Waaree Energies Raises INR 1000 Cr Through Private Funding, Drops IPO Plans Updated On Thu, Oct 6th, 2022 by Saurenergy Waaree Energies Limited, India’s leading solar panel manufacturer, has raised around Rs 1000 crore from various investors through private funding. The promoters also participated in this equity raise at the same valuation. The proceeds will be used for expansion plans of the firm to augment its manufacturing capabilities in India from 2 GW to 9 […] Read more
PV Installs Explode Despite Obstacles, Jump 87 GW Updated On Mon, Oct 3rd, 2022 by Saurenergy Despite ongoing price increases on polysilicon and other commodities, rising costs, sanctions against China for using Uyghur forced labor to produce solar panels, not to mention the US Department of Commerce block in early 2022 due to antidumping accusations in Southeast Asia, solar installations are likely to increase by 38% year over year. This is […] Read more
REI Expo 2022 Kicks Off with Great Enthusiasm, Presence of MNRE Minister Updated On Thu, Sep 29th, 2022 by Saurenergy Informa Markets in India launched the Crystal Edition (15th anniversary) of Asia’s biggest REI Expo, the Renewable Energy India Expo 2022 at the India Expo Mart, Greater Noida, Delhi-NCR. Over 500 top exhibitors showcasing more than 750 brands were present on the show floor. The first day of the REI expo was graced by dignitaries […] Read more
Agro-PV: Gauging India’s Agrivoltaics Potential Updated On Sat, Sep 17th, 2022 by Saurenergy According to the 2011 national census, agricultural and related sector activities employ 54.6% of the total workforce and contribute to 17.8% of the nation’s Gross Value Added (GVA). These stats show that despite the digital transformation that has taken place in the country, India is fundamentally an agrarian economy. Under its Mission 500GW, India has […] Read more
Adani Announces Three Gigafactories as Part of $70 Billion Investment Updated On Thu, Sep 8th, 2022 by Saurenergy The Chairman and Founder of Adani Group, Gautam Adani has said that his company, Adani Group, will be investing in the construction of three giga-factories that will manufacture key equipment required for the expansion of renewable energy. The three gigafactories will be part of the $ 70 billion investment by the group in clean and […] Read more
Start-Up Jungle Raises €5 Million to Deploy AI Technology in RE Sector Updated On Wed, Sep 7th, 2022 by Saurenergy Dutch artificial intelligence start-up Jungle has announced that it has closed a €5 million Series A funding round led by SHIFT Invest- Dutch venture capital fund complemented by Rocks International Group, EDP Ventures, Gorilla Growth Capital and Future Energy Ventures. Jungle said that the funding will allow it to speed up the deployment of its […] Read more
First Semi-Solid State Portable Energy Systems to be Unveiled at Berlin’s Expo Updated On Mon, Sep 5th, 2022 by Saurenergy California’s sustainable energy technology start-up Zendure will introduce SuperBase V, the new standard for portable home energy systems, at the IFA consumer electronics expo in Berlin. The first system in the market to use semi-solid state batteries is called SuperBase V, and it has a capacity range of 6.4 kWh to 64 kWh. It is […] Read more
The Top 5: Largest Battery Energy Storage Systems Worldwide Updated On Thu, Sep 1st, 2022 by Saurenergy As we talk about renewable energy replacing fossil fuels, the bottlenecks hindering the progress of renewable energy must be taken care of as well. One of these bottlenecks is the variable nature of renewable energy. Battery Energy Storage Systems (BESS), also known as Big Batteries, provide electricity grids with a wide range of benefits – […] Read more
IKEA Owner- Ingka Group Buys 49% Stake in Swedish Wind Power Projects Updated On Tue, Aug 30th, 2022 by Saurenergy Ingka Investments, the investment arm of Ingka Group that owns IKEA stores worldwide, has announced that it has acquired a 49 per cent share in three offshore wind development projects from OX2 in Sweden for a price of €58 million. The official statement of Ingka held that the power generating potential of the three offshore […] Read more
