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Southeast Asia's startups beat pandemic blues to raise record $6b in Q1 - Vimarsana News

Southeast Asia's startups beat pandemic blues to raise record $6b in Q1

Bangkok, Thailand. Photo by Aaron Thomas on Unsplash April 15, 2021 Southeast Asia-based startups kicked off 2021 in style, raising a record $6 billion in the first quarter of the year. Deal count, too, jumped amid signs of economic recovery and mass inoculation programmes to curb COVID-19 across the region. According to our latest report, companies in the region inked at least 211 deals in the first quarter to raise close to 70% of the total capital secured in 2020. Of this, $4 billion was raised by ride-hailing giant Grab and Indonesia-headquartered logistics firm J&T Express—both compani...

India approves PLI solar manufacturing scheme - Vimarsana News

India approves PLI solar manufacturing scheme

India approves PLI solar manufacturing scheme Email It’s hoped the PLI scheme will provide a boost for domestic manufacturing in India. Image: Vikram Solar. The Indian government has approved production-linked incentives for the country’s solar module manufacturing sector to help the country add 10GW of power generation capacity. The government extended a production-linked incentive (PLI) plan to include solar module manufacturing on Wednesday (7 April), setting out a plan to spend INR45 billion (US$602 million) over the next five years. Prime Minister Shri Narendra Mod...

Tata Power Solar ramps up cell and module manufacturing capacity to 1.1GW - Vimarsana News

Tata Power Solar ramps up cell and module manufacturing capacity to 1.1GW

Tata Power Solar ramps up cell and module manufacturing capacity to 1.1GW News Mono PERC cell manufacturing capacity has increased to 530MW. Image: Tata Power Solar. Tata Power Solar has expanded its PV manufacturing facility in Bengaluru, India, taking the total production capacity of solar modules and cells to 1.1GW. Mono Passivated Emitter Rear Cell (PERC) cell manufacturing capacity at the unit has increased from 300MW to 530MW, while module assembly capacity (using half-cut mono PERC cells) has risen from 400MW to 580MW. The production lines are capable of handling 166mm – 210mm size w...

IAB/PwC identify brand challenges post-pandemic - Advertising - Vimarsana News

IAB/PwC identify brand challenges post-pandemic - Advertising

First: consumers are itching for added value in their content. Researchers believe that as the customer journey changed from browsing in-store or relying on recommendations for the latest gadgets consumers also changed how they engage with branded content. For example, more people are opting out of brands' data collection initiatives, and are looking for interruption-free content sessions - that means no advertising, even when content is subsidized by advertising. "The old value exchanges just aren't enough. The model is broken. Publishers and media companies have to reimagine reciprocity ...

India to levy basic customs duty on solar modules and cells from April next year - Vimarsana News

India to levy basic customs duty on solar modules and cells from April next year

India to levy basic customs duty on solar modules and cells from April next year Image: Oriano Solar. India will introduce a 40% basic customs duty (BCD) on solar modules as of April 2022 to cut the reliance on imports and expand the country’s PV manufacturing base. A 25% duty will also be introduced on solar cells from the same date, according to India’s Ministry of New & Renewable Energy (MNRE). With the country targeting around 280GW of installed solar by 2030, the ministry said in a document that India “needs to develop domestic solar manufacturing capacities and reduce its dependen...