Sri Lanka To Purchase 75% Equipment from India For India-funded Projects Updated On Mon, Jun 21st, 2021 by Saurenergy Recently, we reported that India extended a USD 100 million Line of Credit (LOC) to Sri Lanka for various solar energy projects. Now, for those solar projects, Sri Lanka will purchase the equipment and materials from India itself. That USD 100 million LOC is a 15-year loan of a fixed rate of 1.75% and that […] Read more
US Solar Capacity Surpasses 100 GWs with 58% Electricity Generation Updated On Fri, Jun 18th, 2021 by Saurenergy The US solar market has surpassed the 100 gigawatts (GWs) of installed electricity generation capacity, which marks the doubled size of the industry over the past 3.5 years, says a report entitled ‘U.S. Solar Market Insight Q2 2021’. According to the report released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, the solar […] Read more
Aurora Solar Raises $250 Million to Digitize Solar Installations Updated On Tue, May 25th, 2021 by Saurenergy Funding Round Led by Coatue Signals Market Interest in the Growing Solar Industry Aurora Solar, the industry’s leading software platform for solar sales and design, today announced it has closed a $250 million Series C funding round led by Coatue, with follow-on participation from existing investors ICONIQ Capital, Energize Ventures, and Fifth Wall. In just over two years, Aurora […] Read more
US Solar Industry in 2020 saw Jobs Decline by 6.7% From 2019: Report Updated On Fri, May 7th, 2021 by Saurenergy The US solar industry employed 231,474 workers in 2020, a 6.7% drop in jobs from 2019 due to pandemic restrictions and increased labor productivity The U.S. solar industry employed 231,474 workers in 2020, a 6.7 percent drop from 2019 due to pandemic restrictions and increased labor productivity, according to the National Solar Jobs Census 2020 released by […] Read more
