20% Growth In EVs Registered In June to December YoY: Minister Updated On Wed, Dec 20th, 2023 by Saurenergy Minister of State for Heavy Industries, Krishan Pal Gurjar, mention in a written reply to the parliament that ‘There has been no slowdown in the sale of electric vehicles in the country during the previous two months.’ The statement comes even as talk of removing the FAME 2 subsidy for electric vehicles in the near […] Read more
Chinese TOPCon Cell Major Jietai Solar Takes Aim At India, Turkey Markets Updated On Wed, Dec 20th, 2023 by Saurenergy Amidst all the uncertainty on ALMM exemption continuing beyond March next year, or India’s push for manufacturing progress in the solar supply chain, a key Chinese cell maker is still hopeful of making inroads into the Indian market. The firm, with a network spread across Jiangsu (marketing), Jiangxi (Industrial), and Anhui (Industrial) province in China […] Read more
LG Chem Rides IRA Benefits to Set Up Largest Cathode Materials Plant in US Updated On Wed, Dec 20th, 2023 by Saurenergy LG Chem has commenced the construction of a cathode plant in the U.S., intending to establish a production hub for the global battery material market. The facility, located in Montgomery County, Clarksville, Tennessee, will locally produce cathode materials optimized for North American electric vehicles (EVs) and collaborate with key partners from development to supply chain. […] Read more
Trina Tracker Launches A Tracker+Module Combo Promising Higher Efficiency Updated On Wed, Dec 20th, 2023 by Saurenergy TrinaTracker has launched its smart tracking optimal combination solution consisting of the new Vanguard 1P tracker and 700w+ modules. Unveiled on December 15, the enhanced Vanguard 1P module is a high-quality product that the firm claims offers increased security and reliability. It meets the requirements of customers who need trackers in composites application contexts. Easy […] Read more
India’s RE Sector Saw FDI Equity Investment of USD 6,137.39 Mn in Last 3 Financial Years Updated On Wed, Dec 20th, 2023 by Saurenergy The Minister for New & Renewable Energy and Power, R.K. Singh, disclosed measures taken to entice Foreign Direct Investment (FDI) into India’s renewable energy sector. Currently, India’s FDI policy permits up to 100% investment in the renewable energy sector through the automatic route. According to the Department for Promotion of Industry and Internal Trade (DPIIT), […] Read more
Hindalco Joins Hands with USA’s C4V to Develop Battery Material Updated On Wed, Dec 20th, 2023 by Saurenergy C4V, a firm specializing in Li-Ion battery technology based in the United States, has entered into a Memorandum of Understanding (MOU) with Hindalco Industries. This agreement focuses on producing and delivering aluminum foils, coated foils, and structural components specifically tailored for Li-ion cells, serving the expanding market for EV battery materials. The collaboration’s primary objective […] Read more
UPNEDA Sets Sights on Selecting Solar Power Developers for 500 MW Rooftop PV Project Updated On Wed, Dec 20th, 2023 by Saurenergy Uttar Pradesh New & Renewable Energy Development Agency has issued a tender for the selection of solar power developers for setting up of 500 MW of grid connected rooftop solar PV project on Government / semi-government buildings and other Institutions at various locations in Uttar Pradesh under RESCO Model on net metering basis through tariff […] Read more
Panasonic Selects 12 Startups as Part of Corporate Accelerator Program Updated On Tue, Dec 19th, 2023 by Saurenergy Panasonic Life Solutions India (PLSIND) and Panasonic Corporation (PC) in collaboration with a leading seed stage venture capital (VC) – 100X.VC announced the shortlist of 12 start-ups from over 140 entries received for the ‘Panasonic Ignition’ Corporate Innovation accelerator program. Panasonic aims to mentor, guide, and fund early to mid-stage startups that are creating innovative […] Read more
Wind Turbine Manufacturer Suzlon Partners with REC for Working Capital Lines Updated On Tue, Dec 19th, 2023 by Saurenergy Indian wind turbine manufacturer, Suzlon Group has announced the execution of definitive documents for securing working capital facilities with REC Limited. Suzlon will utilise this facility for meeting working capital requirements for the execution of its current order book and future order pipeline. This initiative will enable the firm to ensure faster ramp-up of its […] Read more
