New Energy Solar to Buy 87 MW Beryl Project from First Solar Updated On Wed, Jul 25th, 2018 by Saurenergy Currently, the 87 MW Beryl Solar Project is under construction and is expected to start commercial operation in mid-2019. Sydney based New Energy Solar has inked a binding pact to acquire Beryl solar project from First Solar in Australia. The company said in a statement that, “It has entered into binding agreements to acquire the […] Read more
Tender for DSIR’s 1000 MW Solar Project likely in August Updated On Tue, Jul 24th, 2018 by Saurenergy Out of the planned 5000 MW of solar power project establishment in DSIR, the authorities decided to roll out 1000 MW tender as the first phase of the project. The overall cost of power plant project is estimated at Rs 25,000 crore and spread across 11000 hectares. Government is likely to roll out the 1000 […] Read more
Indian Manufacturers to benefit from Rs 8000 Cr Solar Energy Scheme Updated On Mon, Jul 23rd, 2018 by Saurenergy If the Solar Energy Scheme gets required approvals and execution, it would mandate the Indian solar cell’s manufacturers to manufacture without the violation of WTO’s trade rules. A 12 Gigawatts Solar Energy Scheme to back the indigenous manufacturing of the solar energy components is underway. The scheme is proposed to be costing Rs 8000 crore. […] Read more
TMEIC Solar Inverters to Power Rewa Ultra-Mega Solar Park in India Updated On Fri, Jul 20th, 2018 by Saurenergy The company will supply it’s 100 solar central inverters for the 250 MW phase of a prestigious 750-MWac Rewa Ultra-Mega Solar Park in Central India. TMEIC Industrial Systems India (TMEIC India), Indian arm of TMEIC Japan, has inked a pact with a leading EPC company in India for the supply & commissioning of its 2.55 […] Read more
TGI Solar Soon to Make Electric Vehicles; Mulls Europe Expansion Updated On Wed, Jul 18th, 2018 by Saurenergy The company’s initial plan of electric vehicles assembly plant, will require financing of Euro 15-20 mm in combination of debt and equity. TGI Solar Power Group (TGI Solar) has received a draft of manufacturing agreement, which would allow the company’s auto division to begin production of electric vehicles and further proceed with its expansion plans in Europe. […] Read more
How Many Chinese Module Suppliers can Compete with JinkoSolar, Outside China? Updated On Tue, Jul 17th, 2018 by Saurenergy Since Chinese investments into major cell and module facilities started – more than 10 years ago – success ultimately has been driven by overseas market-share gains, above other technical or financial benchmarks that otherwise would be expected. However, despite the efforts of well over 50 Chinese cell/module makers (where the cut-off is including those with […] Read more
DGTR Recommends Safeguard Duty of 25% on Solar Panel Imports for First Year Updated On Tue, Jul 17th, 2018 by Saurenergy The Directorate General of Trade Restrictions (DGTR) has recommended imposing a safeguard duty on solar panels and modules imported from China and Malaysia for two years – 25% for the first year, 20% for the next six months and 15% in the last phase, citing injury to domestic industry. This follows seven months of intense […] Read more
Corporates and Multinationals Showing Interest in Solar-powered Factories Updated On Fri, Jul 13th, 2018 by Saurenergy There are half a dozen established solar companies tapping the corporate sector, as solar power prices have crashed to a viable less than Rs 3/kWh (kilowatt hour) from over Rs 5/kWh three years ago. Indian corporates and multinationals are increasingly showing their interest in shifting from conventional source of energy to solar energy. Many leading […] Read more
Indian Embassy in China Hold Seminar on Indian Solar Sector Updated On Wed, Jul 11th, 2018 by Saurenergy More than 150 delegates from more than 110 Chinese companies, financial institutions and banks participated in the seminar on Indian solar sector. To gauge the business opportunities in the solar sector more than 110 Chinese companies attended a seminar in China. The seminar was also aimed at wooing Chinese manufacturers to invest in India. The […] Read more
