IEX Total Trade Volume Plunges by 18% YoY in August ’22 Updated On Wed, Sep 7th, 2022 by Saurenergy The Indian Energy Exchange, India’s premier energy exchange, achieved 7805 MU volume in August 2022, registering a 9% MoM growth. This comprised 6517 MU in the conventional power market, 437 MU in the Green Power Market, and 851 MU (8.51 lac Certificates) in the REC Market. The total volume in the said period was lower […] Read more
China’s Risen Energy Delivers Strong H1 Numbers with 51% Growth Updated On Wed, Sep 7th, 2022 by Saurenergy Risen Energy, part of the cohort of China based manufacturers of photovoltaic modules, has reported that its revenue in first half of 2022 has expanded 51.29 percent year-on-year to reach 12.615 billion yuan (US$ 1.83 billion). The net profit attributable to shareholders of the parent company rose 653.56 percent increase year-on-year to reach 505 million yuan (US$ 72.98 […] Read more
India’s Lithium Battery Recycling Gets Boost with New Rules Updated On Wed, Sep 7th, 2022 by Saurenergy In a big boost to the nascent lithium battery recycling industry in India, the environment ministry has announced new Battery Waste Management Rules, 2022, establishing responsibilities of producers, dealers, consumers, and entities involved in the collection, segregation, transportation, refurbishment, and recycling of all types of batteries, including rechargeable Lithium-ion batteries used in electric vehicles. The […] Read more
Start-Up Jungle Raises €5 Million to Deploy AI Technology in RE Sector Updated On Wed, Sep 7th, 2022 by Saurenergy Dutch artificial intelligence start-up Jungle has announced that it has closed a €5 million Series A funding round led by SHIFT Invest- Dutch venture capital fund complemented by Rocks International Group, EDP Ventures, Gorilla Growth Capital and Future Energy Ventures. Jungle said that the funding will allow it to speed up the deployment of its […] Read more
KPI Green Energy’s 16.10 MW Hybrid Power Project to Come Up in Gujarat Updated On Wed, Sep 7th, 2022 by Saurenergy Under the 2018 Gujarat Wind-Solar Hybrid Power Policy, KPI Green Energy- a leading solar energy company in Surat, is installing green hybrid capabilities at Bhavnagar totaling 16.10 MW. According to the firm, this 16.10 MW hybrid power project will include solar energy project (10 MWdc) and wind energy project (6.10 MW ) capacity that will be […] Read more
ALMM, BCD Update- Developers Hope For Relief Soon Updated On Tue, Sep 6th, 2022 by Saurenergy Informed sources indicate that there are strong chances of the government considering developer pleas for extending applicability of ALMM conditions for domestic projects. A meeting was held between industry representatives and Minister of Power, New and Renewable Energy R K Singh on September 6. The agenda was a review meeting with key developers and other […] Read more
Taiwan’s ProLogium to Build Solid-State Battery Gigafactory in Europe Updated On Tue, Sep 6th, 2022 by Saurenergy Taiwan-based solid-state batteries manufacturer ProLogium has appointed Accuracy – an independent financial and strategic consulting firm – to advise on the location of its first major Gigawatt-hour (GWh) battery factory in Europe and to work with its international development team. The official statement of ProLogium states that the investment in the new factory will total […] Read more
The Top List. Key Foreign Investors in Indian Renewable Sector Updated On Mon, Sep 5th, 2022 by Saurenergy Investors are moving to the renewable energy markets across the globe. Some of the largest foreign investors are finding it ideal to pour their investments into the Indian renewable sector. India promises highly favourable weather conditions and a willingness to rapidly develop the clean energy industry. In fact, it is one of the top destinations […] Read more
Jakson Group Sets Sights on Building Green Hydrogen Projects Across Asia, Africa Updated On Mon, Sep 5th, 2022 by Saurenergy A leading energy company in India, Jakson Group has shared that it will set up green hydrogen projects across Asia and Africa. The Chairman and Managing Director, Jakson Group, Sameer Gupta revealed, “The company intends to construct green hydrogen projects throughout West Asia and North Africa. The intention is to hunt for hydrogen and ammonia […] Read more
