Gensol Engineering Reports 24% Growth in PAT in H1 of FY24 Updated On Wed, Nov 8th, 2023 by Saurenergy Public-listed renewable company–Gensol Engineering Limited released its latest consolidated financial results for the first half of the year and quarter ending September 30, 2023. As per the financial statements of the firm, it reported an 88 percent increase in its revenue in the H1 of FY23 compared to the last H1 of FY23. Founded in […] Read more
Phase One of SOFAR’s New Smart Factory is Commissioned Updated On Tue, Nov 7th, 2023 by Saurenergy SOFAR, the global leading provider of PV & ESS solutions, recently commissioned the first phase of its brand-new manufacturing base in Huizhou, China. With this expansion, the company has significantly expanded its production capacity and intensified its focus on intelligent manufacturing practices. The first phase of new factory spans over 110,000㎡, with a total investment […] Read more
NTPC REL Announces Tender for Wind Project of 1080 MW Updated On Mon, Nov 6th, 2023 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has issued a tender inviting bids from eligible bidders on single stage two-envelope (including techno-commercial bid and price bid) basis for Balance of System package of ISTS connected wind energy project with nominal capacity of 1080 MW in Karnataka. The scope of work entails detailed design, engineering, micro-siting, manufacturing, […] Read more
Cosmic Aims To Tap Offshore Market To Offer OEM Services: Shravan Gupta, Cosmic PV Power Updated On Fri, Nov 3rd, 2023 by Saurenergy How has the journey of Cosmic been in the last two years? In the last two years, our journey was quite fascinating. We are growing at a 100 percent growth rate. The growth rate was even higher when the Approved List of Module Manufacturing (ALMM) provisions were in place which safeguarded the interests of Indian […] Read more
We Can Enter The C&I Inverter Segment Too If We Find The Market Suitable: Dipen Patel, Green Brilliance Updated On Thu, Nov 2nd, 2023 by Saurenergy Green Brilliance, a solar module manufacturer based out of Gujarat, has been into the manufacturing sector for the past 50 years. It also manufactures various types of current transformers, PTs, CRTs, and CSS which cater to the solar industry as well as the general electrical industry. Dipen Patel, Director, Green Brilliance talks to Saur Energy […] Read more
US Five Offshore Wind Projects Can Power 1.75 million Homes: Report Updated On Wed, Nov 1st, 2023 by Saurenergy The Biden-Harris administration recently approved the ‘Coastal Virginia Offshore Wind’ (CVOW) commercial project. This is the fifth approval of a commercial-scale, offshore wind energy project under President Biden’s leadership. This announcement supports the administration’s goal of deploying 30 Gigawatts (GW) of offshore wind energy capacity by 2030. Some other projects approved under this are the […] Read more
Amazon Crowned As Leading Renewable Energy Corporate Buyer in India Updated On Tue, Oct 31st, 2023 by Saurenergy IT giant Amazon is now the largest corporate buyer of renewable energy in India. The firm sealed this position soon after it launched a 198 MW wind farm in Osmanabad, Maharashtra. The said project is the firm’s 50th renewable energy project in India, which has helped it take its capacity beyond 1.1 GW in India. As […] Read more
Residential Costs Stayed Flat from 2020 to 2022 & then Declined in 2023: NREL Updated On Fri, Oct 27th, 2023 by Saurenergy The National Renewable Energy Laboratory (NREL) has released its annual report on ‘U.S. Solar Photovoltaic System and Energy Storage Cost Benchmarks.’ The report tracks the solar cost trends to support the U.S. Department of Energy Solar Energy Technologies Office. It aims to accelerate the advancement and deployment of solar technology and gives an account of […] Read more
Inlyte Gets $8 M For Cheap, Grid Scale Iron and Sodium Batteries Updated On Fri, Oct 27th, 2023 by Saurenergy Berkeley, California based Inlyte Energy announced its $8 million seed funding to be used to develop the first generation of its grid batteries made with the most abundant materials – iron and table salt. Inlyte’s solution leverages the proven design of the previously-commercialized sodium metal halide battery to create an energy storage system with high efficiency, […] Read more
