China To Spend $830 Mn For Solid-State Battery R&D: Report Updated On Wed, May 29th, 2024 by Saurenergy China is planning to spend $830 million on all-solid-state battery R&D, reveals a report by Chinese Daily. Six companies, including CATL, BYD, China FAW Group, SAIC Motor Corp, Beijing WeLion New Energy Technology, and Geely Auto Group, will likely receive basic R&D support from the government, the report said. Chinese Government departments are heading this […] Read more
Project Proposal Engineer – AIF Updated On Wed, May 29th, 2024 by Saurenergy The Oil-free Air Division wants to be a leading provider of Engineered Compressed Air Systems into Oil & Gas, Petro-Chemical, Metal as well as other industries, with more focus on Project Sales business which will be accessories along with standard air compressor. To contribute to the profitable growth through the creation and coordination of technical […] Read more
India’s EV Sector: OEMs Lead 70% of Deals In 2023, Says Report Updated On Wed, May 29th, 2024 by Saurenergy According to a report by Bain and Company and Indian Venture and Alternate Capital Association, EV penetration in private equity and venture capital (PE-VC) is projected to rise from 6% in 2023 to 40% by 2030. The report highlighted that 2023 followed the trend observed in the second half of 2022, with a reduction in […] Read more
Volkswagen Plans To Introduce Entry-Level EVs In Europe By 2027 Updated On Wed, May 29th, 2024 by Saurenergy German-based company, Volkswagen board of management of the Volkswagen Group decided to make all-electric entry-level mobility more widespread. Volkswagen Group brings electric cars for EUR 20,000 and its world premiere is planned for 2027. Oliver Blume, CEO of Volkswagen Group said: “Generations of people associate the strong brands of the Volkswagen Group with their first […] Read more
RWE To Build 1.6 GW Wind Farm Off German North Sea Updated On Wed, May 29th, 2024 by Saurenergy RWE has made the investment decision for its Nordseecluster, involving offshore wind projects with a total capacity of 1.6 gigawatts (GW). The wind farms will be built in the North Sea, about 50 kilometres north of the island of Juist. Suppliers of the main components have already been selected for the cluster as a whole. […] Read more
Clean Power Can Reduce India’s Dependence On Gas For Peak Demand: IEEFA Updated On Wed, May 29th, 2024 by Saurenergy The Institute for Energy Economic and Financial Analysis (IEEFA) in its recent report found that new and cleaner options could soon replace the role of gas-based power in meeting peak electricity demand in India. India’s peak power demand, which, according to government forecasts, is likely to cross 350 gigawatts (GW) by 2030. The IEEFA in […] Read more
Suzlon Secures 551.25 MW Order For Its 3 MW Series From Aditya Birla Updated On Wed, May 29th, 2024 by Saurenergy Indian wind energy company Suzlon Group today announced a new order win for the development of 551.25 MW wind power project for the Aditya Birla Group, a Global Indian Conglomerate. Suzlon will install 175 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each at sites […] Read more
NTPC Awards 15 MW Bhilai Floating Solar Contract To Madhav Infra Updated On Wed, May 29th, 2024 by Saurenergy Madhav Infra Projects (MIPL) has secured a contract to develop a 15 MW floating solar power plant in Chhattisgarh. NTPC-SAIL Power Company (NSPCL), a joint venture of NTPC and SAIL, has sent a letter of acceptance to Madhav Infra Projects (MIPL), an engineering, procurement, and construction (EPC) contractor, to develop a 15 MW floating solar […] Read more
Gensol Engineering Reports 310% Increase In Net Profit In Q4 Updated On Tue, May 28th, 2024 by Saurenergy Gensol Engineering today released its financial results for Q4 and also for the financial year. The renewable energy company has now reported a 310 percent increase in its net profit in Q4 on a Year-on-Year (basis). The filings of the firm before the BSE said that the company reported a total profit after tax of […] Read more
