Assistant manager/Senior Financial analyst Updated On Tue, May 14th, 2024 by Saurenergy You will make sure that the management receives high quality inputs, financial analysis, management reports with accurate business and financial information. You will provide early warning signals, analyze deviations and develop and implement actions to support the operational goals and targets. Preparation of Income statement, Balance Sheet & other divisional & group reports on monthly […] Read more
Highland Materials Set To Add 20K Tonnes Polysilicon Capacity In US Updated On Tue, Apr 23rd, 2024 by Saurenergy The IRA (Inflation Reduction Act) driven manufacturing bandwagon is still picking up pace in the US. The latest announcement comes from Polysilicon manufacturer Highland Materials, that has secured US$255.6 million in 48C tax credits to build a polysilicon plant in the US. The announcement comes even as global polysilicon prices, mirroring the rest of the […] Read more
Two-Wheeler EV Market Surge To 9.12% First Time: FADA. Updated On Wed, Apr 10th, 2024 by Saurenergy The Federation of Automobile Dealers Association (FADA) in its report identified a surge in electric vehicle sales. The report identified a notable increase in the two-wheeler electric vehicle (EV) market share. The EV market received a jump to 9.12% for the first time according to FADA. The 2024 vehicle data on the challenges faced by […] Read more
US Makers Face Challenges From Cheap Chinese Solar Products: Report Updated On Tue, Mar 26th, 2024 by Saurenergy A recent report by SEMA collation on the state of US PV solar manufacturing discussed the importance of developing a domestic solar manufacturing supply chain in the United States. The report discussed the steps required to reduce dependency on foreign sources, particularly China, and to strengthen the country’s position in clean energy. The report shared […] Read more
CubicPV Blames Collapsing Prices To Abandon 10GW Solar Wafer Plant In US Updated On Fri, Feb 9th, 2024 by Saurenergy US solar cell and module manufacturer CubicPV has abandoned its plans for a 10GW solar wafer manufacturing facility in the US and is “restructuring” its business to focus on its tandem technology module development. Plans for the 10 GW facility to manufacture wafers using CubivPVs core silicon and perovskite technologies to provide semiconductor combination for […] Read more
The Pushback Against China’s Dominance In Solar Manufacturing Updated On Thu, Feb 8th, 2024 by Saurenergy Close on the heels of the European Solar Manufacturing Council (ESMC) virtually putting up its hands on the future of solar manufacturers in the continent comes news of US senators urging the Biden Administration to take action against ‘cheap” Chinese imports as well. The same Chinese imports have actually made solar more accessible and viable […] Read more
Nextracker Continues Strong Show, Q3 EBITDA Up 168% YoY Updated On Fri, Feb 2nd, 2024 by Saurenergy US based solar tracker firm Nextracker, in its first earnings announcement since turning a completely independent firm has delivered a stellar set of results. Nextracker’s adjusted earnings before inflation, taxes, depreciation and amortisation (EBITDA) in Q3 FY24 reached US$168 million, more than doubling over the EBITDA in the last 12 months with a 168% year-on-year […] Read more
BUDGET: EV Sector Pins Hopes On FAME-3, Tax Revisions Updated On Thu, Feb 1st, 2024 by Saurenergy With the expected culmination of the FAME-II scheme, Electric Vehicle (EV) manufacturers, battery makers and charging infrastructure developers have pinned hopes on the Union Budget 2024. The most awaited decision is on the likely announcement of the rollout of FAME-III with revised norms. The grapevine had it that the budget could turn the focus on […] Read more
Reliance Backed Wafer Manufacturing StartUp NexWafe Plans 6GW US Manufacturing Plant Updated On Mon, Jan 29th, 2024 by Saurenergy German solar startup NexWafe GmbH, which counts India’s Reliance among its key investors, is considering a major expansion in the US with 6 GW of solar wafer manufacturing capacity there. Towards this end, NexWafe GmbH has established a U.S. subsidiary to evaluate the development of multi-gigawatt-scale solar wafer production in the U.S. with an initial […] Read more
