India May Add 30 GW Of Renewable Capacities In 2024-25 Updated On Wed, Aug 14th, 2024 by Saurenergy India seems to be racing towards achieving a record-breaking renewable capacity addition number in 2024-25. The rise in pace of solar and wind energy installations in the first seven months of calendar year 2024 indicates every probability of record capacity additions. This will follow a strong show in 2023, when 18.5 GW of renewable energy […] Read more
Neuron Energy Secures Rs. 20 Cr In Series A Funding Updated On Tue, Aug 6th, 2024 by Saurenergy Neuron Energy today concluded its Series A funding round, raising Rs. 20 Crores from investors, including contributions from the Chona Family, a venture capital firm, and Capri Global Family Office, a Non-Banking Financial Company (NBFC). Neuron Energy is an electric vehicle (EV) battery manufacturer that offers various electric mobility solutions that span from lead-acid to […] Read more
Q1 Results: Nextracker Reports 50% Revenue Growth On YoY Updated On Fri, Aug 2nd, 2024 by Saurenergy Global solar tracker company Nextracker announced its financial results for Q1 of the fiscal year 2024-25. The company reported a 50% increase in revenues on a year-over-year (YoY) basis. For FY25, Nextracker provided its full-year outlook, in which it made a revenue between $2.8 billion and $2.9 billion. The company also gained a GAAP net […] Read more
Solar Jobs Is An Export Opportunity for India, And We Are Missing It Updated On Thu, Aug 1st, 2024 by Saurenergy By almost all accounts, Europe needs 1 million solar professionals for meeting its installation targets by 2025. It barely has 800,000 skilled workers, leading to not just a skills shortage but also rising costs of installations. Industry bodies ranging from Solar Power Europe, to SEIA in the US have all flagged manpower as a key […] Read more
Gov Extends E-Mobility Scheme With A Budget Of Rs 778cr Updated On Mon, Jul 29th, 2024 by Saurenergy In 2019, the Indian government approved the ‘Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)’ to promote electric mobility. Recently, the government extended the duration of the Electric Mobility Promotion Scheme (EMPS) 2024 by two months, now running until September 30, 2024. Additionally, the scheme’s outlay has been […] Read more
Heliene And Premier Energies Partner To Build US PV Cell Facility Updated On Mon, Jul 29th, 2024 by Saurenergy Canadian solar module manufacturing firm Heliene recently collaborated with Premier Energies to create a solar cell manufacturing facility in the US. Under the terms of a recently executed agreement, the new facility can produce an annual aggregate capacity of 1 GW NType cells to supply Heliene’s US cell requirement as well as Premier’s. With this […] Read more
BPCL, Servotech Tie up To Boost Electric Charging Infrastructure Updated On Thu, Jul 25th, 2024 by Saurenergy Electric Vehicle (EV) charger manufacturer company Servotech Power Systems Ltd has received an additional order of around 400 units of DC Fast EV Chargers from Bharat Petroleum Corporation Limited (BPCL) and other EV charger OEMs (Original Equipmemnt Manufacturers). The project valued at around Rs 20 crores will involve manufacturing, supplying, installing, and deploying these chargers […] Read more
Saudi Arabia To The Rescue For Chinese Renewable Majors Updated On Wed, Jul 24th, 2024 by Saurenergy Hit by domestic overcapacity and sanctions in the US and other key markets, China’s leading green energy firms are looking to the Middle East to fill the holes. As the world’s largest solar and wind market, with the manufacturing capacity to boot, Chinese firms have been well established as global suppliers across every major market, […] Read more
With New Import Duties On Solar Glass, Borosil Sees ‘Acche Din’ Ahead Updated On Wed, Jul 24th, 2024 by Saurenergy In October 2023, Greater Noida hosted Renewable Energy Expo (REI) which saw the conglomeration of several renewable industries under one roof. On one side of the show, Borosil Renewable, one of India’s leading solar glass manufacturers hosted its stall. It entertained several solar industry leaders and had a series of meetings. In an interview with […] Read more
