Author: Saur News Bureau

REIL Issues Tender for Setting UP 100 MW SPV Module Manufacturing Line

A joint venture between the Government of India and the Government of Rajasthan, Rajasthan Electronics and Instruments Limited (REIL) issues tender/ has requested a bid to set up a 100 MW automatic solar module manufacturing line. This Automatic Solar Photovoltaic (SPV) module manufacturing line is on turnkey basis. Within seven months after the purchase order’s date, […]

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Denmark, Germany to Develop Bornholm Energy Island of 3 GW

The Danish Government has said that it will increase the energy producing capacity at the Bornholm Energy Island in the Baltic Sea by 1 GW (increasing it from 2 GW to 3 GW) and the power will be transferred to the German grid. This is happening because the government has signed two political pacts taking […]

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How Auto Ancillaries are Adapting to the New Normal

Rapid transformation in the digital space, especially following the pandemic disruptions in the adoption of new cutting-edge technologies, has also prompted the evolution of the automotive industry across the globe. In India, the auto component manufacturers have been re-shaping the industry by relentlessly chalking out strategies to expand their capacity and create skill set to […]

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Mahindra Launches New Electric 3-Wheeler with Starting Price at Rs 3.60 Lakh

Zor Grand, an entirely new electric three-wheeler from Mahindra Electric Mobility Limited (MEML), a member of the Mahindra Group, has been introduced recently. The vehicle’s starting price is Rs 3.60 lakh, ex-showroom Bengaluru. The innovative Li-ion battery technology used in the Zor Grand electric three-wheeler ensures a charging period of fewer than four hours and […]

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Harsh Shah Exits Azure Power; Rupesh Agarwal Steps in as Acting CEO

Leading renewable power producer in India, Azure Power Global Limited has announced the appointment of Rupesh Agarwal as its Acting Chief Executive Officer (CEO). Agarwal will take the reigns of the organisation from Harsh Shah, who has resigned as CEO with immediate effect. The Board will consider the appointment of a new permanent CEO in […]

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IKEA Owner- Ingka Group Buys 49% Stake in Swedish Wind Power Projects

Ingka Investments, the investment arm of Ingka Group that owns IKEA stores worldwide, has announced that it has acquired a 49 per cent share in three offshore wind development projects from OX2 in Sweden for a price of €58 million. The official statement of Ingka held that the power generating potential of the three offshore […]

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CEA Report: Prices for Polysilicon & Solar Modules Will Start to Fall in 2023

According to data by Clean Energy Associates (CEA), solar module prices for foreign markets are anticipated to decline in parallel with predicted decreases in polysilicon prices as of 2023. Due to higher-than-anticipated European purchase volumes and constrained polysilicon supplies, the quality assurance and supply chain management company disclosed that module costs that had gone up […]

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New South Wales Attracts $43 Billion Potential Investments For 17 GW Renewables

In what could be called as a great show of trust in the renewable sector, the New South Wales (NSW) state government (Australia) has announced that the Illawarra Renewable Energy Zone (REZ) has attracted A$43 billion worth of potential investments in response to a call for expressions of interest for large-scale energy and green manufacturing […]

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