SOLARCYCLE Raises $30 Million for Advanced Recycling Updated On Thu, Mar 16th, 2023 by Saurenergy Texas-based recycling start-up SOLARCYCLE that produces sustainable materials at scale for the solar industry, has raised $30 million in Series A funding. Now the total funding stands at $37 million since its inception a year ago. SOLARCYCLE said that the funds, consisting of both company equity and infrastructure financing, will be used to scale its […] Read more
Navitas Solar Ropes in Hiten Parekh as Chief Business Officer Updated On Wed, Mar 15th, 2023 by Saurenergy In what the firm is terming a long-term strategic move, Surat-based solar module manufacturing company, Navitas Solar has onboarded Hiten Parekh as its Chief Business Officer. Parekh professional experience includes 24 years spent in both India and abroad in various industries. He has ten years of industry experience in the solar sector. He brings to […] Read more
Global Solar Developer Lightsource BP Marks Entry into German Market Updated On Wed, Mar 15th, 2023 by Saurenergy Global solar developer Lightsource BP has put a new local team in place in Berlin. With this, the solar developer has forayed into the German market. With its entry into Germany, the firm has expanded its European presence to ten countries. Germany has set itself the ambition of 215 GW of solar by 2030. Currently, […] Read more
IbVogt Selects Nextracker to Supply Solar Trackers for 150 MW Power Plant in Spain Updated On Tue, Mar 14th, 2023 by Saurenergy Solar tracker solutions provider for utility-scale and distributed generation projects Nextracker has secured a new deal in Europe for its terrain-following solar tracker NX Horizon-XTR™ (XTR). IbVogt, German international solar developer, has chosen Nextracker’s XTR for the 150 MW Garnacha solar power plant in Spain. The project is backed by a twelve-year power purchase agreement […] Read more
Utility Scale Solar Takes Biggest Hit in 2022 In US as 20.2 GW Fresh Capacity Added Updated On Fri, Mar 10th, 2023 by Saurenergy A report from the developer led industry body Solar Energy Industries Association and WoodMac says that the United States added 20.2 gigawatts (GW) of new solar capacity in 2022, a 16% decrease from 2021. This was due in large part to an investigation into new anti-circumvention tariffs by the U.S. Department of Commerce, as well […] Read more
Germany’s AE Solar Plans EUR 1 Billion Solar Panel Facility in Romania Updated On Tue, Mar 7th, 2023 by Saurenergy Prime Minister of Romania Nicolae-Ionel Ciucă has met with AE Solar and Black Sea Universities Network representatives and German renewables player AE Solar has announced that it would open a factory for solar panel manufacturing in Romania. AE Solar also mentioned that the company will see an investment coming to the tune of EUR 1 […] Read more
In US, An Aerospace Manufacturing Hub Powered By Solar Micro Grid Updated On Mon, Mar 6th, 2023 by Saurenergy Jackson County, West Virginia in the US saw the top executives of three companies on Saturday break ground on a project on more than 2,000 acres of land. BHE Renewables, a Berkshire Hathaway Energy business, is developing the property into a first-of-its-kind solar energy microgrid-powered industrial site. Precision Castparts Corp. (PCC), a Berkshire Hathaway Inc. […] Read more
India’s Solar Self Sufficiency Dreams Move Ahead With Solar PLI II Bids Updated On Mon, Mar 6th, 2023 by Saurenergy Confirmations on the bidders for the phase 2 solar PLI (Performance Linked Incentives) scheme of the government are in, with Reliance Industries Limited (RIL), leading a host of companies that have bid for a slice of the incentives. In the guidelines for the second phase of the solar PLI scheme where Rs 19,000 crore has […] Read more
Ramkrishna Forgings to Spend Rs 35 Cr for 7.82 MW Rooftop Solar Updated On Fri, Mar 3rd, 2023 by Saurenergy As industries rush towards decarbonisation through employment renewable energy, Ramkrishna Forgings Limited plans has said that it will install a 7.82 MW rooftop solar power system at forging plants. The rooftop solar will come up in Sariekella and Dugni plants in Jamshedpur. The total investment in the solar installation will come to Rs 35 crore. […] Read more
