Chinese Battery Giant CATL Announces 2022 Results, Almost Doubles Profit Updated On Mon, Mar 13th, 2023 by Saurenergy Chinese battery giant Contemporary Amperex Technology Limited (CATL) has announced its financial results and said that it almost doubled its net profit in 2022 due to the booming electric vehicle market at home. CATL said that its net profit increased by 93 per cent to $4.4 billion in 2022 year on year. The company disclosure […] Read more
ALMM Requirement For Solar Projects Deferred To April 2024 Updated On Fri, Mar 10th, 2023 by Saurenergy In a move that was as unexpected as seemingly inevitable, the MNRE(Ministry of New and Renewable Energy), in a late evening Office Memorandum, has declared that its orders for using only domestically approved modules in the Approved list of module manufacturers list (ALMM) will be held in abeyance till March 31, 2024. The ALMM order […] Read more
Chief of Unit Knowledge Management & Capacity Building Specialist Updated On Fri, Mar 10th, 2023 by Saurenergy Reporting to the Director-General (DG) or a designated officer, this is an outstanding opportunity for a driven, collaborative, and focused individual to join the ISA senior management team. As the Chief of Unit, Knowledge Management and Capacity Building unit, you will have a direct impact on the future of ISA’s strategic Direction. Your leadership will […] Read more
Power Ministry Prepares for Summer Peak; Coal and Gas to be Pivotal Updated On Thu, Mar 9th, 2023 by Saurenergy The Union Power Ministry has said that it has devised a multi-pronged strategy to ensure adequate availability of power during the upcoming summer months. Power and MNRE Minister RK Singh chaired a review meeting with senior officers from power sector, coal and railways to discuss aspects to meet the high electricity demand in the upcoming […] Read more
Startup on Smart Grid Applications Probus Smart Things Raises $3 Mn Updated On Thu, Mar 9th, 2023 by Saurenergy Probus Smart Things, a startup on IoT communications and data analytics focused on smart grid applications has raised $3 million. Unicorn India Ventures and Family Office from the US lent support to the startup to raise this amount. The round also saw participation from existing investors. Unicorn India Ventures is a Mumbai-based early stage fund […] Read more
CERC Rejects Change In Law Plea For BCD Demanded By Developers In SECI’s Tranche IX Solar Tender Updated On Thu, Mar 9th, 2023 by Saurenergy In the tariff approval plea filed by SECI (Solar Energy Corporation of India) for its tranche IX solar tender, where it had bid out 2000 MW of capacity in 2020, the CERC (Central Electricity Regulatory Commission) found itself analysing a range of issues. Be it the change in GST on key solar components, to increase […] Read more
Three Japanese Solar Projects of 42 MW Capacity Powered up by Canadian Solar Updated On Thu, Mar 9th, 2023 by Saurenergy Manufacturer of solar PV modules which also delves into large scale solar projects, Canadian Solar, has shared that three of its solar power projects based have achieved commercial operation in the first quarter of 2023. The cumulative capacity of these projects is 42 MWp. The said projects are located in Oita Kitsuki, Gunma Takasaki and […] Read more
Honda’s Zero Emission Stationary Fuel Cell Backing Up Power to Data Center Updated On Tue, Mar 7th, 2023 by Saurenergy Honda has announced that it has begun the operation of a stationary fuel cell power station – leveraging Honda’s hydrogen fuel cell technology expertise – on its corporate campus in Torrance, California on March 6, 2023. This would mark the beginning of the company’s future commercialization of zero-emission backup power generation. The initiative is a […] Read more
Germany’s AE Solar Plans EUR 1 Billion Solar Panel Facility in Romania Updated On Tue, Mar 7th, 2023 by Saurenergy Prime Minister of Romania Nicolae-Ionel Ciucă has met with AE Solar and Black Sea Universities Network representatives and German renewables player AE Solar has announced that it would open a factory for solar panel manufacturing in Romania. AE Solar also mentioned that the company will see an investment coming to the tune of EUR 1 […] Read more
