Waaree Energies Receives NCLT’s Nod For Acquisition of Indosolar Ltd. Updated On Fri, May 27th, 2022 by Saurenergy Waaree Energies Limited, a leading solar PV module manufacturer in India, has received formal approval from the National Company Law Tribunal, Delhi Bench (NCLT) on 21st April 2022 for the resolution plan submitted by it towards the acquisition of Indosolar Limited, a manufacturer of solar cells, under the corporate insolvency resolution process (CIRP) initiated by the lenders […] Read more
TotalEnergies takes 50% stake in Clearway Updated On Fri, May 27th, 2022 by Saurenergy Leading french energy player, TotalEnergies, has announced that it is acquiring a 50% stake in Clearway Energy Group (CEG) which is the 5th largest US renewable energy player. The deal is being done in association with Global Infrastructure Partners (GIP). This is the third largest acquisition in renewable energy in America which itself is one […] Read more
SolarEdge Opens 2GWh New Battery Cell Facility in South Korea Updated On Fri, May 27th, 2022 by Saurenergy SolarEdge Technologies, Inc. (“SolarEdge”), the Israel-based inverter major and SolarEdge’s subsidiary, Kokam Limited Company, a provider of lithium-ion batteries and integrated energy storage solutions, have announced the opening of “Sella 2”, a two gigawatt-hour (GWh) battery cell manufacturing facility. Located in the Eumseong Innovation City of Chungbuk, South Korea, Sella 2 is currently producing test […] Read more
UAE Leads In RE Expansion In Past Decade Worldwide Updated On Thu, May 26th, 2022 by Saurenergy The Green Fuel Index report released by ‘Compare the Market’ – an Australia-based aggregator has revealed that the United Arab Emirates (UAE) has had the largest increase of renewable energy capacity in the world in the past decade. The report has said that UAE’s renewable energy capacity swelled from a mere 13 MW in 2011 […] Read more
EV Sales Touch New World Record But Raw Materials Could Be Spoiler Updated On Tue, May 24th, 2022 by Saurenergy The sale of electric vehicles (EV) across the world more than doubled this year against 6.6 million last year, accounting for one in 10 new cars sold, according to the International Energy Agency‘s annual report published on May 23. However, the report mentioned that the grey areas like price and supply of critical minerals could […] Read more
Tesla Nears Setting-up Electric Vehicle & Battery Factory in Indonesia Updated On Tue, May 24th, 2022 by Saurenergy Leading EV seller Tesla is close to inking a pact that will allow the US-based company to set up an electric vehicle factory in Indonesia. The facility may come up in Central Java’s Industrial complex and it may also host manufacturing of EV batteries. As per reports, the construction could start by the end of […] Read more
LML to enter EV segment; Plans 3 electric two-wheelers through Rs 350 cr investments Updated On Tue, May 24th, 2022 by Saurenergy Lohia Motors Ltd or what is popularly known as ‘LML’ has said that its planning to enter the electric vehicles segment by rolling out three electric two wheelers and will invest Rs 350 crore for the same, including a manufacturing facility. LML, or at least its old version, shut down in 2018, after a series […] Read more
Mahindra Will Seek Partnerships To Source EV Components Updated On Tue, May 24th, 2022 by Saurenergy Anish Shah, Chief Executive Officer of Mahindra and Mahindra, has said that the company has planned to source components from other players in order to give fillip to its electric vehicle portfolio. A week ago, Mahindra and Mahindra had announced its strategic collaboration with Volkswagen where the latter was to equip the EVs of the […] Read more
High Power Bifacial Module Project Debuts At Excel Ceramics In Jamnagar, Powered by GoodWe Updated On Mon, May 23rd, 2022 by Saurenergy Jamnagar has got the first of what should be many upcoming Bifacial powered solar plants. Bifacials have had a slow start in India due to cost issues, are are widely becoming the preferred option in developed markets like Australia, the US and even China, especially in segments where productivity is valued at a premium. With […] Read more
