Delhi-Based Servokon Enters Solar Energy Sector Updated On Tue, Feb 21st, 2023 by Saurenergy New Delhi-based Servokon Systems Limited that manufactures and supplies power conditioning equipment and power transformers has said that it has now embarked on a new journey to venture into the solar energy sector. The firm is starting with an entry into the EPC segment, which it hopes to follow with a move into manufacturing of […] Read more
Ola Electric to Make EVs, Batteries in Tamil Nadu with Investment of Rs 7,614 Crore Updated On Mon, Feb 20th, 2023 by Saurenergy The Tamil Nadu government has issued a statement that electric vehicle manufacturer Ola Electric will be investing Rs 7,614 crore ($920 million) in Tamil Nadu for the production of electric cars and batteries for electric vehicles (EVs). The investment of $920 million from the firm will come through its subsidiaries Ola Electric Technologies and Ola […] Read more
Romania Gets €259 Million EU Aid for Solar Panels & Battery Production Updated On Fri, Feb 17th, 2023 by Saurenergy Europe is speeding for timely transition to clean energy to avoid climatic changes. In a key development, the European Commission has approved a EUR 259 million scheme to support investments in the production, assembly and recycling of batteries, of photovoltaic cells and of panels in Romania. The new funding is approved under EU State aid rules […] Read more
SolarEdge Announces 2022 Financial Results; Revenues Up By 58% Updated On Wed, Feb 15th, 2023 by Saurenergy Smart energy technology provider SolarEdge Technologies has announced its financial results for the fourth quarter 2022 and full year ended December 31, 2022 revealing high growth in revenues. Fourth Quarter Financial Results In the last quarter, SolarEdge reported revenue of over $890 million which is up 6% from $836 million in the prior quarter and […] Read more
Vast Solar Gets $65 Million Funding from ARENA for Australia’s Concentrated Solar Plant Updated On Tue, Feb 14th, 2023 by Saurenergy The Australian Renewable Energy Agency’s (ARENA) has announced a funding of $65 million to renewable energy developer Vast Solar to help the firm deliver its VS1, the 30 MW/ 288 MWh concentrated solar plant in Port Augusta, South Australia. The funding is expected to create hundreds of jobs and be the catalyst for an Australian […] Read more
France Pushes Rooftop Solar With Mandate for Solar Parking Lots Updated On Thu, Feb 9th, 2023 by Saurenergy A parliamentary legislation for France that is as interesting as it is environment-friendly, seeks to mandate the installation of solar panels on car parks. This is mandatory for areas stretching over 1,500 square meters. Soon, it should be common to spot solar panels along the country’s large parking lots. Parking lots in fact, offer one […] Read more
Luminous Announces India’s First Green Solar Panel Manufacturing Facility In Uttarakhand Updated On Fri, Jan 27th, 2023 by Saurenergy Delhi-based Luminous Power Technologies has announced its new state-of-the-art solar panel manufacturing plant in the northern state of Uttarakhand. Located in the industrial region of Rudrapur, the state-of-the-art facility is equipped with the latest technology to design and produce high-quality solar panels that will be used for both residential and commercial applications. The new manufacturing […] Read more
SolarEdge Launches New Battery Cell Line for Stationary Energy Storage Updated On Thu, Jan 19th, 2023 by Saurenergy Israel-based maker of solar inverters, power optimizers and monitoring systems, SolarEdge Technologies has announced that its Energy Storage Division has begun shipping new battery cells designed for stationary energy storage applications. SolarEdge said in its official statement that the new line of Nickel Manganese Cobalt (NMC) pouch cells, manufactured at Sella 2, the Company’s new […] Read more
Pune’s Arenq Collaborates with Kerala Automobiles Ltd for EV Distribution, Batteries Updated On Wed, Jan 18th, 2023 by Saurenergy Pune-based Arenq, which claims to be India’s fast-growing manufacturer and distributor of storage batteries, has announced that it has forged a long-term partnership with KAL (Kerala Automobiles Limited), the public sector automobile manufacturing company. The partnership will enable the supply of motors, motor controllers, and batteries for all their vehicles. Together, the firms will also […] Read more
