PLI Scheme for Solar Manufacturing Finally Gets Cabinet Approval Updated On Wed, Apr 7th, 2021 by Saurenergy Yet another piece in India’s solar manufacturing ambitions fell into place today with the union cabinet, chaired by Prime Minister Narendra Modi, approving the Ministry of New & Renewable Energy’s proposal for the implementation of the Production Linked Incentive (PLI) Scheme ‘National Programme on High-Efficiency Solar PV (Photo Voltic) Modules’ for achieving manufacturing capacity of […] Read more
Global Solar Installations to Grow 27% to Reach 181 GW in 2021: IHS Updated On Tue, Mar 30th, 2021 by Saurenergy According to a report by IHS Markit, the new global solar photovoltaic (PV) installations are expected to grow by 27 percent this year to a record 181 gigawatts (GW), led by China, the United States, and India. However, new solar PV installations were at 142 GW in the year 2020. Although this year the prices […] Read more
The BCD Calculus: Will It Deliver The Right Outcomes? Updated On Thu, Mar 25th, 2021 by Saurenergy As expected, once it did arrive, India’s Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, […] Read more
Key Downside Risk in the Wake of BCD Announcement is Delays in Signing of PPAs/PSAs: ICRA Updated On Thu, Mar 25th, 2021 by Saurenergy Given the expected increase in solar tariffs amid the imposition of BCD, the delays in the signing of PPAs/PSAs is a key downside risk in the near term ICRA Ratings has said that policy support and tariff competitiveness factors are likely to continue driving investments in the renewable energy (RE) sector. However, on the flip […] Read more
Solex Energy Ltd is the 2nd Most Trustworthy Solar EPC Company Updated On Tue, Mar 23rd, 2021 by Saurenergy As per the a survey conducted by USAID, GERMI and CII in the month of October-Novermber-2020 spread over a period of two months, Solex Energy Ltd has come out in flying colour and stood 2nd in the Solar EPC works in its PV installations across Gujarat securing 69.9 marks out of 100. Gujarat Energy Research […] Read more
Approach for Energy Sector has Been Reach, Reinforce, Reform & Renewable Energy: PM Modi Updated On Fri, Feb 19th, 2021 by Saurenergy Prime Minister Narendra Modi addressed a webinar for consultation towards effective implementation of Union Budget provisions in the power and renewable energy sector. Stating that the sector plays a big role in the progress of the country and contributes to both ease of living and ease of doing business. In his address, Modi said that […] Read more
MNRE Halves Inspection fee for Solar Manufacturing Capacity upto 50 MW Updated On Thu, Feb 4th, 2021 by Saurenergy MNRE has revised the inspection fee for solar manufacturing capacity upto 50 MW to Rs 2.5 lakh from the existing Rs 5 lakh The Ministry of New and Renewable Energy (MNRE) has notified that under its guidelines for the enlistment under its order for “Approved Models and Manufacture of Solar PV modules (Requirement for Compulsory […] Read more
TANGEDCO Tenders for 500 MW Solar Projects Under KUSUM Scheme in TN Updated On Wed, Feb 3rd, 2021 by Saurenergy TANGEDCO has tendered for 1 MW to 2 MW solar projects for a cumulative 500 MW capacity under Component- A of the PM KUSUM scheme in Tamil Nadu. The Tamil Nadu Generation and Distribution Company (TANGEDCO) has issued a tender, seeking bids from eligible bidders for setting up of solar power projects of capacity 1 […] Read more
NTPC Seeking Developers for 735 MW Solar Projects in Nokh Solar Park Updated On Wed, Feb 3rd, 2021 by Saurenergy NTPC has issued an Invitation for Bids (IFB) seeking developers for setting up 735 MW of solar projects in the Nokh Solar Park in Rajasthan. NTPC Ltd has issued an Invitation for Bids (IFB) seeking developers for setting up 735 MW of solar projects in the Nokh Solar Park in Rajasthan. The projects will be […] Read more