GreenCell to Invest 400 Cr for Deployment of 350 E-buses in UP Updated On Sat, Feb 6th, 2021 by Saurenergy GreenCell Mobility, backed by EverSource Capital, has announced on Thursday, that it is going to invest Rs. 400 crores in a consortium of PMI Electro Mobility Solutions, including the acquisition of 49 percent stake, for deploying 350 electric buses (e-buses) across Uttar Pradesh. Electric mobility solutions provider, GreenCell claims that it has acquired stakes in […] Read more
NTPC Seeking Developers for 735 MW Solar Projects in Nokh Solar Park Updated On Wed, Feb 3rd, 2021 by Saurenergy NTPC has issued an Invitation for Bids (IFB) seeking developers for setting up 735 MW of solar projects in the Nokh Solar Park in Rajasthan. NTPC Ltd has issued an Invitation for Bids (IFB) seeking developers for setting up 735 MW of solar projects in the Nokh Solar Park in Rajasthan. The projects will be […] Read more
Solar Industry Hoping for More Elaborate Support From Union Budget Updated On Tue, Feb 2nd, 2021 by Saurenergy The new Union Budget for 2021 has attracted positive responses from industries and the stock markets alike, appreciating the government’s attempt to revive the economy. Evident from our first story the power industry had also welcomed the broad direction, however, there also were some requests for specifics. In a similar tone, three solar industry majors […] Read more
Budget 2021 Highlights For Solar Sector Updated On Mon, Feb 1st, 2021 by Saurenergy In a budget speech that will eventually be termed as focused on fire-fighting and consolidating reforms, Finance Minister Nirmala Sitharaman announced her budget today. For the solar sector, the big shock is undoubtedly the increase in customs duty on solar inverters from 20 percent. Including inverters, which have a much smaller share in overall project […] Read more
Grinntech To Boost Up Lithium-Ion Batteries Production in New Manufacturing Plant Updated On Fri, Jan 29th, 2021 by Saurenergy Grinntech, a startup focused on Lithium-Ion batteries for electrical vehicles (EVs) and energy storage systems announced the inauguration of their larger manufacturing plant in Chennai. The new manufacturing plant is built on a one-acre plot, it will have a capacity to produce 400 MWh per year of Lithium-Ion batteries suitable for electric two-wheelers, three-wheelers, farm […] Read more
Policies & Incentives Needed to Boost Domestic Solar Manufacturing: Saibaba Vutukuri, Vikram Solar Updated On Tue, Jan 12th, 2021 by Saurenergy Saibaba Vutukuri, CEO of Vikram Solar, has said the domestic solar industry needs a comprehensive policy framework to boost manufacturing. As the industry awaits the Union Budget, Saibaba Vutukuri, CEO of Vikram Solar, has said that he believes there is an immediate need to build a robust eco-system for indigenous solar manufacturing and making it […] Read more
India’s Solar Manufacturing- A Tale of failed Government Initiatives Updated On Mon, Jan 11th, 2021 by Saurenergy India’s solar manufacturing prowess, or lack of it, has been a regular cause for concern ever since the country started powering forward in capacity additions from 2016 onwards. A new report from IEEFA and JMK Analytics puts the spotlight on the sector, especially on its failure to ramp up even as demand went up domestically. […] Read more
PV Manufacturer Alpex Solar Appoints Satish Gupta as CEO Updated On Thu, Jan 7th, 2021 by Saurenergy Alpex Solar, one of the renowned Photovoltaic Module manufacturing company, has announced the appointment of Satish Gupta as its Chief Executive Officer. Satish will be taking over the charge of the organisation effective 7th January 2021. The firm currently has module manufacturing capacity of 450MW and has plans for aggressive growth in the coming years. […] Read more
Vikram Solar Launches Series 6 Modules With Next-Gen M6 Cells Updated On Wed, Jan 6th, 2021 by Saurenergy Vikram Solar has launched its new Series 6 modules- Somera and Prexos, designed incorporating the next-generation M6 type of cells. Vikram Solar, a leading domestic module manufacturer based out of West Bengal, has announced the launch of its new Series 6 modules- Somera and Prexos, that have been designed incorporating the next-generation M6 type of […] Read more
