IREDA sanctions Rs 14,000 cr for RE projects in Maharashtra Updated On Mon, May 23rd, 2022 by Saurenergy Renewable energy projects finance company and government owned – Indian Renewable Energy Development Agency Limited (IREDA) – has announced that it has sanctioned loans of Rs 14,445 crore and has already disbursed more than Rs 10,000 crore in Maharashtra for renewable energy projects. IREDA and Mahratta Chamber of Commerce Industries and Agriculture (MCCAI) conducted a […] Read more
As US Continues Pressure On Chinese Manufacturers, Solar Growth Stalls Updated On Wed, May 18th, 2022 by Saurenergy The long running investigation into dumping, or imports from China into the US continues on its run, impacting firms, and now, it seems overall solar growth in the US in a big way. As one of the world’s largest solar export markets and one that offers higher margins than many, the US market has long […] Read more
As DGTR Recommends Extension of Duty on Solar Glass, Borosil Renewables To Benefit Updated On Tue, May 17th, 2022 by Saurenergy Anti dumping duties on Solar glass, first imposed in August 2017 for 5 years, are likely to continue for another two years, as the investigation arm of the commerce ministry, the Directorate General of Trade Remedies (DGTR), has recommended for continuation of anti-dumping duty on it for another two years. While the move seeks to […] Read more
MNRE Minister Bhagwant Khuba At Intersolar Europe Updated On Fri, May 13th, 2022 by Saurenergy Union Minister of State for Ministry of New and Renewable Energy, Bhagwant Khuba attended the Intersolar Europe 2022 held at Munich, Germany. The Minister delivered key note address at the investment promotion event on “India’s Solar Energy Market”. Bhagwant Khuba in his key note address said that ‘As Hon’ble PM Modiji’s ambitious Panchamrit targets set […] Read more
Hanwha invests $320M in cell, module mfg capacity expansion Updated On Thu, May 12th, 2022 by Saurenergy Hanwha Solutions, a Korean company that owns clean energy solutions provider Qcells, has announced a $320 million investment plan for solar manufacturing expansion in the United States and Korea with the aim of providing secure, cleaner energy amid mounting calls for energy security and net-zero emissions. Hanwha said it will seek to spend $170 million […] Read more
Borosil Renewables Plans To Become Largest Non Chinese Solar Glass Manufacturer Updated On Tue, May 10th, 2022 by Saurenergy Solar panel glass manufacturer Borosil Renewables has announced that it will invest Rs 1,500 crore over the next two years to expand its capacity by nearly 2.5 times and supply glass for 15 GW of solar modules by FY25. As of March 2022, India has around 15 GW of solar module manufacturing capacity. Due to stiff […] Read more
China Module Exports Grow 112% to 37.2 GW In Jan-Mar 2022, Thanks To Europe, India Updated On Fri, May 6th, 2022 by Saurenergy Export data from the China Customs compiled by Taiwan based researcher PV InfoLink shows that China exported 9.6 GW, 14.0 GW, and 13.6 GW of modules respectively in the first three months of the year, totaling 37.2 GW of export volume in the first quarter this year, a 112% of YoY increase. The numbers validate […] Read more
Former Tesla engineer-designed battery at Bengaluru startup gets European order Updated On Mon, Apr 11th, 2022 by Saurenergy In a boost to domestic manufacturing, one of the world’s most energy dense batteries designed by a former Tesla engineer for a Bengaluru-based battery startup has been picked up by a European renewable energy company, Eren Groupe, for its storage applications, the startup’s co-founder said on Sunday. The development has opened up possibilities of use […] Read more
Solar Cell Imports Close to Double in First 9 Months of 2021-22: R.K Singh Updated On Fri, Apr 1st, 2022 by Saurenergy New & Renewable Energy Minister RK Singh informed Parliament that the imports of solar cells in the April-January 2021-22 period were of $3,447 million which is a huge growth from the corresponding period of the last fiscal and most imports were from China. In terms of rupees the imports will come to around Rs 26,000 […] Read more
