Waaree Energies To Build 3 GW Module Manufacturing Facility in US Updated On Thu, Dec 21st, 2023 by Saurenergy Indian module manufacturer Waaree Energies announced that it would establish its first United States (US)-based solar module manufacturing facility in Houston. The facility in Brookshire will have the initial capacity to manufacture 3 gigawatts (G.W.) of solar modules annually by the end of 2024. Waaree plans to invest up to $ 1 billion over the […] Read more
Solis Confirms Leadership Tier With Tier 1 Status In BNEF Updated On Wed, Dec 20th, 2023 by Saurenergy Ningbo, China-based , Ginlong (Solis) Technologies, recognized as one of the foremost and largest inverter manufacturers globally, has ended 2023 with its inclusion in the BloombergNEF Tier 1 PV Inverter Manufacturers list for the fourth quarter of 2023. For Solis, this noteworthy acknowledgment caps what has been a tremendous year for the firm in China […] Read more
AmpIn Energy Transition appoints Amit Kumar Mittal as COO-C&I Business Updated On Wed, Dec 20th, 2023 by Saurenergy AmpIn Energy Transition (Formerly Amp Energy India), has appointed Amit Kumar Mittal as Chief Operating Officer (COO- C&I Business) in line with its growth & expansion plans. Ampin has been focused on the C&I (Corporate and Industrial) segment with a special focus on firms with clear goals of powering operations 100% renewable energy. Amit is […] Read more
BP Renewable Arm Lightsource bp Sells 1 GW Australian Portfolio To Chinese Firm Updated On Wed, Dec 20th, 2023 by Saurenergy Continuing its efforts to recycle its renewable asserts, Lightsource bp, the renewables focused arm oil and gas major bp with a heavy solar focus, has divested its 1GW solar portfolio in Australia to Beijing Energy International Australia, the local subsidiary of Chinese clean energy firm Beijing Energy. The portfolio consists of five projects, with three […] Read more
LG Chem Rides IRA Benefits to Set Up Largest Cathode Materials Plant in US Updated On Wed, Dec 20th, 2023 by Saurenergy LG Chem has commenced the construction of a cathode plant in the U.S., intending to establish a production hub for the global battery material market. The facility, located in Montgomery County, Clarksville, Tennessee, will locally produce cathode materials optimized for North American electric vehicles (EVs) and collaborate with key partners from development to supply chain. […] Read more
India’s RE Sector Saw FDI Equity Investment of USD 6,137.39 Mn in Last 3 Financial Years Updated On Wed, Dec 20th, 2023 by Saurenergy The Minister for New & Renewable Energy and Power, R.K. Singh, disclosed measures taken to entice Foreign Direct Investment (FDI) into India’s renewable energy sector. Currently, India’s FDI policy permits up to 100% investment in the renewable energy sector through the automatic route. According to the Department for Promotion of Industry and Internal Trade (DPIIT), […] Read more
Hindalco Joins Hands with USA’s C4V to Develop Battery Material Updated On Wed, Dec 20th, 2023 by Saurenergy C4V, a firm specializing in Li-Ion battery technology based in the United States, has entered into a Memorandum of Understanding (MOU) with Hindalco Industries. This agreement focuses on producing and delivering aluminum foils, coated foils, and structural components specifically tailored for Li-ion cells, serving the expanding market for EV battery materials. The collaboration’s primary objective […] Read more
PM KUSUM: Ambitions Continue to Overpower Ground Work in 2023 Updated On Fri, Dec 15th, 2023 by Saurenergy The Union Minister for New & Renewable Energy and Power R.K. Singh has informed that 2.73 lakh standalone solar pumps have been installed under PM-KUSUM as on October 31, 2023. Not surprisingly, Component A has barely seen installations, with Component C being disappointing. Component B has fared better relatively. Component A Installations Fail to Impress […] Read more
Delhi Adds 500 New Electric Buses, Total Numbers Touch 1300 Updated On Thu, Dec 14th, 2023 by Saurenergy Today, the Delhi government flagged off 500 new electric buses. With the addition of 500 new buses, the total number of electric buses in the national capital touched 1300, the largest number of buses in any city. Delhi Lieutenant Governor VK Saxena and Delhi Chief Minister Arvind Kejriwal attended the flagging-off event of the new […] Read more
