Chinese Battery Giant CATL Announces 2022 Results, Almost Doubles Profit Updated On Mon, Mar 13th, 2023 by Saurenergy Chinese battery giant Contemporary Amperex Technology Limited (CATL) has announced its financial results and said that it almost doubled its net profit in 2022 due to the booming electric vehicle market at home. CATL said that its net profit increased by 93 per cent to $4.4 billion in 2022 year on year. The company disclosure […] Read more
Utility Scale Solar Takes Biggest Hit in 2022 In US as 20.2 GW Fresh Capacity Added Updated On Fri, Mar 10th, 2023 by Saurenergy A report from the developer led industry body Solar Energy Industries Association and WoodMac says that the United States added 20.2 gigawatts (GW) of new solar capacity in 2022, a 16% decrease from 2021. This was due in large part to an investigation into new anti-circumvention tariffs by the U.S. Department of Commerce, as well […] Read more
“What is important is the intent; Capability can be built”, Shilpa Urhekar, Sterling & Wilson Renewable Energy Updated On Tue, Mar 7th, 2023 by Saurenergy Shilpa Urhekar is one of those rare professionals in the solar sector who have seen the sector evolve from its tentative origins, when a MW-sized project was a milestone, to the current shift, when GW-sized ambitions are at par for the course. The former Indian Air Force squadron leader has been involved with establishing module […] Read more
JK Cement to Offtake Green Energy from CleanMax’s Wind & Solar Farm Updated On Tue, Feb 28th, 2023 by Saurenergy JK Cement and CleanMax Enviro Energy Solutions have entered into a power purchase agreement (PPA) for 6.42 MW wind – solar generation capacity in the state of Karnataka. CleanMax delves into C&I renewable energy. As per the PPA, green energy will be provided from CleanMax’s wind-solar farm in Jagalur, Karnataka to JK Cement’s Muddapur factory. The […] Read more
SaurEnergy Explains-Regulatory Assets And Why They Matter To Power Sector Updated On Tue, Feb 28th, 2023 by Saurenergy The Union government last year pulled up all State Electricity Regulatory Commissions (SERCs) and the Joint Electricity Regulatory commission (JERC) relating to creating prohibited ‘regulatory assets’, and required them to come up with concrete plans for these assets’ liquidation. The centre also pressed the commissions to not approve any more dues as regulatory assets in […] Read more
“EV Policies At State & Central Level In India Are Very Encouraging”, Pankaj Goyal, Autonxt Automation Updated On Tue, Feb 21st, 2023 by Saurenergy The focus on EVs was accelerated from 2013 with the announcement of the National Electric Mobility Mission Plan 2020 (NEMMP), followed by FAME – I and II subsequently. India has now gained good momentum on the EV deployment with a focus on all segments 2W, 3W, commercial vehicles, and of course passenger vehicles (PVs) all […] Read more
China’s Solar Winners From 2022 Updated On Fri, Feb 10th, 2023 by Saurenergy As the largest solar energy producer in the world, China offers conducive conditions for the solar market. Last year, as installations surged worldwide, including almost 90 GW in China itself, Chinese suppliers of raw materials for solar panels emerged as the winners in the photovoltaic energy boom amidst rising prices. Reports say that some 31 […] Read more
Budget Reactions- Industry Hopes Green Credit, Transmission Focus And More Will Deliver Updated On Thu, Feb 2nd, 2023 by Saurenergy Budget 2023-2024, lacking any big ticket announcements save the focus on green growth has been welcomed guardedly by industry. Plaudits have come from the EV sector, where the exemptions granted for Lithium Ion battery manufacturing have been welcomed. However, solar developers have been left hoping that the focus on transmission will strengthen the grid, helping […] Read more
China Seeks To Limit Technology Access For Solar Manufacturing, In Move Aimed at India Updated On Thu, Feb 2nd, 2023 by Saurenergy China, which built its imposing, world dominating solar manufacturing sector with a combination of technology purchases from the west, academic partnerships and joint research, seems to have lost the appetite to allow others to do the same. The country, which leads in global solar markets with its manufacturing firms enjoying an almost 80% market share, […] Read more
