Author: Saur News Bureau

Polysilicon industry to experience severe cut-throat competition in 2018: Bernreuter Research

Bernreuter Research in its new report ‘Polysilicon Market Outlook 2020,’ has revealed that polysilicon industry will experience severe cut-throat competition in 2018. The research firm in its report states that half a dozen polysilicon manufacturers could be pushed out of business by the end of 2018. “Slowing demand from the photovoltaic industry on the one […]

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Demonetization hits solar power bids in Tamil Nadu

Demonetization has hit solar power tenders in Tamil Nadu with many developers unable to put down large volumes of cash needed to purchase the land required. Out of 500MW for which Tamil Nadu Generation and Distribution Corporation (TANGEDCO) floated tenders early this month, 20 bids for only 116MW have been received. For presenting a bid […]

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ACME Cleantech raises Rs500 crore from Piramal Enterprises Ltd: Report

ACME Cleantech Solutions Pvt. Ltd has reportedly raised Rs500 crore from Piramal Enterprises Ltd. According to Live Mint the investment in ACME was done by Piramal Enterprises’s Structured Finance Group. Speaking to the publication Nikhil Dhingra, group director for finance, ACME said “The funds are being used for funding the working capital requirements of the […]

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