COVER STORY: India Eyes Historic Rise Of Solar Cell Manufacturers Updated On Thu, Nov 28th, 2024 by Saurenergy So far, 2024 has been a remarkable year for the Indian solar industry. Not only has it met expectations so far in terms of capacity additions, it has also delivered a huge fillip to the rooftop solar sector, thanks to PM Surya Ghar and new momentum in promising schemes like PM-KUSUM, besides record additions in […] Read more
News In Brief Nov 21: ADB, Solomon Islands & Tonga Sign Agreements, Scatec, Biden-Harris Administration Awards Updated On Thu, Nov 21st, 2024 by Saurenergy ADB, Solomon Islands, Tonga Sign Agreements for Sustainable Energy Transition Projects at COP29 The Asian Development Bank (ADB) and the governments of Solomon Islands and Tonga have signed grant and loan agreements for energy projects on the sidelines of COP29. The ADB-supported projects will help the Pacific countries to transition from dependency on diesel fuel […] Read more
Recycling Can Cut Lithium, Nickel Demand By 25% Globally By 2050: IEA Updated On Mon, Nov 18th, 2024 by Saurenergy The recycling of battery metals is emerging as a significant commercial opportunity, with the production of recycled metals such as nickel, cobalt, and lithium witnessing rapid growth, albeit from a low base. According to the recent report by International Energy Agency (IEA) recovered metal volumes rates relative to the available feedstock for recycling surged to […] Read more
Lohum Inducts Exide Energy’s Arun Mittal As CEO Updated On Thu, Nov 14th, 2024 by Saurenergy Lohum, India’s largest producer and processor of sustainable critical minerals and one of the largest outside China, has announced the appointment of Arun Mittal as the new Chief Executive Officer (CEO) of Lohum India, a part of Lohum Corporation, effective immediately. Mittal joins from Exide Energy, where he served as Managing Director & CEO. Mr. […] Read more
Indian Solar Module Exports Surged 23 Times Since FY22: IEEFA Report Updated On Mon, Nov 11th, 2024 by Saurenergy India is making significant progress in transitioning from a net importer to a net exporter of solar products. In Fiscal Year (FY) 2024, Indian solar manufacturers exported approximately US$2 billion worth of solar modules. The solar module export value of PV modules from India increased by more than 23 times in just two years between […] Read more
US Lifts Anti-Dumping Order On Al Imports From India Updated On Tue, Nov 5th, 2024 by Saurenergy The US International Trade Commission (USITC) recently determined that the US industry is not materially injured or threatened with material injury by imports of aluminum extrusions from India, China, and 14 other countries. The other countries include Colombia, Ecuador, Indonesia, Italy, Malaysia, Mexico, South Korea, Taiwan, Thailand, Turkey, the United Arab Emirates, and Vietnam. The […] Read more
More Indian Module Makers To Setup Manufacturing Centers In US Updated On Thu, Oct 24th, 2024 by Saurenergy The interest of Indian solar modules is now rising to invest in the United States (US) in the solar business. Bolstered by the hand-holding support of the government there to support the domestic production of solar cells and solar modules in the country, the investments in US in the sector is set to rise. This […] Read more
Q2 Results: Sterling & Wilson Renewable Reports Higher Revenues, PAT Updated On Mon, Oct 14th, 2024 by Saurenergy Public-listed renewable energy company Sterling & Wilson announced its financial results for Q2 of FY25 today. The consolidated financial results showed an increase in total revenues and net profits. The company reported total revenue of Rs 1,064 crore in Q2FY25, compared to Rs 927.89 crore in Q1FY25 and Rs 776.73 crore in Q2FY24. This represents […] Read more
IRENA Report On Renewable Jobs Claims 18% Jump In 2023 Updated On Thu, Oct 3rd, 2024 by Saurenergy 2023 saw the highest ever increase in renewable energy jobs, from 13.7 million in 2022 to 16.2 million, according to the newly released Renewable Energy and Jobs – Annual Review 2024 by the International Renewable Energy Agency (IRENA) and the International Labour Organization (ILO). The 18% year-on-year leap reflects the strong growth of renewables generating capacities, together […] Read more