Behind TW Solar’s Tongwei Speed Updated On Thu, Feb 20th, 2020 by Saurenergy Tongwei Solar or TW Solar, as it is known in the industry, is probably not a name that comes up readily among a roll call of market leaders from China, especially for readers in India. But readers are missing something big here. The Size That Matters TW Solar is the world’s largest solar cell manufacturer […] Read more
Coronavirus Halts Progress for Aurangabad Firms’ Dependent on Chinese Imports Updated On Wed, Feb 19th, 2020 by Saurenergy The coronavirus outbreak has hit Aurangabad, a prominent manufacturing hub, with companies finding difficult to procure substitutes for Chinese parts The coronavirus outbreak has hit industries in Maharashtra’s Aurangabad district, a prominent manufacturing hub, with companies finding it difficult to procure substitutes for Chinese parts. Companies have started sourcing products from other countries to continue their manufacturing without […] Read more
Vikram Solar Signals Crisis With Big Layoffs Updated On Mon, Feb 17th, 2020 by Saurenergy Vikram Solar, a leading domestic manufacturer and EPC player in the solar space, has become one of the biggest players to acknowledge, and share the pain of the slowdown in the renewable energy sector. Reacting to news stories carried in local Bengali newspapers, the company has finally released a statement acknowledging the challenges it is […] Read more
Karnataka Bags Proposals Worth Rs 72K Cr, With EVs and Solar in Focus Updated On Mon, Feb 17th, 2020 by Saurenergy It has been reported that Rs 72,000 crore investment proposals were received at the Invest Karnataka meet for the states’ northern region. It has been reported that Rs 72,000 crore investment proposals were received at the Invest Karnataka meet, held on February 14, 2020, for the states’ northern region. “About 50 foreign and domestic firms […] Read more
Govt Asks Solar Manufacturers to Submit List of Items for Basic Custom Duty Exemption Updated On Thu, Feb 13th, 2020 by Saurenergy In a step towards providing further relief to domestic solar manufacturers in the country, the Government on Thursday has asked the solar photovoltaic (PV) manufacturers and related associations to submit their list of items to be included in the Basic Custom Duty (BCD) exemption list. In this regard, the Ministry of New and Renewable Energy […] Read more
The Total-Adani Deal- Impact on Indian Solar Sector Updated On Fri, Feb 7th, 2020 by Saurenergy The announcement yesterday of a proposed JV between Total Total SA, the french energy major, and Adani Green Energy, the renewable energy arm of the Adani Group, for $510 million (approx Rs 3600 crores) is, to put it mildly, a surprise. After all, while not dire, the sector today faces multiple pressure points, the latest […] Read more
Waaree ESS Inks Supply Pact with GreenVolt Mobility for Li-Ion Batteries Updated On Sat, Feb 1st, 2020 by Saurenergy With an aim to contribute towards India’s electric vehicle (EV) revolution, Waaree ESS Pvt Ltd, a Mumbai-based startup company engaged in the manufacturing of Lithium-Ion (Li-Ion) batteries, on Saturday said that it has entered into a partnership with GreenVolt Mobility, Ahmedabad-based EV startup. As per the agreement signed, Waaree ESS will supply its Li-Ion batteries […] Read more
Economic Survey 2019-20. Opportunity Ignored? Updated On Fri, Jan 31st, 2020 by Saurenergy The Economic Survey for 2019-20 was presented by Finance Minister Nirmala Sitharaman today in parliament. The survey, which is taken as a useful indicator of government intent, though not always ability to take action, is notable for what it talks about, and perhaps worryingly, what it ignores. Thus, in a survey where there seems to […] Read more
Ashok Leyland, ABB Ink MoU in E-Mobility Space Updated On Mon, Jan 20th, 2020 by Saurenergy Hinduja Group’s flagship firm Ashok Leyland entered into a Memorandum of Understanding (MoU) in the public e-mobility space with ABB Power Products and Systems India Ltd. Through this MoU, the two companies aimed to expand the eco-system for efficient and greener electric bus (e-bus) transportation systems in India. The motive behind the agreement was to […] Read more