Reliance Buys Sodium Ion Battery Firm, Faradion Limited in £100 Million Deal Updated On Fri, Dec 31st, 2021 by Saurenergy In a regulatory filing on December 30, Reliance Industries Limited has announced that its solar subsidiary, Reliance New Energy Solar Limited (RNESL), will buy UK based sodium ion battery technology provider Faradion Ltd for 100 million pounds including debt. Sodium Ion batteries have been considered a solid prospect for lower storage costs. Or as Faradion’s […] Read more
China’s Risen Plans $7 B Solar Factory Run on Clean Energy: Bloomberg Updated On Wed, Dec 29th, 2021 by Saurenergy Chinese PV manufacturer Risen Energy Co. is planning to build a 45 billion yuan ($7 billion) integrated solar power factory in Inner Mongolia that will run on clean energy, Bloomberg recently reported. The plant will produce materials across the supply chain from industrial silicon to finished solar modules, the company said in a Dec. 27 […] Read more
Electronics and Power Major Microtek Takes Aim At Solar Segment Now Updated On Tue, Dec 28th, 2021 by Saurenergy Microtek, one of the earliest manufacturers of monitors, followed by inverters and more in India, has set its sights on a major growth drive, and solar will be a key part of that. At a channel event in New Delhi, where the firm also set up a functional 18 KW system to showcase its prowess […] Read more
2021 Best Year in History for Solar in the EU: Report Updated On Mon, Dec 27th, 2021 by Saurenergy The 27 member states of the European Union saw around 25.9 GW of new solar PV capacity connected to their grids in 2021, an increase of 34% over the 19.3 GW installed the year before, a report by SolarPower Europe has found this month. This growth makes 2021 not only another record year for solar […] Read more
EV Charging Startup Charzer Ties Up with ADDA For Charging Stations In Apartments Updated On Mon, Dec 27th, 2021 by Saurenergy Bengaluru based EV charging infrastructure startup, Charzer has partnered with ADDA, a comprehensive society management system, to build EV charging infrastructure in apartment complexes and gated communities. By getting empanelled on ADDA Discover for Association Platform, in the first phase, Charzer will install smart EV charging stations across 1500 apartment complexes across India in the […] Read more
Could 2022 be Offshore Wind’s Year Of Acceptance and Growth? Updated On Mon, Dec 27th, 2021 by Saurenergy In our year end specials, we caught up on two key developments in the offshore wind space. ‘Farms’ located over 70 kms from shore, in China and in Europe, supplied their first power, and in the new year, are expected to go online formally. That these are located in two of the world’s key regions […] Read more
SECI Signs off 2021 With 1785 MW Tender Award At Rs 2.17/unit Updated On Sat, Dec 25th, 2021 by Saurenergy In a late announcement yesterday, the Solar Energy Corporation of India announced the bid winners of its 1785 MW Solar tender (Tranche IV) for Rajasthan, whose bid deadline was May 21, with a final winning price of Rs 2.17 /unit. The final winners list has a mix of PSU, private and foreign forms in it, […] Read more
Coal Demand Rises In India, IEA Says Net Zero Should Have Stronger Implications Updated On Fri, Dec 24th, 2021 by Saurenergy The IEA’s Coal 2021 report shares worrying insights for India. The global power generation from coal is expected to take a leap by 9% in 2021, after consecutively falling in the previous two years. An all-time high of 10,350 terawatt-hours is the demand so far. India is the second-largest producer, consumer and importer has received […] Read more
Andhra Govt Finally Withdraws 6400 MW Tender, Sticks With Buy From SECI Updated On Fri, Dec 24th, 2021 by Saurenergy In a move that was widely expected for the past few months, the Andhra Pradesh government has dropped its 6400 MW solar tender. the state government had tried to pull off its own tender with conditions separate from central tenders, to prove a point about its claim of paying too high a price for previous […] Read more
