A Solar PLI Scheme Disregarding MSME Sector Could Lead To Cartel Like Situation In Solar Too Updated On Wed, Feb 2nd, 2022 by Saurenergy The announcement of the PLI scheme expansion from Rs 4500 crore till now by a further Rs 19,500 crores was the most notable one for the solar sector in the Budget for 2022. While widely welcomed, the move does raise an existential question for the hundreds of SME and MSME firms involved in the module […] Read more
200 GW Milestone Beckons For Solar Additions in 2022, Cheaper With Extra Storage, Says BNEF Updated On Wed, Feb 2nd, 2022 by Saurenergy Bloomberg New Energy Finance (BNEF) has predicted that the year 2022 will see the 200 GW milestone in a year for solar crossed for the first time. In 2021, photovoltaic systems with a combined capacity of 183 GW were installed across the globe, a 40 GW jump over 2020. The 2021 figures also came in […] Read more
Wacker Chemie Rides Polysilicon Boost To Double Sales in 2021 Updated On Tue, Feb 1st, 2022 by Saurenergy One of the earliest global polysilicon manufacturers, German chemical group Wacker Chemie made the most of the massive surge in demand, and prices for key solar raw material polysilicon in 2021, which hit a decade high during the year. The firm doubled its polysilicon sales boosting earnings even as it coped with higher raw material […] Read more
TVS Motor Acquires 75% Stake In Largest Swiss EV Company Updated On Mon, Jan 31st, 2022 by Saurenergy TVS Motor Company has acquired a 75% stake in the Swiss E-Mobility Group (SEMG), a provider of e-mobility solutions within the DACH region that operates the largest pure-play e-bike retail chain M-way in Switzerland with close to USD 100M in revenue. The $100 million all-cash deal has been made through TVS Motor’s Singapore Subsidiary, TVS […] Read more
Bescom to Set Up 63 More EV Charging Stations Under PPP Mode Updated On Mon, Jan 31st, 2022 by Saurenergy In a relief to electric vehicle owners, Bangalore Electricity Supply Company Ltd decided to set up 63 charging stations under public-private partnership model, according to recent media reports. Saying they have set up 136 EV charging stations — 106 AC and 30 DC chargers — in Bengaluru, in line with EV and energy storage policy, […] Read more
Niti Aayog Asks Railways to Create EV Infra at Stations Updated On Mon, Jan 31st, 2022 by Saurenergy Niti Aayog has suggested that railways should designate at least 20% of the parking capacity at railway stations or office complex for setting up electric vehicle charging bays or battery charging and swapping stations, and also install at least one EV charging point at each targeted manned level crossing and railway colony. The proposals are […] Read more
Longi, Trina, JA Solar Lead Global Module Suppliers in 2021 Updated On Thu, Jan 27th, 2022 by Saurenergy An analysis by PV InfoLink, a Taiwan based global photovoltaic analysis agency, the global module shipment ranking for 2021 is out. Topline results indicate that Canadian Solar(5), Q Cells (9) and First Solar(7) are the only non-Chinese firms in the top 10. The latest ranking is based on PV InfoLink’s supply and demand database. In […] Read more
Post IPO, LG Energy Makes Splashy Debut On Exchange, Stock Doubles Updated On Thu, Jan 27th, 2022 by Saurenergy LG Energy Solution, whose IPO we had covered last week, has had a rocking start to its journey as a listed firm, with the stock doubling on its first day of trading on the Korean stock exchange. Seen in the context of weak global markets and the fears of a correction, the listing gains are […] Read more
NTPC 3 GWh Tender For Renewable Storage Updated On Thu, Jan 27th, 2022 by Saurenergy NTPC’s renewable focused subsidiary, NTPC Renewable Energy has released a tender inviting developers for renewable storage systems across the country that will add up to 3000 MWh of supply. These systems would be connected to the ISTS grid too. The high minimum bid level indicates a search for large players able to execute at scale, […] Read more
