Troubled REC SiIicon Gets Offer From Hanwha Corporation Updated On Tue, Apr 29th, 2025 by Saurenergy Norwegian silicon maker REC Silicon has received a lifeline after years of financial troubles, but not without buyout some controversy. The Korean Hanwha Corporation and Hanwha Solutions, the entities with the highest shareholding in REC Silicon, have offered to buy out all other shareholders at NOK2.2 (US$0.21) per share through a newly established company, Anchor […] Read more
BC Jindal Forays Into RE Component Manufacturing With ₹4,000 Cr Investment Updated On Tue, Apr 15th, 2025 by Saurenergy BC Jindal Group has announced its entry into component manufacturing for renewable energy power generation. In the first phase of the project, the group aims to deploy an investment of Rs 4,000 crore to kickstart its renewable energy component manufacturing venture. This phase will include setting up 2 GW of solar cell manufacturing/ solar module […] Read more
Tender, Tariff, and Takers: 2024 A Brief Review Updated On Mon, Jan 6th, 2025 by Saurenergy The renewable energy landscape is witnessing a transformative shift, with bidding processes increasingly favoring innovative solutions like Round the Clock (RTC) energy, Firm and Dispatchable Energy (FDRE), and wind-solar hybrid (WSH) tenders. Notably, energy storage has emerged as a game-changer, becoming an integral component of many new tenders. According to an SBI Caps report, storage […] Read more
Repurposing Over Recycling A Big Opportunity In Last Two Years- Gaurav Dolwani, LICO Materials Updated On Mon, Dec 30th, 2024 by Saurenergy LICO Materials – A Mumbai-based Recycling Company in the lithium-ion battery supply chain is one of the cohort of recycling firms that will play a crucial role in India’s plans for recovery of critical materials such as lithium, cobalt, manganese, and nickel to be given back to battery manufacturers to give the materials a second […] Read more
Will India’s Lithium Battery Makers Be Next In Line For Protection From China? Updated On Tue, Dec 17th, 2024 by Saurenergy Following the extended trend of protective measures for solar PV manufacturing, and more recently, solar glass, Li-Ion (or LFP ) battery manufacturing could emerge as the next sector to receive similar support from the Indian government. State policies are increasingly being used as a tool to shield domestic industries from the challenges posed by inexpensive […] Read more
ReNew To Go Private? Key Investors Make Offer Updated On Thu, Dec 12th, 2024 by Saurenergy ReNew Energy Global, which got listed at the NASDAQ exchange in the US through the SPAC route back in 2021, could well go private next year, if its biggest investors, including founder Sumant Sinha have their way. A consortium with voting rights of 64% have offered to take the company private at $7.07 per share, […] Read more
US Investment Plan: Premier Energies To Wait For More Clarity On IRA Updated On Wed, Nov 13th, 2024 by Saurenergy Indian solar module and solar cell manufacturer Premier Energies has now planned to buy more time on its investment plan in the United States (US). The firm, which has planned to start its solar cell production line in the US now wants more clarity on the benefits under the Inflation Reduction Act (IRA) after the […] Read more
What The Green Industries Said About Budget 2024? Updated On Tue, Jul 23rd, 2024 by Saurenergy Hours after Finance Minister Nirmala Sitharaman announced the Union Budget 2024, the industry leaders also reacted to the budget announcements. Many of them talked about the benefits and challenges of the industry in the light of the announcements. The minister, in her budget speech talked about imposing Customs Duty on solar glass imports and include […] Read more
Waaree To Start Module Production In US From Sept: Hitesh Doshi Updated On Thu, Jul 18th, 2024 by Saurenergy From an initial module manufacturing capacity of 30 MW in Surat in 2007, Waaree Energies has come a long way indeed. And helming the company through that journey from 30 MW to 12 GW now, and counting, is its founder and CMD, Dr. Hitesh Doshi. Dr. Doshi has not only seen the solar sector take […] Read more
