Europe’s Big Battery Hope NorthVolt Files for Bankruptcy Formally Updated On Thu, Mar 13th, 2025 by Saurenergy Northvolt, the Sweden based battery maker that many in Europe saw as a future champion, has filed for bankruptcy in Sweden on Wednesday. Northvolt has reportedly raised has raised more than $14 billion, which clearly wasn’t managed too well, as the firm’s bankruptcy filing in the US in November last year demonstrated. “Northvolt has experienced […] Read more
Fraunhofer ISE Flags ‘Overstatement’ Of Output Claims By Module Manufacturers Updated On Thu, Mar 13th, 2025 by Saurenergy A research team from the Fraunhofer Institute for Solar Energy Systems ISE has evaluated over 70,000 power measurements on photovoltaic modules that have been carried out in the institute’s calibration laboratory, CalLab PV Modules, since 2012. In the process, the researchers found that since around 2017, the negative discrepancy between the performance data of the […] Read more
Jubilant Ingrevia, O2 Power Partner To Source RE For Manufacturing Facility Updated On Wed, Mar 12th, 2025 by Saurenergy Jubilant Ingrevia, a globally integrated Life Sciences & Speciality Chemicals company, signed a power purchase agreement with O2 Power through its wholly owned subsidiary Jubilant Infrastructure Limited for its SEZ Bharuch Manufacturing Facility. The contract comes one year after carrying out the same exercise at its manufacturing facilities in Savli, Gujarat and Gajraula, Uttar Pradesh, […] Read more
Green Stocks Mar 12: Less Red, More Green By Holi perhaps? Updated On Wed, Mar 12th, 2025 by Saurenergy Even as markets mostly stayed in the red, there was a splash of green on our pack today, as most stocks made up for a disappointing day yesterday. Leading the way were the larger developers Adani Green and NTPC Green, the former buoyed by news of another 250 MW of commissioning in Kadapa, Andhra Pradesh. […] Read more
India Must Aim For 600 GW Of Clean Energy By 2030: CEEW Updated On Wed, Mar 12th, 2025 by Saurenergy India needs to scale up to 600 GW of non-fossil-fuel capacity by 2030 to meet its growing electricity demand reliably and affordably, according to a new, independent Council on Energy, Environment and Water (CEEW) study launched at the National Dialogue on Powering India’s Future today in Delhi. The study, ‘How Can India Meet Its Rising […] Read more
SolaX Power to Launch Micro-Inverters for Indian Market Soon Updated On Wed, Mar 12th, 2025 by Saurenergy Global solar inverter brand SolaX Power is set to introduce its latest innovation—solar micro-inverters—tailored for the Indian market. The company is in the final stages of launching these inverters, specifically designed for smaller residential rooftop solar installations. The move gains significance with the introduction of the PM Surya Ghar scheme, which supports compact solar setups […] Read more
SWELECT Energy Secures 150 MW Module Order, Rises ₹290cr Updated On Wed, Mar 12th, 2025 by Saurenergy Solar energy company SWELECT Energy Systems Ltd today announced securing orders of over 150 MW for its TOPCon Bi-facial solar PV modules. Additionally, SWELECT Group has successfully raised ₹290 crore funding through Non-Convertible Debentures (NCDs) via a private placement with India Infradebt Limited, the company said. This move, secured against a portion of its Solar […] Read more
NGEL Invites EoI For 4 MW/12 MWh Solar Plus BESS Project In Great Nicobar Updated On Wed, Mar 12th, 2025 by Saurenergy NTPC Green Energy Limited (NGEL), an NTPC subsidiary, has issued a tender to build a solar plant with a Battery Energy Storage System (BESS) at Great Nicobar Island (GNI), India. NGEL through this EoI targets building a tentative planned capacity of up to 5 MW for the solar plant with a BESS capacity of up […] Read more
Vietnam’s Threat To Go Back On Tariff PPA’s Sends Chills Through Developers Updated On Wed, Mar 12th, 2025 by Saurenergy Vietnam’s decision to retroactively revise subsidised pricing rules for wind and solar energy has raised concerns among stakeholders in the industry, especially foreign investors. The move comes after Vietnam blew past its renewable addition targets between 2020-23 on the back of a generous Feed In tariff mechanism that made projects much more lucrative in the […] Read more
