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Budget 2021 Reactions. Industry Welcomes Broad Direction, Hopes For Specifics

The Union Budget 2021, for all its usual detractors, has been welcomed in more ways than one. While the stock markets seem to have welcomed the bold moves to junk fiscal limitations and go for high spending to revive the economy, the industry has welcomed it for more reasons. One couldn’t help but notice during […]

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EV Acceleration in UP, CM Proposes Tax Exemptions

Considering the whole country is moving fast forward towards electric vehicles (EV) adoption, the Uttar Pradesh government is bringing advancements to increase the influx of EVs into the state. Recently, the department of industrial development reviewed EVs, during that, Chief Minister Yogi Adityanath proposed an exemption of road tax and registration fees to promote EVs. […]

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General Motors Aims to Become Carbon Neutral by 2040

US based automaker, General Motors yesterday announced its plans to become carbon neutral in its global operations by 2040. Also, the company has committed to setting science-based targets to achieve carbon neutrality.  In addition to this, the company has also signed the Business Ambition Pledge for 1.5⁰C, an urgent call to action from a global […]

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Solis Makes A Point, With 1 GW Milestone In India

Jan 29th– Ginlong (Solis) Technologies, the Ningbo, China headquartered inverter firm  released its  2020 estimated annual financial report on January 22: the annual sales  is expected to up to 3,40 million USD dollars, the highest growth than the same period last year of 93%. Ginlong (Solis) Technologies entered India in 2015, and has underlined its strong […]

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Tech Startup Matter To Launch EV Two Wheelers For India

Gujrat based tech startup – Matter has announced that it is set to launch its electric vehicles (EVs) and a range of energy solutions in India in 2021. The company will be producing electric two-wheelers (E2Ws) and setting up its market in major Indian cities, including New Delhi, Bengaluru, Mumbai, Chennai, Hyderabad, Kolkata, Pune, Lucknow, […]

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Senior Manager – Supply Quality (Electrical)

Roles & Responsibilities: Understanding customer requirements during bidding, highlighting deviation approvals required if any. Budget preparations for material inspections in project execution. New Vendor assessments proposed by procurement. Preparation of MQAP / Revision w.r.t to learnings at frequent intervals. Failure analysis with vendors if any during FAT, Stage insp. & Type Test. Material stage & […]

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EV Sector Hopes For Charging Push, targeted Incentives From Budget 2021

With just 5 days to go for Budget 2021 every citizen, expectations have rarely been so high from the government. And the reason is not just the repair work from the shock of Covid 19 has delivered. For once, people seem to realise that the government will actually have some leeway to break some self […]

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Three Phase Inverter Launch Power up FIMER’s Range

With renewable energy, led by solar power, potentially making up 80 percent of the growth in electricity generation over the next decade, FIMER has introduced its new PVS- 10/33-TL three-phase string inverter solutions for commercial and industrial applications. According to the International Energy Agency, it is now consistently cheaper to generate electricity by capturing the […]

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Waaree Targets 5 GW Capacity by 2021 With 3 GW Module Line From Jinchen

Chinese module manufacturer Yingkou Jinchen Machinery Co., Ltd. (Jinchen), has announced the signing of a deal with Mumbai based manufacturer Waaree Energies for a 3 GW high efficiency photovoltaic modules automatic production line. This is the largest stand alone project for any Chinese equipment manufacturer and any firm overseas. Waaree, led by Chairman and MD […]

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