Wood Mackenzie: China’s Solar Exports Boom 64% In 2022 Despite Global Trade Tensions Updated On Wed, May 24th, 2023 by Saurenergy A new report from Wood Mackenzie has revealed that solar exports of China grew 64% to $52 billion in 2022 despite global trade tensions. Wood Mackenzie research director Alex Whitworth held that trade tensions have taken a back seat to high power prices driven by the energy crisis, and this is causing consumers and developers […] Read more
Ford Secures Lithium Hydroxide Supplies From Nemaska Lithium For 11 Years Updated On Mon, May 22nd, 2023 by Saurenergy As North America rapidly adopts electric vehicles to combat climate change through sustainability, global auto conglomerate Ford Motor Company has entered into a long-term agreement with Quebec-based Nemaska Lithium for the supply of lithium products, including lithium hydroxide, over an 11-year period. Ford said that under the terms of the agreement, Nemaska Lithium would deliver up […] Read more
Govt Reduces Subsidy For Electric Two-Wheelers Under FAME-II Updated On Mon, May 22nd, 2023 by Saurenergy In its latest notification, the Ministry of Heavy Industries has ordered reduction in subsidies for electric two-wheeler vehicles under the Faster Adoption of Manufacturing of Electric Vehicles (FAME)-II scheme. The new provisions will be rolled out in India from June 1, 2023. With the reduced hand-holding support from the government, the electric two-wheeler prices are […] Read more
NTPC Reports Highest Ever Annual Generation, 32% Surge In Income In FY23 Updated On Fri, May 19th, 2023 by Saurenergy The National Thermal Power Corporation of India (NTPC) today announced its Q4 and FY23 Financial Results. The leading power generator of the country claimed that during FY23, it reported the highest-ever annual generation of 399 Billion Units (BU) compared to 361 BU in FY22, registering a growth of around 11 percent. The audited results of […] Read more
MNRE to Launch New Scheme To Boost Distributed Solar Energy: RK Singh Updated On Fri, May 19th, 2023 by Saurenergy In his latest speech, Union Minister for New and Renewable Energy RK Singh announced starting a new scheme to boost distributed renewable energy (DRE). He announced this during an event on DRE organised by the Council on Energy, Environment and Water (CEEW) and Villgro Innovations Foundation’s Powering Livelihoods. “We are developing a new DRE policy […] Read more
Sungrow Bags 150 MW Energy Storage Project in UK Updated On Fri, May 19th, 2023 by Saurenergy Chinese inverter and energy storage system solution maker and supplier Sungrow has announced that it has signed a contract to supply its liquid cooled energy storage system (ESS) called PowerTitan to a 150MW/300MWh project in Ferrybridge, West Yorkshire, the United Kingdom. Sungrow said that the project is expected to increase total grid stability and bolster […] Read more
Planning & Fulfillment Engineer – GIS/PASS Updated On Wed, May 17th, 2023 by Saurenergy Manages or performs work associated with planning, selecting, and purchasing quantities of goods and merchandise to be sold including: Liaising with existing suppliers and negotiating contracts. Sourcing and building relations with new suppliers. Monitoring market changes, competitor prices, and products. Analyzing past sales patterns to anticipate trends in consumer buying patterns. Presenting new ranges to […] Read more
A Lack of Awareness Among Key Stakeholders About Benefits Of Solar Insurance- Sudhish Ramteke, Anand Rathi Updated On Wed, May 17th, 2023 by Saurenergy As solar has achieved scale and a future of strong growth, insurance firms have also done well to catch up and offer products for the sector. Besides the obvious role of de-risking projects for developers, insurance firms also play a key role in wider understanding and acceptance of the risks involved for other key stakeholders, […] Read more
Maharashtra Discom To Get Solar Energy At Rs 3.30/Unit Under Rural Solar Scheme Updated On Mon, May 15th, 2023 by Saurenergy The Maharashtra State Electricity Distribution Company Limited (MSEDCL) is now all set to procure 150 Megawatt (MW) of solar power on a long-term basis under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) at the rate of Rs 3.30 per unit. The Maharashtra Electricity Regulatory Commission (MERC) also approved these rates recently. The scheme allows farmers or […] Read more
