Energy Sector Yet to Realise the Full Potential of Intelligent Automation Updated On Fri, May 31st, 2019 by Saurenergy The global energy and utilities sector is making increasing use of intelligent automation, including a significant rise in the use of Artificial Intelligence (AI) since 2017, but executives are underestimating its full potential with large scale projects taking a back seat, according to new research from the Capgemini Research Institute. The report highlights that the […] Read more
Ather Energy Raises $51 Million in Latest Round of Funding Updated On Thu, May 30th, 2019 by Saurenergy Bengaluru-based e-mobility startup, Ather Energy recently announced that it has raised an investment of $51 Mn in its latest round of funding, led by Sachin Bansal’s investment of $32 Mn. Ather Energy was one of the earliest start-up funding of Sachin Bansal when he invested $0.5 Mn in the firm as an Angel investor in […] Read more
Finolex Cables Posts Profit Jump in Q4 Updated On Thu, May 30th, 2019 by Saurenergy Finolex Cables Ltd., (FCL) recently released its results for the fourth quarter as well as the full year of 2018-19. Revenues for the quarter ended March 2019 were Rs.8216.9 million as against Rs.7992.0 million for the corresponding period in the year 2017-18 representing a 3% growth in value terms. In volume terms, all Electrical Wires […] Read more
Punjab Commission Hikes Average Tariff by 2.14% Across Categories Updated On Tue, May 28th, 2019 by Saurenergy Punjab has announced an average tariff hike of 2.14 percent across categories for 2019-20. The State Electricity Regulatory Commission of Punjab has announced the hike in average tariff by 2.14 percent across categories for 2019-20. Besides, the state power regulator also raised the fixed charge for the domestic category of consumers by Rs 10 per […] Read more
Global Single-Phase Inverter Market Records 11.2% Increase in 2018: Report Updated On Tue, May 28th, 2019 by Saurenergy According to a new report, global shipments of single-phase inverter increased by 11.2 percent in 2018. Boosted by a strong residential PV demand. IHS Markit released its annual PV inverter market report in early May. According to the report, the world grid-connected PV inverter shipments remained almost flat in 2018. However, while the world grid-connected […] Read more
Flexible Lithium Textile Battery Could be a Breakthrough in Wearable Tech Updated On Mon, May 27th, 2019 by Saurenergy The lightweight Textile Lithium Battery offers high energy density and excellent flexibility. A group of scientists at the Hong Kong Polytechnic University has developed a thin, highly flexible textile lithium battery that could safely power wearable electronics used in healthcare monitoring, smart clothes and Internet of Things (IoT). The battery, which is less than 0.5 mm […] Read more
Siemens Gamesa Bags 232 MW Order From EDF Renewables Updated On Thu, May 23rd, 2019 by Saurenergy The project order also marks the 1 GW mark for the company’s SG 4.5-145 turbines sales worldwide. Siemens Gamesa Renewable Energy has been award an order by EDF Renewables to supply 30 SG 4.5-145 and 36 SG 2.7-129 wind turbines for the 232 MW Milligan wind project, located in Milligan County, Nebraska. “EDF Renewables is […] Read more
Interview with Sebastian Groh, Managing Director and Founder, SOLshare Updated On Wed, May 22nd, 2019 by Saurenergy Solshare’s Innovative Solution for Energy Access Through Nano Grids A Bangladesh based firm that has made it to the Global Cleantech 100 in 2018. That’s SOLshare, the nano grid firm. The company was formed in 2013, when Dr Sebastian Groh pitched the idea of SOLshare as one of the early outcomes of his PhD thesis […] Read more
Missing The Sunshine – Mini Grids in India Updated On Tue, May 21st, 2019 by Saurenergy Even as the solar story develops in India, there is a part of the sector that has quietly been working and making an impact in its own way. Yes, Mini Grids and even micro grids, in the limited opportunities they have had in the country, have made a strong case for themselves. Serving areas that […] Read more