Energy Vault Gets $110 mn Investment From Softbank Vision Fund Updated On Sat, Aug 17th, 2019 by Saurenergy Energy Vault has announced that it has completed a USD 110 million Series B funding round led by the SoftBank Vision Fund. Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, has announced that it has completed a USD 110 million Series B […] Read more
REC Group and Meyer Burger Sign MoU for Strategic Collaboration Updated On Fri, Aug 16th, 2019 by Saurenergy REC Group has signed a memorandum of understanding for a strategic collaboration with the Swiss technology leader, Meyer Burger. Following the successful launch of its groundbreaking Alpha solar panel at Intersolar in Munich in May 2019. The REC Group, one of the leading European brands for solar photovoltaic panels has announced that it has signed a memorandum of understanding […] Read more
EBRD, OPIC and IFC to Provide $252 mn Loan for 250 MW Wind Farm in Gulf of Suez Updated On Fri, Aug 16th, 2019 by Saurenergy A joint USD 252 million investment by the EBRD, IFC and the OPIC will finance a new 250 MW wind farm in the Gulf of Suez. The European Bank for Reconstruction and Development (EBRD) has announced that it is stepping up its support for renewable energy in Egypt by providing funds to one of the biggest wind […] Read more
Solar Plates on all Government Installations: Bihar Deputy CM Updated On Fri, Aug 16th, 2019 by Saurenergy Bihar Deputy CM Sushil Kumar Modi has said that solar plates will be installed on government installations to promote solar power generation in the state. Bihar Deputy Chief Minister Sushil Kumar Modi has said that solar plates will be installed on government installations to promote solar power generation in the state. “A tender has been floated to install 250 MW solar power […] Read more
Suzlon Net Loss Trims Down to Rs 337 Crore in Last Quarter Updated On Fri, Aug 16th, 2019 by Saurenergy Suzlon Energy has revealed that its consolidated net loss narrowed to Rs 337 crore in the quarter, on account of lower expenses. Debt-laden Suzlon Energy has revealed in its latest financial results for the quarter ending June 30, 2019, that its consolidated net loss narrowed to Rs 336.88 crore in the quarter, on account of lower expenses. […] Read more
Solar Can Go Subsidy Free in China, Finds Study Updated On Wed, Aug 14th, 2019 by Saurenergy In a study that puts the incredible drop in solar prices in context, a study by researchers in China and Sweden has concluded that 344 prefecture level Chinese cities can afford to buy solar powered electricity at a price lower than the existing grid. The paper was published in Nature Energy, a British peer reviewed […] Read more
University of Birmingham and ISA Helping ‘Sun-Rich’ Farmers Updated On Wed, Aug 14th, 2019 by Saurenergy University of Birmingham and ISA are working to help farmers make the most of chilled food distribution systems powered by solar and solar-hybrid solutions. The University of Birmingham and the International Solar Alliance (ISA) have announced that they are working together to help farmers in ‘sun-rich’ countries make the most of chilled food distribution systems […] Read more
Ireland’s RE Expansion Expected to Bring in Massive Investments by 2030 Updated On Wed, Aug 14th, 2019 by Saurenergy Ireland is expected to attract massive investment as the country is set to add 5.8 GW of renewable power capacity over the next decade Ireland is expected to attract massive investment as the country is set to add 5.8 gigawatt (GW) of non-hydro renewable power capacity over the next decade to reach a total 9.6 […] Read more
Ultrathin Solar Cells Reach a Record of Nearly 20% Efficiency Updated On Wed, Aug 14th, 2019 by Saurenergy C2N has succeeded in trapping sunlight with 20 percent efficiency in a solar cell with an ultrathin absorbing layer of GaAs on nanostructured back mirror Researchers at the Centre de Nanosciences et de Nanotechnologies (C2N), in collaboration in particular with researchers at the German Fraunhofer ISE, have succeeded to trap sunlight efficiently in a solar cell thanks […] Read more
