Why The Solar PLI Scheme Will Throw Up Big Opportunities, And Challenges For Industry Updated On Wed, Feb 2nd, 2022 by Saurenergy The allocation of a further Rs 19,500 crore for solar manufacturing under the Solar PLI (Performance Linked Incentive) scheme, which rewards manufacturers for both backward integration and exports, is indeed a big deal. Taken in its entirety with the existing Solar PLI scheme of Rs 4500 crore that is already under execution, the scheme will […] Read more
FM Assures Manufacturer Associations Of BCD As Promised, From April 1, 2022 Updated On Fri, Jan 7th, 2022 by Saurenergy Finance minister Nirmala Sitharaman has assured delegation of domestic solar manufacturers that the Basic Customs Duty (BCD) that was announced on modules and cells almost 9 months back, will be implemented as scheduled, from April 1, 2022. This is basis a release shared by NIMMA, or the North India Module Manufacturers Association, which was among […] Read more
PM-KUSUM – The Solar Saviour? Updated On Tue, Oct 6th, 2020 by Saurenergy The PM-KUSUM scheme seeks to be the ultimate gamechanger for energy security and the rural economy. We examine the early challenges that it is facing and come to a conclusion. It’s a great idea that will need tweaks to increase coverage, and some key policy interventions to get on schedule. By Prasanna Singh You know […] Read more
Non China Solar Brands Eye Opportunities Updated On Wed, Sep 30th, 2020 by Saurenergy As the focus shifts to alternatives to made in China brands, domestic as well as other international brands sense an opportunity to grow faster in the Indian market Solar has been one of those few sectors where we can be proud of our achievements, thanks to special attention it received from the government. But even […] Read more
Change-in-law Payments Worth an Additional Rs 4000 Cr for Solar Sector: CRISIL Updated On Wed, Aug 5th, 2020 by Saurenergy Change in Law payments by Discoms and SECI for GST to SPDs, together with SGD reimbursements will lead to Rs 4,000 crore cash inflow for the solar sector, as per CRISIL. Recent commencement of Change in Law payments by state power distribution companies (Discoms) and the Solar Energy Corporation of India (SECI) for Goods and […] Read more
Possible Effects of Coronavirus on Solar Industry Updated On Mon, Feb 24th, 2020 by Saurenergy China is the largest producer of solar raw material globally. It supplies 85 percent of the raw material to the solar industry. China virtually controls the entire value chain from silicon to ingot, wafer, cell and module. Any potential strain could have an adverse impact in supplies. Southeast Asian module manufacturers to a large extent […] Read more
Solar Projects Worth 3 GW at Risk due to Coronavirus Outbreak: CRISIL Updated On Mon, Feb 17th, 2020 by Saurenergy Nearly 3 GW of solar projects, worth Rs 16,000 crore, could be at risk of penalties for missing their respective SCODs due to Coronavirus outbreak Nearly 3 GW of solar projects, worth Rs 16,000 crore, could be at risk of penalties for missing their respective scheduled commercial operation date (SCOD) if the impact of Coronavirus […] Read more
Will the ban on ‘Blue Wafer Cell’ help in boosting the domestic solar manufacturing? Updated On Sat, Nov 23rd, 2019 by Saurenergy Recently, government had imposed restrictions on the use of imported ‘blue wafer/ diffused silicon wafer’ for the manufacturing of solar PV cells, as such PV cells will not qualify under the category of domestically manufactured solar cells under various government schemes. Here’re some views and voices from the solar industry on its impact: Manish Aggarwal, […] Read more
Rupee fall puts Rs 28,000 crore solar projects at risk Updated On Wed, Oct 31st, 2018 by Saurenergy With safeguard duty, this can crank up tariffs by 30 paise/unit for future projects Nearly half of the solar power capacities under implementation worth ~Rs 28,000 crore face viability risk because of the continuous fall in the rupee, which has made imported solar modules costlier and increased the cost of setting up solar plants. These […] Read more
