Husk Power Secures $100+ Million in Equity and Debt To Boost Growth Updated On Wed, Oct 25th, 2023 by Saurenergy Husk Power Systems has now announced closing $43 million in Series D funding. It said that it is the largest-ever equity raise in the minigrid industry. The funding, the firm said, would bolster Husk’s position as the leader in electrifying communities in rural Sub-Saharan Africa and South Asia with an Artificial Intelligence-enabled platform of renewable […] Read more
Govt Issues Renewable Consumption Targets For Discoms, Others Updated On Tue, Oct 24th, 2023 by Saurenergy The Ministry of Power, in its latest notification, issued a trajectory of renewable energy consumption for discoms, open access and captive power consumers. The new norms make these obligated entities to phase out the usage of fossil fuels in a phased manner. The new mandate was issued as per Section 14 of the Energy Conservation Act, […] Read more
We are looking at an expansion plan of 1 GW of TOPCon cell line: Surender Pal Singh, Premier Energies Updated On Mon, Oct 23rd, 2023 by Saurenergy Premier Energies has witnessed a remarkable journey of introducing the first solar panel assembly line with a 3 MW/year capacity, to setting up a fully-integrated 3.4 GW solar cell and module line. The firm is also capable of handling upcoming technologies of cells with larger sizes such as M10, M12 and Multi-Busbar cells. Surender Pal […] Read more
Adani Green Appoints Sangkaran Ratnam As Additional Director (Non-Executive) Updated On Mon, Oct 23rd, 2023 by Saurenergy Adani Green Energy Limited (AGEL) has appointed Sangkaran Ratnam as its Additional Director (Non-Executive, Nominee) with effect from October 23, 2023. The development came after it received a nomination letter from Total Energies Renewables and on the recommendation of the Nomination and Remuneration Committee and the Board of Directors, the company’s latest filing to BSE […] Read more
CERC Allows Wind Generator To Procure REC Despite Delayed Plea Updated On Mon, Oct 23rd, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement, gave relief to a Tamil Nadu-based wind power generator to procure Renewable Energy Certificate (REC) from National Load Despatch Centre (NLDC). This order came after Leo Fasteners, a wind power generator, moved the Commission seeking relief. Leo Fasteners had claimed that despite being a renewable energy generator, […] Read more
SECI’s Aggregate Capacity of PSA Agreements Exceeds 50 GW Updated On Sun, Oct 22nd, 2023 by Saurenergy Solar Energy Corporation of India (SECI), a Miniratna Central Public Sector Enterprise under the Ministry of New & Renewable Energy has surpassed the milestone of 50 GW aggregate capacity of agreements signed under Power Sale Agreements (PSAs). The latest quantum of PSAs signed stands at 50,292.64 MW now, where SECI is the trader as an […] Read more
Tata Steel Limited Eyes 26% Stake in Tata Power Arm Updated On Fri, Oct 20th, 2023 by Saurenergy Steelmaking firm Tata Steel Limited (TSL) has joined hands with Tata Power Renewable Energy Limited (TPREL) and TP Vardhaman Surya Ltd. (TPVSL). Under this agreement, TSL seeks to acquire 26% in TPVSL, currently a wholly owned subsidiary of TPREL. As per the agreement, TSL will also execute a fixed-tariff long-term agreement with TPVSL to source […] Read more
Iowa State University Awarded $1.8 Mn Grant for Agrivoltaics Project Updated On Fri, Oct 20th, 2023 by Saurenergy Iowa State University (ISU) is set to undertake a study on the benefits that bringing crops and solar power together can bring. The ISU houses an innovative agrivoltaics project- the Alliant Solar Farm that was unveiled recently. The 1.75 NW agrivoltaic solar project will delve into optimisation of land while making a note of the […] Read more
Cosmos Innovation Bags $19.7mn For Perovskite Silicon Tandem Fab Platform Updated On Fri, Oct 20th, 2023 by Saurenergy Singapore based Cosmos Innovation, an AI-first company building next-generation perovskite silicon tandem (PST) solar cell technology, today announced raising $19.7 million in total funding. Founded by Vijay Chandrasekhar and Joel Li, the firm raised its Series A round with participation from Xora Innovation, an early-stage, deep-tech investment platform of Temasek, headquartered in Singapore. Other investors joining […] Read more
