Growatt Strengthens Footprint in Mexico; Hikes Investment in 2 Yrs Updated On Wed, Nov 6th, 2019 by Saurenergy Now, in order to further strengthen its market position, the inverter manufacturer has started providing professional training to its local partners. With an aim to strengthen its presence in the Mexican market, Chinese photovoltaic (PV) inverters maker, Growatt, is expanding its business activities including investment and training in Mexico. Recently, the inverter major conducted its […] Read more
Infosys Helps in Digital Transformation of Siemens Gamesa Renewable Energy Updated On Tue, Nov 5th, 2019 by Saurenergy According to the contract signed, Infosys will enable Siemens Gamesa Renewable Energy to align its existing disparate IT setup into a harmonized and consolidated infrastructure landscape. IT giant Infosys has entered into a strategic long-term partnership with Siemens Gamesa Renewable Energy (SGRE), global leader in wind energy, in order to help in its digital transformation. […] Read more
Bengaluru-Based Log 9 Materials Raises $3.5 mn in Series A Round Updated On Thu, Oct 31st, 2019 by Saurenergy Log 9 Materials has secured USD 3.5 million in Series A funding, led by Sequoia India and Exfinity Venture Partners. Bengaluru-based startup Log 9 Materials has announced that it has secured USD 3.5 million in funding as a part of its Series A round, led by Sequoia India’s scale up programme Surge and Exfinity Venture […] Read more
Sunport Power. Betting on Technology And Scale Updated On Tue, Oct 29th, 2019 by Saurenergy In an occasional series on firms that are making an impact in the solar space, today we look at Sunport Power, a China based manufacturer, that has made a name for itself, not for sheer scale and size, but for its focus on technology led differentiation. The seven year old firm is interesting in many […] Read more
Advanced Lithium-Ion Technologies on Route for Record Investments in 2019 Updated On Tue, Oct 29th, 2019 by Saurenergy A new report has revealed that USD 350 million was invested globally in advanced lithium-ion technologies during the first half of 2019. Analyst firm Wood Mackenzie‘s ‘Global energy storage outlook, Q3 2019′ indicates more than USD 350 million invested globally in advanced lithium-ion technologies during the first half of 2019. It was just over USD 600 […] Read more
Iberdrola Acquires 118 MW of Spanish Wind Projects from Siemens Gamesa Updated On Thu, Oct 24th, 2019 by Saurenergy Iberdrola has reached an agreement with Siemens Gamesa for the acquisition of three wind farm developments in Spain, with a total capacity of 118 MW Iberdrola is progressing its plan to relaunch clean energies following its agreement with Siemens Gamesa for the acquisition of three wind farm developments in Spain, with a total installed capacity […] Read more
Indigenisation of EV Manufacturing Could be Worth $2.7 bn for India: CEEW Updated On Thu, Oct 24th, 2019 by Saurenergy Indigenisation of electric powertrain components and battery pack assembly could produce a value addition USD 2.7 billion for the auto industry in India, in case of an EV transition Indigenisation of electric powertrain components and battery pack assembly could produce a 5.7 percent higher output value addition worth USD 2.7 billion for the auto industry […] Read more
Punjab Drafts Renewable Energy Policy, Plans for 21% RE by 2030 Updated On Wed, Oct 9th, 2019 by Saurenergy The Punjab government through its latest renewable energy policy plans of securing 21 percent of its power requirements from RE sources by 2030. The state government of Punjab issued a draft version of the state’s renewable energy policy, with the prime objective of securing 21 percent of its power requirements from renewable energy sources by […] Read more
Bifacial Modules in the Spotlight with US Move Updated On Wed, Oct 9th, 2019 by Saurenergy The move by the Trump administration to remove the exemption that had been granted to Bifacial modules from punitive tariffs on Chinese imports is a signal about the growing share of Bifacials in the US market. Under Section 201 tariffs , bifacial solar panels had enjoyed an exemption in the U.S. market , granted in […] Read more