Total Energies Halts Adani Investments After US Indictment Updated On Tue, Nov 26th, 2024 by Saurenergy France’s Total Energies, which has been a key partner for Adani Green besides the other group firm, Adani Total Gas, stated on Monday stating that it will pause further financial contributions until the allegations originating in the US are resolved. In its statement, Total Energies stressed that it is not targeted by the indictment nor […] Read more
Supply Chain A Major Hinderance To APAC’s Wind Projects: GWEC Updated On Mon, Nov 25th, 2024 by Saurenergy Offshore wind is grappling with supply chain challenges, particularly in accessing onshore wind nacelles. A GWEC report found that China is the dominant supplier in the Asian Pacific (APAC) region. According to Global Wind Energy (GWEC), China holds an 85% Onshore market share, India and South Korea’s nacelle capacity is focused solely on onshore projects, […] Read more
Q2 Results: ACME Solar Reports Rs 15cr Profit In Q2 Updated On Mon, Nov 25th, 2024 by Saurenergy Renewable energy company ACME Solar today published its quarterly (Q2) and half-yearly (H1) results. The results revealed that the firm witnessed a dip in its revenues and profits in the quarter on a Year-on-Year (YoY) basis. However, on a Quarter-on-Quarter (QoQ) basis, the company reported an increase in its profit. The details filled in by […] Read more
5 Challenges That Can Increase Solar Module Costs In India Updated On Mon, Nov 25th, 2024 by Saurenergy The Indian solar module manufacturing sector, once heavily reliant on Chinese imports for solar modules and cells, is gradually moving toward self-reliance. However, this transition brings its own set of hurdles, which could lead to increased costs for solar panels and project development, potentially pushing solar tariffs higher in the coming years. 1. Reduced Export […] Read more
ReNew Foresees A Dip In Solar Cell Capacity With ALCM Updated On Mon, Nov 25th, 2024 by Saurenergy NASDAQ-listed solar module manufacturer ReNew expects a significant shortfall in cell capacity in India with the imposition of the proposed Approved List of Cell Manufacturers (ALCM). The company in its latest investors presentation anticipated a transition in the Indian solar cell market with the introduction of ALCM. The company said that the proposed decision of […] Read more
Besides Europe & Africa, Solex To Focus On Module Exports To US Updated On Mon, Nov 25th, 2024 by Saurenergy After trying hands with solar module exports to the European and African markets, Indian solar module maker Solex Energy is now eyeing the United States. The top management of the company in a latest investors call talked about their plans to venture into the US solar market for their exports. Chetan Shah, Chairman and MD […] Read more
Recruitment of Young Professionals Updated On Mon, Nov 25th, 2024 by Saurenergy Ministry of New and Renewable Energy (MNRE) invites application for ten (10) positions of Young Professionals from the Young, Talented, Innovative and Dynamic Professionals who are keen to demonstrate their proven academic, credential, professional achievements and leadership qualities. Details of the same are given below: 1. Name of position Young Professional 2. Number of positions […] Read more
MPUVNL Invites Bids For 26 MW Rooftop Solar Project Updated On Mon, Nov 25th, 2024 by Saurenergy The Madhya Pradesh Corporation (MPUVNL) recently floated a tender to build on-grid and off-grid solar rooftop systems with a total 26 MW capacity. The last date for bid submission is December 31, 2024. The recent tender plans to develop solar projects in Madhya Pradesh (MP) and to bring standardization of rates and selection of contractors […] Read more
US Allocates $1.3 Bn To Boost Lithium-ion Domestic Manufacturing Updated On Mon, Nov 25th, 2024 by Saurenergy To meet the growing domestic demand for electric vehicles (EVs), the United States (US) government has allocated a loan to finance a new facility in Terre Haute, Indiana, for manufacturing of lithium-ion battery separators. The government recently allocated a $1.3 billion direct loan ($1.2 billion in principal and $139.3 million in capitalized interest) to ENTEK […] Read more
