China’s Risen Energy Delivers Strong H1 Numbers with 51% Growth Updated On Wed, Sep 7th, 2022 by Saurenergy Risen Energy, part of the cohort of China based manufacturers of photovoltaic modules, has reported that its revenue in first half of 2022 has expanded 51.29 percent year-on-year to reach 12.615 billion yuan (US$ 1.83 billion). The net profit attributable to shareholders of the parent company rose 653.56 percent increase year-on-year to reach 505 million yuan (US$ 72.98 […] Read more
Norwegian Battery Startup Freyr Signs 38 GWh Battery Deal with Japan’s Nidec Updated On Thu, Sep 1st, 2022 by Saurenergy Norway-based next generation battery developer FREYR, and Japan-based energy storage system (ESS) and high-efficiency electric motors manufacturer, Nidec Corporation, have announced the finalization of an expanded 38 GWh battery cell sales agreement for the period 2025 – 2030. The companies have also agreed to form a joint venture, in which Nidec will hold a super-majority […] Read more
NIWE Invites Bids for LiDAR Sensors at Tamil Nadu Updated On Thu, Sep 1st, 2022 by Saurenergy The National Institute of Wind Energy (NIWE) has floated a tender for the supply, installation, and commissioning of an integrated floating buoy for mounting offshore light detection and ranging (LiDAR) sensors as well as meteorological and oceanographic sensors at three locations in the Gulf of Mannar off the coast of Tamil Nadu. The deadline for […] Read more
August ALMM Brings 4 GW Fresh Capacity Along with 8 New Manufacturers Updated On Tue, Aug 23rd, 2022 by Saurenergy The ALMM (Approved List of Module Manufacturers) list for Indian domestic manufacturers has been updated by the ministry of new and renewable energy. The latest update lists 66 companies in total, including 8 new module manufacturers with a cumulative capacity of 3,976 MW. Overall capacity has risen to just over 18 GW now. Rajasthan Electronics […] Read more
Canada, Germany All Set To Ink New Hydrogen Deal Updated On Tue, Aug 16th, 2022 by Saurenergy Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz are set to enter into an agreement on green hydrogen on August 23 at Stephenville. Once approved, this agreement will prove to be a turning point for Canada’s nascent hydrogen industry. Under the agreement, World Energy GH2, a Newfoundland-based company is planning to develop the […] Read more
Rethink Energy Predicts An End To Polysilicon Pain In 2023 Updated On Tue, Aug 16th, 2022 by Saurenergy The price of polysilicon is to fall steeply from the start of 2023, according to new Rethink Energy research tracking production capacity expansion plans announced by 19 Chinese companies. That, if it happens, will indeed be a relief for a solar sector buffeted by price volatility since 2021, a lot of it linked to polysilicon […] Read more
Reliance’s Ambani Singles Out Green Initiatives As Game Changer In Message To Shareholders Updated On Mon, Aug 8th, 2022 by Saurenergy Mukesh Ambani, Chairman and Managing Director at Reliance Industries, in his annual message to shareholders, has highlighted progress on the group’s green energy initiatives as a key area to watch for the future. The group, which had announced a commitment to invest $10 billion into it’s new energy initiatives in 2021, has made significant progress […] Read more
Adani Green Earnings Call Q1 FY23: Operational Capacity Growth Up To 5800 MW Updated On Thu, Aug 4th, 2022 by Saurenergy Kev revelations were made during the Q1 FY23 earnings call of the green arm of Adani Enterprises, Adani Green Energy Limited (AGEL). Here is a look at them- Capacity Growth On An Upward Trend The operational capacity growth on YoY basis has shot up by 65% to 5800 MW. This growth has been attributed to […] Read more
Tata Power’s Analyst Call Q1 FY23: Large-Scale Renewable Projects, Orders In Offing Updated On Wed, Aug 3rd, 2022 by Saurenergy Close on the heels of its announcement of Q1 FY 23 results, an analyst call of Tata Power has further shed light on the Q1 FY23 earnings of the power company. The participants of the call included Dr. Praveer Sinha, CEO and MD of TATA Power; Sanjeev Churiwala, CFO; Jinendra Patil, Financial Controller; Soundararajan Kasturi, […] Read more
