Waaree Energies Clears SEBI Hurdle, Set For IPO Updated On Tue, Sep 24th, 2024 by Saurenergy Mumbai-based solar PV module manufacturer, Waaree Energies has received the Securities and Exchange Board of India (SEBI) approval for its proposed initial public offering (IPO). The company hopes to raise a fresh issue of equity shares aggregating up to Rs 3,000 crore and an offer for sale of up to 3,200,000 equity shares with a […] Read more
US-India Launch $1 Bn Initiative To Build Clean Supply Chains Updated On Mon, Sep 23rd, 2024 by Saurenergy The United States (US) and India elevate and expand bilateral technical, financial, and policy support to enhance the complementary manufacturing capacity of clean energy technologies and components. This policy also lays the groundwork for enhanced cooperation and partnerships in Africa. The Strategic Clean Energy Partnership, led by the US Department of Energy and Indian government […] Read more
Jindal India RE Targets BESS Market With 5 GWh Capacity Updated On Wed, Sep 18th, 2024 by Saurenergy Jindal India Renewable Energy, a part of the BC Jindal Group, announced its foray into the Battery Energy Storage Systems (BESS). The company plans to build 1 GWh battery pack assembly line with LFP chemistry by 2025 and will foray into battery cell manufacturing with 5 GWh capacity by 2027. To achieve this, the company […] Read more
Cygni, HiNa To Bring India-Specific Sodium-ion Energy Solutions Updated On Tue, Sep 17th, 2024 by Saurenergy Cygni Energy Private Limited, a Hyderabad-based energy storage solutions player has planned to collaborate with HiNa to develop India-specific Sodium-ion based storage solutions. This storage solution is cheaper, safer, and allows 20-minute charging. Cygni Energy has been an advocate of Sodium-ion-based solutions and a challenger to Lithium for specific applications. As part of this partnership, […] Read more
Re-Invest 2024- Firms Parade 480 GW Capacity Addition Plans Updated On Tue, Sep 17th, 2024 by Saurenergy At the fourth edition of Re-invest 2024, you might be tempted to believe that India’s renewable energy targets are as good as met. At least, going by the line up of firms queuing up to make their commitments public. In a spectacle suitably titled ‘Shapath Patra’ or agreements signed at the event, firms made the […] Read more
The Key To the Next Phase of RE Growth: Evolution of Large-Scale Batteries Updated On Fri, Aug 30th, 2024 by Saurenergy The renewable energy industry has been on a transformative journey over the past few decades. At the heart of this revolution lies large-scale battery storage which is considered to be one of the most critical technological advancements. These batteries have evolved from small, short-duration systems to massive, long-duration powerhouses that are now integral to the […] Read more
Waaree Energies Yet To See Approval For Issue Of IPO Updated On Wed, Aug 28th, 2024 by Saurenergy Notwithstanding the filing of documents for the issue of Initial Public Offering (IPO) with the Securities & Exchange Board of India (SEBI), India’s leading solar module manufacturer Waaree Energies’ is yet to see the plan becoming a reality soon. The green company is yet to see approval from the market regulator. Some media reports have […] Read more
Grew Energy, IIT Bombay Collaborate For R&D In Photovoltaics Updated On Wed, Aug 28th, 2024 by Saurenergy Grew Energy Private Limited, a solar module manufacturing company, has announced a partnership with the Indian Institute of Technology, Bombay (IIT Bombay). The collaboration aims to advance innovation and excellence in photovoltaic technology, with a key focus on solar cell and module manufacturing, performance characterization, and reliability assessments. The two signed the Memorandum of Understanding […] Read more
BC Jindal Group To Enter Renewable Sector With 5 GW Target Updated On Thu, Aug 22nd, 2024 by Saurenergy The Rs 18,000 crore BC Jindal Group, has announced its foray into India’s renewable sector today. The group has announced plans to invest around US $ 2.5 billion in this sector in the next 5 years. The group becomes the latest to make a strong commitment to the sector, attracted by its green credentials as […] Read more
