PFC Approves Rs 633 Cr Loan for Deployment of 5000 EV Cabs, 1000 EV Cargo Vehicles Updated On Fri, Apr 21st, 2023 by Saurenergy CPSU under the Ministry of Power, Power Finance Corporation (PFC) has given a loan sanction worth Rs 633 crore to Gensol Engineering Ltd. This loan will facilitate the purchase of 5,000 passenger electric vehicles and 1,000 cargo EVs. Gensol Engineering delves into the commissioning of solar projects in India and abroad and is a maker […] Read more
BorgWarner Increases South Carolina Battery Production by 3GWh Updated On Thu, Apr 20th, 2023 by Saurenergy America’s one of the leading automotive supplier BorgWarner has announced that will be investing $42 million into the expansion of its Seneca, South Carolina production facility. The investment will be allocated to building and equipment upgrades as well as the development of new manufacturing lines to launch the production of 3GWh of annual battery module […] Read more
Saurabh Mashruwala Steps Into the Role of CFO at Torrent Power Updated On Mon, Apr 17th, 2023 by Saurenergy Torrent Power, which delves into power generation, transmission, distribution and manufacturing and supply of power cables, has onboarded Saurabh Mashruwala as the Chief Financial Officer (CFO). The appointment follows the resignation of Lalit Malik, who attributed health reasons to it. “Accepted the resignation tendered by Lalit Malik from the position of CFO and Whole Time […] Read more
Microwaves Can Advance Solar Cell Production, Recycling: Macquarie University Updated On Fri, Apr 14th, 2023 by Saurenergy A microwave technology invented at Australia’s Macquarie University has proved that solar cell recycling can be made easier and so do manufacturing of new solar cells. During the fabrication of solar panels, silicon goes through several high-temperature processes known as annealing. Currently the cells are cooked in an oven. A paper now published in the […] Read more
Solutions Engineer (Electrical Design Engineer) Updated On Thu, Apr 13th, 2023 by Saurenergy Responsibilities:- Cooperate and communicate effectively with project manager and other project participants to provide assistance and technical support. Maintain project schedule by monitoring project progress, coordinating activities, and resolving problems. Prepare, schedule, coordinate and monitor the assigned engineering projects. Monitor compliance to applicable codes, practices, QA/QC policies, performance standards and specifications. Interact daily with the […] Read more
Siemens Gamesa To Supply Turbines For 166-MW Wind Farm In Andhra Updated On Wed, Apr 12th, 2023 by Saurenergy As India looks hawkish on the renewable energy expansion to achieve its 2030 target, Siemens Gamesa has announced to have signed a deal with AM Green Energy Private Limited (AMGEPL) where it will supply 46 wind turbines for a capacity of 166 MW of wind project about to come up in the state of Andhra […] Read more
RBI Releases Guidelines To Banks For Acceptance Of Green Deposits Updated On Wed, Apr 12th, 2023 by Saurenergy The Reserve Bank of India (RBI) has issued a dedicated set of guidelines to the Indian banks and Non-Banking Financial Institutions (NBFCs) for accepting green deposits effective June 1, 2023. The move will likely boost the country’s financing of renewable energy projects. As per the mandate of the RBI, the financial institutions will extend the […] Read more
Arctech Gets 1.5 GW Solar Tracker Supply Order for Biggest Solar Plant of Middle East Updated On Wed, Apr 12th, 2023 by Saurenergy Solar tracking, racking, and BIPV provider Arctech has announced that it is poised to provide 1.5 GW SkyLine II solar tracking solution for ASB project in Saudi Arabia, marking the company’s first solar tracking and racking project in the country. Arctech informs that located in the Al Shubakh district, Jeddah City, Mecca, Saudi Arabia, the […] Read more
Green Steel is Getting Greenlighted Around the World Updated On Tue, Apr 11th, 2023 by Saurenergy The steel industry is heavily reliant on fossil fuels. Thus, it goes without saying that it is among the highest carbon emitting industries in the world. This year, however, has begun on a good note with respect to several initiatives aimed at the greening of the industry. Here are some defining moments in the greening […] Read more