Solar PLI Tranche 2 Allocations Released, 48 GW Of Domestic Manufacturing Capacity By 2025-26 Updated On Tue, Mar 28th, 2023 by Saurenergy The government of India has allocated 39600 MW of domestic Solar PV module manufacturing capacity under PLI (Tranche-II), or the Solar PLI scheme to incentivise domestic manufacturing. The PLI or Performance Linked Incentive scheme offers financial incentives to manufacturers for meeting specific milestones in sales, linked indirectly to capacity creation. The PLI (Tranche-II) is expected […] Read more
ARENQ & RDL Technologies Forge Partnership for Battery Monitoring Updated On Mon, Mar 27th, 2023 by Saurenergy Manufacturer and distributor of storage batteries, ARENQ, has forged a five-year partnership with RDL Technologies for battery monitoring with IoT (Internet of Things) devices. RDL Technologies is a manufacturer of IoT products and software solutions. The firm will look after the development of IoT devices that will upload data from the Battery Management System (BMS) […] Read more
LG Energy Solution (LGES) to Build $5.5bn Battery Plant in Arizona Updated On Mon, Mar 27th, 2023 by Saurenergy LG Energy Solution (LGES) will invest about $ 5.5 billion to construct a battery manufacturing complex in Queen Creek, Arizona. The complex will consist of two manufacturing facilities – one for cylindrical batteries for electric vehicles (EV) and another for lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS). LGES said that this […] Read more
EV Maker Wardwizard Operationalises Lithium-ion Battery Unit in Vadodara Updated On Mon, Mar 27th, 2023 by Saurenergy Electric vehicle manufacturer Wardwizard Innovations and Mobility has announced that it has begun the operations of its lithium-ion battery assembly facility at Vadodara in Gujarat. The assembly line has been in-built by the company at its EV ancillary cluster and has an annual production capacity of 1 GWh. Wardwizard had announced about the company’s plan […] Read more
Albemarle Corp will Invest $1.3 billion in USA Lithium Battery Plant Updated On Thu, Mar 23rd, 2023 by Saurenergy Lithium and bromine giant Albemarle Corporation that offers essential elements for mobility, energy, connectivity and health, has announced plans to build its lithium hydroxide Mega-Flex facility in Chester County, South Carolina. Albemarle says that the facility includes an initial investment of at least $1.3 billion to help meet the surging demand for domestic and international […] Read more
EDF Renewables to Supply 117 MWac of Solar Energy to California Utility Updated On Thu, Mar 23rd, 2023 by Saurenergy Renewable energy giant EDF Renewables North America has announced a 20-year PPA with Southern California Public Power Authority (SCPPA) for the energy and renewable attributes related to the 117 MWac/148 MWdc Sapphire Solar project. EDF Renewables said that Sapphire Solar is guaranteed to begin delivery of carbon-free electricity to SCPPA’s Participating Members – Anaheim, Pasadena […] Read more
Meta to Power Texas Datacentre with 240 MW Solar Energy from Avangrid Updated On Wed, Mar 22nd, 2023 by Saurenergy Iberdrola-owned renewable energy firm Avangrid has announced that it has signed a power purchase agreement (PPA) with social media platform Meta that will procure renewable energy from 240 MW True North Solar Farm. Avangrid held that the solar farm is currently under development in Falls County, Texas. It is also the first solar facility of […] Read more
Canadian Solar Reports Net Income of $240 Million, Module Sale of 21.1 GW in 2022 Updated On Wed, Mar 22nd, 2023 by Saurenergy Global solar manufacturer Canadian Solar Inc. has announced its financial results for the fourth quarter and full year ended December 31, 2022. With regards to the fourth quarter of 2022, Canadian Solar said that it witnessed a 68% increase in solar module shipments year-over-year to 6.4 GW which was above guidance range of 6 GW […] Read more
JinkoSolar Launches SunGiga Liquid-Cooling ESS in Japan Updated On Tue, Mar 21st, 2023 by Saurenergy Chinese solar manufacturer JinkoSolar has announced the launch of its new liquid cooling energy storage system called SunGiga for C&I application and showcased it in this year’s PV Japan Expo 2023. JinkoSolar had launched the SunTank residential ESS in Japan in 2022. JinkoSolar said that the liquid cooling system for more even heat dissipation and […] Read more