SolarEdge to Buy 75% Stake in Li-Ion Cells, Batteries Maker for $88 Mn Updated On Fri, Oct 12th, 2018 by Saurenergy As per the deal, the acquisition of approximately 75 percent outstanding equity shares of Kokam reflects an aggregate investment of approximately USD 88 million, including related transaction expenses. Israel-based SolarEdge Technologies has inked a definitive pact to acquire a major stake in Kokam, a provider of Lithium-ion cells, batteries and energy storage solutions. As […] Read more
$141 Bn Batteries Market to 2022; Hybrid & EVs Largest Driver: Report Updated On Thu, Oct 11th, 2018 by Saurenergy Hybrid and Electric Vehicles (HEVs) to be the largest driver of growth; Grid storage market expanding quickly from small base. The global demand for batteries is forecasted to grow 9.8 percent per year to USD 141 billion in 2022, as per the ResearchAndMarkets report “Global Batteries by Product and Market, 11th Edition”. Further, the growth will […] Read more
‘ISA’ Top Body for Welfare of Mankind in Future: PM Modi Updated On Wed, Oct 3rd, 2018 by Saurenergy While addressing, PM Modi also stressed upon the need to have efficient energy storage solutions for credibility of renewable energy. PM Modi inaugurated the first Assembly of the International Solar Alliance (ISA) at an event which also marked the inauguration of the second IORA Renewable Energy Ministerial Meeting, and the 2nd Global RE-Invest (Renewable Energy Investors’ […] Read more
PM inaugurates first assembly of the International Solar Alliance Updated On Tue, Oct 2nd, 2018 by Saurenergy The Prime Minister, Mr. Narendra Modi, today inaugurated the first Assembly of the International Solar Alliance at Vigyan Bhawan. The same event also marked the inauguration of the second IORA Renewable Energy Ministerial Meeting, and the 2nd Global RE-Invest (Renewable Energy Investors’ Meet and Expo). The Secretary General of the United Nations, Mr. Antonio Guterres, […] Read more
Solar Module Manufacturing Quality Management – A Huge Opportunity Updated On Wed, Sep 5th, 2018 by Saurenergy Manufacturing sector plays a vital role in the success of the industrial development of any country and also contributes significantly towards it’s economy. With market globalization, India’s manufacturing industries, including photovoltaic (PV) module manufacturing industry, has improved their competitiveness to face tougher challenges in the market. In today’s scenario, quality has become the key focus […] Read more
Rays Power Infra Enters Solar Retail Segment Updated On Thu, Aug 23rd, 2018 by Saurenergy Rays Power Infra plans to launch around 10 operational stores in the first year of its operations, and expand to over 70 stores by 2020 covering major cities in India. Delhi based solar engineering, procurement and construction (EPC) company, Rays power Infra has ventured into the retail sector of the solar market after being a […] Read more
SECI seeks Bids for Tender of 160 MW Solar-Wind Hybrid Power Plant in Andhra Pradesh Updated On Thu, Aug 16th, 2018 by Saurenergy The tender includes design, engineering, supply, construction, erection, testing & commissioning including 10 years plant O&M under International competitive bidding. Under the ‘Innovation in Solar Power and Hybrid Technologies Project’, Solar Energy Corporation of India (SECI) has floated tender for 160 MW of solar-wind hybrid power plant with Battery Energy Storage System (BESS) in Anantapur […] Read more
Tesla may Go Private For $420 Per Share Price Updated On Wed, Aug 8th, 2018 by Saurenergy The $420 share price of Tesla is seemingly decided on the fact that it is already a valuable automaker in the United States. Stunning the shareholders and onlookers, Elon Musk in a tweet mentioned about thinking to make the American Multinational Corporation, Tesla, private at a cost of USD 420 per share. The tweet made […] Read more
BEST to Set up World’s First Thermal Battery Plant Updated On Tue, Aug 7th, 2018 by Saurenergy World’s first thermal battery plant in Andhra Pradesh would manufacture thermal batteries which would supply power for a longer duration than the Lithium-ion battery. Leading power storage service provider, Bharat Energy Storage Technology (BEST) has revealed setting up a thermal battery plant in Andhra Pradesh. Considered as a great addition, world’s first thermal battery plant […] Read more
