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Centre gives nod to Rs 4500 cr PLI scheme for Solar PV modules
The scheme aims to create additional 10,000 MW capacity of integrated solar PV manufacturing plants. It is expected to drive direct investment of around Rs 17,200 crore in solar PV manufacturing.Read more
Nitin Gadkari: Government committed to promote renewable energy for MSME Sector
The Government has set an ambitious target for renewable energy and in particular, solar power generation, for this decade. The target for renewable energy installation is 450 GW by year 2030.Read more
Ola races to build the world’s largest 2 wheeler mega factory
OLA has completed land acquisition in January this year. An estimated more than 10 million man-hours have been planned to bring the factory up in record time. Read more
Nitin Gadkari: “Ministry and World Bank working on credit guarantee program to finance unrated MSMEsâ€Â
The government is aiming to really educate MSMEs about the benefit of adopting solar rooftop and achieving cost-competitiveness. Read more
Panel bender or work center? The evolution of P2lean
One of Salvagnini’s most successful panel benders is P2lean. The panel bender is known for its high technological standards, low energy consumption, compact layout, high productivity and versatility. The introduction of the CUT and RSU options has broaden P2lean’s horizons even further.Read more
Solar installations to increase 3-fold to reach 10 GW in 2021: Mercom
Mercom India Research is forecasting over 10 GW of solar installations in 2021 compared to 3.2 GW in 2020 - the year in which the installations declined by 56 per cent over 2019. Read more
Hindustan Coca-Cola offsets 76,500 T carbon emission using renewable energy
The milestone is in sync with the company’s plan to reduce its carbon emissions 25 per cent by 2030 from a 2015 base year (science-based target).Read more
Ola to use Siemens’ digital solution to build Rs 24 bn EV facility in India
With an initial capacity of 2 million units a year, it will be the largest scooter manufacturing facility in the world. It will serve as Ola’s global manufacturing hub catering to its customers in India as well as key markets across Europe, UK, Latin America and ANZ.Read more
Govt extends PLI Scheme to 10 new sectors with incentives of Rs 1460 bn
10 sectors eligible for Production-Linked Incentive (PLI) Scheme are ACC batteries, electronics/technology products, automobiles & auto components, pharmaceutical drugs, telecom & networking products, textile products, food products, solar PV modules, ACs & LED, and speciality steelRead more
Best Power Equipments bets big on solar
The newly launched solar inverters would help the households to reduce the high cost of electricity bills and provides higher efficiency in the long run.Read more