JULY 20248TOP STORIESTAFE MOTORS, DEUTZ AG INK PACT TO EXPAND INTERNAL COMBUSTION ENGINE BUSINESSWAAREE ENERGIES TO SUPPLY 900 MW OF MODULES FOR SOLAR POWER PLANTTAFE Motors and Tractors Ltd., a subsidiary of TAFE Ltd., a leading manufacturer of tractors, has partnered with DEUTZ AG, a German manufacturer of internal combustion engines, to jointly produce the DEUTZ engine line in the country. TAFE (Tractors and Farm Equipment) Motors and Tractors Ltd is a subsidiary of world's third biggest tractor manufacturer and city based TAFE Ltd."DEUTZ inks cooperation with TAFE, allowing DEUTZ to expand its business in India. As the beginning of a long-term cooperation, TAFE Motors would manufacture up to 30,000 DEUTZ engines in 50-75 hp and 75-100 hp under license to augment and complement the wide range of engines made by the group across emission standards," a company statement here said on Tuesday.In addition to meeting DEUTZ's needs, TAFE Motors and Tractors Ltd. would produce engines for newer Indian applications. The motors would be delivered at the manufacturing facility of TAFE Motors at Alwar, Rajasthan. The manufacturing plant presently creates diesel engines and gensets in the 5 to 125 kVA range that are showcased as Eicher Motors and TMTL Motors. DEUTZ would use the manufacturing base for abroad business sectors including Asia Pacific and neighbouring nations."It also enables us to continue producing at competitive costs in the future and make us less dependent on the existing supplier landscape, which is becoming increasingly challenging due to the technological shift and geopolitics," Shulte added. Waaree Energies on Monday said it has received an agreement from Serentica Renewables India to supply 900 megawatts (MW) modules for a task situated at Fatehgarh in the Jaisalmer region of Rajasthan. According to the company, the project is anticipated to be one of the largest solar power plants constructed in India using Waaree modules, marking a significant milestone for both businesses.The delivery plan for these Top-Con bifacial modules is set from August 2024 to February 2025. These solar PV modules will be made, tested, packed, and shipped by Waaree Energies, who will make sure that the quality standards are met and the project is completed on time.Sunil Rathi, Director of Sales, Waaree Energies Ltd. said, "Our elite series modules are expected to contribute to the efficiency, durability, and performance of this project. Moreover, our company has been deploying multiple projects in Rajasthan and Gujarat, thereby contributing to the clean energy shift in these states."Waaree Energies Ltd. will regulate the far reaching producing, testing, packing, and transportation of these solar based PV modules, guaranteeing adherence to the quality guidelines and timely execution of the venture. According to the company, the implementation of this project is anticipated to increase the region's capacity for renewable energy, reduce carbon emissions, and promote environmental sustainability.
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