India’s leading Industrialised states continue to lead the solar push also Updated On Mon, Mar 21st, 2022 by Saurenergy The Indian renewables sector made many a strong effort towards advancement last year, with PM Narendra Modi committing to a new target of achieving net-zero carbon emissions by 2070. the nation continued to add green power capacity, and the country’s two richest business tycoons laid out plans to invest thousands of crores in the sector. […] Read more
AISIA Warns of Stockpiling of Solar Equipment, Seeks Safeguards Updated On Mon, Mar 21st, 2022 by Saurenergy Industry body AISIA, or the All India Solar Manufacturers Association, has warned yet again of the dangers facing India’s domestic manufacturers. In a letter to the MNRE minister, the AISIA states that domestic manufacturers have been operating at 30% capacity, and the situation places at risk thousands of jobs in India. Almost 125 manufacturing units […] Read more
Sungrow Inaugurates 10 GW Solar Inverter Manufacturing Facility in India Updated On Thu, Mar 10th, 2022 by Saurenergy Leading solar inverter maker Sungrow held a formal ceremony in New Delhi to inaugurate the expanded 10 GW annual manufacturing capacity of its plant in India. The company claims that the inauguration is a response to “Make in India” Initiative of Government of India and demonstrates Sungrow’s commitment to “Atmanirbhar Bharat”. The company believes that […] Read more
Nitin Gadkari Stresses On Domestic Manufacturing For EV’s Updated On Tue, Mar 8th, 2022 by Saurenergy Union Minister for Transport and Highways Nitin Gadkari has said that India at present wants an electricity-based technology that will enable mass rapid transportation which is not just cost-effective but will also be ‘Made in India.’ Nitin Gadkari was addressing the Silicon Valley monthly Dialogue (SVD) which is a series of dialogues that is launched […] Read more
Kimberly-Clark India adds 1.7 MW Solar plant Updated On Fri, Feb 4th, 2022 by Saurenergy Even as India has committed to a net zero target by 2070, expectations from corporates is naturally higher, as they are better resourced and agile. The $19.1 billion (FY 2020) Kimberly-Clark Corporation, through its Indian subsidiary, Kimberly-Clark India has a significant presence in the consumer market too, and now, seeks to lead the change when […] Read more
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
Solar Module Making Capacity Set to Soar 400% by FY25: Crisil Updated On Fri, Jan 21st, 2022 by Saurenergy India’s solar module manufacturing capacity is set to rise by almost 400 per cent by fiscal 2025, compared with fiscal 2021, said ratings agency Crisil. The trend will be supported via strong demand, favourable policies, likely improvement in energy efficiency, and price competitiveness, it said. Besides, with the government supporting domestic manufacturers through policy measures, […] Read more
Exide Industries Announces Lithium Cell Manufacturing Plans Updated On Thu, Dec 23rd, 2021 by Saurenergy India’s largest battery maker Exide Industries has announced its foray into lithium-ion (Li-ion) cell manufacturing with a multi-gigawatt plant planned soon. Exide also has a subsidiary Exide Leclanche Energy Private Limited (under the brand Nexcharge), where Exide recently increased its stake to over 80%. Currently, the firm has a 1.5 GW battery pack assembly plant […] Read more
US Grants $500M Financing To First Solar for 3.3GW Facility in Tamil Nadu Updated On Wed, Dec 8th, 2021 by Saurenergy U.S. International Development Finance Corporation (DFC) has approved up to $500 million of debt financing for First Solar, the largest American solar manufacturing company, subject to negotiations of definitive agreements. The DFC financing will support the company’s previously announced vertically integrated photovoltaic (PV) solar module manufacturing facility in Tamil Nadu, with a projected annual capacity […] Read more
