Swift Solar Announces $27 Million Series A Funding Round Updated On Thu, Jun 13th, 2024 by Saurenergy Swift Solar, an American solar technology company has announced the close of its $27 million Series A financing round. This milestone is a major step forward for U.S. manufacturing of advanced perovskite solar technology. The round was co-led by Eni Next and Fontinalis Partners. Eni Next, the corporate venture capital arm of Eni, invests in […] Read more
Senior Energy Demand Analyst Updated On Wed, Jun 12th, 2024 by Saurenergy Team Profile:- This role will serve within Wood Mackenzie’s Demand team, a part of the Commodities segment. The Commodities segment is central to Wood Mackenzie’s energy and natural resource research, enabling clients across value chains to understand and respond to market and portfolio-related risks. Some of the services we provide include short-term and long-term market […] Read more
Maruti Suzuki To Invest Rs 450cr In Renewable Energy Adoption Updated On Wed, Jun 5th, 2024 by Saurenergy Maruti Suzuki India Limited, an Indian subsidiary of Japanese automaker Suzuki Motor Corporation recently announced that it has earmarked an investment of Rs. 450 crores to expand its usage of renewable energy solutions in the next three years. In FY2023-24, Maruti Suzuki invested Rs 120.8 crores towards commissioning renewable energy initiatives like solar power and […] Read more
Why Battery Makers In EU Are Shifting Their Base To The US? Updated On Mon, Jun 3rd, 2024 by Saurenergy Several European Union (EU) battery manufacturing companies are now shifting their interests to the United States (US). Better tax credits benefits and pro-renewable policies of the western country seem to have attracted several of them to look towards the US for better returns. A recent report by a global energy think tank Rystad Energy indicated […] Read more
The Top 5 Challenges For Green Hydrogen To Overcome Updated On Mon, Jun 3rd, 2024 by Saurenergy Hydrogen as a source of energy isn’t a new concept and is dubbed as a potential alternate energy source for over a century now. However, most hydrogen produced today is generated using fossil fuel energy, a source to about a billion tons of CO2 emissions equivalent per year. The concept of green hydrogen, promising considerable […] Read more
Panasonic Energy Reports 15.45% Revenue Growth In FY23-24 Updated On Tue, May 28th, 2024 by Saurenergy Panasonic Energy India Co. Ltd. (PECIN) a part of Panasonic Holdings Corporation today, announced the audited standalone results for the financial year ended on March 31, 2024. Panasonic reported revenue growth of 15.45% over the last financial year and a 198% increase in profit after tax (PAT). These numbers are a result of cost-efficiency initiatives, […] Read more
Reskilling Essential To Assist Transitioning Traditional Roles To Sustainability-Focused Positions Updated On Fri, May 24th, 2024 by Saurenergy There has been a significant surge in the demand for sustainability roles across various industries. From renewable energy engineers to sustainability managers, companies are actively seeking professionals with expertise in environmental conservation and sustainable practices. This trend not only reflects a growing awareness of environmental issues but also underscores the importance of integrating sustainability into business operations. […] Read more
Zevo Inks Deal With Zen Mobility For Last Mile Delivery Updated On Fri, May 24th, 2024 by Saurenergy Electric Vehicle supply chain firms ZEVO and Zen Mobility have inked a deal regarding improving last-mile delivery in India. The agreement is premised on automotive solutions in which Zen Mobility created the Zen Micro Pod, a unique car made specifically to maneuver through India’s clogged city streets. According to Zen Mobility, this partnership will improve […] Read more
Land Issues Slowing Down RE Projects In South Asia: Bloomberg Updated On Thu, May 23rd, 2024 by Saurenergy According to a recent report by Bloomberg’s New Energy Outlook (BNEF), renewables can overtake fossil fuels to reach 51% of power supply in 2030, 63% in 2040, and 70% in 2050. Bloomberg reported the current scenario and found that the global electricity demand based on the Economic Transition Scenario (ETS) grew by over 70% from […] Read more