India to Increase Incentives for EV and H2-powered Car Makers Updated On Mon, Sep 6th, 2021 by Saurenergy India has revised its proposed $8 billion scheme for the auto sector which will now focus on providing incentives to companies to build electric and hydrogen fuel-powered vehicles, according to recent media reports. This is a significant shift from the government’s original plan to incentivise auto and auto part maker to build mainly gasoline vehicles […] Read more
LONGi’s H1 FY21 Results Out: US$5.438 B Revenue Reported Updated On Mon, Sep 6th, 2021 by Saurenergy Chinese module manufacturer LONGi has released its financial results for the first half of 2021, reporting revenue of 35.098 billion yuan (around US$5.438 billion), an increase of 74.26% compared to the same period of last year. The company earned a net profit of 4.993 billion yuan (around US$773.688 million), up 21.30% over the prior-year period. […] Read more
REI Expo 2021 Is Back. Important Dates and Details Updated On Mon, Sep 6th, 2021 by Saurenergy The Renewable Energy India (REI) Expo, among Asia’s largest and most influential expo’s in the RE space by Informa Markets in India, is back this year in its 14th epic edition in a physical format. Scheduled for 15th – 17th September 2021 at the India Expo Mart, Greater Noida, REI is supported by Indian Biogas Association (IBA), […] Read more
EcoFlow’s New Portable Power Station Can Charge 12 Devices at Once Updated On Mon, Sep 6th, 2021 by Saurenergy EcoFlow, a portable power and renewable energy solutions company, has launched the DELTA mini portable power station on HSN, the Home Shopping Network. Designed for outdoor recreation and work backup for users who work outside or in places that lack convenient power access, the indoor/outdoor DELTA mini can power 90% of devices and appliances and […] Read more
US Vanadium Announces $2.1 M Production Capacity Expansion Updated On Mon, Sep 6th, 2021 by Saurenergy American chemicals producer US Vanadium has announced a $2.1 million expansion of its production capacity for ultra-high-purity electrolyte used by grid-level vanadium flow batteries (VRFB). The production expansion comes on the heels of a purchase agreement for 580,000 litres of ultra-high-purity electrolyte by Austrian VRFB manufacturer and energy storage provider Enerox GmbH, which sells its […] Read more
Hungarian Village Gets Mobile Energy Storage Unit Updated On Mon, Sep 6th, 2021 by Saurenergy German electric utility E.ON has been developing large-scale mobile and flexible battery storage systems (BESS) in Hungary to facilitate the integration of new green power plants into existing grids at short notice. Last week the company connected the third such mobile storage system to the local distribution grid in Dúzs. The move was part of the EU-funded […] Read more
65% Of Aspiring Developers Choose To Exit PPA’s in GUVNL Projects In Gujarat Updated On Mon, Sep 6th, 2021 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has received 2605 applications from aspiring solar developers to exit their project commitments, after the utlity offered a one time exit option to developers from the signed PPA’s. The development followed the decision by the state government to offer zero subsidy for these smaller projects, at a fixed […] Read more
New Aussie Law Aims to Remove Hurdles in Offshore Wind Expansion Updated On Fri, Sep 3rd, 2021 by Saurenergy The Scott Morrison-led conservative government in Australia has introduced a legislation that could help clear the way for offshore wind farms to go ahead in a country considered to have massive offshore renewable energy potential. The long awaited legislation will set up a framework for building, running, maintaining and decommissioning offshore electricity projects including wind […] Read more
Draft Open Access Norms Can be a Tailwind for New RE Projects: CRISIL Updated On Fri, Sep 3rd, 2021 by Saurenergy The Draft Electricity (promoting renewable energy through Green Energy Open Access) Rules, 2021, announced by the Ministry of Power, if implemented as is, could improve the certainty of cash flows for new renewable energy projects coming up through this route, finds CRISIL ratings. In India, power distribution happens through three modes – state distribution companies, […] Read more
