Chinese Battery Giant CATL Announces 2022 Results, Almost Doubles Profit Updated On Mon, Mar 13th, 2023 by Saurenergy Chinese battery giant Contemporary Amperex Technology Limited (CATL) has announced its financial results and said that it almost doubled its net profit in 2022 due to the booming electric vehicle market at home. CATL said that its net profit increased by 93 per cent to $4.4 billion in 2022 year on year. The company disclosure […] Read more
High Priced Power Portal Launched Formally To Tackle Summer Peaks Updated On Fri, Mar 10th, 2023 by Saurenergy As reported earlier by SaurEnergy, the formal start of the high priced power regime has been started to combat the summer peaks in power supply. For the record, India’s February power demand was an all time high. Launching the High Price Day Ahead Market and Surplus Power Portal (PUShP) – an initiative to ensure greater […] Read more
Utility Scale Solar Takes Biggest Hit in 2022 In US as 20.2 GW Fresh Capacity Added Updated On Fri, Mar 10th, 2023 by Saurenergy A report from the developer led industry body Solar Energy Industries Association and WoodMac says that the United States added 20.2 gigawatts (GW) of new solar capacity in 2022, a 16% decrease from 2021. This was due in large part to an investigation into new anti-circumvention tariffs by the U.S. Department of Commerce, as well […] Read more
“There is no scheme for ore-refining, converting them into cathode materials” Rajat Verma, CEO & Founder, Lohum Updated On Wed, Mar 1st, 2023 by Saurenergy Powering next-gen li-ion battery mobility and energy solutions, making second lives for batteries a reality through reuse technology, and lithium ion battery recycling, Lohum is proving to be a gamechanger in the battery recycling and repurposing space. Rajat Verma, CEO & Founder, Lohum, offers insights into the battery recycling industry, providing an overview into the […] Read more
Available Power, Linxon Unveil Strategic Partnership for Over 1 GW BESS Development Updated On Wed, Mar 1st, 2023 by Saurenergy Battery storage developer Available Power and Linxon have partnered to scale the North American energy storage market as Linxon has already secured access to the necessary equipment supply to deliver on the first tranche of Available Power’s 1,000+ MW (over 1 GW) front-of-meter project pipeline in Texas’s ERCOT market territory. Linxon is a joint venture […] Read more
Engineer Power Conversion Controls Electrification Updated On Mon, Feb 27th, 2023 by Saurenergy To direct and participate in the concept and design of controls systems for electrification and advanced power solutions and in a manner to ensure products provide superior performance, durability, quality, serviceability at the most affordable cost. Controls Engineer with experience developing and testing control software that interfaces closely with Invertors, Converters and Chargers. The role […] Read more
X-ELIO Sets up its First Utility Scale 60 MWh BESS Project in Texas, US Updated On Fri, Feb 24th, 2023 by Saurenergy X-ELIO, that delves into the development, construction, financing and operation of renewable and sustainable energy projects, has added a BESS (battery energy storage system) project of 60 MW capacity, which has been set up in the Liberty County of Texas in the USA. This is a major project for X-ELIO, given that this is the […] Read more
APDCL (Assam) Issues Tender for Procurement of 200 MW Solar Power Project under BOO Updated On Thu, Feb 23rd, 2023 by Saurenergy Assam Power Distribution Company Limited has issued a tender for the procurement of 200 MW solar power from grid-connected solar PV project to be developed anywhere in Assam under BOO Build-Own-Operate) mode. The pre-bid meeting is scheduled for 28.02.2023 at 14:00 Hrs. The bid submission start date is 28.02.2023 at 14:00 Hrs. The bid submission […] Read more
AES Aims to Develop Hybrid RE Project in Chile with 3,100 MWh BESS Updated On Wed, Feb 22nd, 2023 by Saurenergy AES Chile, a producer and distributor of electricity and a subsidiary of US-based AES Corporation, is moving ahead with its plan to develop a hybrid renewable energy project that will also harbour a battery based energy storage system (BESS) with a capacity of 3,100 MWh. In a key development, AES Chile has submitted the EIA […] Read more
