Electric Motorcycle Startup Raptee Pockets $3 Mn in Pre-Series A Round Updated On Tue, Sep 26th, 2023 by Saurenergy EV Motorcycle Startup, Raptee has raised $3 million in a Pre Series A round led by deep-tech VC fund Bluehill Capital. The all-equity funding round saw participation from investors including Eugene Mayne, Founder and CEO of Tristar Global (UAE), Lakshmi Narayanan, Former CEO Cognizant, Ramesh Kannan, Managing Director, Kaynes Technology, Chandu Nair, Director, Shankara Building […] Read more
103.5 MW Solar Park in Netherlands is Powered by JA Solar Updated On Wed, Sep 13th, 2023 by Saurenergy China-based firm, JA Solar Technology Co Ltd, which makes solar products will be providing equipment for a solar project in the Netherlands for a capacity of 103.5 MW. The solar project, the Fledderbosch park, is expected to go live early next year. JA Solar Technology has bagged the contract from Dutch developer Ecorus. The solar […] Read more
Drop In Solar Costs Put At 3% by IRENA for 2021-22 Period Updated On Mon, Sep 4th, 2023 by Saurenergy The International Renewable Energy Agency (IRENA) has published a report into the cost of producing power in 2022, putting the drop in levelised cost of electricity (LCOE) in the solar PV sector at 3% in 2022, and 89% between 2010 and 2022. The findings will be no surprise to industry insiders, considering how the drop […] Read more
Haryana Renewable Energy Department Awards Order for 7,781 Pumps to Shakti Pumps Updated On Wed, Aug 30th, 2023 by Saurenergy Shakti Pumps has announced receiving its first work order under the KUSUM-3 Scheme from Haryana Renewable Energy Department (HAREDA). The contract is for 7,781 pumps. The work order for the pumps is valued at close to INR 358 crores. This is inclusive of GST. Recently, Shakti Pumps reported a net sale at INR 101.01 crore […] Read more
Gensol Engineering Bags Two Solar EPC Projects in Dubai Updated On Tue, Aug 29th, 2023 by Saurenergy Gensol Engineering, a firm that delves into solar advisory and execution services, has bagged two orders for solar EPC projects in Dubai, United Arab Emirates (UAE). “Gensol Engineering announced its two turnkey maiden international solar engineering, procurement, and construction (Solar EPC) projects with the Dubai Government Workshop Warehouse and the Dubai Police,” the firm said […] Read more
Masdar & Ethiopia Forge Ties for 500 MW Solar Capacity Updated On Fri, Aug 25th, 2023 by Saurenergy State-owned UAE-based developer and operator of utility-scale renewable energy projects, Masdar, has joined hands with Ethiopia for the establishment of an additional 500 MW of solar power project in the African country. The announcement comes as part of the Etihad 7 program, which was introduced by the UAE in January last year. The partnership was […] Read more
Longi Crosses 1 GW Milestone In Middle East, Looks Ahead To Much More Updated On Mon, Aug 21st, 2023 by Saurenergy Chinese solar major Longi has announced the shipping of over 1GW of solar modules to the Middle East distribution solar market by the second quarter of 2023. The number is a significant milestone for Longi as well as underscoring the high demand and interest in solar solutions for the middle east region. Solar majors have […] Read more
Masdar Raises US$750 Million Green Bond Updated On Thu, Jul 20th, 2023 by Saurenergy Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […] Read more
From Potential to Progress: What Does Africa Renewable Energy Journey Look Like? Updated On Thu, Jul 13th, 2023 by Saurenergy With 33 out of the world’s 47 least-developed countries nestled within its borders, and with more than half of the population in Africa having no access to electricity, the African continent stands as a veritable gold mine for those with a vision for progress in renewable energy. This article focuses on the progress made against […] Read more
