China-Based Gotion to Foray into Japanese Market Following Agreement with Edison Power Updated On Mon, Mar 20th, 2023 by Saurenergy China-based manufacturer of lithium-ion power batteries Gotion High-tech has joined hands with Edison Power Co., a renewable energy and energy storage developer, for the development of large storage battery and recycling market in Japan. This partnership will also mark the entry of Gotion into Japan. Gotion High-tech will be responsible for the supply of cells, […] Read more
With An Aim Of 40% Domestic Sourcing By 2030, European Commission Announces Net Zero Industry Act Updated On Fri, Mar 17th, 2023 by Saurenergy Following the Inflation Reduction Act in the US, India’s own PLI schemes and the Basic Customs Duty on Solar Imports, the European Commission is set to erect some protectionist fences at its borders too. Under the European Commission’s (EC) proposed Net Zero Industry Act, which seeks to accelerate the decarbonisation of the energy sector in […] Read more
Iberdrola Awards Contract to Haizea Group for 1400 MW Wind Farm in UK Updated On Thu, Mar 16th, 2023 by Saurenergy Spanish multinational electric utility Iberdrola has awarded a wind contract to Haizea Wind Group- a manufacturer of large metal structures for wind turbines. As per the pact, the manufacturer will supply 50 monopiles for Iberdrola’s 1400 MW East Anglia Three offshore wind farm located in UK. UK is currently the global leader when it comes […] Read more
SJVN & Indian Oil to Form JV for Renewable Energy Projects Updated On Thu, Mar 16th, 2023 by Saurenergy CPSU SJVN and Indian Oil Corporation have inked an agreement to form a joint venture for renewable energy projects. This was revealed by SJVN Chairman & Managing Director Nand Lal Sharma while adding that both SJVN and IOCL will employ their core strength for project development. The new firm will look into the development of […] Read more
Power Minister R.K. Singh Updates Parliament On Progress With India’s Energy Transition Updated On Wed, Mar 15th, 2023 by Saurenergy Union Minister of Renewable Energy & Power R.K. Singh made a slew of announcements in the Rajya Sabha yesterday, shining the light on the progress made in renewable energy in the country. Here is a look at some important of the relevant news related to renewables. Renewable Energy Installed As on 31.01.2023, the cumulative installed […] Read more
Sungrow to Supply Solution for UK’s Longest Duration BESS Project of 825 MWh Updated On Tue, Mar 14th, 2023 by Saurenergy Chinese inverter manufacturer Sungrow Power Supply Co. has announced a deal to supply Constantine Energy Storage (CES) with its liquid-cooled BESS solution called ‘Power Titan’. CES is a grid-scale battery energy storage platform. Sungrow and CES are working on a specific pipeline of projects totalling 825 MWh of capacity spread across five ready-to-build sites. Construction […] Read more
Green Li-ion Secures $20.5 Million for Battery Recycling Technology Updated On Tue, Mar 14th, 2023 by Saurenergy Singapore-based lithium-ion battery recycling technology player Green Li-ion has secured $20.5 million in the recent round of pre-series B funding. The investment backers included venture capital firm TRIREC, solar firm Banpu NEXT and energy company Equinor Ventures. Green Li-ion has developed a prototype of its GLMC technology and is expecting to start the commercial production […] Read more
Sungrow Signs 145 MW Distribution Agreements in Pakistan Updated On Mon, Mar 13th, 2023 by Saurenergy Global inverter and energy storage conglomerate Sungrow has signed 145 MW distribution agreements with local partners including SkyElectric, Wateen Energy and Uenergy at Solar Pakistan 2023 expo to further facilitate Pakistan’s 2030 ambition to generate 60% of its electricity from renewable sources. Sungrow participated in the expo showcasing its commercial storage system PowerStack, residential solar-plus-storage, […] Read more
Chinese Battery Giant CATL Announces 2022 Results, Almost Doubles Profit Updated On Mon, Mar 13th, 2023 by Saurenergy Chinese battery giant Contemporary Amperex Technology Limited (CATL) has announced its financial results and said that it almost doubled its net profit in 2022 due to the booming electric vehicle market at home. CATL said that its net profit increased by 93 per cent to $4.4 billion in 2022 year on year. The company disclosure […] Read more
