Auto Component Hub Thailand Plans EV Package Updated On Wed, Feb 16th, 2022 by Saurenergy The Thai cabinet is considering tax cuts and subsidies to boost Thailand’s EV market. The idea is clear. To ensure that the South East Asian country remains a hub for component manufacturing, even as the era of ICE vehicles ends over the coming decade and more. The move comes even as Thailand faces a fresh […] Read more
After a bruising 2021, Wind Energy suppliers hope for a better 2022 Updated On Tue, Feb 15th, 2022 by Saurenergy 2021 was a difficult year for the Wind energy industry. Manufacturers were hit by rising costs, supply chain issues, and even low wind speeds. Heavyweights like General Electric (GE), Siemens, and Orsted, saw their profits dwindling in 2021. Impact on Businesses The impact on business in the wind energy was best exemplified by Siemens Gamesa, […] Read more
Lord’s Mark Industries, Kerala Automobiles to Jointly Produce EVs Updated On Mon, Feb 14th, 2022 by Saurenergy Mumbai-based Lord’s Mark Industries Pvt Ltd has entered into a joint venture (JV) with Kerala Automobiles Limited (KAL) for the manufacture of electric vehicles (EVs). The first production facility of the JV will be set up at Kannur in Kerala at an estimated investment of Rs 20-30 crore. Commercial production at the Kannur unit is […] Read more
Assistant Manager Updated On Mon, Feb 14th, 2022 by Saurenergy Test or evaluate photovoltaic (PV) cells or modules. Review specifications and recommend engineering or manufacturing changes to achieve solar design objectives. Perform thermal, stress, or cost reduction analyses for solar systems. Develop standard operation procedures and quality or safety standards for solar park. Provide technical direction or support to installation teams during installation, start-up, testing, […] Read more
India’s RE Capacity Addition Rose by ~80% in Q3 FY22: CEEW-CEF Updated On Thu, Feb 10th, 2022 by Saurenergy New capacity addition of non-hydro renewable energy increased to 3.4GW during the third quarter of FY22, compared to just 1.9GW installed in the same period last year, according to the latest edition of the CEEW Centre for Energy Finance (CEEW-CEF) Market Handbook. This is nearly an 80% rise in new renewable energy (RE) capacity addition […] Read more
Tata Power Net Profit Swells by 71% Signifying Comprehensive Growth Updated On Thu, Feb 10th, 2022 by Saurenergy The third quarter results of Tata Power in the current financial year is out and the company has posted a staggering 71% rise in the consolidated profits against the corresponding period of the previous fiscal. The renewable portfolio in terms of profit after tax (PAT) grew by 107% – all credit to their solar expansion. […] Read more
Tata Group declines to participate in ‘EV Battery’ PLI Scheme Updated On Wed, Feb 9th, 2022 by Saurenergy The Tata Group, which is a key player in the country’s transition to clean energy, has decided to not participate in the government’s massive Rs 18,100-crore production-linked incentive (PLI) for the EV Battery development in the country. The Tata Group found that the return on the risks involved in the segment looks unfavourable for them. […] Read more
Supply Chain Issues to Persist into 2023; Modernization Needed: IEEFA Updated On Wed, Feb 9th, 2022 by Saurenergy The latter half of 2021 saw the global supply chain struggle mightily. Disruptions stemming from the pandemic, labor shortages, cyberattacks, increased consumer demand for goods and other global factors collided to cause unprecedented bottlenecks and backlogs. Experts at Institute of Electrical and Electronics Engineers (IEEFA) predict that supply chain-related issues will persist into 2023, despite […] Read more
Boom In LFP Battery Use On The Way, But Not Without Hurdles Updated On Tue, Feb 8th, 2022 by Saurenergy With wider adoption by some of the industry heavyweights, Lithium Iron Phosphate or LFP battery technology is set to flourish in the very near future. Its growing acceptance in the global market has strengthened the technology’s foothold in the automotive industry. Strength of LFP It’s noteworthy that the transition will be much easier because of […] Read more
