Battery Materials Firm lands $100 m Grant From US DoE Updated On Thu, Nov 2nd, 2023 by Saurenergy Battery materials company Novonix has secured a $US100 million grant from the US Department of Energy which will support expanded production of synthetic graphite anode materials at its production facility in Tennessee. The company manufactures industry-leading battery cell testing equipment, is growing its high-performance synthetic graphite anode material manufacturing operations, and has developed an all-dry, […] Read more
Australian Fund Plans Polysilicon Manufacturing Hub, Launches Supply Chain Tracking Platform Updated On Thu, Nov 2nd, 2023 by Saurenergy Quinbrook Infrastructure Partners, a Queensland, Australia, based investment firm with a special focus on the energy transition, has announced an ambitious plan to establish a polysilicon manufacturing facility in Australia. The move, said to involve investments of $8 billion comes with the firm claiming that land for the project has already been identified in Townsville, […] Read more
Tata Power Appoints Deepesh Nanda As CEO & MD of TPREL Updated On Wed, Nov 1st, 2023 by Saurenergy Tata Power, one of India’s largest integrated power companies, today announced the appointment of Deepesh Nanda as President-Renewables and CEO & MD of Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, with effect from November 1, 2023. Nanda brings with him 28 years of experience across companies like GE, Flowserve and Tyco. […] Read more
Will Start Module Manufacturing By Nov: Shivam Gupta, Oswal Solar Structure Updated On Wed, Nov 1st, 2023 by Saurenergy Why Oswal Group wants to venture into solar module manufacturing? Oswal Pumps has a legacy of around 20 years in India. We are one of the leading manufacturers of solar pumps in the country. We have supplied more than 1.5 lakh motors till now. In the last few years, we have noticed a rising demand […] Read more
ISA’s Global Solar Facility Set To Receive Capital Aid of $35mn Updated On Wed, Nov 1st, 2023 by Saurenergy The International Solar Alliance (ISA) today announced that the Global Solar Facility (GSF), a payment guarantee fund formed by ISA to stimulate investments into solar power projects, is set to receive a capital contribution of $35 million dollars. The Global Solar Facility (GSF) is designed to catalyse solar investments in underserved segments and geographies across […] Read more
US Five Offshore Wind Projects Can Power 1.75 million Homes: Report Updated On Wed, Nov 1st, 2023 by Saurenergy The Biden-Harris administration recently approved the ‘Coastal Virginia Offshore Wind’ (CVOW) commercial project. This is the fifth approval of a commercial-scale, offshore wind energy project under President Biden’s leadership. This announcement supports the administration’s goal of deploying 30 Gigawatts (GW) of offshore wind energy capacity by 2030. Some other projects approved under this are the […] Read more
US Bipartisan Infra Law To Create $8.3bn In12 Years: DOE Updated On Wed, Nov 1st, 2023 by Saurenergy The Department of Energy (DOE) in the United State recently announced Twin States Clean Energy Link, the National Grid’s proposed transmission project. This project will support New England’s climate, clean energy, and energy security goals. This was selected as one of three projects nationwide to receive investment through the US Bipartisan Infrastructure Law’s Transmission Facilitation […] Read more
Servotech Sees Revenue Growth of 115.2% in Q2 FY24 Against Q2 FY23 Updated On Tue, Oct 31st, 2023 by Saurenergy Servotech Power Systems Ltd. (NSE: SERVOTECH), a manufacturer of solar products and electric vehicle (EV) chargers, as well as power-backup and smart power solutions, has disclosed its financial performance for the quarter ending September 30, 2023 during the Board of Directors meeting on October 30, 2023. The firm witnessed a revenue growth of 115.2% pegged […] Read more
Waaree’s Flexible Solar Offers Hopes For Solarising Transport: Neha Bansal, Dy Manager (R&D) Updated On Tue, Oct 31st, 2023 by Saurenergy What are the latest products Waaree is offering for solar consumers? We have come up with customized balcony PV systems where we are offering our modules along with micro inverters, AC-DC cables and others so that we can meet the needs of consumers living in apartments or high-rise buildings. They can use it to reduce […] Read more
