China’s LONGi To Set Up Solar Cell-Manufacturing Plant In AP

In an effort to make Andhra Pradesh a solar-panel manufacturing hub in the country, the Government of Andhra Pradesh has inked an Memorandum of Understanding (MoU) with China’s XI’AN LONGi Silicon Materials Corp for setting up of a solar module and cell manufacturing plant in Andhra Pradesh.

The Memorandum of Understanding (MoU) was signed on Wednesday late evening in New Delhi by the LONGi’s Chairman Baoshen Zhong and Principal Secretary (Energy, Infrastructure and Investment), Government of Andhra Pradesh Ajay Jain, in presence of Chief Minister N. Chandrababu Naidu. Another MoU was signed between Sri City (P) Ltd and XI’AN LONGi Silicon Materials Corp, later.

XI’AN LONGi Silicon Materials Corp is amongst the top 5 global silicon wafer producers with four production bases in China and 3 GW of wafer capacity.

The Chinese company will invest in a facility for manufacturing solar cells and modules with the capacity of 500 MW at Sri City in Chittoor District of Andhra Pradesh, with an estimated investment of Rs. 1,500 crore. This deal will provide potential employment to 1,000 people.

Speaking on the occasion, Chief Minister Chandrababu Naidu said: “This is a very good investment from China in Andhra Pradesh. Solar power is the best solution for sustainable economic growth.”

This is one of the major investments from a Chinese company in Andhra Pradesh following the visit of Chief Minister and the delegation from the Government of Andhra Pradesh in April this year.

“I want to create a Solar Manufacturing hub in Andhra Pradesh. With the interest in the sector from solar manufacturing companies, I’m hopeful that more than 50% of India’s manufacturing capacity will be set up in AP in the long term. Currently, we share 10% of the country’s target for solar power,” the Chief Minister added.

Meanwhile, the Chief Minister also elaborated on the opportunities in the capital city region and how Andhra Pradesh is focusing on creating the best ecosystem for the manufacturing sector.

After signing the MoU, Ajay Jain said: “This is also a success story of China-India trade relations. Our Hon’ble Chief Minister had visited China in April this year, and several companies which we had met there, are now investing in Andhra Pradesh.”

Mr. BaoshenZhong, Chairman, Xi’an Longi Silicon Materials Corporation added: “This plant will manufacture state-of-the-art Solar Modules with higher efficiency than currently available systems. In this way, we are participating in both ‘Make in India’ as well as ‘Innovate in India’. This is just the first step, I’m sure we will invest much more and other companies will follow suit.”

Ravindra Sannareddy, Managing Director, SriCity, signed the MoU on behalf of Sri City and said: “This is the largest Chinese investment in Sri City and what makes this occasion special is that the MoU signing is happening exactly one year after Hon’ble Prime Minister announced ‘Make in India’ program. In addition, we are also doing this within 6 months of AP Chief Minister’s visit to China.”

source: www.andhrapradeshmagazine.org

Lead Your Team Into a Post-Pandemic World

During the Covid-19 crisis, I’ve spoken with many CEOs who have shared that a key priority for them, naturally, has been the safety and well-being of their employees. And there are many examples of inspiring actions taken by CEOs and companies in support of their employees. But as we’ve come to recognize that this crisis will last more than a few short weeks, companies are now defining their approach for the long haul. I’ve seen two crucial ideas take hold with corporate leaders. One: Given the magnitude of the shock and the challenges that this crisis represents, companies must consider the full breadth of their employees’ needs as people. Safety is essential, of course, but it’s also important to address higher-level needs such as the want for truth, stability, authentic connections, self-esteem, growth, and meaning in the context of the crisis. Two: Many CEOs have begun thinking about this crisis in three phases. They may assign different names or specific lengths to t

4 Ways Google Search Can Help You Achieve Your Marketing Goals

Google Ads Google Ad extensions are a great way to add key descriptive text without taking up space in your actual ad and improve your quality score for even better results. It’s a win-win right? Google Maps Is your business discoverable on Google Maps? For small businesses, adding detailed information and the use of strategic keywords can be helpful for a better location optimization. Google Ranks SEO is vital for moving up in Google rankings. To climb up the ladder, incorporate top keywords in page titles, meta tags and focus on consistently delivering relevant content. Backlinking If SEO is the the only strategy you have, it is the right time to change that. Start adding backlinks to your content. Quality backlinks can further increase your brand authority.

Twenty Smart Business Buzzwords

Some words may grate on your nerves, but business leaders are still using "disrupt," "synergy" and "ideate." You should too. Spend any amount of time in a corporate environment and you'll likely notice there are some words that seem to come up on a daily basis. Certain verbiage becomes part of the corporate culture and soon, you may feel as if you need to use it to fit in. While they can change from one day to the next, most corporate buzzwords have a positive meaning. They're used to boost morale and motivate everyone involved in the conversation. Here are 20 of the top business buzzwords that you should make an effort to work into your vocabulary. 1. Impact Impact is a powerful word that has become a favorite of business professionals. Grammarians argue that the word is being used improperly, urging you to use "affect" instead, but businesses love it. 2. Corporate Synergy Half of the people who use this term likely

KACHARAGADLA

Search This Blog