Uttar Pradesh Investors’ Summit 2018: Uflex to Invest Rs 1,200cr on Solar Project Updated On Wed, Feb 21st, 2018 by Saurenergy Uflex Limited, India’s largest flexible packaging materials company plans to invest Rs1,700 crore to enhance its manufacturing capacity and set up a solar power project in Uttar Pradesh Prime Minister Modi inaugurated two–day Uttar Pradesh Investors’ Summit 2018 in Lucknow. The event organized by Uttar Pradesh Government is aiming to showcase the investment opportunities and […] Read more
ABB India Dec Quarter Net Profit up 5.3%; Eyes Solar Expansion Overseas Updated On Tue, Feb 20th, 2018 by Saurenergy We have delivered balanced performance in 2017, and built a solid foundation for future growth and profitability as our nation’s and global markets improve, says Sanjeev Sharma. ABB India Ltd, a leader in power & automation technologies, has reported a rise of 5.3 per cent in its standalone net profit after taxes (PAT) at Rs 171.52 […] Read more
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
Budget 2018: Reactions From the Solar Industry Updated On Thu, Feb 1st, 2018 by Saurenergy Jaitley in his budget 2018 speech proposed that the duty on solar tempered glass or solar tempered [anti-reflective coated] glass for the manufacture of solar cells, panels, modules be reduced from 5 percent to zero. The Budget 2018 presented by Finance Minister Arun Jaitley has proposed to eliminate the import duty on components that […] Read more
Innisfail Town Council Gives Nod to the Town’s First Solar Farm Project Updated On Wed, Jan 31st, 2018 by Saurenergy The solar farm will be based on a land parcel possessed by the town. Consequently, the town will gather lease, at $500 per section of land as proposed by the organization. Innisfail Town board gave the green light to the town’s first solar farm project at an extraordinary gathering. Around 15 individuals turned out to […] Read more
Mission Solar Energy Ramping up 2018 Production Updated On Wed, Jan 31st, 2018 by Saurenergy The Texas-based manufacturing plant is currently hiring additional employees to take the production line operations to a 24/7 schedule. Mission Solar Energy has announced that they are ramping up production to meet product demands for 2018. Since the launch of its new product line targeting commercial and residential projects in the first quarter of 2017, […] Read more
Years Ahead, India Achieves 20 GW of Solar Energy Target Updated On Wed, Jan 31st, 2018 by Saurenergy According to the latest India research report by green energy market tracker Mercom Capital, the utility-scale combined establishments now remain at around 18.4 gw, with rooftop solar representing another 1.6 gw. India has accomplished 20 GW (gigawatt) aggregate solar limit, accomplishing the turning point four years in front of the objective for 2022 initially set […] Read more
Coca Cola’s Factory in Telangana and Andhra Pardesh to Go Solar Updated On Tue, Jan 30th, 2018 by Saurenergy 75% of the power prerequisites of Hindustan Coca-Cola Beverages (HCCB) plant at Ameenpur will be met by solar energy. FMCG giant Hindustan Coca-Cola Beverages (HCCB) Pvt Ltd has said it will utilize solar power as the essential wellspring of energy for assembling operations at all its processing plants in Andhra Pradesh and Telangana. HCCB, which possesses […] 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
