India’s NIWE and UK’s ORE Catapult Collaborate for Offshore Wind Development Updated On Tue, Apr 26th, 2022 by Saurenergy India’s National Institute of Wind Energy (NIWE) has announced signing of a a Joint Declaration of Intent (JDI) with ORE Catapult of the United Kingdom under which the two wind energy organisations of their respective countries will establish a five-year collaboration programme for the development of wind energy, particularly offshore wind. India currently has zero […] Read more
Dependence on Lithium A Speed Breaker For EV Transition Updated On Tue, Apr 26th, 2022 by Saurenergy Lithium supply chain risks are wrecking plans for the expansion of EVs as well as large storage. Among its other uses in renewable technology, lithium is a key element in electric car batteries. Electric car sales are at an all-time high, with companies including Tesla, Volkswagen, and Mercedes posting record shipments in the first three months of […] Read more
LONGi Creates Solar Industry’s First Tailor Made Metro Train on World Earth Day Updated On Tue, Apr 26th, 2022 by Saurenergy LONGi Green Energy Technology has created solar industry’s first tailor-made metro train in Xi’an, capital of northwest China’s Shaanxi Province. LONGi’s headquarters are also situated here. The LONGi sponsored concept was developed to mark World Earth Day. The specific day was established 53 years ago with the objective of raising global awareness of the importance […] Read more
5 Upcoming Trends that will dominate the power sector in the new fiscal Updated On Mon, Apr 25th, 2022 by Saurenergy The world faced numerous challenges in the last fiscal due to pandemic and consequent lockdown. Almost every sector felt the heat but they also indicated the signs of recovery; they are on the path of continuous rise. The new financial year stimulates hopes and aspirations across the sectors to reach the expected targets. The power […] Read more
Sungrow 2021 Results Deliver Strong Growth, Claims 30% Market Share Updated On Mon, Apr 25th, 2022 by Saurenergy Leading Inverter and energy storage solution provider major Sungrow has released its annual report 2021, reporting a strong revenue increase and growth across both its renewable and storage businesses. Financials in 2021 The revenue increased by 25.15% to $3.74 billion (2020: $2.956 billion). The net income attributable to shareholders of a listed company came to […] Read more
Chandigarh jail goes green with 350 kWp rooftop solar plant Updated On Mon, Apr 25th, 2022 by Saurenergy To commemorate World Earth Day, the current year’s theme being “Invest in our Planet”, another green energy initiative has been undertaken by the department of science and technology and renewable energy, Chandigarh. A 350 kWp Rooftop SPV Power Plant at Model Jail Complex, Sector 51, Chandigarh was inaugurated by UT adviser Dharam Pal in the […] Read more
Sustainable funds see Rs 315 cr outflow in FY21-22 Updated On Mon, Apr 25th, 2022 by Saurenergy Investors are yet to warm up to the concept of sustainable investing with sustainable or ESG (environmental, social, and governance) funds in India witnessing outflows of Rs 315 crore in 2021-22. This comes following a staggering inflow of Rs 4,884 crore in FY 2020-21. Prior to that, sustainable funds saw an infusion of over Rs […] Read more
Torrent Power Secures 50 MW Solar Power Plant from SkyPower Updated On Mon, Apr 25th, 2022 by Saurenergy Leading Ahmedabad based power player Torrent Power Limited has said that the company has acquired a 50 MW Solar Power Project from SkyPower Group. Torrent informed that the enterprise value for this acquisition is somewhere about Rs 417 crore subject to closing price adjustments, in case there are any and the acquisition is further subject […] Read more
Power Minister Calls for International Credit Guarantee and RE Bank for RE Development Updated On Mon, Apr 25th, 2022 by Saurenergy While addressing the round table conference at the International Solar Alliance (ISA) in Gurgaon, Union Minister for Power and New and Renewable Energy, R.K Singh said that the world now requires setting up of an international credit guarantee fund and a renewable energy bank that will help the world with renewable energy projects’ development. The […] Read more
