Norwegian Battery Maker Morrow Nets €100m Equity Funding Updated On Wed, Sep 27th, 2023 by Saurenergy Norwegian battery start-up Morrow Batteries has scooped up €100m in an investment round led by Siemens Financial Services and ABB. Other investors in the round were Nysnø Climate Investments and Arendals Fossekompani, as well as the company’s existing shareholders PKA, NOAH and Agder Energi Invest. Morrow, starting with its first battery cell factory opening in […] Read more
Credit Fair & UTL Solar Unite to Offer Solar Rooftop Installation Financing Solutions Updated On Wed, Sep 13th, 2023 by Saurenergy Credit Fair, a consumer lending fintech startup, has joined forces with solar inverter firm UTL Solar, to offer collateral-free affordable financing solutions to enable individuals, MSMEs, housing societies and trust associations in setting up solar rooftop solutions. The collaboration is a part of Credit Fair’s mission to facilitate solar energy adoption across the country without […] Read more
Okaya EV Joins Forces with Bluwheelz for 1000 EV Deployment Updated On Tue, Sep 12th, 2023 by Saurenergy Okaya EV, a firm which delves in electric vehicle (EV) industry, has entered into a strategic partnership with Bluwheelz, a tech-enabled logistics firm, known for first-mile, mid-mile, and last-mile logistics solutions and offers Fleet as a Service. The two firms will look at deploying 1000 EVs by September 2023. The initiative will kick off in […] Read more
Trina Trackers Adds 2.5 GW Plant In Brazil, Global Capacity Now 10 GW Updated On Mon, Sep 4th, 2023 by Saurenergy TrinaTracker, a smart tracker solution provider which is part of Trina Solar Co., has opened a smart tracker manufacturing plant in Salvador, Brazil. The factory will have annual production capacity of 2.5GW and will increase TrinaTracker’s global production capacity to 10GW, to meet the company’s growing business needs. TrinaTracker smart control system production line This is […] Read more
India’s Top 5 Module Manufacturers By Highest Module Efficiencies Basis ALMM List Updated On Fri, Sep 1st, 2023 by Saurenergy The Ministry of New & Renewable Energy has updated the Approved List of Models and Manufacturers (ALMM). The validity stands from March 10, 2023 to March 10, 2027. The ALMM list lays down the approved manufacturers whose modules can be used for government supported projects in India. Currently, there is a temporary exemption till March […] Read more
4GW Rooftop Solar Capacity In India Likely By 2024 End: IEEFA Report Updated On Fri, Sep 1st, 2023 by Saurenergy A latest report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics claimed that India’s rooftop solar market is likely to add a record 4 Gigawatt (GW) of capacity in the fiscal year of 2024. The report claimed that the sector is on its way to overcoming several major roadblocks. […] Read more
Life Beyond PLI-Top 5 Green Schemes For MSMEs And Startups Updated On Wed, Aug 23rd, 2023 by Saurenergy If you think the Government of India has been focused on large and utility-scale renewable projects, then you are right. The government focus has undoubtedly been on putting in place a large base, be it for solar capacity building or with schemes like the Production-Linked Incentive (PLI), domestic manufacturing that rewards scale. However, for smaller […] Read more
Global Inverter Market Remains Top Heavy In 2022, Solis Moves To No 3 Updated On Tue, Aug 22nd, 2023 by Saurenergy It’s concentrated at the top, when it comes to the Global Inverter market. The top 10 players accounted for 86% of all shipments, continuing their iron grip over the market. These are the findings from Wood Mackenzie’s global inverter report for 2022. Solis Inverters (the company), which has emerged as a global powerhouse in the […] Read more
Telangana Looks To Power Over 5200 Schools With Solar Rooftop Updated On Mon, Aug 21st, 2023 by Saurenergy The Telangana Government is striving to relieve government-run schools from the financial burden of electricity bills. The government will be introducing more solar power plants on the rooftops of its schools of different capacities. The plan involves installing solar power plants in a total of 5,267 schools, which includes 4,600 government and local body high […] Read more
