AISIA Warns of Stockpiling of Solar Equipment, Seeks Safeguards Updated On Mon, Mar 21st, 2022 by Saurenergy Industry body AISIA, or the All India Solar Manufacturers Association, has warned yet again of the dangers facing India’s domestic manufacturers. In a letter to the MNRE minister, the AISIA states that domestic manufacturers have been operating at 30% capacity, and the situation places at risk thousands of jobs in India. Almost 125 manufacturing units […] Read more
Solar mfg generating 30,000 jobs, govt. tells Parliament Updated On Thu, Mar 17th, 2022 by Saurenergy The Minister of State for New and Renewable Energy (MNRE) Bhagwanth Khuba has told Parliament that the solar manufacturing industry is providing 29,900 new jobs every year. The employment generated is based on the installed capacity as the Minister informed the Rajya Sabha. Also, Power Minister RK Singh said that India has achieved 40 per […] Read more
Kolkata-based solar PV cell maker raises Rs 170 crore Updated On Mon, Mar 14th, 2022 by Saurenergy Kolkata-based Solar photovoltaic (PV) cell manufacturer Jupiter International has raised ₹170 crore from funds managed by wealth management firm Edelweiss Alternative Asset Advisors (EAAA). The funds will be utilised as growth capital to enhance its manufacturing capacity, the Kolkata-based company said on Sunday. The company plans to set up a new greenfield capacity of 2,000 […] Read more
New Solar PLI Scheme Changes Updated On Fri, Mar 11th, 2022 by Saurenergy Details on the new solar PLI scheme for the Rs 19,500 crores that was announced in the budget are still to come out formally. With a first PLI scheme that had a corpus of ‘just’ Rs 4,500 already having been concluded, it’s fair to expect some quick movement with part 2 now. However, reports and […] Read more
Sungrow Inaugurates 10 GW Solar Inverter Manufacturing Facility in India Updated On Thu, Mar 10th, 2022 by Saurenergy Leading solar inverter maker Sungrow held a formal ceremony in New Delhi to inaugurate the expanded 10 GW annual manufacturing capacity of its plant in India. The company claims that the inauguration is a response to “Make in India” Initiative of Government of India and demonstrates Sungrow’s commitment to “Atmanirbhar Bharat”. The company believes that […] Read more
US Solar manufacturers raise potential of 30GW mfg capacity for Biden Administration Updated On Thu, Mar 10th, 2022 by Saurenergy It seems to be the season for solar manufacturers across countries to expect more. After India, it is the Solar Energy Manufacturing for America (SEMA) Coalition that sent a letter to President Joe Biden requesting the United States President to enact policy solutions basis so that the domestic solar manufacturing can sustain in the long […] Read more
AISIA rues lack of support from govt, domestic developers for solar manufacturers Updated On Thu, Mar 10th, 2022 by Saurenergy Solar manufacturers have highlighted the lack of support from the government and the domestic developers, according to a press note shared by the All India Solar Industries Association (AISIA), the domestic solar manufacturers association, on Wednesday. It added that even though the government has announced several policies to support the players, domestic solar manufacturing continues […] Read more
Ather Energy in Tie-up with Bharat FIH For Component Manufacturing Updated On Wed, Mar 9th, 2022 by Saurenergy Ather Energy, India’s leading electric scooter brand has announced its partnership with Bharat FIH, a Foxconn Technology Group company, to develop and manufacture key components for Ather scooters. The partnership aims to enhance the manufacturing ecosystem to meet the strong demand for their flagship products, the Ather 450X and the 450 Plus. For Ather, which […] Read more
Saatvik Solar Will Supply 50 MW Modules to Raghanseda Solar Project Updated On Tue, Mar 8th, 2022 by Saurenergy PV Module manufacturer Saatvik Solar has secured an order for manufacturing and supplying 50 MW Solar modules through Bharat Heavy Electricals Limited (BHEL). Saatvik Solar was declared L1 bidder in a reverse bidding auction and the supply of these modules will be made at GSECL 100 MW Raghanseda Solar Park. The project is located in Gujarat’s Banaskantha district. It’s […] Read more