mPower Raises Addl $1.85 Mn in Series A Funding Updated On Wed, Mar 25th, 2020 by Saurenergy New Mexico headquartered innovative solar technology solutions provider, mPower Technology has raised an additional USD 1.85 million in Series A funding. Now, the company has an aggregate investment of USD 4.35 million in Series A round of funding. The company said that this extension round included investments from Cottonwood Technology Fund, NMA Ventures, and various angel investors. On investing in mPower, […] Read more
Demand for Domestic Products Increased After China’s Covid-19 Incidence: Yash Jain Updated On Wed, Mar 25th, 2020 by Saurenergy Solar panel prices, production, and supply are poised to continue to be in turmoil in the midst of the Coronavirus outbreak. Yes, the demand for domestic products have increased tremendously after China’s COVID-19 incidence. However, the industry is also facing shortage of raw material as compared to the demand. Also, we are coming up with […] Read more
Pattern Energy and CPP Investments Complete Merger Transaction Updated On Tue, Mar 17th, 2020 by Saurenergy Pattern Energy Group and CPP Investments have announced the completion of the previously announced merger transaction Pattern Energy Group and Canada Pension Plan Investment Board (CPP Investments) have announced the completion of the previously announced merger transaction. Under the terms of the merger agreement, CPP Investments acquired all of the outstanding common shares of Pattern […] Read more
GM Reveals new Ultium Batteries and Flexible Platform for EV Expansion Updated On Thu, Mar 5th, 2020 by Saurenergy General Motors (GM) has shared details of its strategy to grow the company’s electric vehicle (EV) sales quickly, efficiently and profitably. General Motors (GM) has shared details of its strategy to grow the company’s electric vehicle (EV) sales quickly, efficiently and profitably. “Our team accepted the challenge to transform product development at GM and position our […] Read more
Made In India. Is Change Coming Soon from China? Updated On Mon, Mar 2nd, 2020 by Saurenergy In the 2020 Union Budget, the Finance Minister made a not so subtle pitch for ‘Assemble In India’, even as the focus on Made in India continued. For India’s solar sector, the issue has never been more urgent, with over 80 percent of equipment imports from China. The Economic Survey, which precedes the budget by […] Read more
China’s TBEA: Unwilling to Miss Any Opportunity Updated On Tue, Feb 18th, 2020 by Saurenergy TBEA Xinjiang Sunoasis Company Limited (TBEA) is a firm with a difference, as far as India goes. The firm, which operates as TBEA Xi’an Electric Technology Limited in India, does many things differently, something that has worked for the firm in India. But first, the numbers. In India, the firm has an installed base exceeding […] Read more
Govt Set to Divest its 100% Stake in CEL; Invites EoI by Mar 16 Updated On Tue, Feb 11th, 2020 by Saurenergy After BPCL and Air India, government is now set to privatise its solar products manufacturer Central Electronics Ltd (CEL) and invited bids for selling its 100 percent shareholding with management control. The last date for interested parties to submit the bids is March 16, 2020. CEL is a Government of India Enterprise under the Department of […] Read more
US DOE Announces $297 Mn for Sustainable Transportation Research Updated On Tue, Feb 4th, 2020 by Saurenergy The US DOE has announced an investment of USD 297 million in funding for research and development of sustainable transportation technologies. The US Department of Energy (DOE), has announced the investment of USD 297 million in funding for research and development of sustainable transportation resources and technologies. The investment, split up between three, separate funding […] Read more
The Azure Power Investor Presentation for 2020-2025- Highlights Updated On Tue, Jan 21st, 2020 by Saurenergy As one of the few firms that are publicly listed, the Inderjeet Wadhwa founded Azure Power, listed at the NYSE (New York Stock Exchange in October 2016), Azure Power commands a special cachet in the Indian solar sector. Unlike many of its peers, not only has it stuck to solar, but also narrowed its focus […] Read more
