Reliance Backed Wafer Manufacturing StartUp NexWafe Plans 6GW US Manufacturing Plant Updated On Mon, Jan 29th, 2024 by Saurenergy German solar startup NexWafe GmbH, which counts India’s Reliance among its key investors, is considering a major expansion in the US with 6 GW of solar wafer manufacturing capacity there. Towards this end, NexWafe GmbH has established a U.S. subsidiary to evaluate the development of multi-gigawatt-scale solar wafer production in the U.S. with an initial […] Read more
Reliance To Build Green Energy Giga Complex Spread Across 5,000 Acres in Jamnagar Updated On Mon, Jan 22nd, 2024 by Saurenergy Reliance Industries Limited has commenced the construction of Green Energy Giga Complex in Jamnagar in western state of Gujarat. The complex is built across 5,000 acres of land in the Gujarat town, read the press release by the company. The Dhirubhai Ambani Green Energy Giga Complex will have five giga factories for Photovoltaic panels, Fuel […] Read more
Q3 Results-Sterling and Wilson Renewable Continues Recovery With Order wins Updated On Thu, Jan 18th, 2024 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWRE), one of the leading solar EPC and O&M solutions provider, announced its financial results for the quarter (Q3) ended 31st December 2023. Its consolidated loss in the third quarter (Q3) of FY24 stood at INR 63.7 crore compared to INR 101.2 crore year ago, and revenue rose 43 per […] Read more
1.5 GW Electrolyser Manufacturing Allocations Done, India Looks To Green Hydrogen Updated On Mon, Jan 15th, 2024 by Saurenergy SECI has announced the winning bidders for the Capacity Allocation under the RfS for Selection of Electrolyser Manufacturers (EM) for Setting up Manufacturing Capacities for Electrolysers in India under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Tranche-I). The firms under the head of capacity built using any stack technology, include Reliance Electrolyser Manufacturing, […] Read more
Reliance Announces Battery Plans With Launch of Swappable Batteries Updated On Thu, Oct 5th, 2023 by Saurenergy The REI Expo, where Reliance Industries has been marking presence gradually over the past two years with technologies it plans to introduce to the renewable sector finally saw the first formal product, in the form of swappable, multipurpose batteries for electric vehicles and home appliances from India’s largest private sector group. The batteries from Reliance, […] Read more
Brookfield & Reliance Join Hands for Green Energy Manufacturing in Australia Updated On Wed, Aug 2nd, 2023 by Saurenergy Brookfield Asset Management and Reliance Industries, India’s largest private sector enterprise and a Fortune 500 company, have entered into a Memorandum of Understanding (MoU) to explore opportunities for manufacturing renewable energy and decarbonization equipment in Australia. The primary goal of the MoU is to accelerate and de-risk Australia’s energy transition by fostering local production of […] Read more
Energy Transition and Clean Energy Investment in India Report – 10 Key Takeaways Updated On Thu, Mar 30th, 2023 by Saurenergy Several factors effect the green energy transition, such as the developmental aspect. However, the transition is becoming a reality. India’s largest Investment Banking franchise Avendus, in its latest report, Energy Transition and Clean Energy Investment in India, gives a picture of business segments emerging across the green economy value chain. The report also gives an […] Read more
Solar PLI Tranche 2 Allocations Released, 48 GW Of Domestic Manufacturing Capacity By 2025-26 Updated On Tue, Mar 28th, 2023 by Saurenergy The government of India has allocated 39600 MW of domestic Solar PV module manufacturing capacity under PLI (Tranche-II), or the Solar PLI scheme to incentivise domestic manufacturing. The PLI or Performance Linked Incentive scheme offers financial incentives to manufacturers for meeting specific milestones in sales, linked indirectly to capacity creation. The PLI (Tranche-II) is expected […] Read more
Sodium-ion Battery EV Takes Over: JAC Auto Unveils First EV of its Kind Updated On Wed, Mar 1st, 2023 by Saurenergy World’s first Sodium-ion Battery Powered Electric Vehicle (EV) has finally made its debut. A Chinese EV brand JAC Auto has unveiled an EV which has diverted its source of power from traditional Lithium-ion batteries to cheaper Sodium-ion batteries, one of the trending research themes in energy storage and innovations across the industry. The First Sodium-ion […] Read more
