Fractal EMS and You.On Integrate Largest BESS in Brazil Updated On Mon, Jan 30th, 2023 by Saurenergy US based Fractal EMS Inc and You.On have announced that they have completed the integration of the largest battery energy storage system (BESS) in Brazil that has a capacity of The 30 MW/60 MWh. You.On is a Brazil based firm specialising in storage solutions. The official statement of Fractal EMS held that the BESS project […] Read more
EV Industry Pins Hopes on GST Cuts, Charging Infra, FAME, PLI for Budget 2023 Updated On Mon, Jan 30th, 2023 by Saurenergy Though at its nascent stage, the EV sector has witnessed colossal growth. 2022, in particular, was a sterling year for it as the sales registers kept ringing as consumers finally began investing their faith in electric vehicles. The sales figures in FY 22 more than tripled when pitted against FY 2021. Major announcements at policy […] Read more
NTPC Reports 5% PAT Growth YoY in Q3, Renewable Capacity Dominates Additions Updated On Sun, Jan 29th, 2023 by Saurenergy NTPC, which is India’s largest energy conglomerate, has shared its results for Q3. The entity has reported a net profit of Rs 4,854.36 crore for the October-December quarter of FY23 on Saturday, nearly 5 per cent higher as compared to Rs 4,626.11 crore in the year-ago period. The company’s board has also declared a Rs […] Read more
Norwegian Fund To Invest $62 Million In SAEL To Help Develop 3GW Renewables Updated On Fri, Jan 27th, 2023 by Saurenergy The new Norwegian Climate Investment Fund has said that it will be investing about NOK 600 million or $62 million (Rs. 500 crores) in equity in Sukhbir Agro Energy Limited (SAEL). As per the official statement of the fund, the investment will contribute to avoiding more than 2.8 million tons of CO2 emissions. Given the […] Read more
Enfinity Global, Statkraft Sign PPA For 191 Gwh Supply In Italy Updated On Fri, Jan 27th, 2023 by Saurenergy Global renewable players Enfinity Global and Statkraft have announced that they have signed a 10-year solar power purchase agreement (PPA) in Italy. As per the deal, the committed energy will be produced by a 112 MW utility-scale solar power portfolio owned by Enfinity Global. The official statement by Enfinity held that the solar power portfolio, […] Read more
Premier Energies claims to be the second largest integrated manufacturing facility in India Updated On Fri, Jan 27th, 2023 by Saurenergy Intersolar 2022, held at Gandhinagar, Ahmedabad, saw participation from a large number of leaders in the solar industry, even though the numbers fell drastically when compared to last year owing to the ongoing Gujarat Assembly Elections. Saur Energy International spoke to Chiranjeev Saluja, Managing Director, Premier Energies at the exhibition premises about the plans […] Read more
January ALMM List- 14 New Manufacturers, 6 From Gujarat Updated On Fri, Jan 27th, 2023 by Saurenergy The Ministry of New and Renewable Energy has released the latest AMM (Approved list of module manufacturers) for January 2023,and the list of manufacturers continues to grow. 14 new manufacturers make an entry in January, notably BHEL with a 214 MW approved capacity or its plant at Bengaluru. The only other notable entrants to the […] Read more
The Top 5: Challenges to EV Growth in 2023 Updated On Thu, Jan 26th, 2023 by Saurenergy The calendar year 2022 turns out to be a significant year for electric vehicles (EVs) with sales hitting new highs globally and in India. According to data available at the VAHAN portal, EV sales grew from 3.2 lakh units in 2021 to nearly 10 lakh units in 2022, a growth of over 200 per cent. […] Read more
Minigrid Pioneer Husk Power Turns Profitable After 14 Years Updated On Thu, Jan 26th, 2023 by Saurenergy Husk Power Systems, which pioneered the first renewable energy minigrid in India in 2008 and now operates the largest fleet of community mini grids across Asia and Africa, announced that it has achieved profitability on both continents. Husk is the world’s first minigrid company to achieve this major industry milestone. The company became EBITDA positive […] Read more
