IREDA In MoU With Revenue Target of ₹4,350 Cr for 2023-24 Updated On Mon, Aug 21st, 2023 by Saurenergy The Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category – I) Government of India enterprise under Ministry of New and Renewable Energy, has signed a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy, Government of India. The MoU, in alignment with guidelines issued by Department of Public Enterprises, […] Read more
Risen Energy’s 15 GW HJT Line Commences Production Updated On Mon, Aug 21st, 2023 by Saurenergy Chinese module major Risen Energy has announced that the Hyper-ion heterojunction (HJT) solar module produced by the Company’s Nanbin 15GW manufacturing base (Phase-1) has rolled off the assembly line. The announcement comes as Risen Energy has vowed to zero in on the research and development of n-type HJT modules as part of the Company’s mission […] Read more
Rakesh Singh to Steer RenewSys as CEO- Encapsulants & Backsheets Updated On Thu, Aug 17th, 2023 by Saurenergy Rakesh Singh has been onboarded at RenewSys as the CEO – Encapsulants & Backsheets. Singh’s career spans 30 years in manufacturing, business excellence, Supply Chain Management, and domestic & international business. Rakesh’s previous stint was as the CEO & Executive Director at Mahindra Solarize. He has also worked with other firms such as Vickers System […] Read more
Lead Control Engineer Updated On Mon, Aug 14th, 2023 by Saurenergy The Lead Controls Requisition Engineer works as part of the Solar and Storage Solutions controls engineering team in an international environment and will be responsible for validation, field implementation and maintenance of GE’s Solar and Storage Solutions Software and Control Systems. This includes but it is not limited to AC system, DC system, Building, SCADA […] Read more
Germany’s MAHLE Introduces Bionic Cooling Plate for Improved Battery Efficiency Updated On Fri, Aug 11th, 2023 by Saurenergy Drawing inspiration from the natural world, Germany-based automotive supplier MAHLE has achieved technological advancement through its novel battery cooling plate. By adopting a bionic design for the cooling channels, which mimics nature’s patterns, the company’s engineers have brought about a noteworthy transformation. This innovative approach leads to a enhancement of both thermodynamic efficiency and structural-mechanical […] Read more
Tongwei Becomes First Chinese PV Maker in Fortune 500 List Updated On Mon, Aug 7th, 2023 by Saurenergy China’s Tongwei Group, a powerhouse in the solar manufacturing space made its debut on the Fortune 500 list of 2023 with a revenue of CNY 2148.82 billion and ranked 476th, becoming the first photovoltaic company in the world to enter the Fortune Global 500. At the same time, Tongwei Group ranked 34th on the Return on […] Read more
Waaree Energies Raises INR 1000 Crore in Second Round of Funding Led by ValueQuest Updated On Mon, Aug 7th, 2023 by Saurenergy Waaree Energies Limited (WEL), India’s largest solar module maker right now, has successfully raised a round of equity funding, amounting to approximately INR 1000 crore. The investment round was led by ValueQuest, an investment focused on sustainable and progressive ventures. Waaree Energies Ltd. had earlier raised a primary round of ~INR 1040 crore from a […] Read more
USA’s International Battery Company Sets Sights on Karnataka for $1 Bn Li-Ion Unit Updated On Wed, Aug 2nd, 2023 by Saurenergy The state of Karnataka has entered into an investment agreement with International Battery Company (IBC). The value of the agreement has been pegged at INR 80 billion rupees and will pave the way for setting up a battery manufacturing facility in the region. The manufacturing unit will be established across 100 acres in Karnataka, where […] Read more
Swiss Storage Firm Energy Vault Commissions First Gravity Energy Storage System In China Updated On Wed, Aug 2nd, 2023 by Saurenergy The world’s first grid-scale EVx™ gravity energy storage system (GESS) has entered the first phases of commissioning. Energy Vault Holdings, a firm that delves in sustainable, grid-scale energy storage solutions, has announced the commissioning of the project, along with its partners Atlas Renewable and China Tianying (CNTY). Located outside of Shanghai in Rudong, Jiangsu Province, […] Read more
