Karnataka Bags Proposals Worth Rs 72K Cr, With EVs and Solar in Focus Updated On Mon, Feb 17th, 2020 by Saurenergy It has been reported that Rs 72,000 crore investment proposals were received at the Invest Karnataka meet for the states’ northern region. It has been reported that Rs 72,000 crore investment proposals were received at the Invest Karnataka meet, held on February 14, 2020, for the states’ northern region. “About 50 foreign and domestic firms […] Read more
Govt Asks Solar Manufacturers to Submit List of Items for Basic Custom Duty Exemption Updated On Thu, Feb 13th, 2020 by Saurenergy In a step towards providing further relief to domestic solar manufacturers in the country, the Government on Thursday has asked the solar photovoltaic (PV) manufacturers and related associations to submit their list of items to be included in the Basic Custom Duty (BCD) exemption list. In this regard, the Ministry of New and Renewable Energy […] Read more
NEDO and Panasonic set Highest Efficiency for Largest-area Solar Cell Module Updated On Mon, Feb 10th, 2020 by Saurenergy Panasonic has achieved the world’s highest energy conversion efficiency of 16.09 percent for a perovskite solar module in collaboration with NEDO. The Panasonic Corporation has achieved the world’s highest energy conversion efficiency of 16.09 percent for a perovskite solar module (Aperture area 802 cm2: 30 cm long x 30 cm wide x 2 mm thick) […] Read more
Govt Modifies Provision; Cuts Application Fees for Small Solar Module Manufacturers Updated On Fri, Feb 7th, 2020 by Saurenergy In a significant step towards providing further relief to small solar module manufacturers, the Ministry of New and Renewable Energy (MNRE) has modified its existing provisions related to application fees. As per the new provisions, for small photovoltaic (PV) module manufacturers having total installed manufacturing capacity less than or equal to 50 MW, the application […] Read more
Vikram Solar Hires Inox Wind’s Saibaba Vutukuri as New CEO Updated On Wed, Feb 5th, 2020 by Saurenergy In a significant development, country’s one of the leading solar module maker Vikram Solar on Wednesday said that it has appointed Saibaba Vutukuri as its new Chief Executive Officer (CEO). After Vutukuri’s appointment, Gyanesh Chaudhary, who was earlier holding the post of Managing Director and CEO of Vikram Solar, will remain as the company’s Managing […] Read more
Here’s how Indian Solar Industry Evaluates the Budget 2020 Updated On Mon, Feb 3rd, 2020 by Saurenergy The stakeholders from the solar industry has broadly welcomed the Narendra Modi led NDA government’s Union Budget 2020, as this time the power and renewable energy sector managed to get more attention in the budget. This time Finance Minister Nirmala Sitharaman’s budget got more relevance as it came at a time when the country’s economy […] Read more
Budget 2020 and Renewables. An Evolving Story Updated On Sun, Feb 2nd, 2020 by Saurenergy In the longest budget speech in history, the Finance Minister , Ms Nirmala Sitharaman managed to find a mention of the renewable sector, especially solar, at the beginning, middle and end, as it turned out. While the mention in the beginning was for the energy needs of farmers and the role of solar power, the […] Read more
Waaree ESS Inks Supply Pact with GreenVolt Mobility for Li-Ion Batteries Updated On Sat, Feb 1st, 2020 by Saurenergy With an aim to contribute towards India’s electric vehicle (EV) revolution, Waaree ESS Pvt Ltd, a Mumbai-based startup company engaged in the manufacturing of Lithium-Ion (Li-Ion) batteries, on Saturday said that it has entered into a partnership with GreenVolt Mobility, Ahmedabad-based EV startup. As per the agreement signed, Waaree ESS will supply its Li-Ion batteries […] Read more
Budget 2020: Solar Industry Wishlist for Sitharaman Updated On Mon, Jan 27th, 2020 by Saurenergy Undoubtedly, the most important economic event of the year going to take place on February 01, 2020, when the Finance Minister Nirmala Sitharaman tabled her second Union Budget in the Parliament. It is widely expected that the main focus of the Narendra Modi 2.0 government will be on again kick starting the engine of economic […] Read more