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manufacturing capacity

Saera Electric Auto Anticipates 100% Rise in Sales

Delhi-based electric vehicle manufacturer, Saera Electric Auto Private Limited (SEAPL) anticipates a 2X increase in revenue by the end of FY ’22–23. In the first two-thirds of the current financial year, SEAPL has already surpassed the 182 Cr threshold, up from 152 Cr in the previous financial year. By March 2023, Saera Electric will have […]

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E-battery recycler Lohum Aims to Increase Topline by Three Times This Fiscal

Greater Noida-based manufacturer and recycler of lithium-ion battery packs, Lohum has stated that strong demand is expected to fuel a three-fold increase in its topline this fiscal year to over Rs 300 crore. According to Lohum Cleantech, the lithium-ion battery business is predicted to grow 11-fold between 2020 and 2030, prompting the company to develop […]

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Swedish Solar Cell Maker Midsummer Signs LOIs to Deliver 224 MW Solar Panels

Swedish manufacturer of thin film CIGS (copper indium gallium selenide)solar cells, Midsummer has announced the signing of letters of intent (LOI) with six Swedish and foreign business partners for a total of 107 MW of solar panels. With the release of 224 MW of solar cells and previously announced agreements with roof and building businesses […]

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Solar Is Changing Fast, Here Are 5 Ways It Already Has

When the Jawaharlal Nehru National Solar Mission was launched back in January 2010, India had a total installed solar capacity of around 160 MW. The mission itself had a target of 20 GW by 2022. However, changes on the ground in terms of technology, availability and fresh climate realities meant a wholesale upgrade on those […]

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SECI Opens Up Bidding For Rs 19,500 Crore Solar PLI

It’s finally here. The Solar Energy Corporation of India (SECI) has invited bids for the much awaited Solar PLI (performance Linked Incentive) tender that is expected to give a huge boost to the solar sector in terms of manufacturing prowess and backward integration domestically. The tender, under tranche II of the PLI program has a last […]

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Okinawa Grows Up In Fy22, Revenues Cross Rs 800 cr

Gurugram-based electric two-wheeler manufacturer Okinawa Autotech showed a fantastic set of results in FY22. The company scaled around 7X to Rs 822 crore during FY22 from Rs 118 crore in FY21, as per the financial statements filed with the Registrar of Companies (RoC). The 7 year old Okinawa has launched eight different electric two-wheeler vehicles […]

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Waaree Energies Supplies Solar Panels for Terapanth Foods’ Solar Project at Bhavnagar, Gujarat

One of India’s top firms for supplying iodized salt to major FMCG brands, Terapanth Foods Limited- a Friends Group Company, has commissioned a 4 MW solar power project at Bhavnagar, Gujarat. Leading solar manufacturer Waaree Energies provided the firm with 335Wp polycrystalline solar panels for the said project. Pankaj Babulal Singhvi from Terapanth Foods, stated, […]

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Waaree Energies to Supply Solar Modules to Kandla Agro & Chemicals

Kandla Agro & Chemicals Pvt Ltd (KACPL), which engages manufacturing of various grades of castor oil and its derivatives, is looking to to cut down on greenhouse gas emissions by installing a solar power plant of 4 MW at Bila, Bhavnagar. Towards this end, a leading player in the solar energy industry, which manufactures PV […]

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First Solar Secures Second GW Scale Solar Module Order from Swift Current Energy

Leading global provider of PV solar solutions First Solar has revealed that it has entered into an agreement with Swift Current Energy. The agreement will pave the way for First Solar to supply Swift Current Energy  with 2 gigawatts (GW)DC of high-performance, thin film solar modules in 2025 and 2026. Swift Current Energy, headquartered in Boston, […]

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