Finnish New WaveRoller Technology Contributes To EU RE Capacity Updated On Fri, Feb 2nd, 2024 by Saurenergy Finnish enterprise AW-Energy has recently successfully developed a wave farm project that converts ocean wave energy to electricity through WaveRoller technology. The machine operates in near-shore areas (approximately 0.3-2 km from the shore) at depths of between 8 and 20 meters. The commission mentions about the waveroller technology, “Depending on tidal conditions, it’s mostly or […] Read more
BUDGET: FM Announces Support For RTS, Offshore Wind and EV Manufacturing Updated On Thu, Feb 1st, 2024 by Saurenergy Union Finance Minister Nirmala Sitharaman announced the Union Budget 2024 today. Speaking in Lok Sabha, the finance minister discussed the recently announced Pradhan Mantri (PM) Suryodaya Scheme. On January 22, PM Narendra Modi announced the connection of one crore households with rooftop solar. In her budget speech, the finance minister talked about the savings of […] Read more
Reliance Backed Wafer Manufacturing StartUp NexWafe Plans 6GW US Manufacturing Plant Updated On Mon, Jan 29th, 2024 by Saurenergy German solar startup NexWafe GmbH, which counts India’s Reliance among its key investors, is considering a major expansion in the US with 6 GW of solar wafer manufacturing capacity there. Towards this end, NexWafe GmbH has established a U.S. subsidiary to evaluate the development of multi-gigawatt-scale solar wafer production in the U.S. with an initial […] Read more
MHI Invites Re-Bidding For 10 GWh ACC Manufacturing Under PLI Updated On Thu, Jan 25th, 2024 by Saurenergy The Ministry of Heavy Industries (MHI) recently released a tender for re-bidding of Production Linked Incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing. The Ministry of Heavy Industries (MHI) invited applicants to submit bids to set up a domestic manufacturing facility for ACC. This can help them qualify for incentives under the PLI […] Read more
Enel Subsidiary 3Sun Secures €560 million For HJT Solar Manufacturing In Italy Updated On Thu, Jan 25th, 2024 by Saurenergy Italy, which has been a surprise beneficiary of the European push for more manufacturing, got another boost with 3Sun, the solar module manufacturing subsidiary of Italian utility Enel secured €560 million for its heterojunction module assembly plant in Sicily, Italy. Details on the number of jobs this would create are not available, but widely expected […] Read more
Meyer Burger Announces Halt On German Manufacturing Plant, US Focus Updated On Thu, Jan 18th, 2024 by Saurenergy The massive Chinese push into Europe with the resultant high inventory levels (estimated at 90 GW, almost equal to two years of capacity additions) and low prices has claimed its first big victim. Meyer Burger Technology AG, a long-time pioneer and technology leader in the global photovoltaic industry, has prepared a plan to cut losses […] Read more
Adani Green FY24 Update Highlights 16% Growth In Capacity, 59% In Power Sales Updated On Tue, Jan 16th, 2024 by Saurenergy In an operational update to the stock exchanges, Adani Green Energy Limited (AGEL), the renewable energy developer arm of the Adani Group, has shared the progress it has made in the first 9 months of FY24. With a target of 45GW of operational renewable energy by 2030, which would be close to10% of India targets, […] Read more
1.5 GW Electrolyser Manufacturing Allocations Done, India Looks To Green Hydrogen Updated On Mon, Jan 15th, 2024 by Saurenergy SECI has announced the winning bidders for the Capacity Allocation under the RfS for Selection of Electrolyser Manufacturers (EM) for Setting up Manufacturing Capacities for Electrolysers in India under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Tranche-I). The firms under the head of capacity built using any stack technology, include Reliance Electrolyser Manufacturing, […] Read more
First Solar Inaugurates 3.3 GW Solar Manufacturing Facility In Tamil Nadu Updated On Fri, Jan 12th, 2024 by Saurenergy American solar module manufacturer First Solar inaugurated its new solar manufacturing facility in Tamil Nadu. The global cleantech company claimed it to be the country’s first fully vertically integrated solar manufacturing plant. The Minister for Industries, Promotions and Commerce of the Government of Tamil Nadu, T R B Rajaa inaugurated the facility in a ceremony attended by […] Read more
