MHI Receives Seven Bids Of 70 GWh For battery Manufacturing PLI Updated On Tue, Apr 23rd, 2024 by Saurenergy Ministry of Heavy Industries (MHI) announced that it received bids from seven bidders under a global tender issued for re-bidding of Production Linked Incentives (PLI). This tender was announced for 10 GWh Advanced Chemistry Cell (ACC) manufacturing on 24th January and the last date for receiving applications was 22nd April on the CPP portal and […] Read more
Sterling & Wilson Marks Complete Turnaround In Q3 Fy24 With Profits Updated On Sun, Apr 21st, 2024 by Saurenergy Publicly listed renewable energy company Sterling & Wilson has released its financial results for the Fourth Quarter (Q4) and FY24. The annual and quarterly results were shared by the firm with the Bombay Stock Exchange (BSE) in its public disclosure. The company reported a net profit of Rs 1.40 crore in Q4 of FY24. The […] Read more
ETS Systems Manager Updated On Fri, Apr 19th, 2024 by Saurenergy If you are an RTU/SCADA/Flow expert professional, Emerson has an exciting role for you! We are looking for a ETS Systems Manager in RTU / SCADA / Flow domain to work with our ETS Systems Team. This role will work independently and as a part of a team to design, engineer & deliver the Projects […] Read more
Stellantis To Invest $100mn in Argentina’s Solar Energy Sector Updated On Thu, Apr 18th, 2024 by Saurenergy Stellantis, the automotive giant behind brands like Citroen, Fiat, and Peugeot, is taking a significant step towards sustainability by investing $100 million in Argentina’s solar energy sector. The company announced its acquisition of 49.5% of 360 Energy Solar, a prominent player in the country’s solar power market. This move is part of Stellantis’ strategy to […] Read more
BII, FMO Lends BECIS US$50 Mn To Support RE Projects In South East Asia Updated On Mon, Apr 15th, 2024 by Saurenergy British International Investment (BII), and FMO, recently announced a joint loan commitment of US$50 million to BECIS, an energy-as-a-service (EaaS) provider in South-East Asia. The joint financing facility will be used to fuel BECIS’ expansion and back their energy solutions across Vietnam, the Philippines, Indonesia, Thailand, Malaysia and India. This is in response to the […] Read more
The China Effect- 5 Global Solar Manufacturing Plans Hit By The Solar Price Slump Updated On Thu, Apr 4th, 2024 by Saurenergy As the call for clean energy grows, solar plants and plans to manufacture solar equipment have garnered the limelight across the world. But the recent trend of dropping prices, thanks largely to the massive production glut in China, has put paid to many such plans. This oversupply across the solar supply chain, that started first […] Read more
Log9 Materials Gets BIS Certification For Its LTO Batteries Updated On Tue, Apr 2nd, 2024 by Saurenergy Log9 Materials, an Indian company specializing in advanced battery solutions, announced today that its LTO (Lithium Titanate Oxide) batteries have received certification from the Bureau of Indian Standards (BIS). These Log9’s BIS-certified LTO batteries boast enhanced safety due to their inherent thermal and chemical stability, minimizing the risk of fire or explosion compared to conventional lithium-ion […] Read more
IOCL, Panasonic Energy Form JV For EV Batteries Updated On Mon, Apr 1st, 2024 by Saurenergy Indian Oil Corporation Limited and Panasonic Energy, a Panasonic Group Company, have signed a binding term sheet to draw a framework for the formation of a JV for manufacturing cylindrical lithium-ion cells in India in anticipation of expanding demand for batteries for two and three-wheel vehicles and energy storage systems in the Indian market, the […] Read more
ALMM To Rule Solar From April 1, 2024 in India Updated On Fri, Mar 29th, 2024 by Saurenergy Putting to rest any doubts over the future of sourcing for key solar projects, the Ministry of New and Renewable Energy (MNRE) has confirmed the deadline of March 31 for ending all ALMM related exemptions for developers in a terse, one page office memorandum. At SaurEnergy, we had predicted this outcome early this week. That […] Read more
