Austria’s Verbund bags renewable portfolio in Spain Updated On Tue, May 10th, 2022 by Saurenergy Austrian hydropower utility Verbund said on Monday it had acquired a portfolio of renewable energy assets in Spain from local private equity fund Q-Energy for an undisclosed sum. The assets include operating photovoltaic power plants with a combined capacity of 82 megawatts (MW) and projects planned to have an eventual capacity of up to 4,000 […] Read more
Chinese UPS and Inverter Major KSTAR Opens Vietnam Plant Updated On Tue, May 10th, 2022 by Saurenergy KSTAR, the global power conversion firm, has announced that its first Vietnam manufacturing factory, called KSTAR Vietnam Project Phase I has officially topped out. Occupying an area of 47,715 square meters, KSTAR’s new Manufacturing-Base is located in Haiphong City, the biggest port city in Northern Vietnam. It’s being built to meet the surging demand of its export orders and […] Read more
Now, A Hydrogen Valley In South Africa Pipeline Updated On Tue, May 10th, 2022 by Saurenergy South Africa’s Department of Science and Innovation (DSI) and the South African National Development Institute are creating a Hydrogen Valley in partnership with Anglo American, Bambili Energy and ENGIE. A press statement released by mining major Anglo-American reads, “The proposed hydrogen valley will stretch approximately 835 kilometres from the platinum group metals-rich Bushveld geological […] Read more
Growatt Wins 22 “EuPD Researcher Top Brand” awards Updated On Mon, May 9th, 2022 by Saurenergy Leading inverter brand Growatt has won 22 “EuPD Top Brand” Awards, covering a total of 20 countries and regions. The countries include Americas, Europe, Asia Pacific, Africa, Mexico, Chile, Brazil, Scandinavia , Germany, Poland, the Netherlands, Hungary, Italy, Spain, the United Kingdom, Turkey, India, Vietnam, Pakistan, Australia, and South Africa. As an authoritative research institution in Europe, EuPD Reacher […] Read more
US Investigations Into AD/CVD Circumvention Draws Howls Of Protests Updated On Mon, May 9th, 2022 by Saurenergy The Department of Commerce (DoC), which started the investigation in March this year has managed to roil solar industry firms in the US across the board, as uncertainty starts impacting projects. The DoC had initiated a solar anti-circumvention investigation based on a petition from a small U.S. company called Auxin Solar. The petition asks for […] Read more
Harsh Shah To Take Over As CEO At Azure Power From July 1 Updated On Mon, May 9th, 2022 by Saurenergy Azure Power has announced the appointment of Harsh Shah as CEO. He follows in the wake of the exit of Ranjit Gupta last month. Shah was previously the Chief Executive Officer of IndiGrid, India’s first and largest Infrastructure Investment Trust (InvIT) in the Indian energy sector. It owns, operates, and manages power transmission networks and […] Read more
TATA Power Q4 Results Stay Strong, Eyes Faster Renewables Additions Updated On Sat, May 7th, 2022 by Saurenergy Tata Power Company reported a 31.4 percent year-on-year growth in consolidated profit at Rs 632 crore for the quarter ended March 2022. Revenue from operations grew 15.4 percent to Rs 11,960 crores during the quarter. The company has reported total income of Rs. 12219.36 crores during the period ended March 31, 2022 as compared to […] Read more
GE Renewable buys stake in 3D Printing Firm COBOD International Updated On Sat, May 7th, 2022 by Saurenergy GE Renewable Energy has said that it has done a minority investment in COBOD International, the company providing the 3D printer used at the Bergen research facility and has helped the development of renewable energy in various countries. Officials from both companies said the investment will build on an existing relationship with COBOD International first […] Read more
Altigreen Has New Service Head, Quality Head Updated On Fri, May 6th, 2022 by Saurenergy Altigreen, an EV major, has strengthened its leadership team in the critical areas of service and quality to meet the surging demand of the EV industry. Releasing a press statement on May 6, the company has informed the appointment of Mainak Nandi as national head of service and spares and Vinod Gupta as head of […] Read more