With High Debts of Rs 370 Cr, Su-Kam to Face Auctions Updated On Sat, Aug 4th, 2018 by Saurenergy In April 2018, the tribunal admitted Su-Kam to be a Non-Productive Asset (NPA). In November 2017, SBI, owing to the high debts, had referred Su-Kam to the National Company Law Tribunal (NCLT) for bankruptcy proceedings. In April 2018, the tribunal admitted Su-Kam to be a Non-Productive Asset (NPA). Now up for bidding, Su-Kam has a […] Read more
Energy Storage Market in China to Post CAGR of 40% during 2018-22: Technavio Updated On Sat, Aug 4th, 2018 by Saurenergy The growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth. Market research Company, Technavio mentions in a report that energy storage market in China is expected to post Compound Annual Growth Rate (CAGR) of around 40 percent in the period 2018-2022. However, the growth momentum of the […] Read more
Tesla May Build New Factory in Europe Updated On Tue, Jul 31st, 2018 by Saurenergy The plan to build factory in Europe followed Tesla’s June revelation to construct a factory in Shanghai which would add to its production capacity. Major electric vehicle maker, Tesla is thinking to build a major factory in Europe following talks with officials of Germany and Netherlands. The new factory in Netherlands, if successfully built, is […] Read more
Renewables Supply 75% of Electricity in India by 2050: BNEF Report Updated On Sat, Jul 7th, 2018 by Saurenergy “By 2050, renewables supply 87 percent of electricity in Europe, 55 percent in the US, 62 percent in China and 75 percent in India.” The Bloomberg New Energy Finance (BNEF) in its latest New Energy Outlook 2018 (NEO) has forecasted that the renewable energy supply will account of 75 percent of electricity in India by […] Read more
Viz-A-Viz with Praveer Sinha CEO and MD, Tata Power Company Ltd Updated On Mon, Jul 2nd, 2018 by Saurenergy Q. As in recent quarters Tata Power’s renewable portfolio proved to be a boon for the financial health of the company. How do you see the future of the company’s renewable segment in the country in coming years? As Tata Power aims to achieve up to 40% of its generation capacity from non-fossil fuel by […] Read more
Possibility of Making India the Storage Manufacturing Hub (LI-ion Battery) Updated On Sun, Jun 17th, 2018 by Saurenergy As the world is advancing in shifting from fossil based energy to renewable energy India too is aspiring for the same. To match the pace, India would however need a strong and sustainable energy storage industry. Right from the electric vehicles to grid applications and telecom sector to solar storage, some of the major energy […] Read more
JLM Energy, N.E.R.D. Power Partner to Install First Post-Beta Residential Storage Projects in Arizona Updated On Fri, Jun 15th, 2018 by Saurenergy The company’s earlier installations focused on performance testing including successful performance in extreme summer heat. An energy technology company JLM Energy has partnered with N.E.R.D. Power on residential solar plus storage projects in Arizona. The company’s earlier installations focused on performance testing including successful performance in extreme summer heat. Phazr is an innovative distributed energy storage […] Read more
Viz-A-Viz with Debi Prasad Dash, Director – IESA Updated On Mon, Jun 4th, 2018 by Saurenergy Q. What are your thoughts about Li-ion battery future in India? Manufacturing of new technology batteries is at a nascent stage in India. There are no Li-ion cell manufactures in India but several companies like EXCIOM, ACME, Delta, Coslight and Future hi tech batteries have established Li-ion assembly plant in India. At least five major […] Read more
French Guiana Region to Install World’s Largest Power Station with 140 MWh Renewable Energy Storage Updated On Sat, Jun 2nd, 2018 by Saurenergy Power plant will generate 100% renewable energy, delivering steady, competitively-priced electricity supply, 24/7 to over 10,000 households in French Guiana. HDF (Hydrogène de France) has announced the launch of a world first in the history of renewable energy with the creation of its CEOG project (French Western Guiana Power Plant). The project harnessed via HDF’s […] Read more
