LONGi Solar to Set up 1GW Mono Module Manufacturing Facility in India Updated On Tue, Feb 6th, 2018 by Saurenergy LONGi will invest $309 million, including about $240 million in construction investment and roughly $68 million in working capital, to double the capacity of its cell and module factory in Andhra Pradesh from 500MW to 1GW respectively. LONGi Solar, the world’s leading manufacturer of mono cells and modules, has announced plans to expand its solar […] Read more
Domestic Manufacturers Hoping of a Favorable Budget 2018 Updated On Thu, Feb 1st, 2018 by Saurenergy Currently, importing machinery and manufacturing equipment incur a heavy duty, compared to the duty-free import of finished products like Solar PV modules. As the administration keeps on the significance of the expanded appropriation of the sustainable power source, the power area seeks after a truly necessary push to domestic equipment manufacturers in the current year’s Union Budget. […] Read more
Longi Solar Approves 1 GW Indian Manufacturing Facility Updated On Tue, Jan 30th, 2018 by Saurenergy Longi Solar has confirmed to become the first Chinese company to set up a solar equipment manufacturing facility in India. The news comes just a month after the company said it would invest $300 million in a 5 GW module facility in China. Longi Solar is working to set up a 1 GW solar PV […] Read more
Ministry of New & Renewable Energy issues Concept Note on Solar PV Manufacturing Scheme Updated On Thu, Dec 21st, 2017 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has prepared a concept note on Solar PV Manufacturing Scheme to build up manufacturing capacity of solar PV modules, cells, wafers/ ingots and polysilicon in India. It is proposed to support manufacturers of solar PV cells and modules to expand and upgrade the existing facilities or to […] Read more
China’s Longi Plans Solar Equipment Manufacturing Facility in India Updated On Thu, Dec 14th, 2017 by Saurenergy The plan to set up a factory in India by LONGi, the world’s largest monocrystalline solar wafer maker, comes in backdrop to Union government’s proposal to make it mandatory for firms to have local manufacturing capability to bid for the world’s largest solar tender of 20 gigawatts (GW). LONGi Green Energy Technology Co. Ltd is […] Read more
Patanjali Ayurved to Foray Into Solar Power Equipment Manufacturing Updated On Tue, Dec 5th, 2017 by Saurenergy Patanjali Ayurved, which started its operations in 2006, has an impressive growth rate with increasing its revenue more than five times. After excelling in consumer goods products market, Patanjali Ayurved Ltd, owned by Baba Ramdev is all set to foray into the manufacturing of solar power equipments. This will be the company’s first exposure to […] Read more
Report on Quality Cell & Module Manufacturing with RenewSys Updated On Wed, Oct 11th, 2017 by Saurenergy India’s solar power capacity as on July, 31, 2017 crossed 13 GW mark with states of Andhra Pradesh, Rajasthan and Tamil Nadu emerging as the leading green energy producers. Within this short duration the country has marked for itself, several accolades in the renewable energy sector, catching the eye of global investors. Interestingly during FY17, […] Read more
Jakson Group to Set Up New Manufacturing Solar Power Plant in Guajart Updated On Mon, Jul 24th, 2017 by Saurenergy Jakson Group will invest Rs 700 Crore in a new production plant for solar power modules in Gujarat that will have a capacity of 1,000 MW of solar modules and 250 MW of solar cells in three years. At a time when most domestic solar manufacturers are struggling with idle capacity in the face of […] Read more
NTPC likely to be mandated to meet its entire auxiliary power requirement through domestic solar equipment: Report Updated On Mon, May 22nd, 2017 by Saurenergy Nearly 2000 MW of NTPC auxiliary power generation can be replaced by solar energy. Indian government is reportedly looking at means to aid domestic solar equipment manufacturing industry despite facing criticism at WTO for the domestic content requirement clause in the JNNSM. BusinessLine citing a top government official reports that towards this end, NTPC may […] Read more