Chinese Battery Giant CATL Announces 2022 Results, Almost Doubles Profit Updated On Mon, Mar 13th, 2023 by Saurenergy Chinese battery giant Contemporary Amperex Technology Limited (CATL) has announced its financial results and said that it almost doubled its net profit in 2022 due to the booming electric vehicle market at home. CATL said that its net profit increased by 93 per cent to $4.4 billion in 2022 year on year. The company disclosure […] Read more
Tata Power Renewable Energy Joins Hands with Tata Power DDL for 510 MW Hybrid Project Updated On Fri, Mar 10th, 2023 by Saurenergy A subsidiary of Tata Power and a major renewable energy player in the country, Tata Power Renewable Energy Limited (TPREL) has entered into a Power Purchase Agreement (PPA) with Tata Power Delhi Distribution Limited (Tata Power-DDL). The PPA is for a 510 MW hybrid project. Tata Power-DDL, a joint venture between Tata Power and Govt. […] Read more
Utility Scale Solar Takes Biggest Hit in 2022 In US as 20.2 GW Fresh Capacity Added Updated On Fri, Mar 10th, 2023 by Saurenergy A report from the developer led industry body Solar Energy Industries Association and WoodMac says that the United States added 20.2 gigawatts (GW) of new solar capacity in 2022, a 16% decrease from 2021. This was due in large part to an investigation into new anti-circumvention tariffs by the U.S. Department of Commerce, as well […] Read more
Plug Power to Design 100 MW Electrolyzer Technology for Uniper Updated On Thu, Mar 9th, 2023 by Saurenergy Germany’s power producer, Uniper has selected Plug Power, a provider of hydrogen solutions for the global green hydrogen economy, to design electrolyzer technology for its Maasvlakte site at the Port of Rotterdam in the Netherlands. As per the deal, Uniper will commission 100 MW of Plug electrolysis capacity to produce green hydrogen by 2026. Towards […] Read more
Startup on Smart Grid Applications Probus Smart Things Raises $3 Mn Updated On Thu, Mar 9th, 2023 by Saurenergy Probus Smart Things, a startup on IoT communications and data analytics focused on smart grid applications has raised $3 million. Unicorn India Ventures and Family Office from the US lent support to the startup to raise this amount. The round also saw participation from existing investors. Unicorn India Ventures is a Mumbai-based early stage fund […] Read more
Jindal Stainless Plans 27 MW Rooftop Solar at its Facilities Updated On Tue, Mar 7th, 2023 by Saurenergy Steel giant Jindal Stainless has announced that it will install solar power panels of over 27 MW at its facilities to further the cause of decarbonisation of its industrial processes. Jindal said that its two rooftop solar plants will be: 21 MWp capacity at Jajpur unit (Odisha) and 6 MWp capacity at Hisar unit (Haryana). […] Read more
EZ4EV Transforms to Ezurja Adding Energy Management to Portfolio Updated On Tue, Mar 7th, 2023 by Saurenergy Electric Vehicle infra systems and charging devices player Ez4EV has transformed itself to EzUrja by enlarging its vision in the growing market of energy customers. With the advent of the electric vehicle development globally, EzUrja looks upon product innovations and effectively maintainable delivery systems. EzUrja is into localized manufacturing and post sales services for stabilizing […] Read more
BHEL Issues Tender for Construction of Fencing Works for 100 MW Plus 100 MW SPV Power Plant Updated On Tue, Mar 7th, 2023 by Saurenergy Bharat Heavy Electricals Limited (BHEL) has issued a tender for the construction of chain link fencing works, gates and other miscellaneous works for 100 MW plus 100 MW SPV power plant for GSECL at Raghanesda ph- 1 and 2, Gujarat. The location for the project is Banaskantha at Gujarat. The last date for submission of […] Read more
As Inverters Become ‘Smart’ Customers Follow Suit Updated On Mon, Mar 6th, 2023 by Saurenergy Solar inverters, with a share of 3-7% of project cost typically, have always played a far more critical role than the share of costs would imply. As the ‘brains’ behind the plant, the role of the inverter in converting power generated with the highest possible efficiency, in the safest way possible, has been critical for […] Read more
