LONGi Revenues Down 40% In H1 2024, Losses Climb To $760 Million Updated On Thu, Sep 19th, 2024 by Saurenergy LONGi Green Energy, one of the largest integrated solar manufacturers , has reported its H1 results. The results reflect the weakness in prices seen during the year, with the firm slipping into significant loses on a reduced turnover. All this, despite LONGi reporting shipment of over 78 GW of wafer, cells and modules. LONGi reported […] Read more
Research Analyst – Steel and Raw Materials Updated On Wed, Sep 18th, 2024 by Saurenergy Steel will play a pivotal role in the global energy transition and will be an integral part of solar panels, wind turbines, electric vehicles, dams, etc. In parallel the industry will also create a number of opportunities for newer technologies and energy products especially hydrogen as it decarbonizes. Industry stakeholders across the steel and raw […] 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
Solis Hits 100GW Milestone With Record 13.3GW Shipments In H1 2024 Updated On Mon, Sep 16th, 2024 by Saurenergy Ningbo, China based Solis, a global leader in solar inverter technology, has announced that it has surpassed the 100GW mark in cumulative global shipments. In hitting the mark, Solis joins a limited league of firms to have achieved the benchmark, and considering its initial focus on smaller sized inverters, the achievement is all the more […] Read more
Odisha, MP New Emerging States For Renewables: CEEW Report Updated On Tue, Sep 10th, 2024 by Saurenergy A latest report by energy think tank Council on Energy, Environment and Water (CEEW) said that Odisha and Madhya Pradesh could soon become the new emerging states to spur the growth of green energy in the country. The study, ‘Unlocking India’s RE and Green Hydrogen Potential: An Assessment of Land, Water, and Climate Nexus’, highlights […] Read more
UK Announces 9.6 GW of Renewable Awards In Sixth CfD Auction Updated On Thu, Sep 5th, 2024 by Saurenergy The much awaited renewable awards with contract for difference have been announced finally. The results were awaited eagerly following the abject failure of the last offer, and was considered particularly vital for the offshore wind industry after a string of bad news, including cancellation of awarded projects elsewhere in Europe. With £1.56 billion allocated to […] Read more
At EESA Shanghai, SOFAR Showcases Storage Solutions Updated On Mon, Sep 2nd, 2024 by Saurenergy In a sign of the times, the 3rd EESA Energy Storage Expo kicked off at the Shanghai National Exhibition and Convention Center(SNEC) on September 2 to a massive reception. As a professional exhibition for the world leading energy storage industry from China, the event attracted numerous leading companies from the energy storage supply chain. Firms […] Read more
Ministry Of Finance Grants Navratna Status To SECI, NHPC And SJVN Updated On Mon, Sep 2nd, 2024 by Saurenergy In a significant indicator of their growing stature and performance, the Ministry of Finance recently conferred ‘Navratna’ status to three Central Public Sector Enterprises (CPSE) namely, Solar Energy Corporation of India (SECI), National Hydroelectric Power Corporation (NHPC), and SJVN to develop and expand Renewable Energy (RE) capacity in India under the Ministry of New and […] Read more
