Tongwei Becomes First Chinese PV Maker in Fortune 500 List Updated On Mon, Aug 7th, 2023 by Saurenergy China’s Tongwei Group, a powerhouse in the solar manufacturing space made its debut on the Fortune 500 list of 2023 with a revenue of CNY 2148.82 billion and ranked 476th, becoming the first photovoltaic company in the world to enter the Fortune Global 500. At the same time, Tongwei Group ranked 34th on the Return on […] Read more
Waaree Energies Raises INR 1000 Crore in Second Round of Funding Led by ValueQuest Updated On Mon, Aug 7th, 2023 by Saurenergy Waaree Energies Limited (WEL), India’s largest solar module maker right now, has successfully raised a round of equity funding, amounting to approximately INR 1000 crore. The investment round was led by ValueQuest, an investment focused on sustainable and progressive ventures. Waaree Energies Ltd. had earlier raised a primary round of ~INR 1040 crore from a […] Read more
August ALMM Update, Approved Capacity Nears 20 GW Updated On Fri, Aug 4th, 2023 by Saurenergy The Approved Models and Manufacturers of Solar Photovoltaic Modules (ALMM), which is a key measure announced by the MNRE in 2019 to give a boost to domestic manufacturing and reduce reliance on imports has updated its list. The list mandates the enlistment of only those models of solar PV module manufacturers, under ALMM, which comply […] Read more
First 20 GW HJT Perovskite Cell & Module Factory in the Works in US Updated On Mon, Jul 24th, 2023 by Saurenergy Salt Lake City, Utah, United States is set to welcome a mega solar cell and module factory. The establishment will be set up by US-based Revkor Energy Holdings Inc and Germany’s equipment provider H2 Gemini Technology Consulting GmbH, that have set sights on building a 20 GW facility. “Under the terms of the partnership, Revkor and […] Read more
“We Expect TOPCON To Be The Leader For The Next 5-7 years”, S Vasanthi, Websol Energy Updated On Tue, Jul 18th, 2023 by Saurenergy S Vasanthi is a true solar veteran, thanks to her long association with one of the earliest solar manufacturers in India, Websol Energy System Limited. As the Chief Technical officer and director she has been instrumental in visualizing the company’s 1.8GW solar PV cells and 550 MW Module manufacturing capacity expansion at its Falta plant […] Read more
Avaada Group Successfully Pockets INR 10,700 Cr as Funding Updated On Thu, Jun 29th, 2023 by Saurenergy Avaada Group, an integrated energy platform, has announced the successful closure of INR 10,700 crore ($1.3 billion) funding round. The firm says this marks a historic moment for the green energy industry in Asia and India’s renewable energy sector as this funding round is the largest equity round ever raised by any green energy company […] Read more
EU Focus On Renewables Could Add 69 GW in 2023 Updated On Mon, Jun 12th, 2023 by Saurenergy The EU’s renewed focus on renewable energy is no secret, especially after the Russian-Ukraine war that started last year. New reports indicate that the continent could see additions of as many as 69 GW in renewable capacity, mostly solar, in 2023. That, combined with a high focus on bringing manufacturing back to the region, indicates […] Read more
Lead- New Product Introduction Updated On Tue, May 23rd, 2023 by Saurenergy Leads NPI programs or a portfolio of NPI programs consisting of technology, process, and equipment improvements. Responsible to lead coordination of Manufacturing Operation resources & Manufacturing Shop Floor execution to support New Process change Programs. Responsible to coordinate Manufacturing Operation resources to achieve and complete New Process change Training & Certification. Responsible to coordinate Manufacturing […] Read more
Avaada Group Formally Confirms Raising US $1 Bn Funding for Augmenting Renwables from Brookfield Updated On Wed, Apr 26th, 2023 by Saurenergy Avaada Group has formally announced that it has raised US $ 1.07 billion to fund its green hydrogen and green ammonia ventures in India as a part of its ongoing US$ 1.3bn fund raise plan. Brookfield Renewable, through its Brookfield Global Transition Fund (BGTF) will be investing up to US $ 1 billion in Avaada […] Read more
