Govt Releases Framework For Promoting Energy Storage Updated On Mon, Sep 4th, 2023 by Saurenergy The Ministry of Power has now released a detailed framework for promoting energy storage systems (ESS) in the country. The framework includes the promotion of battery storage systems as well as pumped storage systems. The ministry guidelines advocated for a Viability Gap Funding (VGF) of up to 40 percent of the project’s capital cost to make […] Read more
Sungrow Reaches 15 GW Order Milestone in Latin America Updated On Mon, Sep 4th, 2023 by Saurenergy Sungrow, ranked by some measures as the leading inverter and energy storage system supplier, announced its cumulative PV inverter orders signed in Latin America have reached 15 GW, among which the primary momentum is Brazil with 10 GW, during Intersolar South America on August 29-31, 2023. In addition, the Company introduced several innovations including the new three-phase 220V string […] Read more
India’s Top 5 Module Manufacturers By Highest Module Efficiencies Basis ALMM List Updated On Fri, Sep 1st, 2023 by Saurenergy The Ministry of New & Renewable Energy has updated the Approved List of Models and Manufacturers (ALMM). The validity stands from March 10, 2023 to March 10, 2027. The ALMM list lays down the approved manufacturers whose modules can be used for government supported projects in India. Currently, there is a temporary exemption till March […] Read more
Reliance AGM Announcements- Carbon Fibre Manufacturing, Sodium-Ion Batteries, Wind Manufacturing Takes Shape Updated On Mon, Aug 28th, 2023 by Saurenergy In its much-awaited 46th Annual General Meeting (AGM) today, Reliance Industries Chairman Mukesh Ambani laid out a sprawling vision for the firm’s expansion into green energy. With the firm setting itself on a path to carbon zero by 2035, Ambani said, “We are accelerating our journey to become net carbon zero by 2035 through renewables and bio-energy. We are […] 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
Growatt Unveils New C&I Inverter ‘MID 33-50KTL3-X2’ for India Updated On Mon, Aug 21st, 2023 by Saurenergy Growatt, a global distributed energy solution provider, has established a development platform to enable the development of and iterate products efficiently. The firm, guided by its R&D team, has introduced its latest inverter– the ‘MID 33-50KTL3-X2’ , which, it says, is poised to address critical challenges faced by the rapidly developing photovoltaic (PV) industry. India […] Read more
Adani Green Meets Manufacturing Commitment, SECI Certifies Plant Updated On Fri, Aug 18th, 2023 by Saurenergy Adani Green Energy Ltd has informed the stock exchanges that its associate company, Mundra Solar Energy Ltd., has received approval for its solar photovoltaic plant from the Solar Energy Corp. of India. The renewables arm of the Adani Group received the commercial operational date certificate from SECI for solar PV cells and solar PV modules […] Read more
Rakesh Singh to Steer RenewSys as CEO- Encapsulants & Backsheets Updated On Thu, Aug 17th, 2023 by Saurenergy Rakesh Singh has been onboarded at RenewSys as the CEO – Encapsulants & Backsheets. Singh’s career spans 30 years in manufacturing, business excellence, Supply Chain Management, and domestic & international business. Rakesh’s previous stint was as the CEO & Executive Director at Mahindra Solarize. He has also worked with other firms such as Vickers System […] Read more