IREDA CMD Announces Plans For An IPO At AGM Updated On Thu, Sep 30th, 2021 by Saurenergy Pradip Kumar Das, the Chairman and Managing Director (CMD) at the Indian Renewable Energy Development Agency (IREDA) announced plans to go for the institution to go for an initial public offering (IPO) soon at its 34th AGM yesterday. The CMD also informed shareholders about performance in 2020-21, when IREDA disbursed its second highest amount of […] Read more
Ford to Invest $11.4 B on EV Production in the US Updated On Wed, Sep 29th, 2021 by Saurenergy Michigan-headquartered multinational automaker Ford, along with its South Korean partner SK Innovation, plans to invest $11.4 billion electric vehicle production, creating nearly 11,000 new jobs at the Tennessee and Kentucky mega-sites. This will be the largest ever U.S. investment in EVs at one time by any automotive manufacturer, said the company. While Ford is stumping […] Read more
The Waaree Energies IPO Finally Moves Closer, Marks A Major Step for Manufacturers Updated On Wed, Sep 29th, 2021 by Saurenergy Mumbai-based Waaree Energies, India’s largest solar module manufacturer, has filed a draft red herring prospectus (DRHP) with markets regulator Securities and Exchange Board of India (SEBI) to raise Rs 1,350 crore via an initial public offer (IPO). The issue will also have an offer for sale by promoters. The news comes even as enough indications […] Read more
European Modules Emit 40% Less CO2 Than Chinese Ones, finds Study Updated On Tue, Sep 28th, 2021 by Saurenergy In a new study, researchers at the Fraunhofer Institute for Solar Energy Systems ISE have calculated that silicon photovoltaic modules manufactured in the European Union produce 40 percent less CO2 than modules manufactured in China. Using a life cycle analysis (LCA), the research team compared the CO2 footprint of monocrystalline solar modules manufactured in Germany, […] Read more
Global Solid State Transformer Market to be Worth Over $1200 M by 2027 Updated On Tue, Sep 28th, 2021 by Saurenergy The global solid state transformer (SST) market is likely to register a revenue of $1,246.4 million by 2027, at a CAGR of 26.0% during the forecast period from 2020 to 2027, finds new analysis by Research Dive. The report provides a brief summary of the current market scenario comprising major aspects of the market such […] Read more
6K Lands $51 M for Advanced Battery Material Dev Updated On Mon, Sep 27th, 2021 by Saurenergy Massachusetts-based 6K, which produces sustainable advanced materials for energy storage and additive manufacturing powders, has closed a $51M Series C financing round. With this investment, 6K will complete its Battery Development Center of Excellence, adding 33,000 sq ft of state-of-the-art product development space and doubling its 6K Energy team, said the firm. Funding will also […] Read more
Mercedes-Benz Buys 33% Stake in ACC Battery Project Updated On Sat, Sep 25th, 2021 by Saurenergy On its path toward an all-electric future, Mercedes-Benz is taking 33% stake in European battery cell manufacturer Automotive Cells Company (ACC) to scale up development and production of next-generation high-performance battery cells and modules, said an official statement. As announced in July 2021, Mercedes-Benz is expected to go fully electric by the end of the […] Read more
Data Scientist Updated On Fri, Sep 24th, 2021 by Saurenergy As a Data Scientist you will work in collaboration with our business and engineering people, on creating value from data. Often the work requires solving complex problems by turning vast amounts of data into business insights through advanced analytics, modelling and machine learning. You have a strong foundation in analytics, mathematical modelling, computer science, and […] Read more
UltraTech Cement Joins RE100, Target Still 2050 For Net Zero Updated On Fri, Sep 24th, 2021 by Saurenergy UltraTech Cement Limited, the largest manufacturer of grey cement, white cement and ready-mix concrete in India, has joined Climate Group’s RE100 initiative at Climate Week NYC 2021. As part of its commitment, UltraTech targets to meet 100 per cent of its electricity requirement through renewables sources by 2050. As the third largest cement manufacturer in […] Read more
