Tata Green Switch Project Provides Access to Green Electricity in Jharkhand Updated On Thu, Jul 28th, 2022 by Saurenergy The primary provider of financial services for the Tata Group, Tata Capital has developed and launched the “Green Switch Project,” a CSR initiative. The distant areas of Jharkhand’s Simdega district will receive consistent and uninterrupted green electricity through this initiative. Under this Green Switch project, Tata Capital will provide clean home power to far-flung tribal […] Read more
From $316.05M To $530.2M, Enphase Almost Doubles Revenue in Q2 2022 Updated On Thu, Jul 28th, 2022 by Saurenergy California-based microinverter manufacturer Enphase Energy has announced its consolidated results for the second Quarter ending June 2022. Enphase reported a 42.2% non-GAAP gross margin & $530.2 million in revenue in the second quarter of 2022, while the second quarter of 2021 was $316 million along with a 40.8% non-GAAP gross margin. In Q2 of 2022, Enphase […] Read more
Firmware development Sr Engineer Updated On Wed, Jul 27th, 2022 by Saurenergy The required profile will be in charge of Firmware development for Solar Central Inverters. He/she will focus on application-level programming in C++, build & test automation in Python. ACTIVITIES:- Write & maintain code in C++ for solar central inverters while following FIMER coding guidelines Write Build & Test Automation scripts in Python for automating build […] Read more
GM And LG Joint Venture To Get $2.5 Billion Federal Loan For US Battery Plant Updated On Wed, Jul 27th, 2022 by Saurenergy Ultium Cells – the new joint venture by General Motors and LG Energy Solutions is expected to give a fillip to lithium ion battery cell production in America after the US Department Of Energy (DOE) has announced granting it a loan of $2.5 billion. The DOE has said that is in the process of reviving […] Read more
APTEL Provides Relief To CSP Developers On Force Majeure Grounds Updated On Wed, Jul 27th, 2022 by Saurenergy In an important judgement that will hopefully close the chapter on a festering dispute, the Appellate Tribunal for Electricity (APTEL) has allowed multiple developers stuck with Concentrated Solar Thermal (CSP) projects to get relief from liabilities, caused due to lower DNI (Direct Natural Irradiance) than they had assumed when bidding. The developers impacted include Godavari […] Read more
Nordex Group To Supply Turbines For 148 MW Wind Farm In Finland Updated On Wed, Jul 27th, 2022 by Saurenergy The Nordex Group has announced that a consortium comprised of the Finnish energy utility Helen Oy and Alandsbanken Wind Power Fund has commissioned the Nordex Group to supply and install 25 N163/5.X turbines for the 147.5 MW Karahka Wind Farm in Finland. The official statement held that the order also includes the Premium Service for […] Read more
Unigel Builds First Industrial-Scale Green Hydrogen Plant in Brazil Updated On Wed, Jul 27th, 2022 by Saurenergy Chemical conglomerate and multinational Unigel has announced that it has installed the first industrial scale green hydrogen plant in Brazil. Unigel has invested a total of $120 million in the development of the production site for green hydrogen that relies on the Thyssenkrupp Nucera technology which it calls to be world-leading. Unigel will start production […] Read more
Moto Business Service Forays Into EV With FullFily Updated On Wed, Jul 27th, 2022 by Saurenergy Moto Business Service India (MBSI), a leasing firm of Yamaha Motors, has announced its decision to enter into a partnership with Chennai-based FullFily, marking its foray into electric two and three-wheelers asset management services. The terms and conditions of the proposed partnership devolves upon Moto Business Service India (MBSI) the responsibility to manage electric two […] Read more
With 90% Growth In PAT In Q1 FY23, Tata Power Rides 48% Jump In Revenues Updated On Tue, Jul 26th, 2022 by Saurenergy One of India’s largest integrated power companies, Tata Power has today announced its results for Q1FY23 reporting a 90% YoY increase in consolidated quarterly PAT as compared to Q1FY22, registering its 11th consecutive year-on-year quarterly growth in PAT. Quarterly Highlights – Q1FY23 Tata Power’s consolidated PAT before Exceptional Items is up by 90% at ₹884 crore […] Read more