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Material Shortage to Increase Module Prices in 2021

The module makers eventually cannot bear the cost pressure anymore which is transmitted from upstream sector as material shortages continues ascend. This is reflected in the actions of almost all industry giants like JinkoSolar, Longi, JA, which reversed their price cut policy and raise their bid quotation, others have already notified their customers of the […]

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Will Module Price Skyrocket in 2021?

80% of the price of a PV module is based on the cost of raw materials. After Chinese New Year, glass price has not fallen a bit from its autumn highs while polysilicon continues to soar and the prices have been rising across the entire PV supply chain. Recently, from the bidding prices submitted by […]

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Euler Motors Closes its ‘Series A’ Investment Round at $9.5 million

Delhi-based electric last-mile logistic solutions provider, Euler Motors has announced that it has closed its Series A funding round at USD 9.5 million, with additional investments of USD 2.6 million from ADB Ventures and Blume Ventures. The investments were made by the ADB Ventures Equity Fund, which is ADB Ventures’ first investment fund in any […]

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1st Ever Indigenous HEMT That Could Revolutionise EVs, Transmission

A new High Electron Mobility Transistor (HEMT) has been developed that is a normally OFF device and can find use in EVs, power transmission, etc. A team of scientists from Bangalore has developed a highly reliable, High Electron Mobility Transistor (HEMT) that is a normally OFF device and can switch currents up to 4A and […]

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Electric Vehicle Demand in India More Than Doubled in the Last 3 Years

In a written reply to a question on electric vehicles (EVs) in the Lok Sabha, Minister of State for Heavy Industries Arjun Ram Meghwal said that the number of registered EVs as per the e-Vahan portal during the last three years has seen a consistent increase. As against 69,012 units of EVs sold in India […]

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MG Motors India Partners With IIT Delhi for Research in EVs & Automotives

The Indian subsidiary of Chinese automotive manufacturer, MG Motors India has announced its extended partnership with IIT Delhi. The partnership will facilitate the research at the Centre for Automotive Research and Tribology (CART) for ground-breaking research in the field of electric and autonomous vehicles. The partnership through Foundation for Innovation and Technology Transfer (FITT), IIT […]

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CESL Tenders for 10 Million LED Lamps Under Gram UJALA Program

A wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), Convergence Energy Services Limited (CESL) has invited bids from interested bidders for seeking private participation on a revenue-sharing basis for distributing 10 million LED Lamps under its Gram Ujala program. The last date to submit the bids is March 31, 2021, while a pre-bid meeting will […]

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FIMER Inverters Power Nepal’s Largest Solar Project

Fimer, the Italy based solar inverter maker that counts itself as the fourth-largest in the world confirms that Nepal’s largest private sector solar project with inverters supplied by Fimer, has been commissioned in the Dhalbekar region through Kushal Projects Nepal Pvt Ltd. The project size is 10 MW. Featuring FIMER’s central inverter PVS980-58 5MVA and 1MVA […]

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