Inox Green Acquires Wind O&M Firm I-Fox Windtechnik, Enters Multi Brand O&M Business Updated On Fri, Feb 3rd, 2023 by Saurenergy Renewable energy conglomerate Inox Green Energy Services Limited (IGESL) has said that it has acquired a majority stake in I-Fox Windtechnik India that will help the company in its wind energy business. Inox Green is a subsidiary of Inox Wind. With this, Inox has entered the market for multi brand O&M services in Wind Energy. […] Read more
Polysilicon Maker REC Silicon In 10 year Deal With Hanwha In US For Supplies Updated On Fri, Feb 3rd, 2023 by Saurenergy Norwegian Polysilicon manufacturer REC Silicon has entered into a 10-year agreement with South Korean conglomerate Hanwha Solutions to offer fluidised bed reactor (FBR) polysilicon. REC’s two U.S.-based plants have a capacity of more than 20,000 MT of high-purity polysilicon. Readers will recall that the US had imposed severe restrictions on sourcing modules from firms that […] 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
Budgetary Allocation for Solar Sees Upward Thrust, But Wind Slumps Updated On Thu, Feb 2nd, 2023 by Saurenergy Finance Minister Nirmala Sitharaman has placed eminence on green growth in Budget 2023-24. Consequently, a slew of announcements and schemes have been announced. Off-grid and grid-connecting solar projects as well as PM-KUSUM has also see a major increase in budgetary allocation. An outlay of Rs 7327 crore has been approved towards the scheme for both […] Read more
Budget 2023 Offers No Surprises, Focus On Continuity Updated On Wed, Feb 1st, 2023 by Saurenergy Read more
Budget 2023 Offers No Surprises, Focus On Continuity Updated On Wed, Feb 1st, 2023 by Saurenergy With the budget presented, it’s time to make a quick assessment of what it had for the renewable energy sector. With Green growth made a key pillar of the 7 focus areas for the government, it does seem like the government is looking at a broader push like enabling ease of doing business, skilling, rather […] Read more
Solar EPC: After Strong 2022, Industry Looks Ahead To Continuity in 2023 Updated On Tue, Jan 31st, 2023 by Saurenergy The Indian Solar EPC market looked good in the year gone-by as several EPC projects, both government and private, took off in 2022. Interestingly, even as large EPC firms with a global footprint like Sterling and Wilson Renewable Energy struggled with projects where they were on the hook for fixed price contracts, bearing heavy losses, […] Read more
Australia & Germany Collaborate for Solar Powered Methanol Project Off Australia’s Port Augusta Updated On Mon, Jan 30th, 2023 by Saurenergy Australian cleantech company Vast Solar has revealed that the company along with the Solar Methanol Consortium have been selected to receive A$ 19.48 million and EUR 13.2 million from a collaboration between the Australian and German Governments for the development of a green methanol demonstration plant, SM1 in Port Augusta, South Australia. Vast Solar claims […] Read more
JV Forged Between Delhi’s Omega Seiki Mobility & USA’s Li-Ion Cell Manufacturer iM3NY Updated On Mon, Jan 30th, 2023 by Saurenergy Omega Seiki Mobility (OSM), a part of the Anglian Omega Group has announced a joint venture with iM3NY, a prominent battery technology player in the US. The JV will pave the way to bring battery cell technology in the Indian market- a first such from the subcontinent, the firms claim. OSM had previously signed a […] Read more
