Gautam Solar Supplies 60 MW Of Solar Panels For PM-KUSUM Yojana Updated On Thu, Feb 15th, 2024 by Saurenergy Solar Panel manufacturer Gautam Solar has announced that it has delivered 60 MW solar panel modules under the PM Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) Yojana. The company said that it has delivered these high-efficiency solar panels and that they are indigenously made. Gautam Solar’s 10BB Mono PERC Solar Panels embed larger […] Read more
Siemens Energy Invests $150 Mn To Address Shortage Of Transformers Updated On Thu, Feb 15th, 2024 by Saurenergy Siemens Energy plans to invest $150 million to expand operations in Charlotte, North Carolina, creating almost 600 local jobs. It said, “Today, only 20% of US large power transformer demand is met by domestic supply with lead times of up to five years. Power transformers provide the link between generation and distribution and are a […] Read more
Fluence Energy Reports Record $1.1 Billion Quarterly Order Intake Updated On Thu, Feb 15th, 2024 by Saurenergy Energy provider and storage products company Fluence Energy, which also deals with services as well as digital applications for renewables and storage, announced its results for the three months ending December 31, 2023. The firm recorded a quarterly revenue of approximately $364.0 million, which represents an increase of 17% from the same quarter last year. […] Read more
In 2023 China EV Witnessed 35% Rise YoY: Rystad Updated On Mon, Feb 12th, 2024 by Saurenergy Rystad, an energy research and business intelligence company recently shared insights on the ongoing trend in the electric vehicle (EV) market in 2024. According to the Rystad report, “The electric vehicle (EV) market is on track in 2024 as emissions reduction targets clash with falling consumer spending amid enduring economic uncertainty.” Rystad Energy research forecasts, […] Read more
India Exports Solar Modules To 120 Countries, US Biggest Destination Updated On Fri, Feb 9th, 2024 by Saurenergy With a boost in domestic solar module manufacturing capacities, India’s exports to other countries are expanding. Union Minister for New and Renewable Energy RK Singh recently shared the data on exports and imports of solar cells and solar modules from India. The data was shared before the Parliament as a written response from the minister […] Read more
GFCL EV Plans To Invest Rs 6000cr In Next Years In EV, Energy Storage Updated On Wed, Feb 7th, 2024 by Saurenergy Gujarat Fluorochemicals (GFCL) EV Products Ltd, a subsidiary of Gujarat Fluorochemicals Ltd. (GFL), recently announced an investment of INR 6000 Crores (out of which approx. Rs 650 Cr is already invested till 31.12.2023) over the next 4- 5 years. This investment is to enable a supply of approx. 200 GWh/annually of electric vehicle (EV) and […] Read more
Gensol Engineering Raises Rs 900cr Equity Through Preferential Round Updated On Wed, Feb 7th, 2024 by Saurenergy Gensol Engineering Limited, a renewable energy and electric mobility pioneer, today raised a significant Rs 900 crore (Rs 9 billion) equity capital through warrants convertible into equity shares on a preferential basis. This major milestone comes at a juncture when Gensol is on a growth trajectory and is leading the green energy and clean mobility […] Read more
Citizen Solar In Tie-up With Jinchen To Expand Module Capacity to 1.2GWp Updated On Fri, Feb 2nd, 2024 by Saurenergy Gujarat based Citizen Solar has signed an MoU with Chinese solar equipment manufacturer Jinchen Corp to expand its solar module manufacturing capacity to 1.2 GWp in a phased manner. Citizen solar is an approved manufacturer that is already on MNRE’s Approved List of Module Manufacturers (ALMM) list on date. It’s approved manufacturing capacity in ALMM […] Read more
China To Hold 80% Wind Deployment In Asia-Pacific In Five Years: Report Updated On Fri, Feb 2nd, 2024 by Saurenergy A recent report by Wood Mackenzie on the renewable energy growth in Asia Pacific market stated, “Despite short-term hurdles such as cost inflation, construction delays and higher interest rates, the economics of offshore wind are improving strongly in the late 2020s. It’s supporting a strong future for the technology in Asia Pacific markets.” The Wood […] Read more
