Tongwei Becomes First Chinese PV Maker in Fortune 500 List Updated On Mon, Aug 7th, 2023 by Saurenergy China’s Tongwei Group, a powerhouse in the solar manufacturing space made its debut on the Fortune 500 list of 2023 with a revenue of CNY 2148.82 billion and ranked 476th, becoming the first photovoltaic company in the world to enter the Fortune Global 500. At the same time, Tongwei Group ranked 34th on the Return on […] Read more
Waaree Energies Raises INR 1000 Crore in Second Round of Funding Led by ValueQuest Updated On Mon, Aug 7th, 2023 by Saurenergy Waaree Energies Limited (WEL), India’s largest solar module maker right now, has successfully raised a round of equity funding, amounting to approximately INR 1000 crore. The investment round was led by ValueQuest, an investment focused on sustainable and progressive ventures. Waaree Energies Ltd. had earlier raised a primary round of ~INR 1040 crore from a […] Read more
USA’s International Battery Company Sets Sights on Karnataka for $1 Bn Li-Ion Unit Updated On Wed, Aug 2nd, 2023 by Saurenergy The state of Karnataka has entered into an investment agreement with International Battery Company (IBC). The value of the agreement has been pegged at INR 80 billion rupees and will pave the way for setting up a battery manufacturing facility in the region. The manufacturing unit will be established across 100 acres in Karnataka, where […] Read more
Swiss Storage Firm Energy Vault Commissions First Gravity Energy Storage System In China Updated On Wed, Aug 2nd, 2023 by Saurenergy The world’s first grid-scale EVx™ gravity energy storage system (GESS) has entered the first phases of commissioning. Energy Vault Holdings, a firm that delves in sustainable, grid-scale energy storage solutions, has announced the commissioning of the project, along with its partners Atlas Renewable and China Tianying (CNTY). Located outside of Shanghai in Rudong, Jiangsu Province, […] Read more
Global e-Bus Market Soars As Nations Embrace Emission-Free Transportation Updated On Tue, Aug 1st, 2023 by Saurenergy A recent report on the global electric market claimed that the Greenhouse Gas (GHG) emission reduction targets pushed the international bus makers to opt for electric alternatives. The report was published by Reportlinker, a technology research and development company having expertise in artificial intelligence and machine learning. The report highlights the significant reduction in GHC […] Read more
Pimpri-Chinchwad Admin Releases Plan To Increase EV Adoption Updated On Fri, Jul 28th, 2023 by Saurenergy Electric Vehicle cell of the Pimpri-Chinchwad Municipal Corporation (PCMC), released the ‘Pimpri-Chinchwad City Electric Vehicle Readiness Plan’ on Wednesday, which proposes nine actionable solutions to transform the urban mobility landscape and further accelerate the EV transition of Pimpri-Chinchwad’s. This region lies at the periphery of Pune in Maharashtra. The plan created with the technical support […] Read more
Oil & Gas and Project Application Engineer Updated On Wed, Jul 26th, 2023 by Saurenergy The Asia Pacific team is delivering innovative energy solutions to the world and seeking a motivated Project Applications Engineer (PAE) to join our exciting Oil and Gas Business Development team. As a PAE, you are responsible for directing the Company’s internal activities associated with supporting the sale of new turbo-machinery packages for the Oil and […] Read more
Production Test Engineer Updated On Thu, Jul 20th, 2023 by Saurenergy Solar and Storage Solutions provides reliable, affordable and dispatchable integration of renewable energies. The business unit, part of GE Vernova, works with utilities and developers to create Solar and Storage Solutions power networks, which combine renewable sources, efficient energy storage and software to create a more predictable supply of renewable electrons. Roles and Responsibilities:- The […] Read more
Asia, America To The Rescue For German PV Machinery Makers Updated On Thu, Jul 20th, 2023 by Saurenergy A release from the VDMA ( German Mechanical Engineering Federation ) says that sequential sales and orders for Q1/2023 dropped 27% and 26% respectively for German solar PV equipment manufacturers. The drop was mainly due to drop in demand from the ‘home’ markets in the European Union (EU) . However, on a YoY basis, sales […] Read more
