Boost to SMEs, Easy Imports, Cheaper Financing: Solar Expectations from Budget ’23 Updated On Tue, Jan 31st, 2023 by Saurenergy Budget 2022 made major announcements. Primary among them was the earmarking of Rs 19,500 crore for production linked incentives towards the manufacturing of high efficiency solar photo voltaic modules. While this has been a source of hope for the industry, a major mood dampener has been the imposition of duties on solar cells and modules. […] Read more
Solar EPC: After Strong 2022, Industry Looks Ahead To Continuity in 2023 Updated On Tue, Jan 31st, 2023 by Saurenergy The Indian Solar EPC market looked good in the year gone-by as several EPC projects, both government and private, took off in 2022. Interestingly, even as large EPC firms with a global footprint like Sterling and Wilson Renewable Energy struggled with projects where they were on the hook for fixed price contracts, bearing heavy losses, […] Read more
Sungrow Launches Its Latest Residential Solar-Storage-EV Charging Solution Updated On Tue, Jan 31st, 2023 by Saurenergy Global inverter and energy storage system solution supplier Sungrow has launched its latest integrated solution for ‘residential solar-storage-EV charging’ at the InterSolution 2023 that is being held in Belgium. Sungrow also showcased its new commercial inverter SG125CX together with the utility solution 1500V string inverter SG350HX for Benelux in Belgium to help the region achieve […] Read more
EV Industry Pins Hopes on GST Cuts, Charging Infra, FAME, PLI for Budget 2023 Updated On Mon, Jan 30th, 2023 by Saurenergy Though at its nascent stage, the EV sector has witnessed colossal growth. 2022, in particular, was a sterling year for it as the sales registers kept ringing as consumers finally began investing their faith in electric vehicles. The sales figures in FY 22 more than tripled when pitted against FY 2021. Major announcements at policy […] Read more
BrightNight Announces Maiden 100 MW Hybrid Wind-Solar Project in India Updated On Mon, Jan 30th, 2023 by Saurenergy Global renewable power producer BrightNight has announced plans for one of its inaugural projects in India which is a differentiated 100 MW co-located, wind-solar hybrid renewable power project in Maharashtra. The official statement of BrightNight held that the wind solar project will deliver clean, high-capacity factor power to commercial and industrial (C&I) customers in the […] Read more
The Top 5: Game-Changing Renewable Energy Projects In The Middle East Updated On Mon, Jan 30th, 2023 by Saurenergy The energy transition towards renewables has recently seen an increase in Middle Eastern countries, especially in Saudi Arabia, UAE, Egypt, Morocco etc. Once dependent on its plentiful reserves of oil and gas for wealth, the region is finally embracing the zero-carbon emission goals. As per IRENA’s World Energy Transitions Outlook (WETO), the region could obtain […] Read more
NTPC Reports 5% PAT Growth YoY in Q3, Renewable Capacity Dominates Additions Updated On Sun, Jan 29th, 2023 by Saurenergy NTPC, which is India’s largest energy conglomerate, has shared its results for Q3. The entity has reported a net profit of Rs 4,854.36 crore for the October-December quarter of FY23 on Saturday, nearly 5 per cent higher as compared to Rs 4,626.11 crore in the year-ago period. The company’s board has also declared a Rs […] Read more
Gautam Solar’s 545 Wp Series of 10BB Mono Solar Panels Get ALMM Approval Updated On Fri, Jan 27th, 2023 by Saurenergy The latest ALMM list for January is out, and it brings glad tidings for many firms, including the 14 new entrants. For Gautam Solar , it is the successful inclusion of its 545 Wp Series of 10BB Monocrystalline PERC Solar Panels that is reason for celebration in the critical list brought out by the Ministry […] Read more
Luminous Announces India’s First Green Solar Panel Manufacturing Facility In Uttarakhand Updated On Fri, Jan 27th, 2023 by Saurenergy Delhi-based Luminous Power Technologies has announced its new state-of-the-art solar panel manufacturing plant in the northern state of Uttarakhand. Located in the industrial region of Rudrapur, the state-of-the-art facility is equipped with the latest technology to design and produce high-quality solar panels that will be used for both residential and commercial applications. The new manufacturing […] Read more
