Odds of Relief for Large Solar Developers In India Continue To Increase Updated On Wed, Oct 13th, 2021 by Saurenergy Weeks after iterating his goal to push domestic manufacturing using every tool at his command, Power and MNRE Minister R.K. Singh faces a stiff test of resolve. The ‘perfect storm’ of events that was considered all but impossible till 12 months ago has come to pass, and the government will soon need to take a […] Read more
Developers, Indian Government May Need To Discuss Solar’s Perfect Storm Soon Updated On Mon, Oct 4th, 2021 by Saurenergy As China moves with rolling power cuts and energy cutbacks to industries across key provinces, provinces like Jiangsu, which host some of the largest solar manufacturers, have been included in the cutbacks. The power cuts have been necessitated by a coal shortage/high cost coal, rising gas prices, a push for controlling overall emissions and more, […] Read more
“Low Ceiling Tariff Has Impacted the Participation of Farmers and Developers in PMKUSUM” Updated On Tue, Sep 14th, 2021 by Saurenergy SAEL Limited has emerged as a key solar EPC in North India, with an established capacity of 350 MW already in place. The firm is currently setting up 300MW fully automated Module Manufacturing Facility at Firozpur, Punjab. This will also Manufacture EV Chargers as well as Li-Ion Batteries for EV Market. We got in touch […] Read more
Chennai-Based Lucas TVS Plans 10 GWh Battery Gigafactory in Tamil Nadu Updated On Fri, Sep 3rd, 2021 by Saurenergy Lucas TVS, the Chennai-based auto components major that is part of the TVS group has signed an agreement with 24M’s advanced ‘SemiSolid’ electrode technology. 24M has built its reputation on the promise of a lithium-ion battery manufacturing process that is more modular, efficient and low cost. Spun out of MIT, it already has partnerships with […] Read more
Battery Startup Log 9 Materials Raises $5 million from Amara Raja Batteries Updated On Mon, Aug 9th, 2021 by Saurenergy Bengaluru-headquartered advanced battery-tech Log 9 Materials has announced an equity partnership and collaboration with Amara Raja Batteries (ARBL), one of India’s largest manufacturers of industrial and automotive batteries. The deal involves an investment of $5 Million from Amara Raja Batteries during its ongoing Series A+ funding round. For ARBL, the investment follows the announcement of […] Read more
SECI Finally Finds The First Buyer for Manufacturing Linked Tender- GRIDCO Updated On Thu, Jul 29th, 2021 by Saurenergy Late last week, SECI (Solar Energy Corporation of India) announced the first power supply agreement (PSA) in connection with its manufacturing-linked solar tenders, floated in November 2019. These were won by Adani Green and Azure Power finally. Signed in Bhubaneshwar between SECI and GRIDCO Limited (or Grid Cooperation of Odisha), a subsidiary of Odisha Electricity […] Read more
India Planning Bids for 4 GWh of Grid-Scale Battery Storage System Updated On Tue, Jul 20th, 2021 by Saurenergy In an attempt to make the country’s electricity green, the Indian government is planning to invite bids for setting up around 4 GWh (4000 MWh) of grid-scale battery storage system at regional load dispatch centres (RLDCs), according to an announcement made by the Minister of Power and New and Renewable Energy, Raj Kumar Singh. The Union […] Read more
Bill Gates-Backed US Firm to Pour $300 M in India’s Module Production Updated On Wed, Jun 23rd, 2021 by Saurenergy US-based 1366 Technologies has plans to invest $300 million to set up a 2 GW solar wafer and cell manufacturing facility in India under the government’s production-linked incentive (PLI) scheme. The firm produces silicon wafers by casting them in their ultimate shape directly in a mold, rather than the prevailing standard method in which wafers are […] Read more
Amara Raja Aligns Itself With Electric Mobility For Growth Updated On Mon, Jun 14th, 2021 by Saurenergy Hyderabad-based Amara Raja Batteries Ltd. (ARBL), which has emerged as the no. 2 battery manufacturer in the country, is looking to ensure it continues on the growth path. It’s board has approved the launch of several strategic initiatives to take advantage of fast emerging new opportunities to accelerate growth and enhance stakeholder value. ARBL has […] Read more
