After Inox, Swelect Energy Resumes Module Manufacturing at B’luru Plant Updated On Mon, Apr 27th, 2020 by Saurenergy Hours after the announcement of Inox Wind opening up all three of its manufacturing plants, solar energy products manufacturer Swelect Energy Systems Ltd too announced the resumption of operations at its solar photovoltaic (PV) modules manufacturing plant located in Bengaluru effective from April 25, 2020. Most of the companies across the country had earlier in […] Read more
MNRE Extends ALMM Deadline to 6 Months amid Disruptions from COVID-19 Updated On Wed, Apr 8th, 2020 by Saurenergy In a series of providing relief to the renewable energy firms which are facing a new range of challenges presented by coronavirus pandemic, the Ministry of New and Renewable Energy (MNRE) has extended the deadlines for the approved list of models and manufacturers (ALMM) i.e. both List-I for solar photovoltaic (PV) modules and List-II for […] Read more
mPower Raises Addl $1.85 Mn in Series A Funding Updated On Wed, Mar 25th, 2020 by Saurenergy New Mexico headquartered innovative solar technology solutions provider, mPower Technology has raised an additional USD 1.85 million in Series A funding. Now, the company has an aggregate investment of USD 4.35 million in Series A round of funding. The company said that this extension round included investments from Cottonwood Technology Fund, NMA Ventures, and various angel investors. On investing in mPower, […] Read more
Demand for Domestic Products Increased After China’s Covid-19 Incidence: Yash Jain Updated On Wed, Mar 25th, 2020 by Saurenergy Solar panel prices, production, and supply are poised to continue to be in turmoil in the midst of the Coronavirus outbreak. Yes, the demand for domestic products have increased tremendously after China’s COVID-19 incidence. However, the industry is also facing shortage of raw material as compared to the demand. Also, we are coming up with […] Read more
Renewables Industry Confused due to Lack of Advisory on Coronavirus: FICCI Updated On Fri, Mar 20th, 2020 by Saurenergy FICCI claims the Renewables industry in India is in a state of confusion due to the lack of advisory from ministries and departments regarding coronavirus The Federation of Indian Chambers of Commerce and Industry (FICCI) in a note has described that the Renewables industry in India is in a state of confusion regarding the next […] Read more
Jinko Signs one of its Biggest Distribution Agreements in Brazil Updated On Fri, Jan 24th, 2020 by Saurenergy Jinko Solar Holding and Aldo Solar have announced a long-term partnership in one of the most important distribution deals signed by Jinko Solar in Brazil Jinko Solar Holding, one of the largest and most innovative solar module manufacturers in the world, and Aldo Solar, which stands out among the leading distributors of solar power equipment […] Read more
There is Huge Potential for Cell and Wafer Manufacturing in India: Manish Gupta Updated On Wed, Jan 22nd, 2020 by Saurenergy Indian solar market has an immense potential with an average demand of 10 GW per year. India has set an ambitious plan for solar with a target of 100 GW capacity by 2022. Currently, the wafer production capacity in India is Nil and cell manufacturing capacity is nearly 3.5 GW. Of this only 1.50 GW […] Read more
Industrial and Commercial Photovoltaic Power Stations Enter the Grid-Parity Era Updated On Thu, Oct 10th, 2019 by Saurenergy According to the BNEF analysis report, the current installed capacity of China’s industrial and commercial rooftop PV market has exceeded 200 GW. As urbanization continues to advance, this number is likely to reach 300 GW by 2040. ‘IV scan + high-end configuration’ helps Industrial and Commercial Photovoltaic power stations enter the grid-parity era: With the […] Read more
KUSUM Scheme Greatest Setback for Small Manufacturers: Vikas Jain Updated On Wed, Oct 9th, 2019 by Saurenergy KUSUM scheme will be the greatest setback for Indian solar manufacturers in the SME/MSME category. Small manufacturers are not eligible to meet the qualifying turnover condition for the scheme. KUSUM scheme was long awaited but we are highly disappointed to see the terms. We have already submitted our representation to the concerned authorities, says Vikas […] Read more
