India Below Asian Average in Electric Vehicle Penetration; CY 2022 Pegged at Just 1.1% Updated On Thu, May 18th, 2023 by Saurenergy As per a research by S&P Global Ratings, India’s EV penetration is a laggard in CY 2022 when compared against other Asian countries. The percentage of EV penetration in the said year was a mere 1.1%, signficantly lower than the Asian average pegged at over 17 per cent. Not surpisingly, the penetration of electric vehicles […] Read more
Acconia Energía, The Blue Circle Sign 436MW Thailand Wind Energy PPA Updated On Wed, May 10th, 2023 by Saurenergy Spanish renewable energy developer Acconia Energía has been awarded a Power Purchase Agreement (PPA) for five wind projects totaling 436MW in Thailand together with its participated company The Blue Circle. The Blue Circle is a wind energy player mainly focused on ASEAN markets. Acconia Energía said that the projects have been allocated through a tender […] Read more
China’s Exports Profile Shifts To Green As Li-Ion Batteries, EVs And Solar Batteries Step Up Updated On Fri, May 5th, 2023 by Saurenergy China, for long synonymous with cheap exports in categories like toys, apparel, home appliances and furniture has slowly but surely been changing the profile of its exports, with newer, higher value and tech intensive categories edging ahead. In fact, consumers might have already noticed that in categories like Apparel and Furniture, it is no longer […] Read more
Sunil Gupta Assumes the Role of CEO & Group CFO at Azure Power Updated On Fri, May 5th, 2023 by Saurenergy Independent Power Producer Azure Power has appointed Sunil Gupta as its new CEO (Chief Executive Officer) and Group CFO (Chief Financial Officer). The CEO is set to join the firm on July 10, 2023. He will be replacing the acting CEO, Rupesh Agrawal. Gupta will also step into the shoes of the Managing Director of […] Read more
Indian PV Modules Are Gaining Global Traction: Atul Kamathi, Grew Energy Updated On Tue, May 2nd, 2023 by Saurenergy Atul Kamathi is the Vice President (EPC) of Grew Renewables Pvt Ltd, an Indian solar module manufacturer. In a short-duration interview with Saur Energy at the sideline of ReneX exhibition in Hyderabad, Kamathi talks about the journey of the Grew, the likely future of the Indian module manufacturing sector, and others. A venture of the Chiripal Group, […] Read more
Aiming To Bring Down Energy Storage Costs: Manish Narula, Jinko Solar Updated On Mon, May 1st, 2023 by Saurenergy Manish Narula is the Executive Vice President of Chinese solar manufacturer–Jinko Solar (South Asia). In an exclusive interview with Saur Energy in Hyderabad, Narula talked about his company’s experiments with newly-started energy storage devices, bifacial solar panels, and the future of these in India. Excerpts: How has the experience of Jinko Solar been in India till now? […] Read more
Cleantech Forays Into Open Access Of Wind Power, Signs Pact For 25MW Wind Projects Updated On Wed, Apr 26th, 2023 by Saurenergy Cleantech Solar, a renewable energy company, has now marked its entry into the open-access segment of wind energy with its latest proposed wind energy projects. The firm, in its latest development, has signed an agreement with international industrial customers in Maharashtra and Tamil Nadu for its upcoming 25MW wind power projects in these states. As […] Read more
Global Lithium-Ion Battery Market To Touch USD 182.4 Billion by 2030: Report Updated On Thu, Apr 13th, 2023 by Saurenergy A report by Grand View Research, a US-based market research firm claimed that the global Lithium-ion battery market might reach USD 182.53 billion by 2030, registering a growth of 18.9 percent. With this, the sector would have an 18.9 percent compound annual growth rate (CAGR). The researchers claimed that the main thrust to the market would be […] Read more
Mitsubishi Signs $692 Million Loan Agreement for Laos Wind Project Updated On Tue, Apr 11th, 2023 by Saurenergy Mitsubishi Corporation has announced that it has signed a $692 million financing package for the Monsoon cross-border wind power project in Laos with the Asian Development Bank, Japan International Cooperation Agency, Sumitomo Mitsui Banking Corporation, and other lenders. This has been done with other project sponsors. Mitsubishi had previously announced that it was involved in […] Read more