Budget 2022. Keep Up The Good Work, Says FM To RE Sector Updated On Tue, Feb 1st, 2022 by Saurenergy In her shortest budget speech till date in four years, Finance Minister Nirmala Sitharaman stuck to the big picture, leaving the fine details of the budget to be understood later. It would be safe to say that with key reform measures still in the pipeline, such as the Electricity (Amendment Bill) Bill, we might see […] Read more
Wacker Chemie Rides Polysilicon Boost To Double Sales in 2021 Updated On Tue, Feb 1st, 2022 by Saurenergy One of the earliest global polysilicon manufacturers, German chemical group Wacker Chemie made the most of the massive surge in demand, and prices for key solar raw material polysilicon in 2021, which hit a decade high during the year. The firm doubled its polysilicon sales boosting earnings even as it coped with higher raw material […] Read more
Servotech, Smart Power India to Create Solar Ecosystem in Rural India Updated On Mon, Jan 31st, 2022 by Saurenergy Aiming to promote awareness about and access to solar power in the rural communities of Bihar, Uttar Pradesh, Orissa, and Jharkhand, Servotech Power Systems Limited has signed a Memorandum of Understanding (MoU) with Smart Power India, a subsidiary of New York-based Rockefeller Foundation. The companies believe that educating people about the benefits of solar energy […] Read more
LG Energy Solution’s $10.7 Billion IPO And Its Probable Impact Updated On Fri, Jan 21st, 2022 by Saurenergy The successful completion of LG Energy Solutions’s $ 10.8 billion IPO in South Korea values the battery maker at about $59 billion makes it the third largest listed firm on the Korean Kospi index, behind electronics giant Samsung and Hynix. The successful IPO signals just how large, and tough, the future of the battery business […] Read more
Budget 2022- As Wishlists Grow Longer, What Can Renewables Industry Expect Updated On Thu, Jan 20th, 2022 by Saurenergy The Union Budget for 2022, scheduled to be presented on Feb 1, 2022, is probably done and dusted for all practical purposes by now. Changes if any, would have been made, representations considered and dealt with, and the focus now on balancing the books. In that situation, we check out the key industry demands from […] Read more
IEEFA: Skyrocketing EV Sales in China Spell a No-turning-back Step Change in Global Energy Landscape Updated On Wed, Jan 19th, 2022 by Saurenergy The jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the world’s biggest auto market, writes Tim Buckley, Director of Energy Finances Studies Australasia & South Asia, Institute for Energy Economics and Financial Analysis (IEEFA), as he gives insight […] Read more
Australia’s Victorian Govt Grants $7 M for H2 Use in Heavy Transport Updated On Wed, Jan 19th, 2022 by Saurenergy The Victoria State Government, Australia, is providing $6.6 million via its Renewable Hydrogen Commercialisation Pathways Fund to six renewable hydrogen projects aiming to clean up heavy transport, buses and industry. The recipients were announced by Victorian minister for Energy, Environment and Climate Change, Lily D’Ambrosio. “Renewable hydrogen is a key part of our clean energy […] Read more
Europe’s Metal Industry Asks EU to Help it Deliver Energy Transition Updated On Tue, Jan 18th, 2022 by Saurenergy Industry association Eurometaux has asked EU policy-makers to allow member states to support domestic producers of aluminium, zinc and silicon with state aid to ensure supplies of the metals crucial for the transition to low carbon energy. The European Union has a goal to reduce net greenhouse gas emissions by 55% from 1990 levels by […] Read more
Israel’s Econergy to Build 800MW Storage, 900MW Solar Capacity in UK Updated On Fri, Jan 14th, 2022 by Saurenergy Renewables investor Econergy Renewable Energy said on Thursday it plans to develop a portfolio of 800 megawatts (MW) of renewable energy storage and 900 MW of solar photovoltaic (PV) capacity in Britain over the next three years. The firm said it plans to develop 350 MW of energy storage capacity for operation in 2023, 300 […] Read more
