India Ratings Downgrades SWREL to Default Grade Updated On Wed, Oct 11th, 2023 by Saurenergy In a move that is likely to shock, if not surprise quite a few in the industry, India Ratings and Research (Ind-Ra) has downgraded Sterling and Wilson Renewable Energy Limited’s (SWREL) bank facilities’ ratings to ‘IND D’ from ‘IND BB-’ while resolving the Rating Watch with Negative Implications. According to India Ratings, the key […] Read more
Germany’s 1Komma5° To Set Up 5 GW TOPCon Plant Updated On Tue, Oct 10th, 2023 by Saurenergy Hamburg-based energy startup 1Komma5°, which prides itself on making modules using Made in Germany polysilicon, has announced plans for a 5 GW tunnel oxide passivated contact (TOPCon) module assembly plant in Germany.\ Founded in 2021, 1Komma5° successfully rolled out the first of its modules at the end of 2022. For its software application, 1Komma5° secured […] Read more
Shakti Pumps Bags First Solar Pump Order Under PM-KUSUM’s Component C Updated On Mon, Oct 9th, 2023 by Saurenergy Shakti Pumps, one of the largest Indian solar pumping companies and a prominent player in the renewable energy sector, has announced the receipt of its inaugural commercial order under the PM-KUSUM scheme Component-C from Ajmer Vidyut Vitran Nigam Limited for the total worth of INR 149.71 Crs. The win is a significant milestone as the […] Read more
Trendspotting at REI 2023 Updated On Mon, Oct 9th, 2023 by Saurenergy The much-awaited three-day Renewable Energy Expo held in October, as always, saw participation from all the major players in the Indian renewable energy sector. SaurEnergy’s roving team of reporters and colleagues fanned out to spot the big trends this year, and we have arrived at the following broad conclusions- Lower Presence of Foreign Firms Year […] Read more
ToD Tariff Mechanism: A Tool To Lower Electricity Bills While Managing Demand Updated On Fri, Oct 6th, 2023 by Saurenergy In a revision to Electricity (Rights of consumers) Rules, 2020, the Government introduced two changes to the electricity tariff system in June 2023. These changes are introduction of Time of Day (ToD) Tariff, and rationalization of smart metering provisions. As per the tariff system introduced, tariff during high-solar hours of the day should be 10%-20% […] Read more
ICE VS BEV: Which Contributes Higher Carbon Emissions Across Their Lifetime? Updated On Wed, Oct 4th, 2023 by Saurenergy Rystad, an energy research based organisation, has shared a report declaring batteries in electric vehicles (BEV), as a clear winner in reducing emissions in the transportation sector. The report says that despite incurring higher emissions in the manufacturing process of electric vehicles and an enduring reliance on fossil fuel power generation in many countries, the […] Read more
REI 2023-5 things to Watch Out For This Year Updated On Tue, Oct 3rd, 2023 by Saurenergy This year’s Renewable Energy Expo at Greater Noida starts tomorrow, October 4, and as always, anticipation is high this year too. The Expo will be the 16th edition this year, and the teens promise to be its most active years yet. With over 200 exhibitors listed on the site, besides the concurrent The Battery Show […] Read more
Canada’s Brookfield Asset Management Adds $845 Mn for JV with Axis Energy Updated On Fri, Sep 29th, 2023 by Saurenergy Canadian investor in renewable energy, Brookfield Asset Management has announced a second joint venture with Telangana-headquartered clean energy firm, Axis Energy Ventures. Brookfield Asset Management will invest worth $845 million in solar and wind energy projects of the Indian firm. The investment is being made from the Brookfield Global Transition Fund II to accelerate countrywide […] Read more
LOHUM Provides Nepal Indian Alternative to China by Supplying 25,000 MT EV Battery Materials Updated On Thu, Sep 21st, 2023 by Saurenergy LOHUM, a producer of sustainable energy transition and battery materials through integrated recycling, repurposing, and refining, is partnering with Nepal’s EV ecosystem partners that are selling MG, Stellantis, and Tata EVs. The diverse pool of EV sector partners will also eventually include Volkswagen, Suzuki, Renault, and Mahindra EVs enter recycling, among others. The partnership will […] Read more
