Waaree Praises PLI but Says Indian PV Manufacturers Facing Challenges Updated On Tue, May 4th, 2021 by Saurenergy Mumbai-headquartered solar PV module manufacturer Waaree Group has expressed appreciation for the government’s recently announced Production Linked Incentive (PLI) scheme and has highlighted the challenges currently facing Indian manufacturers of solar power generation equipment. Chairman and Managing Director Hitesh Doshi believes that the PLI scheme will boost the country’s manufacturing sector, which is paramount today. He […] Read more
PLI Scheme for Manufacturing of High Efficiency PV Modules a Positive for Domestic OEMs: ICRA Updated On Tue, May 4th, 2021 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has notified the guidelines for the Production- Linked Incentive (PLI) scheme to promote the domestic manufacturing of high-efficiency solar modules and thereby reduce dependence on imports in the solar power sector. The scheme has been approved with a financial outlay of Rs. 4500-crore over a period of […] Read more
New Surge in Downstream Demand has Driven the Polysilicon Shortage to a Crisis Point – JinkoSolar Updated On Sat, Apr 24th, 2021 by Saurenergy In an official statement, the global vice president of Chinese solar manufacturer JinkoSolar, Dany Qian, said that polysilicon prices are not expected to drop for at least six months. The company’s general manager for South & Central Asia, Daniel Liu, stated that Jinko is not backing out from any of the signed deals with its […] Read more
With Intense Covid 2nd Wave, SPDA Appeals For a Further 3 Month Breather From MNRE Updated On Mon, Apr 19th, 2021 by Saurenergy The Solar Power Developers Association (SPDA), a key representative body for solar developers, has appealed to the MNRE for a further 3 month extension on top of the 5 month extension granted back in 2020, for completing solar projects. The association counts large developers including Avaada power, Azure Global, Acme Solar and ReNew Power amongst […] Read more
CESC Seeks Solar Power Suppliers To Meet RPO Obligations Updated On Mon, Apr 19th, 2021 by Saurenergy CESC, the privately owned discom and power generator that is entrusted with managing power for the city of Kolkata in West Bengal, has advertised for its April to October renewable purchase requirements. RPO’s are considered key to driving demand for solar power, enabling the sector’s expansion. In fact, even as CESC has advertised for its […] Read more
Solar Crosses 40 GW Mark in India, Renewable Capacity at 94.43 GW Updated On Fri, Apr 16th, 2021 by Saurenergy MNRE in its monthly summary to the cabinet for March 2021 has revealed that the installed solar capacity in India has crossed the 40 GW mark The Ministry of New and Renewable Energy (MNRE) in its monthly summary to the cabinet for the month of March 2021 has revealed that the installed and operational solar […] Read more
Backlog of Unsigned PSAs Risk Slowing India’s Renewable Energy Growth Updated On Wed, Apr 7th, 2021 by Saurenergy Delays in signing PSAs are a bottleneck in the growth of renewable energy capacity in India, jeopardising the 175 GW by 2022 target Delays in signing power sale agreements (PSAs) are a bottleneck in the growth of renewable energy capacity in India, jeopardising the government’s renewable energy target of 175 gigawatts (GW) by 2022, dampening […] Read more
Tata Power Receives LoA From GUVNL for 60 MW Solar Project in Gujarat Updated On Tue, Mar 30th, 2021 by Saurenergy Tata Power has received an LoA from GUVNL to develop a 60 MW solar project in the state of Gujarat. Tata Power, one of India’s largest integrated power companies, has announced that the Company has received a Letter of Award (LoA) from Gujarat Urja Vikas Nigam Limited (GUVNL) on March 26, 2021, to develop a […] Read more
MNRE Urgently Needs Strategic Plan to Achieve 100 GW Solar Target: SCOE Updated On Mon, Mar 22nd, 2021 by Saurenergy The SCOE has recommended MNRE to speedily work out a strategic plan to achieve the target of 100 GW solar energy within the deadline of 2022 The Standing Committee on Energy (SCOE) recently presented its 17th report on ‘Action Plan for the achievement of 175 Gigawatt (GW) Renewable Energy Target’, relating to the Ministry of […] Read more
