Solar Financing Startup Aerem Raises $5 Million in Equity Plus Debt Round Updated On Thu, Mar 16th, 2023 by Saurenergy Solar financing platform Aerem has raised $5 million in Pre-Series A round led by climate-tech investor Avaana Capital. The round also saw follow-on participation from Blume Ventures and it includes debt financing of $1.5 million from financial institutions. Financing has been a key issue seen to impact uptake of solar in the MSME segment, and […] Read more
Himachal Pradesh Power Corp Invites Bids for Supply of 32 MW Solar Power Project Updated On Tue, Mar 14th, 2023 by Saurenergy Himachal Pradesh Power Corporation Limited (HPPCL) has invited bids for the design, supply, construction and erection, testing, commissioning and operation and maintenance for 8 years of 32 MW (AC) solar power project at Pekhubella, Una, Himachal Pradesh. The EMD is Rs 3.70 cr. The document fee is Rs 15,000. The last date for submission of […] Read more
Technology & Solar Specialist Updated On Fri, Mar 10th, 2023 by Saurenergy Reporting to the Chief of Unit Knowledge Management & Capacity Building or a designated officer, you will be responsible for helping advance the solar transition missions of our member countries, technically supporting them deploy the suite of ISA programs. You will play a lead role for ISA, through accelerating the development and deployment of solar […] Read more
Google Signs Agreement with Sol Systems for Solar Energy at its Campuses Updated On Fri, Mar 10th, 2023 by Saurenergy American multinational technology firm Google has signed a pact with US solar energy firm Sol Systems to help power up its campuses in North and South Carolina with solar energy. The statement called the pact a “unique renewable energy procurement and investment strategy” facilitating the development of new solar energy projects that also help provide […] 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
Jindal Stainless Plans 27 MW Rooftop Solar at its Facilities Updated On Tue, Mar 7th, 2023 by Saurenergy Steel giant Jindal Stainless has announced that it will install solar power panels of over 27 MW at its facilities to further the cause of decarbonisation of its industrial processes. Jindal said that its two rooftop solar plants will be: 21 MWp capacity at Jajpur unit (Odisha) and 6 MWp capacity at Hisar unit (Haryana). […] Read more
RWE Acquires JBM Solar to Diversify Portfolio in United Kingdom Updated On Fri, Mar 3rd, 2023 by Saurenergy UK-based renewable energy developer RWE has announced the acquisition of JBM Solar with an ambition to significantly expand its solar and battery capabilities. JBM Solar is a sizable independent developer of solar and battery storage systems. With the acquisition of JBM Solar, RWE takes over a mature pipeline with a combined capacity of around 6.1 […] 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
Community Solar: An Explainer Updated On Thu, Mar 2nd, 2023 by Saurenergy Rooftop solar has established itself as an attractive option for green transition enthusiasts who are also looking to bring down their energy costs. The last decade saw solar prices come down considerably, which made the technology even more attractive. However, Rooftop solar becomes unappealing to most lower-income households because of the higher cost per kilowatt […] Read more