TMEIC Setups a Newly Established Power Electronics Factory in Karnataka Updated On Thu, Sep 28th, 2017 by Saurenergy The newly established a factory of TMEIC is built to further reinforce company’s power electronics business in India. Toshiba Mitsubishi-Electric Industrial Systems Corporation (hereinafter, “TMEIC”; President & CEO Masahiko Yamawaki) has newly established a power electronics factory in Tumakuru district near Bengaluru, Karnataka State, in India. The new factory which is expected to be fully […] Read more
ABB and Northvolt Partner for Europe’s Largest Battery Factory Updated On Thu, Sep 28th, 2017 by Saurenergy Northvolt will build Europe’s largest and most advanced lithium-ion battery factory in Sweden. Supported by ABB’s industrial automation expertise, the factory will supply European customers in the automotive and key industries with high quality and customizable battery solutions. ABB and Northvolt have signed a Memorandum of Understanding (MOU) for a wide-ranging supply and technology partnership, […] Read more
Viz-A-Viz with Lior Handelsman, VP of Marketing and Product Strategy | Founder | SolarEdge Updated On Thu, Sep 28th, 2017 by Saurenergy Q. Please give us an overview of SolarEdge’s India operations and product offerings? What are the new products you are planning to bring in India? The first SolarEdge system was installed in India approximately three and a half years ago and the system has performed well, surpassing the customer’s expectations. SolarEdge systems have been installed on […] Read more
Fate of Paris Climate Accord Updated On Wed, Sep 27th, 2017 by Saurenergy “WE’RE GETTING OUT.” These were the words that made headlines in the entire world, and were used specifically by the US President Donald Trump to signify America’s exist from the Paris Climate Agreement. The Republican Party Premier cited a number of negative statistics about the predicted economic impact from the climate deal, including a $3 […] Read more
JLM Energy announces $25-million project finance investment Updated On Wed, Sep 27th, 2017 by Saurenergy The investment was arranged by GoldenSet Capital Partners as subadvisor to the North Sky Alliance Fund II. CohnReznick Capital was the advisor to JLM Energy in this transaction. JLM Energy, a renewable energy technology company, has announced that it has secured $25 million to finance distributed energy storage projects for Commercial & Industrial (C&I) customers. […] Read more
REC Group Receives Prestigious Solar + Power Award for Its Twinpeak 2 Solar Panel Updated On Wed, Sep 27th, 2017 by Saurenergy The ‘Silicon Module Award’ category recognizes achievements in delivering high quality products that establish, support or exceed industry standards. This is the second Solar + Power industry award for REC Group and the second time its innovative TwinPeak technology based on half-cut multicrystalline PERC cells has been awarded. REC Group has again been distinguished with […] Read more
Azure Power Bags 260 MW Solar Power Project in Gujarat Updated On Wed, Sep 27th, 2017 by Saurenergy The 260 MW allocation is the largest allocation by GUVNL to a solar power developer, 52% of the total allocated capacity of 500 MW announced. Azure Power will provide power for 25 years to GUVNL which has been rated AA- by ICRA, a Moody’s company, at a tariff of INR 2.67 (~US$ 0.04) per kWh. […] Read more