Italy To Add GW Plus HJT Manufacturing With Chinese Specialist Huasun Updated On Tue, Aug 6th, 2024 by Saurenergy Italy, one of the few European countries with a long history of solar manufacturing, is set to add a further GW plus of manufacturing for Wafers, cells and modules, using HJT (Heterojunction) Technology. The deal was signed between local player BEE Solar and Chinese HJT specialist, Huasun Energy. HJT, widely perceived as the more expensive […] Read more
IITM Research Park Launches 1MWh Battery Storage System Updated On Mon, Aug 5th, 2024 by Saurenergy On August 5, 2024, the Indian Institute of Technology Madras (IITM) research park launched the first-of-its-kind large-scale 1MWh lithium-ion battery storage system. The launch was done in the presence of Michelle Lujan Grisham, Governor of New Mexico. The storage system, designed and developed by the Center for Excellence in Energy & Telecommunications (CEET) is part […] Read more
Green Stocks August 5: Market Crash Singes Green Energy Stocks Too Updated On Mon, Aug 5th, 2024 by Saurenergy On a day when global markets were roiled by multiple issues ranging from the escalation of Middle East hostilities to the US-Japan carry trade, India’s markets too bent to the global winds. As the nifty dropped over 2.5%, green energy stocks, the market’s favorites during the sharp rise seen this year, suffered, with developers, EPC’s, […] Read more
With A Focus On Gujarat, BHEL Executes 1155 MW Solar Projects Updated On Mon, Aug 5th, 2024 by Saurenergy Shripada Yesso Naik, Minister of State (MoS) for the Ministry of New and Renewable Energy (MNRE) said that BHEL (Bharat Heavy Electricals Limited) has executed solar energy projects of up to 1,155 MW. The minister shared the figures in his recent statements before the Lok Sabha. As per the information shared by the minister, the […] Read more
Saatvik Solar Appoints Abani Kant Jha As CFO Updated On Mon, Aug 5th, 2024 by Saurenergy Saatvik Solar, a leading solar PV module manufacturer in India, has appointed Abani Kant Jha as its new Chief Financial Officer (CFO). With over 25 years of extensive experience across diverse industries, Jha brings his expertise to bolster Saatvik Solar’s financial leadership and drive its ambitious growth plans. An engineer by training, Jha’s versatile career […] Read more
Battery Recycling Can Slash Global Lithium Demand By 46%: RMI Updated On Mon, Aug 5th, 2024 by Saurenergy A latest report from global energy think tank–RMI said that mineral recycling can aid in slashing the global Lithium demand by around 46 percent. Battery demand is expected to surge in the coming years. To meet this demand, RMI said that rather than focusing solely on new extraction, countries can focus on battery recycling. Currently, energy […] Read more
J&K: 100 Tribal Villages to Achieve Self-Sufficiency with RE Updated On Mon, Aug 5th, 2024 by Saurenergy In a bid to push renewable energy in the rural parts of Jammu and Kashmir, the state government has decided to provide 100% green energy to 100 tribal villages. The local administration recently held a meeting in this regard to identify these 100 tribal villages in the region. The initiative is a part of the […] Read more
IEX Energy Exchange July Update- Traded Volumes Up 56% YoY Updated On Mon, Aug 5th, 2024 by Saurenergy Indian Energy Exchange (IEX) achieved the highest ever total volume (including certificates) of 13,250 MU in July 2024, marking a ~56% year-over-year increase. The electricity volume at 10,093 MU, increased 29% YoY for IEX in July. Green electricity volume during the month at 1 BU, grew 259% YoY. The renewable energy certificates (REC) at 3,150 […] Read more
Amara Raja Reports Solid Q1 Results, Commissions 90 MW Solar For NTPC Updated On Mon, Aug 5th, 2024 by Saurenergy Hyderabad based Amara Raja Energy & Mobility Limited (ARE&M), (formerly known as Amara Raja Batteries Limited), has reported profit before tax of ₹ 328.66 Cr for Q1 of FY25 registering a growth rate of 23% over Q1 of FY24. Standalone financial performance highlights: (₹ in crores) Particulars Quarter Ended Jun 30, 2024 Jun 30, 2023 Revenue […] Read more
