Germany’s GridX secures $40 Million in Series C Funding Updated On Thu, Apr 28th, 2022 by Saurenergy GridX, a German enterprise rate platform provider to modern utilities and energy technology companies, has closed $40 million in Series C funding led by Energy Impact Partners (EIP), a global investment platform. Moore Strategic Ventures (MSV), Sunfox Capital and NGP ETP also participated in the round with Hunter Horgan of MSV joining the company’s board […] Read more
TotalEnergies Acquires Core Solar; Raises RE Portfolio by 4GW in USA Updated On Thu, Apr 28th, 2022 by Saurenergy French energy major TotalEnergies has announced that it has acquired Austin, US based Core Solar whose portfolio includes more than 4 GW of utility-scale solar and energy storage projects. These projects are at various stages of development across several U.S. states and power markets. According to TotalEnergies official statement, Core Solar CEO Greg Nelson and […] Read more
Solar power production in India getting impacted by forest fires: Study Updated On Wed, Apr 27th, 2022 by Saurenergy Forest fires that plague different parts of India, especially during summers, play a major role in reducing solar power production in India, a study has found. Several factors such as clouds, aerosols, and pollution generated from various sources limit the solar irradiance, causing performance issues in the photovoltaic and concentrated solar power plant installations. Large-scale […] Read more
Solar Inverters Move to The Front Updated On Wed, Apr 27th, 2022 by Saurenergy When it comes to the Solar market, a disproportionate share of attention is always paid to the modules, or more recently, the module supply chain. The global solar PV module market was valued at $127.9 billion in 2020, and is projected to reach $260.2 billion by 2030, growing at a CAGR of 7.4% from 2021 […] Read more
India, Maldives to Explore Transmission Interconnection For Renewable Power Transfer Updated On Wed, Apr 27th, 2022 by Saurenergy The Ministry of Power has informed that India and Maldives plan to set up a transmission interconnection for transfer of renewable power between the two countries. The proposal was discussed during the meeting between Power and New and Renewable Energy Minister R K Singh and Maldives’ Environment, Climate Change and Technology Minister Aminath Shauna in […] Read more
LONGi Creates Solar Industry’s First Tailor Made Metro Train on World Earth Day Updated On Tue, Apr 26th, 2022 by Saurenergy LONGi Green Energy Technology has created solar industry’s first tailor-made metro train in Xi’an, capital of northwest China’s Shaanxi Province. LONGi’s headquarters are also situated here. The LONGi sponsored concept was developed to mark World Earth Day. The specific day was established 53 years ago with the objective of raising global awareness of the importance […] Read more
Torrent Power Secures 50 MW Solar Power Plant from SkyPower Updated On Mon, Apr 25th, 2022 by Saurenergy Leading Ahmedabad based power player Torrent Power Limited has said that the company has acquired a 50 MW Solar Power Project from SkyPower Group. Torrent informed that the enterprise value for this acquisition is somewhere about Rs 417 crore subject to closing price adjustments, in case there are any and the acquisition is further subject […] Read more
Malawi solar mini-grid shows promise as way of electrifying rural Africa Updated On Fri, Apr 22nd, 2022 by Saurenergy A solar mini-grid in rural Malawi, East Africa, is powering maize mills, a sunflower oil facility and will help a welder in a nearby village expand his business, showing that centralised grid systems are not Africa’s only route towards low-carbon power. Malawi, a landlocked country in southeastern Africa, is defined by its topography of highlands […] Read more
Mercedes Benz electric EQS SUV offers 660 km range Updated On Fri, Apr 22nd, 2022 by Saurenergy Leading luxury car provider, Mercedes-Benz has unveiled its new electric sport utility vehicle – EQS electric SUV. The new electric vehicle model is now the flagship model in the global portfolio of Mercedes-Benz. The German automaker is claimed to offer a range of 536– 660 km on a single charge. Mercedes-Benz says that the EQS […] Read more