Author: Saur News Bureau

Sungrow Signs 145 MW Distribution Agreements in Pakistan

Global inverter and energy storage conglomerate Sungrow has signed 145 MW distribution agreements with local partners including SkyElectric, Wateen Energy and Uenergy at Solar Pakistan 2023 expo to further facilitate Pakistan’s 2030 ambition to generate 60% of its electricity from renewable sources. Sungrow participated in the expo showcasing its commercial storage system PowerStack, residential solar-plus-storage, […]

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Chinese Battery Giant CATL Announces 2022 Results, Almost Doubles Profit

Chinese battery giant Contemporary Amperex Technology Limited (CATL) has announced its financial results and said that it almost doubled its net profit in 2022 due to the booming electric vehicle market at home. CATL said that its net profit increased by 93 per cent to $4.4 billion in 2022 year on year. The company disclosure […]

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MNRE Looks to Develop Pipavav, Tuticorin Ports for Offshore Wind

The Ministry of New and Renewable Energy (MNRE) will soon share a proposal with the Ministry of Shipping. The proposal will look at the development of the ports in Gujarat (Pipavav) and Tamil Nadu (Tuticorin). The aim will be to handle offshore wind project cargo. Under the ambit of MNRE, The National Institute of Wind […]

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BrightNight, ACEN Join Hands to Develop Renewables in India

U.S. based  renewable firm, BrightNight, has joined hands with ACEN Corporation, a Philippine listed energy platform of the Ayala Group, to accelerate the development, construction, and operation of BrightNight’s initial 1.2 GW, multi-technology renewable power portfolio in India. The partnership is formed  through ACEN Renewables International Pte. Ltd. and ACEN International, Inc. (collectively known as […]

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JinkoSolar Announces Financial Results; Net Profit Stands at $96 Million

JinkoSolar Holding Company that claims to be one of the largest and innovative solar module makers in the world, has announced its financial results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter Results of 2022 JinkoSolar said that the quarterly shipments were 16,802 MW solar modules, cells and wafers which […]

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Purdue University Creates Safer Solid-State Lithium-Ion Batteries

Indiana-based Purdue University has said that its engineers are making one of the most-used power sources safer and more efficient. High-voltage, solid-state lithium-ion batteries are the go-to power source for high-end technologies like electric and hybrid vehicles, wearable devices, pacemakers, radio-frequency identification systems and more. One of their most dramatic drawbacks is that they often […]

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Joy E-Bike’s Scale Neared Rs 200 Cr in FY22, Profits Grew 4.5X

Wardwizard Innovations & Mobility Limited is one of the leading auto manufacturing companies in the electric vehicle segment under the brand name Joy e-bike. On the back of its rising demand for electric two wheelers, the firm saw its scale grow over four times during the fiscal year ending in March 2022. The mobility company […]

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