SaurEnergy Explains IRA: The Act That Kickstarted a Solar Manufacturing Rush in the US Updated On Tue, Aug 1st, 2023 by Saurenergy On August 7, 2022, the US Senate approved a Bill titled the Inflation Reduction Act (IRA) 2022 after a series of discussions and debates between the Democrats and Republicans. The most interesting aspect of the bill was its focus on clean energy incentives. The bill was also hailed as a crucial piece of climate legislation […] Read more
Ready, Set, Go: India’s Solar Manufacturing Ambitions Are Flying Updated On Mon, Jul 31st, 2023 by Saurenergy For India’s solar sector and its many entrepreneurs, all signals are finally green. Or so it would seem. Be it progress on manufacturing plans, including the all important backward integration, exports, and of course, a strong domestic market for their output. Everything has come together for the many firms and entrepreneurs who will hope for […] Read more
First 20 GW HJT Perovskite Cell & Module Factory in the Works in US Updated On Mon, Jul 24th, 2023 by Saurenergy Salt Lake City, Utah, United States is set to welcome a mega solar cell and module factory. The establishment will be set up by US-based Revkor Energy Holdings Inc and Germany’s equipment provider H2 Gemini Technology Consulting GmbH, that have set sights on building a 20 GW facility. “Under the terms of the partnership, Revkor and […] Read more
MeyerBurger Snaps Up €200 Million From EU Innovation Fund For 3.5 GW Solar Manufacturing Updated On Tue, Jul 18th, 2023 by Saurenergy Meyer Burger Technology AG, through its group company Meyer Burger (Industries) GmbH, submitted a funding application for EUR 200 million in the EU-wide selection process of the European Innovation Fund in March 2023. The project “HOPE” (High-efficiency Onshore PV module production in Europe) submitted by Meyer Burger has prevailed as eligible for funding, the EU […] Read more
Germany Joins The Solar Manufacturing Push, Calls Bids For 10 GW Capacities Updated On Tue, Jun 27th, 2023 by Saurenergy With the EU pushing to create manufacturing capacities for clean energy technologies, Germany, an erstwhile pioneer in solar manufacturing till China swamped everyone, has joined the effort to bring back solar manufacturing to the continent. The Federal Ministry of Economics and Climate Protection (BMWK) in Germany, analogous to India’s MNRE, has launched a request for […] Read more
Indian Firm Epsilon To Setup EV Battery Component Manufacturing Unit In US Updated On Tue, Jun 27th, 2023 by Saurenergy Indian battery materials firm Epsilon Advanced Materials (EAM) has now decided to set up its electric vehicle (EV) component material manufacturing unit in the United States (US). It comes days after India joined the elite US-led Minerals Security Partnership (MSP) club. The firm also planned to invest around USD 650 million in the Western country […] Read more
Vikram Solar’s $1.5 Billion US Manufacturing Bet Updated On Mon, Jun 26th, 2023 by Saurenergy News about Kolkata-based Vikram Solar’s plans for a manufacturing push into the US might have surprised a lot of industry watchers, but it is really not as surprising as it seems. A new venture backed by one of India’s oldest solar panel manufacturers at a serious scale announced plans last week to invest up to […] Read more
Will Europe’s Mega Solar Manufacturing Plans Deliver On Promise? Updated On Tue, Apr 4th, 2023 by Saurenergy In a recent move that is helping Europe’s solar manufacturing industry gather momentum in an unprecedented way, the European Commission has announced state finance for clean tech manufacturing. This is to be achieved by way of the Green Deal Industrial Plan (GDIP) for European Union. The GDIP will speed up projects by easing up the […] Read more
Canada Joins The Race To Offer Clean Energy Manufacturing Incentives Updated On Fri, Mar 31st, 2023 by Saurenergy After the US and it’s Inflation Reduction Act, The European subsidies for local manufacturing and India’s very own Production Linked Incentives (PLI) scheme it is now apparently the turn of Canada to get on to the local manufacturing bandwagon. The federal government led by Justin Trudeau has announced plans to introduce tax credit incentives and […] Read more
