“International Initiatives Such As CBAM And Carbon Trading Will Support RE Adoption”, Akshay Hiranandani, Serentica Renewables Updated On Mon, Jan 29th, 2024 by Saurenergy Has Serentica’s launch plan changed since its inception, or is it following the original plan to achieve the fastest renewable expansion? Can you provide the current status of the firm’s plans, including specific timelines for capacity additions? Serentica remains committed to industrial decarbonization and providing 24/7 green power for hard-to-abate industries. Our current focus centers […] Read more
IEX Q3 Results- Revenue Up 20.3%, Volumes 16.8% YoY Updated On Mon, Jan 29th, 2024 by Saurenergy India’s premier power exchange, the India Energy Exchange(IEX) has announced its Q3 results for FY24. The firm reported a decent set of numbers, with revenues up 20.3% YoY to Rs 141.2 crores, even as power traded on the exchange rose to 28.3 BU a 16.8% growth YoY. Standalone profit after tax rose to 89.3 crores, […] Read more
Amazon’s Portfolio Can Power 7.2 million US Homes Each Year: Report Updated On Mon, Jan 22nd, 2024 by Saurenergy Amazon, a corporate company in the United States (US) invested in more than 100 new solar and wind energy projects in 2023, becoming the one of the corporate purchasers of renewable energy for the fourth year in a row. Amazon claims these investments include the company’s first brownfield project—which will repurpose a previously polluted Maryland […] Read more
Battery Cell Costs To Touch $32-54 per kWh By 2030: RMI Report Updated On Mon, Jan 22nd, 2024 by Saurenergy A latest report from RMI claimed that the cost of battery cells is likely to fall drastically in the days to come. The report from the global energy think tank said that the cost of battery cell costs is likely to fall to USD $32-$54 per kWh. It also said that the top-tier batteries would […] Read more
EV Sales In India Record 50% Rise, Two-Three Wheelers Dominate Sales Updated On Thu, Jan 18th, 2024 by Saurenergy As the focus on a green future increases, electric vehicles have gradually become a part of vogue amid a proactive push by governments and several institutions to create awareness among the people. A study conducted by CareEdge Ratings shows that sales of Electric Vehicles registered a significant growth in CY23 as compared to CY22. The […] Read more
Could a Donald Trump Presidency Trip Up The IRA? Updated On Thu, Jan 18th, 2024 by Saurenergy The IRA, or the Inflation Reduction Act in the United States (US), ever since it came into force in August 2022, has been unfolding the kind of impact that has never been seen yet in the clean energy industry. Even as most provisions in the IRA became effective by Jan 2023, the biggest part of […] 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
Tata Launches Its First Pure Electric Vehicle–‘Punch.ev’ Updated On Wed, Jan 17th, 2024 by Saurenergy TATA Motors subsidiary Tata Passenger Electric Mobility Ltd (TPEM), recently launched its first pure electric vehicle (EV), ‘Punch.ev’, which is powered by “acti.ev”., i.e., Advanced Connected Tech-Intelligent Electric Vehicle. Punch.ev is one of the first products of that launch based on its Pure EV system ARE acti.ev. The Punch.ev claims to be cost-effective, and its […] Read more
Perovskite Panel Startup Tandem PV Rolls Ahead With $6 m Funding Updated On Wed, Jan 17th, 2024 by Saurenergy US based perovskite company Tandem PV has secured US$6 million in funding to advance research and development (R&D) and plans to build its first manufacturing plant. The funding round was led by venture capital firm Planetary Technologies, an existing investor in the company, with new backers including Uncorrelated Ventures, another venture capital firm, and solar […] Read more
