Contract Electronics Manufacturing Giant Foxconn Mulls Over EV Hub in India Updated On Mon, Aug 14th, 2023 by Saurenergy Taiwanese firm Foxconn Technology Group is looking to capture the Indian market. The firm has set sights on capturing 5 per cent of the worldwide sales by 2025 and aspires to deliver between 500,000 and 700,000 EVs by the said year. The firm is intent on opportunities to make the country its third global hug […] Read more
Foxconn In Partnership With Gigasolar For EV Battery Components Updated On Thu, Jun 17th, 2021 by Saurenergy Taiwanese multinational electronics contract manufacturer, Foxconn announced a partnership with a solar cell material maker, Gigasolar Materials Corp., to develop electric vehicle (EV) battery materials. A Foxconn subsidiary has invested NT$995.2 million (New Taiwan Dollar) which is equivalent to USD 36 million, for the partnership with Gigasolar. The investment via a private placement through a […] Read more
Foxconn In Tie-up With PTT Thailand For Electric Vehicle Push Updated On Wed, Jun 2nd, 2021 by Saurenergy Foxconn Trading Group, popularly known simply as Foxconn, is a contract electronics manufacturing giant that is best known for being the largest vendor for Apple for its Iphones and more. The Taiwanese firm has plants in China, as well as a presence in India now. With aggressive plans to get into electric vehicle manufacturing, the […] Read more
Hexagon Peak and Inpos to Build Largest Rooftop Solar System in Vietnam Updated On Thu, Jul 23rd, 2020 by Saurenergy Hexagon Peak has entered into a PPA with NWIT for the largest rooftop solar system in Vietnam with a nominal power output of 6 MWp to be built by Inpos. Hexagon Peak, the project development arm of Hexagon Holdings Singapore, has announced that the company has entered into a long term Power Purchase Agreement (PPA) […] Read more
Indian Banks edgy, as Solar Companies fails to deliver Updated On Thu, Apr 14th, 2016 by Saurenergy What could make Prime Minister Narendra Modi’s plans of capitalizing $100 billion of solar power from foreign investments edgy? Indeed, an In-Flow and Out-Flow leeway of Investment and Finance. The global renowned US Company, SunEdison standstill on at least $1.4 billion of loans and credit facilities, is seeking to sell as much as 1 gigawatt(GW) […] Read more
Speculation of $120bn From Different Companies – “Make in India” Updated On Sat, Dec 19th, 2015 by Saurenergy The Modi Government is expecting its ‘Make in India’ project to be a noteworthy accomplishment, a source from the Department of Industrial Policy and Promotion (DIPP) uncovers that over 10 organizations have either dedicated or invested worth $120 billion. DIPP Secretary Amitabh Kant said: “We are certain that these submitted ventures will really stream in”. […] Read more
India, Japan and Taiwan Join Forces to Yield Solar Power in A.P at Record-Low Levy Updated On Wed, Dec 16th, 2015 by Saurenergy India’s Bharti Enterprises – SBG Cleantech, Japan’s SoftBank, Taiwan’s Foxconn has bagged a tender from NTPC under the National Solar Mission to generate 350 megawatts in the southern region of Andhra Pradesh. The trio has enrolled its first win in India’s exceedingly focused Solar Energy market. SBG Cleantech arranges $20 billion to invest in India’s […] Read more