Sungrow Tops ESG Rankings in China Updated On Thu, Jan 27th, 2022 by Saurenergy Inverter major Sungrow has announced that the Company ranked first in the 2021 China Top 500 ESG Companies list released jointly by the well-known organization Sina Finance ESG Rating Center and CCTV-1 “Brand of Great Power” program. A strong ESG rating and ranking is increasingly helping firms benefit with a stronger brand perception and access […] Read more
Post IPO, LG Energy Makes Splashy Debut On Exchange, Stock Doubles Updated On Thu, Jan 27th, 2022 by Saurenergy LG Energy Solution, whose IPO we had covered last week, has had a rocking start to its journey as a listed firm, with the stock doubling on its first day of trading on the Korean stock exchange. Seen in the context of weak global markets and the fears of a correction, the listing gains are […] Read more
ABC’s Advanced Lead Acid Batteries Find a Taker In Greencore EV Stations Updated On Tue, Jan 25th, 2022 by Saurenergy Advanced Battery Concepts, LLC (“ABC”) and GreenCore EV Services LLC (“GreenCore”) have announced the signing of an Memorandum of Understanding (MOU) whereby ABC will begin supplying its patented GreenSeal® storage batteries to thousands of Solar Electric Vehicle (EV) Charging Plazas being installed by GreenCore across the United States. Under this arrangement, ABC will manufacture and […] Read more
Agrivoltaics Make Their Case For India Updated On Tue, Jan 25th, 2022 by Saurenergy It is a truism that no change is really big enough to matter, unless it impacts the agricultural sector in India. After all, even after 2021, the Agriculture and allied sectors account for over 50% of our workforce, and contribute a substantial 18% to the country’s GDP. With the highest amount of arable land in […] Read more
The Sodium Ion Batteries Behind Reliance’s $135 million Purchase of Faradion Updated On Sat, Jan 22nd, 2022 by Saurenergy When Reliance announced the outright purchase of UK based Faradion Limited on the last day of 2021, it was widely seen as one more brick in the renewable edifice that Reliance has committed itself to. The Faradion investment was the 6th major investment by the firm into technologies or competency in the renewable space. But […] Read more
LG Energy Solution’s $10.7 Billion IPO And Its Probable Impact Updated On Fri, Jan 21st, 2022 by Saurenergy The successful completion of LG Energy Solutions’s $ 10.8 billion IPO in South Korea values the battery maker at about $59 billion makes it the third largest listed firm on the Korean Kospi index, behind electronics giant Samsung and Hynix. The successful IPO signals just how large, and tough, the future of the battery business […] Read more
Sungrow Launches Storage Compatible 1.1 MW Inverter Updated On Thu, Jan 20th, 2022 by Saurenergy Hefei, China headquartered Sungrow has launched a new “1+X” central modular inverter with an output of 1.1MW at the World Future Energy Summit in Abu Dhabi. The inverter manufacturer, which has a manufacturing plant in India also, is a leading global inverter player. The central inverter launch comes even as the demand for central inverters […] Read more
Hydrogen Economy Hints at New Global Power Dynamics: IRENA Updated On Mon, Jan 17th, 2022 by Saurenergy Rapid growth of the global hydrogen economy can bring significant geoeconomic and geopolitical shifts giving rise to a wave of new interdependencies, according to new analysis by the International Renewable Energy Agency (IRENA). Geopolitics of the Energy Transformation: The Hydrogen Factor sees hydrogen changing the geography of energy trade and regionalising energy relations, hinting at […] Read more
Long-term Finance at Low Rates for Power, RE in Budget, expects ICRA Updated On Mon, Jan 17th, 2022 by Saurenergy Availability of adequate long-term financing at competitive rates is key in achieving India’s renewable goals, rating agency ICRA said as part of its pre-Budget expectations report. The Union Budget for FY23 will be tabled in the Parliament on February 1. The rating agency said that incentives and relevant policy measures are needed to promote investments […] Read more