100 GW Renewable Energy Milestone Achieved, Much Work Ahead In India Updated On Fri, Aug 13th, 2021 by Saurenergy In self-congratulatory messages sent out yesterday, Power Minister R.K. Singh highlighted the key milestone of 100 GW of renewable energy capacity, excluding large Hydro, that has been reached in India. After including large Hydro, the number goes right up to 146 GW. According to India’s power ministry, India now stands at fourth position after China, […] Read more
Borosil Renewables Q1 Results. Some Speed Bumps, But A Long Clear Road Ahead Updated On Thu, Aug 12th, 2021 by Saurenergy Continuing its smart turnaround on the back of high solar glass prices, Mumbai-based solar glass manufacturer Borosil Renewables has reported a net profit of Rs 39.62 crore in Q1 FY22 as against a net loss of Rs 1.87 crore in Q1 FY21. The stunning results follow from a 151.8% YoY increase in net sales to […] Read more
Ather Energy Offers its Patented Fast-charging Tech to Rival EV Makers Updated On Wed, Aug 11th, 2021 by Saurenergy Bengaluru-headquartered EV manufacturer Ather Energy will soon offer its proprietary charging connector to other original equipment manufacturers (OEMs) for their two-wheelers, aiming to pave the way for an interoperable two-wheeler fast charging platform for the country. This would not only reduce range anxiety by allowing all scooters to access Ather Energy’s 200+ fast chargers, but also […] Read more
Joe Biden Sets About Correcting Trump Largesse For ICE Auto Firms Updated On Tue, Aug 10th, 2021 by Saurenergy US President Joe Biden’s recent order aimed at making half of all new vehicles sold in the US in 2030 electric is expected to make a dent in the country’s consumption and emission levels, even though it’s a non-binding deal with the country’s biggest automakers. The administration has also proposed new vehicle emissions standards that […] Read more
Asia Pacific Offshore Wind Market To Be Worth $56.8 B by 2026: Report Updated On Tue, Aug 10th, 2021 by Saurenergy The global offshore wind market is expected to grow from an estimated USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. During this time, the Asia Pacific region is expected to dominate the market. Offshore wind turbines are increasingly being installed and is showing […] Read more
Global Distributed Generation (DG) Market to Reach $168.3 Billion by 2024 Updated On Mon, Aug 9th, 2021 by Saurenergy Market research company Global Industry Analysts Inc., (GIA) has released a report where it projects the size of the global distributed generation market, in a post covid scenario. Distributed generation refers to small-to-medium scale modular power generation plants that are embedded into the distribution network at a point closer to the site of consumption than […] Read more
Iron-based Batteries’ Future Looks Bright As Tesla Weighs In Updated On Fri, Aug 6th, 2021 by Saurenergy Of late, leading executives in the automotive sector have been indicating a reversion to older, cheaper lithium-iron-phosphate (LFP) batteries in their products. Tesla CEO Elon Musk has recently spoken of such a shift in the company’s energy storage devices and some entry-level EVs. Additionally, Ford CEO Jim Farley has said the company would use LFP batteries […] Read more
Govt. Confirms Solar Imports Down To $571 million in 2020-21 Updated On Fri, Aug 6th, 2021 by Saurenergy Yesterday, the Union Power and New and Renewable Energy Minister Raj Kumar Singh while addressing the Lok Sabha announced that India’s solar cells and modules imports fell to $571.65 million in the last financial year (FY20-21) from $2.16 billion and $1.68 billion in FY18-19 and FY19-20, respectively. Till July end, India had imposed tariff and […] Read more
First Solar Signs Up For Make in India With 3.3 GW Manufacturing facility in India Updated On Fri, Jul 30th, 2021 by Saurenergy First Solar, Inc. (Nasdaq: FSLR) today announced that it intends to invest $684 million in a new, fully vertically-integrated photovoltaic (PV) thin film solar module manufacturing facility in India. Contingent upon permitting, and pending approval of Indian government incentives that are satisfactory to First Solar, the advanced facility is expected to commence operations in the second […] Read more
