Chinese Solar Panels Dumping Causes Loss of 2 Lakh Jobs: Report Updated On Fri, Jul 27th, 2018 by Saurenergy The loss of jobs came on the heels of disproportion in the trade patterns between India and China and a faulty implementation of interest safeguarding policies. The Parliamentary Standing Committee on Commerce estimated loss of 2 lakh jobs in the country due to dumping of Chinese solar panels. The loss of jobs came on the […] Read more
Waaree Energies Becomes Largest Solar Panel Maker in India Updated On Fri, Jul 27th, 2018 by Saurenergy The new facility underlines the company’s commitment towards the Government’s ambitious target of 225 GW of renewable energy by 2022 and its vision for Make in India. Waaree Energies has become the country’s largest solar panel manufacturer with the launch of the 1 GW plant in Vapi, Gujarat, taking its manufacturing capacity to 1.5 GW. […] Read more
LONGi Solar Inks $600 Mn Pact with American Firm Updated On Wed, Jul 25th, 2018 by Saurenergy This is another solid step LONGi Solar has taken as a global leading monocrystalline module maker in its overseas deployment. LONGi Solar said that it has signed a USD 600 million contract with an American company to sell high-efficiency monocrystalline modules in the United States. This is another solid step LONGi Solar has taken as […] Read more
Orissa HC Issues Stay Order on Safeguard Duty on Solar Imports until August 20 Updated On Wed, Jul 25th, 2018 by Saurenergy The move came after the Directorate General of Trade Restrictions (DGTR) had recommended, last week, that safeguard duty on solar imports from China and Malaysia should be imposed for 2 years in a phased manner i.e. 25 percent for the first year, 20 percent for the first six months of the second year, and 15 […] Read more
SPDA Eyes Full Exemption from Safeguard Duty on Solar Equipment Updated On Mon, Jul 23rd, 2018 by Saurenergy Such safeguard duty on solar equipment could also kill thousands of job created from the down-stream activities of solar power generation including the manufacturing sector. The Solar Power Developers Association (SPDA) has sought complete exemption of safeguard duty on solar equipment for ongoing project. It believes that such a move can jeopardise investments worth Rs 1 […] Read more
MIDHANI Sets up 4 MW Solar Power Plant Updated On Mon, Jul 23rd, 2018 by Saurenergy The solar power plant is spread over 20 acres of land and is expected to generate 7,000 MW hr/year of electricity with a projected saving of Rs 5 crore per year and reduction of 5,600 tonnes of carbon dioxide (CO2) per year. State-owned Mishra Dhatu Nigam (MIDHANI) has set up a 4 MW solar power plant with […] Read more
Tata Power Solar Gets ‘Solar PV EPC Company of the Year’ Award Updated On Thu, Jul 19th, 2018 by Saurenergy The company was adjudged winner as ‘Solar PV EPC Company of the Year’ on the basis of rigorous assessment by a jury on various parameters of management. Integrated solar company & Tata Power’s arm, Tata Power Solar has won the coveted India Solar Week 2018 for its outstanding contribution to industry development in the Solar […] Read more
JA Solar Vietnam Gets $68.4 Mn Loan for 1.5 GW Wafer Mfg Plant Updated On Wed, Jul 18th, 2018 by Saurenergy Further, the move will help JA Solar arm to fund the procurement of equipment at it’s 1.5 GW of wafer manufacturing facility in Vietnam. JA Solar Vietnam Company, a wholly-owned subsidiary of JA Solar Holdings Co, had entered into a long-term buyer credit loan pact with China Minsheng Bank Corporation Ltd Shijiazhuang Branch. Further, the […] Read more
TGI Solar Soon to Make Electric Vehicles; Mulls Europe Expansion Updated On Wed, Jul 18th, 2018 by Saurenergy The company’s initial plan of electric vehicles assembly plant, will require financing of Euro 15-20 mm in combination of debt and equity. TGI Solar Power Group (TGI Solar) has received a draft of manufacturing agreement, which would allow the company’s auto division to begin production of electric vehicles and further proceed with its expansion plans in Europe. […] Read more
