SECI’s 5000MW Solar Auction Gets Single Bidder Updated On Fri, Sep 28th, 2018 by Saurenergy As part of the government’s targets of achieving a cumulative capacity of 100 GW Solar PV installation by 2022, the SECI had invited bids from developers. Weighed down by the industry sentiment, state-run Solar Energy Corporation of India (SECI) has received unsatisfactory response for its tender of 5GW per year solar manufacturing as only a single bidder […] Read more
Gov’t Cuts Component Manufacturing Requirement to Prevent High Tariff Bids in Solar Tender Updated On Mon, Sep 3rd, 2018 by Saurenergy The government has also brought down the maximum permissible tariff rate for the solar tender to Rs 2.75 per unit from an earlier cap of Rs 2.93. In a bid to attract healthy number of developers in a recent solar auction and prevent higher tariff bids from the bidders, the government has reduced the component […] Read more
Adani Solar Recognized Globally for its Durability and Reliability Updated On Sat, Jul 7th, 2018 by Saurenergy Developers and investors should be aware that not all manufacturers have their modules tested for quality and reliability to vouch for their product lifetime. In a recent report released by DNV GL, the solar manufacturing arm of Adgroup, Mundra Solar PV Limited has emerged as the only Indian company to feature in the fourth annual […] Read more
Pre-bid Meeting for 10K MW Held, 29 Companies Participated Updated On Sat, Jun 23rd, 2018 by Saurenergy The companies that participated include representatives from SoftBank Group’s SB Energy and global solar giant GCL. For the forthcoming 10,000 MW manufacturing-linked solar auctions, around 29 companies participated in the pre-bid meeting in Delhi. The Solar Energy Corporation of India (SECI) would be conducting these auctions across the board. The companies that participated include representatives […] Read more
Solar Manufacturing Scenario of India Updated On Fri, Jun 22nd, 2018 by Saurenergy The incredible growth shown by Indian solar market is un-matching and an important for sector where the country can excel. Initiatives` like International Solar Alliance by India and multiple schemes that benefit the industry have been put in place. If fully harnessed the industry has a strategic importance for the country as it can save […] Read more
SunPower Acquires US Rival SolarWorld Americas Updated On Thu, Apr 19th, 2018 by Saurenergy The company will inject fresh capital into the SolarWorld Americas facility and implement leading-edge, high-efficiency P-Series solar panel manufacturing technology. SunPower has acquired 100 percent of the Hillsboro, Oregon-based SolarWorld Americas, a leading American manufacturer of solar panels. However, the purchase price was not disclosed by the company. The company will inject fresh capital into the […] Read more
Impose Safeguard Duty on Import of Solar Cells, says ISMA Updated On Mon, Apr 2nd, 2018 by Saurenergy The association has written to the Commerce Ministry favouring the Directorate General of Safeguards (DGS) recommendation of imposition of 70% duty on imports of solar PV cells and modules. The Indian Solar Manufacturers Association (ISMA) has demanded from the government for the imposition of safeguard duty on imports of solar cells and modules, saying it would be significant to […] Read more
India’s PV Module Manufacturing Sector Needs Serious Attention Updated On Sat, Mar 31st, 2018 by Saurenergy India’s manufacturing sector is set to take a giant leap forward, with the government announcing a slew of measures to boost domestic manufacturing in recent past. As a result, various companies are gearing up to expand their production facilities in India. However, Indian manufacturers continue to face a stiff competition with Chinese and other global […] Read more
70% Safeguard Duty on Solar to Dampen Investor Sentiment: Par Panel Updated On Wed, Mar 14th, 2018 by Saurenergy Custom Duty on Solar Cells/Modules/Panels should not be levied and they should continue to enjoy exemption from custom duty as before. Safeguard Duty should not be of the tune (70 per cent) that will hamper our own programme and it should not affect the bids which have already taken pace, panel has said. A Parliamentary […] Read more