Nexamp Secures $400 Million for Community Solar in Six US States Updated On Thu, Jun 1st, 2023 by Saurenergy Boston based national clean energy provider Nexamp has announced over $400 million in tax equity and debt commitments led by US Bancorp Impact Finance and Mitsubishi UFJ Finance Group (MUFG). The funds will support the creation of 49 solar power and battery storage projects in six US states. The renewable energy projects will come up […] Read more
MNRE Clarifies On Applicability of ALMM Rules For Open Access, Net Metering Projects Updated On Tue, Oct 11th, 2022 by Saurenergy In an office memorandum on October 7, the Ministry of New and Renewable Energy has issued some key clarifications regarding it’s rules for usage of ALMM (Approved list of module manufacturers) modules across projects in India. The ministry, through another OM, had mandated the use of ALMM modules for all projects approved post April 1, […] Read more
Like Solar Trees, The Solar ‘Smartflower’ Also faces Cost Challenges Updated On Thu, May 12th, 2022 by Saurenergy Austria-based Smart Flower Energy Technology aims to “make a solar statement with the sculptural, intelligent Smartflower,” the latter being a flower-shaped solar product made of panels which operate with dual axis tracking, i.e. they follow the sun to always face it at an ideal 90 degrees. With a peak capacity of 2.5 kilowatts, the product is […] Read more
A Simple Solar Light Is Life Changing In This Indonesian Village Updated On Thu, May 5th, 2022 by Saurenergy Solar is more than just light. In a recent article on its website, IRENA has highlighted just how much. The article highlights the example of homemaker Konda Ngguna living in a small village in Laindeha, Sumba Island, Indonesia. Till a few years back, there used to be a total blackout in the Laindeha village after […] Read more
At Intersolar India, Gujarat Demonstrates Why It Is India’s Solar Growth Engine Updated On Mon, Dec 6th, 2021 by Saurenergy At Intersolar India last week, the first doubt that was cleared very quickly was the choice of location. Gandhinagar, the capital of Gujarat, is known to most people more for its limited role as the seat of the state government, than any pretensions to be a thriving commercial or cultural hub. Barely 20 odd kilometres […] Read more
US Distributed Energy Major Nexamp Closes $680 million Fund Raise Updated On Wed, Aug 18th, 2021 by Saurenergy Nexamp, which has a focus on distributed solar and storage systems, has secured a $240 million equity investment led by Generate Capital. The company also recently raised $440 million in debt financing, bringing its total new funding to $680 million. The new funding will accelerate Nexamp’s ability to offer a flexible range of decarbonization options for customers, expanding its […] Read more
Haryana Govt Tenders For 15,541 Solar Home, Lighting Systems Updated On Fri, Jun 4th, 2021 by Saurenergy In a detailed tender issued this week, the government of Haryana has asked for bids for supplying Solar Home Systems, and Solar Lighting Systems to the state. These will be used by Anganwadi Centres, Schools and other Government and Public buildings in Haryana. The tender has two models. Model One, for supply installation and commissioning […] Read more
FOR Report Targets Clean Energy Cess, Coal, Better Renewable Planning Updated On Fri, May 28th, 2021 by Saurenergy The Forum of regulators (FOR) is a body set up under section 166(2) of the Electricity Act, 2003 to ensure better coordination and analysis among power regulators across the country. The Forum consists of Chairperson of Central Electricity Regulatory Commission (CERC) and Chairpersons of State Electricity Regulatory Commissions (SERCs). The Chairperson of CERC is the […] Read more
Amplus Launches ‘The MILES Challenge’ for Clean Energy Startups in India Updated On Thu, Jan 14th, 2021 by Saurenergy Amplus Solar has launched The MILES Challenge for start-ups with ready to deploy solutions in the Clean Energy ecosystem in India. Amplus Solar, a leading distributed energy company headquartered in Gurugram, has announced the launch of The MILES (M+ Innovation Lab for Energy and Sustainability) Challenge for start-ups with ready to deploy solutions in the […] Read more
