Plaksha University Launches Clean Energy Research Center – Indorama Updated On Tue, Feb 20th, 2024 by Saurenergy Plaksha University, a tech university today announced the launch of Indorama Ventures Center for Clean Energy. The center claims to reimagine technology education and research in India with technology programs. Today’s announcement announced the launch of one of the first research centers at Plaksha University to lead a clean energy transition through education and research. […] Read more
GlobalFoundries, Biden Admin Announces $1.5 Bn Funding For CHIPS & Science Act Updated On Tue, Feb 20th, 2024 by Saurenergy The US Department of Commerce recently announced $1.5 billion in planned direct funding for GlobalFoundries (GF) as part of the US CHIPS and Science Act. GF claims to expand and create new manufacturing capacity through this investment. It estimates to expand it capabilities and securely produce more essential chips for automotive, IoT, aerospace, defense, and […] Read more
Environmental Reason Behind Shift to EVs, Buyers In India Worried About Charging Time: Report Updated On Tue, Feb 20th, 2024 by Saurenergy The latest Global Automotive Consumer Study by Deloitte shows that when it comes to the usage of electric vehicles battery-related concerns persist higher among Indian consumers. The study showed that around 43 percent of car buyers in India say the time required to charge an electric vehicle is one of the greatest concerns regarding EVs. […] Read more
Sembcorp RE Acquisition In China, India Rose By 42% YoY In 2023 Updated On Tue, Feb 20th, 2024 by Saurenergy Singapore-based Sembcorp Industries (Sembcorp) recently posted a strong performance for the year of 2023 (FY2023). They recently announced that they made a turnover of S$7.0 billion compared to S$7.8 billion in FY2022. Sembcorp said, “The group net profit before exceptional items (EI) grew 38% year-on-year to S$1.0 billion from S$739 million in FY2022, with higher […] Read more
PGCIL Approves Rs. 655.75 Cr. Investment For Two Transmission Projects Updated On Tue, Feb 20th, 2024 by Saurenergy Power Grid Corporation of India Limited (PGCIL) recently announced the approval of two investment projects worth Rs. 655.75 crores by its board of directors. The project included the implementation of unified load dispatch and communication (ULDC) phase III (SCADA/EMS upgradation project –northern region SLDCs) at an estimated cost of Rs 514.66 crore. The committee of […] Read more
Local Solar Module Industry To Face Low Import Prices: Borosil’s Kheruka Updated On Tue, Feb 20th, 2024 by Saurenergy The domestic solar module industry will be forced to continue facing ‘unrealistically’ low import prices, said Pradeep M Kheruka, Executive Chairman of Borosil Renewables. Kheruka made these comments during a conference call with institutional investors and analysts which was held on February 08. He further said that the ALMM mechanism remained suspended, keeping the door […] Read more
Goa State Industries Association (GSIA) Eyes 20-MW Expansion In Rooftop Solar Updated On Tue, Feb 20th, 2024 by Saurenergy As Goa strives to increase the installed capacity of its solar power, the industry of the state also seems to be on the same path. In a key development, the Goa State Industries Association (GSIA) will be supporting local manufacturing units to get rooftop solar power plants. The objective of GSIA is to generate 20 […] Read more
Daman & Diu Invites Bids For 7.47 MW Solar Power Expansion Updated On Tue, Feb 20th, 2024 by Saurenergy The Electricity Department of Daman and Diu has issued a tender to augment the capacity of two solar power projects in the Union Territory. The tender speaks for raising the capacity of an existing 6 MWdc solar power project by 2.56 MWdc. Also, the capacity of a 3 MWdc solar power project also needs to […] Read more
WBSEDCL Issues Tender For 10-MW Solar Power Project Updated On Tue, Feb 20th, 2024 by Saurenergy The West Bengal State Electricity Distribution Company (WBSEDCL) has issued tender seeking bids for the construction of a 10 MW solar power facility on a turnkey basis along the Teesta Canal bank in the Uttar Dinajpur district of West Bengal. The WBSEDCL tender says that the deadline for bid submissions is March 7, 2024, with […] Read more
