SolarSquare Secures 100 Cr Series A Funding by Elevation Capital and Lowercarbon Updated On Thu, Nov 3rd, 2022 by Saurenergy Read more
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
Grew Appoints Hiten Parekh As Its New President (Global Sales) Updated On Wed, May 8th, 2024 by Saurenergy Indian solar module manufacturer Grew has appointed Hiten Parekh as its new President (Global Sales). Grew was founded in 2022 and is backed by the legacy of the Chirpal Group. “I am happy to share that I am starting a new position at GREW as President of Global Sales. GREW is Chiripal Group venture and […] Read more
Everything You Wanted To Know About India’s Biggest Rooftop Solar Scheme Updated On Fri, Apr 19th, 2024 by Saurenergy Made For, Of and By India One of the biggest aspects of the PM Surya Ghar Scheme is the focus on mass markets, by limiting subsidies to systems upto 3kW in size. It is also meant to be a catalyst for India’s domestic manufacturing base for solar equipment, which has struggled to counter Chinese imports […] Read more
COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip Updated On Tue, Feb 13th, 2024 by Saurenergy Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar. Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […] Read more
COVER STORY: Rooftop Solar Enters Mission Mode In India Updated On Mon, Jan 29th, 2024 by Saurenergy The signs were already there. In the first week of 2024, the Ministry of New and Renewable Energy (MNRE) created ripples in the Indian solar market when it announced a 23 percent increase in subsidies for residential rooftop solar. As per the government notification, the ministry increased subsidies from Rs 14,588/kWh to Rs 18,000/kWh for […] Read more
Solar Startup Zunroof Struggles To Deliver On Promise Updated On Fri, Aug 25th, 2023 by Saurenergy There were plenty of rooftop solar companies raising capital during the 2016-19 period. However, the fund inflow in such startups slowed down gradually and only a handful of them are in serious business. In fact, recent funding rounds for firms like Solar Square have been built around funding their customers. One early pre-2020 startup is […] Read more
Supply Chain Startup Solar Ladder Secures Rs 11 Crore Funding Updated On Thu, May 4th, 2023 by Saurenergy In a key development that signifies the expanding solar power supply chain in India, Mumbai based Solar Ladder has announced that it has secured Rs 11 crore in seed funding. Solar Ladder is a platform that manages the supply chain for solar installation firms. The funds have been raised from Axilor Ventures, Titan Capital, DeVC, […] Read more
