Solar Manufacturer Premier Energies Raises INR 200 crore Private Equity Updated On Fri, Sep 24th, 2021 by Saurenergy Premier Energies, a leading Solar PV Cells & Module manufacturing company, today announced a Private Equity investment of Rs 200 crores in the company by GEF Capital Partners, a global private equity manager focused on investing in climate solutions. Premier Energies will use the funds as growth capital to enhance its solar PV cell and […] Read more
Heard at REI 2021- 5 Takeaways From The Expo Updated On Mon, Sep 20th, 2021 by Saurenergy At the recently concluded REI 2021, it was an impressive show of strength for the sector, despite the usual hits and misses one would expect in a year like this. So while the Chinese presence was on the lower side, especially Chinese senior management from the top firms like Longi Solar, Jinko, Huawei etc, the […] Read more
Toyota Plans $13.5 B Investment in EV Battery Tech by Decade End Updated On Wed, Sep 8th, 2021 by Saurenergy Japanese auto major Toyota Motor is planning to spend over $13.5 billion by 2030 to develop batteries and its battery supply system, aiming to head technological developments over the next decade, revealed an online briefing on batteries and carbon neutrality. The world’s largest automaker by volume, which pioneered hybrid gasoline-electric vehicles with the popular Prius, […] Read more
Chennai-Based Lucas TVS Plans 10 GWh Battery Gigafactory in Tamil Nadu Updated On Fri, Sep 3rd, 2021 by Saurenergy Lucas TVS, the Chennai-based auto components major that is part of the TVS group has signed an agreement with 24M’s advanced ‘SemiSolid’ electrode technology. 24M has built its reputation on the promise of a lithium-ion battery manufacturing process that is more modular, efficient and low cost. Spun out of MIT, it already has partnerships with […] Read more
Ready For High Tide At Jakson Group Updated On Mon, Aug 30th, 2021 by Saurenergy At the closely held Jakson Group, known until recently for its prowess in the diesel genset market rather than renewable energy, setbacks are usually taken in stride. The group has faced its share of challenges in a legacy almost as old as Independent India, thanks to its modest beginnings in 1947. The two big disruptions […] Read more
Tongwei Earns $462.3 Million Net Profit in H1 FY21 Updated On Thu, Aug 26th, 2021 by Saurenergy Chinese solar equipment manufacturer Tongwei saw an almost three-fold increase in its profits in the first half of 2021 as a result of prices rising throughout the solar value chain during this period. In H1 FY21, Tongwei’s operating revenue was RMB26.5 billion (US$4 billion), up nearly 42% year-on-year. Net profit nearly trebled to RMB3 billion […] Read more
Scientists Make Bifacial Solar Cell with Record Power Output at 29% Updated On Thu, Aug 19th, 2021 by Saurenergy A team of scientists at the Australian National University (ANU) have used laser processing to produce a record-breaking bifacial solar cell with a front conversion efficiency of 24.3% and a rear conversion efficiency of 23.4%, representing a bifacial factor of 96.3%. This performance represents an effective power output of approximately 29%, well exceeding the performance of the […] Read more
Czech Auto Major Skoda Runs Dealership on 2nd Life Lithium Ion Batteries Updated On Thu, Aug 12th, 2021 by Saurenergy Skoda, the Czech automobile manufacturer is powering its dealerships in Prague using power generated through second-life lithium-ion batteries from its PHEVs and BEV models. It has announced plans to install power hubs made from its own old electric vehicle (EV) batteries, across its retailer network around the country. This comes under a partnership of Skoda […] Read more
Solar PV inverters To Continue Under Self Certification Regime till Dec 31, 2021 Updated On Fri, Aug 6th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a notification allowing self certification of Solar Photovoltaic Inverters (SPV) from June 30, 2021, to December 31, 2021. The notification was issued on August 4. The notification does add the condition that the manufacturers doing so must have valid International Electrotechnical Commission certificates and test […] Read more
