STMicroelectronics Reports First Quarter Financial Results Updated On Thu, Apr 25th, 2019 by Saurenergy The company reported first-quarter net revenues of $2.08 billion, gross margin of 39.4%, operating margin of 10.2%, and net income of $178 million or $0.20 diluted earnings per share. STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, has reported its financial results for the first quarter ended March 30, 2019. […] Read more
Prioritise Electrification of 2 & 3 Wheeler Segment: Report Updated On Thu, Apr 25th, 2019 by Saurenergy The report brings insights and opinions from the country’s first multimodal e-mobility initiative, titled ‘Beyond Nagpur: The Promise of Electric Mobility’. A new report by the Ola Mobility Institute, a policy research and social innovation think-tank, offers insights from the shared mobility providers extensive electric vehicle operations in Nagpur to help devise business models, provide […] Read more
NITI Aayog Asks Oil Ministry To Help Install EV Chargers at Petrol Pumps Updated On Wed, Apr 24th, 2019 by Saurenergy NITI Aayog has directed the Petroleum Ministry to install EV charging infrastructure on 1000 petrol pumps The think-tank, NITI Aayog has asked the Petroleum ministry to help set up electric vehicle (EV) charging infrastructure at 1,000 petrol stations across the country. The industry executives, however, have doubts over the plan and say the move requires […] Read more
India’s Road Towards EV Adoption… Updated On Wed, Apr 24th, 2019 by Saurenergy When it comes to Electric Vehicles (EVs), India would certainly seem to be playing catch up with the rest of the world. Consider the fact that in China, they have already started worrying about a mini-bust in the sector, thanks to the huge number of startups and major players who have jumped in. Thus, even […] Read more
E.ON and Kyuden Mirai Energy to Co-Develop Offshore Wind Projects in Japan Updated On Wed, Apr 24th, 2019 by Saurenergy E.ON intends to transfer its experience and technical know-how from its 1.8 gigawatts (GW) installed offshore wind capacity from Europe to Japan. E.ON and Kyuden Mirai Energy have signed a cooperation agreement to jointly develop offshore wind projects in Japan. The cooperation is focused on fixed bottom projects and starts with a study to jointly […] Read more
CleanMax Solar Secures Rs 275 Cr Investment From UK Climate Investment Updated On Wed, Apr 24th, 2019 by Saurenergy Mumbai-based solar power developer CleanMax Solar has raised Rs 275 crore in equity funding from UK Climate Investments (UKCI). UKCI will underpin the development of a nationwide network of solar farms following the agreement to invest £30 million in one of India’s leading providers of renewable energy for commercial and industrial clients, CleanMax Solar. Founded […] Read more
Facebook, Dominion Energy to Add Six New Solar Facilities Updated On Tue, Apr 23rd, 2019 by Saurenergy Further, these solar projects are expected to become operational by mid-2020 and all of them are in addition to the two previously announced 240 MW solar projects. In a bid to go green with solar, social networking giant Facebook and US-based Dominion Energy has partnered to add 6 new solar facilities with total capacity of 350 MW. […] Read more
Rising Oil Prices. The Good And Bad for Renewables Updated On Tue, Apr 23rd, 2019 by Saurenergy Typically, sector enthusiasts for renewables don’t mind higher oil prices, as it helps make the case for renewables stronger. In fact, some of the biggest investments in EV’s were made when oil prices were threatening to spike to $75 plus levels. The situation is a lot more complicated today. As things stand, the renewables economy […] Read more
Interview with Mayank Mishra, Regional Sales Director, Huawei Technologies Co. Ltd. Updated On Mon, Apr 22nd, 2019 by Saurenergy Necessary to Put More Efforts on Innovation It is very much necessary to put more and more efforts in innovating the new solutions which can help our customers to get more value from solution. Currently Huawei Smart PV Business has five R&D (“Research and Development”) centers specifically for inverter products around the world with more […] Read more
