South India’s Second Big Renewable Push Starts Now Updated On Mon, May 30th, 2022 by Saurenergy Introduction Back in 2014-15, when the new government of Prime Minister Modi first took stock, and hiked India’s renewable energy target 5 fold to 175 GW by 2022, a number of assumptions were made. From the share of solar (100 GW), to the share of rooftop solar within that (40 GW), Wind energy (60 GW) […] Read more
Waaree Energies Receives NCLT’s Nod For Acquisition of Indosolar Ltd. Updated On Fri, May 27th, 2022 by Saurenergy Waaree Energies Limited, a leading solar PV module manufacturer in India, has received formal approval from the National Company Law Tribunal, Delhi Bench (NCLT) on 21st April 2022 for the resolution plan submitted by it towards the acquisition of Indosolar Limited, a manufacturer of solar cells, under the corporate insolvency resolution process (CIRP) initiated by the lenders […] Read more
WAAREE Energies Builds Order Pipeline Worth $2.37 billion Updated On Thu, May 19th, 2022 by Saurenergy Waaree Energies Limited, one of the major players in the solar energy industry in India focused on photo-voltaic (PV) module manufacturing has bagged new orders worth USD 2.37 billion from India and International markets to supply high efficiency bifacial solar panels of 540Wp and 600Wp. These panels will be produced in Waaree’s manufacturing facility using […] Read more
Jinko Solar Q1 Results Report 8.4 GW of Shipments, Up 56% YoY Updated On Mon, May 2nd, 2022 by Saurenergy Module major Jinko Solar has announced its Q1 results, and as expected, the results are a major jump over the corresponding period last year. Total revenues were RMB 14.76 billion ($2.24 billion), a growth of 86% year-on-year (YoY). Gross profit came in at RMB 2.23 billion ($338.6 million), a 64% YoY increase even as it […] Read more
Senior Engineer – Techno Commercial Updated On Tue, Apr 12th, 2022 by Saurenergy Responsible for Procurement of MRO – Maintenance, Repair & Operation related Material & Services for solar cell manufacturing unit. Responsible for purchasing of Services /spares /consumables, identification/negotiation/issue/renewal/closure of contracts, developing and implementing best purchasing practices in procurement. Maintain the 100% availability of Services/spares/consumables at optimal cost. Roles and Responsibilities:- Strategic Roles & Responsibilities:- The incumbent […] Read more
Deferment of ALMM Policy: A much awaited but temporary relief to the solar market Updated On Mon, Apr 11th, 2022 by Saurenergy India had ambitioned to achieve 100 GW of solar installation by 2022. However, as per MNRE, we had achieved only 51 GW of solar by Feb 2022. While we haven’t met the goal, there has been meaningful and significant growth in the overall solar industry. Also, the Government has set a steeper target of 280 […] Read more
In Conversation with Nitin Gupta, Co-Founder, Attero Recycling Updated On Thu, Apr 7th, 2022 by Saurenergy As the EV transition picks up pace, India’s progress will depend on the availability of Lithium-Ion batteries, and their cost. It’s a challenge for a country wholly dependent on imports for now, a dependence as crippling as our dependence on oil imports. Alive to the challange, the government floated a PLI scheme for battery manufacturing, […] Read more
Rs 18,100 crore Battery PLI Finally Picks 4 Firms Updated On Fri, Mar 25th, 2022 by Saurenergy Confirmation has finally come that the four companies selected for the Advanced Cell Chemistry (ACC) or the Battery PLI scheme ACC Storage are Reliance New Energy Solar Limited, Ola Electric Mobility Private Limited, Hyundai Global Motors Company Limited and Rajesh Exports Limited. These companies will received the first slew of incentives to support cell production […] Read more
Reliance New Energy Ltd acquires assets of Lithium Werks BV Updated On Tue, Mar 15th, 2022 by Saurenergy Reliance Industries’ subsidiary Reliance New Energy Ltd on Monday signed definitive agreements to acquire “substantially” all of the assets of Lithium Werks BV for a total transaction value of $61 million, including funding for future growth. The assets include the entire patent portfolio of Lithium Werks – a leading provider of cobalt free and high-performance […] Read more
