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
Guide To EV Chargers: Types of Charging & Their Pros and Cons Updated On Fri, Mar 10th, 2023 by Saurenergy Electric Vehicle (EV) started its impressive run a few years back and took the automobile industry by storm. About 10.5 million new BEVs and PHEVs were added during 2022 alone, an increase of about 55 per cent compared to 2021 (6.5 million). With the new mobility technology on roads came new “refuelling” technology as well […] Read more
Silfab Solar Raises $125 Million to Build Third US Cell Factory Updated On Thu, Mar 9th, 2023 by Saurenergy North American PV module manufacturer Silfab Solar has announced a second investment round led by ARC Financial Corporation to help fund the next expansion of Silfab Solar, whose third facility is to open in the United States of America. This will include domestic PV cell and module production. The $125 million investment from energy-focused private […] Read more
Power Ministry Prepares for Summer Peak; Coal and Gas to be Pivotal Updated On Thu, Mar 9th, 2023 by Saurenergy The Union Power Ministry has said that it has devised a multi-pronged strategy to ensure adequate availability of power during the upcoming summer months. Power and MNRE Minister RK Singh chaired a review meeting with senior officers from power sector, coal and railways to discuss aspects to meet the high electricity demand in the upcoming […] 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
ISA & UNDP Launch Pilot Projects on Scaling Solar Applications Updated On Fri, Mar 3rd, 2023 by Saurenergy International Solar Alliance and United Nations Development Programme (UNDP) have announced the launch of pilot projects on Scaling Solar Applications for Agriculture Use (SSAAU), in ten African ISA member countries: Benin, Democratic Republic of Congo, Mali, Niger, Republic of Sudan, Senegal, South Sudan, Togo, Tuvalu, and Uganda. The programme is set to be implemented over […] Read more
IIT-Madras & Denmark Firm Sign Pact for Renewable Energy Updated On Fri, Mar 3rd, 2023 by Saurenergy The Indian Institute of Technology-Madras (IIT-Madras) has signed a pact with Denmark to conduct research projects on next-generation fuels and energy systems under the ‘Indo-Danish Green Strategic Partnership’. The pact was signed in the presence of Danish Crown Prince Frederik Andre Henrik Christian, Denmark Minister for Climate, Energy and Utilities Lars Aagaard, and Tamil Nadu […] Read more
Global Investor BlueOrchard to Invest in Indian Renewable Energy Firm U-Solar Updated On Tue, Feb 28th, 2023 by Saurenergy An infrastructure fund managed by Zurich-based BlueOrchard Finance Ltd is investing in Indian renewable energy platform U-Solar to support the growth of its commercial and industrial (C&I) rooftop solar portfolio. BlueOrchard is a leading global impact investment manager and member of the Schroders Group. U-Solar, headquartered in Bengaluru, is present in the entire solar PV […] Read more
Bangladesh, ISA Agreement For Enhanced Solar Energy Use Updated On Sun, Feb 26th, 2023 by Saurenergy The Bangladesh Government has announced the signing of an agreement with the International Solar Alliance (ISA) to increase the use of solar energy in the country. The agreement was signed between the ISA Director General Ajay Mathur and the Bangladesh Power Division Secretary Md. Habibur Rahman. The agreement is expected to be implemented by December […] Read more
