As Chinese Solar Firms Raise Silicon Wafer Prices, Will Transmission Happen To Cells and Modules? Updated On Mon, Sep 2nd, 2024 by Saurenergy With the recent increase in silicon wafer prices by certain Chinese solar companies including Longi, the firms hope that this will also impact the cost of solar cells exported from China to other countries. Given China’s dominant position in solar cell exports, higher wafer prices could influence global solar module costs in destination markets. Prices, […] Read more
SEIA Backs Biden Move On Expanding Scope of Tariffs For Solar Cell Imports Updated On Wed, Aug 14th, 2024 by Saurenergy The Biden administration has issued a proclamation to raise the Section 201 tariff rate quota (TRQ) for imported solar cells from 5 gigawatts (GW) annually to 12.5 GW. The TRQ increase to 12.5 GW is retroactive for cells imported on or after August 1, 2024. Following is a statement from Abigail Ross Hopper, president and […] Read more
Green Stocks August 5: Market Crash Singes Green Energy Stocks Too Updated On Mon, Aug 5th, 2024 by Saurenergy On a day when global markets were roiled by multiple issues ranging from the escalation of Middle East hostilities to the US-Japan carry trade, India’s markets too bent to the global winds. As the nifty dropped over 2.5%, green energy stocks, the market’s favorites during the sharp rise seen this year, suffered, with developers, EPC’s, […] Read more
Budget 2024 Announcements On PSP, Thermal- Hit Or Miss? Updated On Wed, Jul 24th, 2024 by Saurenergy As the dust settles on the budget announcements, by all accounts the budget continues to lose relevance in terms of the sort of disruptive changes it could bring earlier. For the renewable sector, that means even as the loud clamor for a reduction of GST rate on equipment like turbines and modules from 12% to […] Read more
Budget: Provision For Critical Minerals, Lithium To Boost EV Growth Updated On Tue, Jul 23rd, 2024 by Saurenergy The latest budget announced by Union Finance Nirmala Sitharaman announced several interventions that can fuel the growth of Electric Vehicles (EVs) and battery industries across the country. In the recent budget released by the minister in the Parliament, she announced to reduction the Basic Customs Duty (BCD) to zero on critical minerals and numerous components. […] Read more
What The Green Industries Said About Budget 2024? Updated On Tue, Jul 23rd, 2024 by Saurenergy Hours after Finance Minister Nirmala Sitharaman announced the Union Budget 2024, the industry leaders also reacted to the budget announcements. Many of them talked about the benefits and challenges of the industry in the light of the announcements. The minister, in her budget speech talked about imposing Customs Duty on solar glass imports and include […] Read more
Budget 2024: Govt Imposes New Customs Duty On Solar Glass Updated On Tue, Jul 23rd, 2024 by Saurenergy Union Finance Minister Nirmala Sitharaman today presented the Union Budget for 2024-25 before the Parliament. The minister talked about several steps taken by the government towards India’s sustainable energy transition besides rolling out some more plans of the government to boost the growth of the renewable energy industry in the sector. She also talked about […] Read more
What The Indian EV Sector Expects From Union Budget 2024 Updated On Mon, Jul 22nd, 2024 by Saurenergy With a day left for the Union Budget, the Electric Vehicle (EV) and the battery manufacturers, battery recycling companies have pinned their hopes on the budget. The industry now expects attention to the sector to weed out some of the major hurdles in the sector. Following are the expectations of the industry from the budget– […] Read more
What The Renewable Industry Expects From Union Budget? Updated On Fri, Jul 19th, 2024 by Saurenergy Days ahead of the Union Budget 2024, the Indian renewable energy companies have pinned their hopes on the event. A number of green companies have shared their expectations from the budget. Several of them batted for attention of better taxation regime, working on the hurdles for the green companies and suggested several means that can […] Read more
