SolarSquare Secures 100 Cr Series A Funding by Elevation Capital and Lowercarbon Updated On Thu, Nov 3rd, 2022 by Saurenergy Mumbai-based solar installation and financing start-up, SolarSquare has announced recently that it has raised Rs 100 crore in a Series A round majorly sponsored by Elevation Capital and Lowercarbon, Chris Sacca’s multibillion-dollar fund for climate-tech companies. Existing investors Good Capital, Rainmatter, and Better Capital, as well as angel investors like Vidit Atrey and Sanjeev Barnwal […] Read more
ADB Signs Mandate with EDC for 2 GW Solar, Battery Storage in Cambodia Updated On Thu, Nov 3rd, 2022 by Saurenergy The renewable energy penetration looks bullish in the South East Asia. The new evidence comes from the fact that the Asian Development Bank (ADB) has signed a transaction advisory services mandate with Cambodia’s national utility company Électricité du Cambodge (EDC) to support the development of 2 GW of solar power in Cambodia. According to statement […] Read more
China is Home to World’s First Offshore Floating Wind-Solar Pilot Updated On Thu, Nov 3rd, 2022 by Saurenergy The world’s first commercial offshore floating solar that has been combined with an offshore wind turbine is now online in China. The project has been initiated by State Power Investment Corporation (SPIC), a utility that is owned by the Government of China. SPIC is among the five major utility firms in China and it is […] Read more
Wind Energy And Battery Storage To Combine For Baseload Supply To BHP In Australia Updated On Thu, Nov 3rd, 2022 by Saurenergy Baseload power, the final hurdle for renewable energy, especially wind and solar, looks set to face its first assault from renewables. French renewable energy developer Neoen, which has been involved with multiple big battery and renewable projects in Australia, has signed a first of its kind “baseload” contract with mining first BHP to supply power […] Read more
Tdafoq Energy, Delectrik Systems Partner for Battery Project in Saudi Arabia Updated On Thu, Nov 3rd, 2022 by Saurenergy Tdafoq Energy of Riyadh, Saudi Arabia has entered into a distribution and manufacturing license with India-based Delectrik Systems. Tdafoq Energy will exclusively sell Delectrik’s Vanadium Redox Flow battery products manufactured in India in the Gulf countries. According to the official statement of the companies, the sales will take place in Bahrain, Kuwait, Oman, Qatar, Saudi […] Read more
rPlus Energies Begins Construction of 200 MW Appaloosa Solar 1 Project in Utah Updated On Wed, Nov 2nd, 2022 by Saurenergy Salt Lake City based renewable energy developer rPlus Energies has said that it has commenced construction of the 200 MWac/240 MWdc Appaloosa Solar 1 project which is located in Iron County, Utah. To celebrate the commencement of Appaloosa Solar 1, rPlus Energies, Sundt Construction and Greenbacker hosted a groundbreaking ceremony on the project site. The […] Read more
Germany’s Largest Floating Solar Plant to Come Up in Open-Pit Lignite Mine Site Updated On Wed, Nov 2nd, 2022 by Saurenergy The government officials in eastern German Cottbus have paved way for the development of the largest floating solar power plant in Germany. The solar plant will come up on the Cottbus Ostsee lake which is a man-made lake created out of a former open-pit lignite mine. The announcement of the upcoming solar power project has […] Read more
Delhi’s Boundless Environment Adopts Sustainable Energy Solutions Updated On Wed, Nov 2nd, 2022 by Saurenergy Delhi-based firm, Boundless Environment Resource Solutions has begun a 2 MW project in New Delhi. The Mono PERC solar panels with 445Wp capacity were supplied by leading solar panel manufacturer Waaree Energies while HDFC Bank provided non-recourse financing for the project. company is a leader in unique approaches to wastewater management and renewable energy. Boundless […] Read more
Gautam Freight Announces 4 MW Solar Plant in Bhavnagar, Gujarat Updated On Wed, Nov 2nd, 2022 by Saurenergy With an increasing focus on environmental, social, and governance (ESG) investing and the growing interest in the Indian green energy sector, India has declared its intentions to boost its non-fossil fuel power generation capacity to 500 GW by 2030 during the COP-26 session in Glasgow. Businesses are therefore turning to clean energy sources to meet […] Read more