Jindal India RE Targets BESS Market With 5 GWh Capacity Updated On Wed, Sep 18th, 2024 by Saurenergy Jindal India Renewable Energy, a part of the BC Jindal Group, announced its foray into the Battery Energy Storage Systems (BESS). The company plans to build 1 GWh battery pack assembly line with LFP chemistry by 2025 and will foray into battery cell manufacturing with 5 GWh capacity by 2027. To achieve this, the company […] Read more
PMEA Solar Tech Solutions Limited Files DRHP for IPO Updated On Tue, Sep 17th, 2024 by Saurenergy Mumbai-based PMEA Solar Tech Solutions, a manufacturer in the solar tracking and mounting products sector in India, has filed its draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The IPO with a face value of Rs 10 per […] Read more
Uttarakhand Proposes To Hike Rooftop Solar Tariffs Updated On Mon, Sep 16th, 2024 by Saurenergy The Uttarakhand Energy Regulatory Commission (UERC) has proposed increasing the generic tariffs for rooftop solar and small-scale solar plants for the financial year 2024-25. The state power regulator has also issued a draft paper and invited stakeholders to submit their views and objections by September 30. In its proposal, UERC cited lower solar module prices […] Read more
Solar Pump Maker Solartive Seeks A National Opportunity Updated On Mon, Sep 16th, 2024 by Saurenergy Fayyaz Ashraf,33, Director at Solartive is a man in hurry. Five years after he formally pushed into the solar water pump business, he has taken the small, Ranchi-registered firm through a massive transformation from hometown Chatra in Jharkhand, to the state capital Ranchi. The change has meant a transition from a basic 4×8 small shop […] Read more
Sungrow Unleashes Latest Solar, Storage, Green Hydrogen Solutions Updated On Fri, Sep 13th, 2024 by Saurenergy Sungrow, a global solar inverter and energy storage system provider, unveiled its latest portfolio of advanced solar, energy storage, and green hydrogen solutions at RE+ 2024 in Anaheim, on September 9-12. “North America continues to emerge as a crucial market for clean energy technologies, and Sungrow remains at the forefront, offering innovative, reliable, and future-ready […] Read more
Solarium Green Energy Limited Is BSE Bound, Files DRHP With BSE Emerge Updated On Fri, Sep 13th, 2024 by Saurenergy Ahmedabad-based Solarium Green Energy, specializing in Turnkey solutions for solar projects, including design, engineering, procurement, testing, installation, commissioning, transmission systems, and comprehensive O&M services, has filed its Draft Red Herring Prospectus with BSE SME in preparation for the IPO, The issue size will be of up to 55,00,000 Equity Shares. The objective of the issue […] Read more
Eastman Auto Sets Sights On Rooftop Solar, Last Mile Mobility With Key Leadership Changes Updated On Thu, Sep 12th, 2024 by Saurenergy Eastman Auto & Power Ltd. has announced key additions to its leadership team at Elevate, Eastman’s leadership meet. The event marked a milestone as the newly strengthened senior leadership of the company came together to collaborate, innovate and further accelerate Eastman’s journey towards its future as a leader in Last Mile E-mobility Solutions and Solar […] Read more
Senior Manager/DGM Procurement-Capex-Solar Manufacturing Updated On Wed, Sep 11th, 2024 by Saurenergy The incumbent will lead and oversee the procurement activities related to Capital Expenditures (CAPEX) for solar manufacturing business. This role will be responsible for developing and executing procurement strategies, managing supplier relationships, and ensuring the timely acquisition of materials, equipment, and services needed for CAPEX projects. He will play a key role in optimizing procurement […] Read more
Q2: US Residential Solar Adds 1.1 GW, Lowest Growth in Three Years Updated On Wed, Sep 11th, 2024 by Saurenergy United States (US) solar module manufacturing capacity now exceeds 31 gigawatts (GW). Solar manufacturing received nearly a four-fold increase since the Inflation Reduction Act (IRA) became law in 2022. According to the US Solar Market Insight Q3 2024 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, federal clean energy policies […] Read more
