REI 2023-5 things to Watch Out For This Year Updated On Tue, Oct 3rd, 2023 by Saurenergy This year’s Renewable Energy Expo at Greater Noida starts tomorrow, October 4, and as always, anticipation is high this year too. The Expo will be the 16th edition this year, and the teens promise to be its most active years yet. With over 200 exhibitors listed on the site, besides the concurrent The Battery Show […] Read more
Tata Power Places Cell Equipment Order With Robotechnik Updated On Fri, Sep 29th, 2023 by Saurenergy Suzhou, China-based maker of automated production equipment RoboTechnik Intelligent Technology, has bagged an order from Tata Power worth CNY165 million (USD22.6 million). The deal is apparently for cell manufacturing equipment, to be used at Tata’s upcoming 4.3 GW plant in Tamil Nadu. The plant has planned capacities for both cell and module manufacturing, having qualified […] Read more
Module Exports to India from China Slide from 9.8 GW H1 2022 to 2.3 GW in H1 2023 Updated On Thu, Sep 14th, 2023 by Saurenergy As per think-tank Ember, module exports to India from China have seen noteworthy slide. India is the only country to see a large fall in imports from China. The study finds that module exports to India declined by 76% (-7.5 GW) year-on-year, down from 9.8 GW in the first half of 2022 to 2.3 GW […] Read more
Zetwerk-owned Unimacts In Supply Deal With Nextracker With New US Plant Updated On Thu, Sep 14th, 2023 by Saurenergy US based Unimacts, which was recently acquired by Indian Infrastructure supplies unicorn Zetwerk, has entered a deal with Nextracker, a leading solar tracker and software solutions firm. A leading provider of industrial manufacturing and supply chain solutions, the new plant was opened at a Nextracker-dedicated manufacturing facility in Las Vegas. As SaurEnergy reported last week, […] Read more
Energy Storage in Focus in US as Multiple Firms Secure Support Updated On Mon, Sep 11th, 2023 by Saurenergy The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […] Read more
Global Perovskite Output Will Pass 2 GW Mark in 2026: Rethink Energy Updated On Wed, Aug 23rd, 2023 by Saurenergy Rethink Energy has released its latest report on Perovskites in photo voltaic systems, reflecting on how every indicator – manufacturing activity, equipment supply and successful pilots- indicating significant ramp in installed Perovskite systems from 2026 onwards, taking over the industry inside another decade. Future Estimates The report expects that global perovskite manufacturing output will […] Read more
ReNew Energy Q1 Analyst Meet- Focus On Derisking, Valuations Updated On Wed, Aug 23rd, 2023 by Saurenergy On the second anniversary of its NASDAQ listing, ReNew Energy Global had a very positive outlook to share with analysts. Be it the growth in portfolio by almost 3 GW, almost all of it comitted through PPAs, or the drop in average collection period from over 200 to 114 days, or a clear growth path […] Read more
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
IREDA Reports Net NPA Reduction, Profit Jump In Q1 Fy24 Updated On Wed, Aug 16th, 2023 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA), a Mini Ratna (Category – I) Government of India enterprise under the administrative control of Ministry of New and Renewable Energy, has reported an all-time high Quarterly Profit After Tax (PAT) of Rs. 295 crores and Profit Before Tax (PBT) of Rs. 440 crores in the 1st Quarter […] Read more