US Firm Kevala Raises $21 M in Series A Funding Round Updated On Wed, Sep 1st, 2021 by Saurenergy US energy data provider Kevala Inc. has raised $21 million in Series A funding round led by C5 Impact Partners LP (C5 Capital’s fund focused on data-driven technologies transforming critical infrastructure) and Thin Line Capital. Additional investors in the Series A round include senior energy sector executives Tom Werner, current Chairman and former CEO of […] Read more
Global Solar Installations Reached 138.2 GW in 2020 Updated On Mon, Aug 30th, 2021 by Saurenergy Despite the continued impact of COVID-19, a massive 138.2 GW of solar was installed in 2020, representing an 18% increase compared to 2019, in yet another global annual installation record for the global solar PV sector, finds a new report by SolarPower Europe. SolarPower Europe, the new EPIA (European Photovoltaic Industry Association), has released its […] Read more
Occupier Demand for Green Buildings Grew in 2020, Says Study Updated On Mon, Aug 30th, 2021 by Saurenergy In any given year, the construction, operation and decommissioning of buildings will be responsible for roughly 40% of total global greenhouse gas emissions. A new study has probed the attitudes of the sector’s people to open a window on our collective prospects of avoiding climate catastrophe. It claims that around three-fifths of its surveys’ respondents globally […] Read more
World’s Module Capacity to Grow in ’21; Southeast Asia 2nd Top Supplier Updated On Thu, Aug 26th, 2021 by Saurenergy Up to 400 GW of nameplate solar module manufacturing capacity and nearly 325 GW of nameplate cell capacity could be online by the end of 2021, says a new report. Southeast Asia is the second top production location for cell and module suppliers, following China and Taiwan, which are at the top. Clean Energy Associates […] Read more
CleanMax Gets ₹1,650 Cr Equity Investment from Augment Infrastructure Updated On Thu, Aug 12th, 2021 by Saurenergy Mumbai-based clean energy company CleanMax Enviro Energy Solutions Pvt. Ltd. has revealed that US investment firm Augment Infrastructure will acquire a majority stake in it for Rs 1,650 crore. Augment is purchasing the existing stake of Yellow Bell Investment Ltd (an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing) […] Read more
Sicona Secures AU$3.7 M to Expand Battery Supplies Tech Updated On Thu, Aug 12th, 2021 by Saurenergy Australian firm Sicona Battery Technologies Pty Ltd has raised AU$3.7 million in a pre-Series A funding round from leading investors to scale battery materials technology globally. This latest capital injection follows the company’s $1 million seed round in July 2020, the award of a $704k ‘Accelerating Commercialisation’ Grant by the Australian Federal Government in November 2020, […] Read more
SECI, Renew Power Sign PPA For 400 MW RTC Tender Won In 2020 Updated On Mon, Aug 9th, 2021 by Saurenergy ReNew Power has announced the signing of a Power Purchase Agreement (PPA) for Round-The-Clock (RTC) electricity supply, the first-of-its-kind in India. The PPA was signed with the Solar Energy Corporation of India (SECI) ReNew had won the bid to supply Round-The-Clock power in 2020 through an auction conducted by SECI. As per the contract, ReNew […] Read more
ST’s Bouskoura Plant to Use 50% Energy from Renewables by 2022 Updated On Wed, Jul 28th, 2021 by Saurenergy French-Italian semiconductor manufacturing company STMicroelectronics has announced that its Bouskoura site in Morocco will procure 50% of its energy from renewable sources by 2022 compared to 1% in 2020, as part of its action plan to achieve carbon-neutrality by 2027. ST has been present in Bouskoura for over 20 years with a back-end plant which employs […] Read more
Devise Alternate Ways to Repurpose Fossil Fuels, Argues IDTechEx Updated On Thu, Jul 22nd, 2021 by Saurenergy UK-headquartered IDTechEx, an independent market research and business intelligence provider, has advocated for devising novel ways to repurpose fossil fuel assets, as against simply resorting to obvious solutions like converting gasoline stations into EV charging stations. The latter trend has of late become popular among oil majors, which are looking to capitalise on the rapid […] Read more
