Suzlon’s Net Profit Slides Over 63%, 58% in QoQ & YoY Comparisons Respectively Updated On Tue, Jul 25th, 2023 by Saurenergy Renewable energy solutions provider Suzlon Energy Limited has declared its financial results for the period ended June 30, 2023. Financial Results (Q1 FY2024) – Quarter on Quarter Comparison The total income of the firm stands at INR 1361.68 crores in the period ended June 30, 2023. The total income when compared to that in Q4 […] Read more
Asia, America To The Rescue For German PV Machinery Makers Updated On Thu, Jul 20th, 2023 by Saurenergy A release from the VDMA ( German Mechanical Engineering Federation ) says that sequential sales and orders for Q1/2023 dropped 27% and 26% respectively for German solar PV equipment manufacturers. The drop was mainly due to drop in demand from the ‘home’ markets in the European Union (EU) . However, on a YoY basis, sales […] Read more
Hydrogen Project HyNCREASE in Germany Qualifies for European Grant Updated On Tue, Jul 18th, 2023 by Saurenergy The European Commission has picked out 41 projects to prepare grant agreements to enable firms dabbling in segments such as energy-intensive industries, hydrogen, renewable energy, and manufacturing components for energy storage and renewables. The EU has dedicated EUR 3.6 billion to enable the various firms to bring innovative technologies to the market. The grants are […] Read more
India Paves Way For Allowing Commercial Mining Of Lithium, Other Critical Minerals Updated On Thu, Jul 13th, 2023 by Saurenergy The Union Cabinet is now reported to have approved amendments to the Mines and Minerals (Development) and Regulation) Act to pave the way to allow commercial mining of Lithium and other critical minerals in the country. This comes months after India discovered reserves of Lithium in the Reasi district of Jammu and Kashmir and another […] Read more
LOHUM & Altigreen Sign Strategic Partnership for Low Carbon Recycling of 1 GWh EV Batteries Updated On Wed, Jul 12th, 2023 by Saurenergy LOHUM, a producer of sustainable energy transition materials and Altigreen, a manufacturer of commercial cargo electric vehicles, have announced a strategic partnership aimed at addressing the critical challenge of sustainable battery disposal in the electric vehicle (EV) industry. Under the partnership, LOHUM will recycle end-of-life batteries from Altigreen electric vehicles via its NEETM™ technology, recovering […] Read more
Magenta Mobility, Altigreen & Exponent Partner for 15-Minute Rapid Charging EV Fleet Updated On Tue, Jun 27th, 2023 by Saurenergy Magenta Mobility, an electric mobility and charging solutions provider, has joined forces with Exponent Energy, an energy-tech startup, and Altigreen Propulsion Labs, an electric commercial vehicle manufacturer. The partnership will see Altigreen’s neEV Tez powered by Exponent, that fully charges in fifteen minutes. This, along with Exponent’s e^pump network will empower Magenta to unlock higher […] Read more
S&P Commodity Insights Top 10 RE Market Trends in 2023 Updated On Wed, Jun 21st, 2023 by Saurenergy Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […] Read more
Mondragon Assembly to Develop Automated Manufacturing Line for Nithin Sai Renewables Updated On Mon, Jun 19th, 2023 by Saurenergy Mondragon Assembly, a provider of turnkey solar production lines, has received an order from Nithin Sai Renewables Pvt. Ltd., a subsidiary of Nithin Sai Constructions. Under this agreement, Mondragon Assembly claims that it will develop one of the most advanced and largest automated manufacturing lines in South India for Nithin Sai Renewables. The line will […] Read more
Toyota’s Big Bet On Advanced Solid-State Batteries Updated On Thu, Jun 15th, 2023 by Saurenergy Toyota announced on Tuesday its plans to incorporate high-performance solid-state batteries and other advanced technologies into their future electric vehicles (EVs) to improve driving range and reduce costs. For the Japanese and global auto major, solid state batteries have formed the lynchpin of a future push outside non-ICE vehicles with a technology and materials it […] Read more
