Waaree Energies Raises INR 1000 Cr Through Private Funding, Drops IPO Plans Updated On Thu, Oct 6th, 2022 by Saurenergy Waaree Energies Limited, India’s leading solar panel manufacturer, has raised around Rs 1000 crore from various investors through private funding. The promoters also participated in this equity raise at the same valuation. The proceeds will be used for expansion plans of the firm to augment its manufacturing capabilities in India from 2 GW to 9 […] Read more
Coping With Volatility- The New Reality Of EPC Contracts Updated On Thu, Oct 6th, 2022 by Saurenergy Engineering, procurement and construction (EPC) firms are operating in an environment of uncertain, complex and ambiguous conditions. They are hit hard by rising commodity prices and cost escalation, exacerbating pressure on margins. The need of the hour is to work transparently and find collaborative solutions to arrive at win-win solutions to manage volatility. Total installed […] Read more
Inverter Major Solis Builds On Strong India Performance With REI Presence Updated On Mon, Oct 3rd, 2022 by Saurenergy The Renewable Energy India Expo 2022 (REI 2022) concluded its three-day run in Greater Noida, Uttar Pradesh from September 28 to 30, 2022. For solar Inverter major Solis, which has had a very strong performance in the past few years in the Indian market, it was an opportunity to highlight its technical strength by showcasing […] Read more
Updated ALMM Manufacturer List For September Updated On Fri, Sep 30th, 2022 by Saurenergy The ALMM (Approved List of Module Manufacturers) list for Indian domestic manufacturers has been updated by the Ministry of New And Renewable Energy (MNRE) once again after last month’s (August 2022) list. This latest update lists (September 2022) 75 companies in total, including 8 new module manufacturers with a cumulative capacity of 1,411 MW. Overall […] Read more
Mercedes-Benz to Build 100 MW Wind Farm In Germany Updated On Mon, Sep 26th, 2022 by Saurenergy Global auto conglomerate Mercedes-Benz has said that it will build a wind farm at its test track in Papenburg, Germany. The auto-maker held that the output of the wind farm will be more than 100 MW which will cover over 15 per cent of the annual electricity demand of Mercedes-Benz Group AG for the German […] Read more
Qcells Launches Heating, Energy Solutions for European Energy Problems Updated On Mon, Sep 19th, 2022 by Saurenergy South Korea-based Qcells, a major manufacturer of photovoltaic solar cells, has announced the introduction of a ‘comprehensive energy management solution’ which it claims can help reduce electricity and heating bills of the European households. Qcells is a clean energy solution provider owned by Hanwha Solutions. The official statement of Qcells held that connecting its solar […] Read more
Deutsche Bahn, Kia Partner To Convert Used Batteries Into Storage Systems Updated On Fri, Sep 9th, 2022 by Saurenergy The Korean automaker Kia and Germany’s Deutsche Bahn (DB) have announced a partnership to increase the useable life of batteries used in electric mobility. Their solution is to re-use used lithium-ion batteries from electric vehicles to create efficient and cost-effective energy storage systems for green electricity. The official statement says that the second-life battery energy […] Read more
China’s Risen Energy Delivers Strong H1 Numbers with 51% Growth Updated On Wed, Sep 7th, 2022 by Saurenergy Risen Energy, part of the cohort of China based manufacturers of photovoltaic modules, has reported that its revenue in first half of 2022 has expanded 51.29 percent year-on-year to reach 12.615 billion yuan (US$ 1.83 billion). The net profit attributable to shareholders of the parent company rose 653.56 percent increase year-on-year to reach 505 million yuan (US$ 72.98 […] Read more
UAE Govt’s Masdar Announces Financial Close on Uzbekistan’s 500 MW Wind Project Updated On Mon, Sep 5th, 2022 by Saurenergy UAE-based global renewable energy developer Masdar has announced in Tashkent that it has achieved financial close on the 500 MW Zarafshan wind project in Uzbekistan, which is the country’s first utility-scale wind farm. Masdar entered into bilateral agreements with the Government of Uzbekistan in 2020 to develop, build and operate the Zarafshan wind farm, the […] Read more
