is said to be the first plug-and-play solar energy storage system for balconies. The energy storage system is made up of a PV hub and boasts of upto four batteries. SolarFlow offers compatibility with the usual balcony solar panels and lets residents in apartment and condos to store […] Read more
Solar, Wind Account for 92% Of Capacity Additions In 2022 In India Updated On Fri, Mar 17th, 2023 by Saurenergy New analysis from global energy think tank Ember reveals that solar and wind drove the majority (92%) of India’s electricity capacity additions in 2022. This strong growth sets the stage for the country to assume climate leadership in the run up to the G20 summit this year. Coal accounted for only 5%. India’s solar and […] Read more
Ørsted Acquires 160 MW Irish Solar Project ‘Garrenleen’ Updated On Fri, Mar 17th, 2023 by Saurenergy Ørsted has announced the acquisition of 160-MW capacity Irish solar project Garrenleen from RE conglomerate Terra Solar. It’s the second solar project of Ørsted in Ireland and will be able to power up to 56,000 households annually. This is also expected to be one of the largest solar farms in the country. Subject to Ørsted’s […] Read more
SECI Re-issues Tender for 100 MW Floating Solar at Getalsud Dam, Ranchi Updated On Thu, Mar 16th, 2023 by Saurenergy SECI has invited bids for the Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 100 MW (AC) floating solar PV project having 10 years plant O&M at Getalsud Dam, Ranchi, Jharkhand. It’s a global tender. The SECI tender says that the last date for bid submission has been kept on May 2, 2023 and […] Read more
Solar Financing Startup Aerem Raises $5 Million in Equity Plus Debt Round Updated On Thu, Mar 16th, 2023 by Saurenergy Solar financing platform Aerem has raised $5 million in Pre-Series A round led by climate-tech investor Avaana Capital. The round also saw follow-on participation from Blume Ventures and it includes debt financing of $1.5 million from financial institutions. Financing has been a key issue seen to impact uptake of solar in the MSME segment, and […] Read more
USA’s Avangrid Developing Over 500 MW Solar Farms in Texas & Ohio Updated On Thu, Mar 16th, 2023 by Saurenergy Renewable energy firm Avangrid, continues to strengthen its presence in the renewable energy industry of the USA with two new solar farms that it is constructing in Texas and Ohio. Connecticut-headquartered Avangrid said that the two solar energy projects will cumulatively generate 523.5 MW of clean and affordable power for these states. Avangrid is a […] Read more
India Adds Just 487 MW of Solar Capacity in February 2023 Updated On Thu, Mar 16th, 2023 by Saurenergy As per the latest figures of installed capacity of renewable energy released by the CEA (Central Electricity Authority), India’s solar capacity rose to a little over 64380 MW as on February 28, 2023. In January 2023, the total solar power capacity stood at a little more than 63893 MW. Thus, over the span of a […] Read more
