High Court to Hear Petition on Solar Imports Duty Likely on February 13 Updated On Thu, Feb 8th, 2018 by Saurenergy The Madras High Court admitted Shapoorji Pallonji’s petition on January 19 and issued a temporary stay on the implementation of the recommendation. In a significant development, High Court has decided to hear the petition filed against the preliminary recommendation of the Director General (Safeguards) to impose 70 percent safeguard duty on imported solar panels and […] Read more
Budget 2018: Reactions From the Solar Industry Updated On Thu, Feb 1st, 2018 by Saurenergy Jaitley in his budget 2018 speech proposed that the duty on solar tempered glass or solar tempered [anti-reflective coated] glass for the manufacture of solar cells, panels, modules be reduced from 5 percent to zero. The Budget 2018 presented by Finance Minister Arun Jaitley has proposed to eliminate the import duty on components that […] Read more
Domestic Manufacturers Hoping of a Favorable Budget 2018 Updated On Thu, Feb 1st, 2018 by Saurenergy Currently, importing machinery and manufacturing equipment incur a heavy duty, compared to the duty-free import of finished products like Solar PV modules. As the administration keeps on the significance of the expanded appropriation of the sustainable power source, the power area seeks after a truly necessary push to domestic equipment manufacturers in the current year’s Union Budget. […] Read more
Budget 2018: Solar Industry Demands Clarity, Relief in Safeguard Duty Updated On Mon, Jan 29th, 2018 by Saurenergy According to industry experts, the imposition will not only increase the tariff by almost Re 1 but it will put the projects under execution in deep trouble resulting in making them unviable, turning them into non-performing assets. With the proposed imposition of 70 percent safeguard duty on import of solar power equipment and concerned about […] Read more
Donald Trump’s Tariff on Imported Solar Panels Will Cost 23,000 Jobs: SEIA Updated On Tue, Jan 23rd, 2018 by Saurenergy The Donald Trump administration has decided to slap a whopping 30 percent tariff on solar cells and washing machines imported from China. The Solar Energy Industries Association (SEIA) has stated that the 30 percent tariffs on imported solar panels and cells will cost the United States 23,000 jobs. Angered by the Trump’s decision, the trade […] Read more
Center Should Resolve Issues Pertaining To Policy: Vikram Solar CEO Updated On Thu, Jan 18th, 2018 by Saurenergy Vikram Solar had closed 2014-15 with a turnover of 623 crores, 910 crore in 2015-16 and 1,659 crores in 2016-17. This shows a compounded annual growth rate of 54 percent over the past five years. In order to boost the solar energy sector growth, the central government should step up and take valuable decisions to […] Read more
String Inverters – Igniting the Solar Market in 2018 Updated On Thu, Jan 18th, 2018 by Saurenergy The renewable energy sector is catapulting a holistic approach in the overall technology world. Especially ‘Solar Power’ which has a GW trail to his name is seen as the next big revolution in renewable energy sector. The power demands in future will become ruthless and Government is writing subpoena for Solar Experts and companies to […] Read more
IHS Markit: Global Solar Installations to Pass 100GW in 2018 Updated On Wed, Jan 17th, 2018 by Saurenergy Market analyst IHS Markit has issued its first forecast for 2018 installations. It expects the global market to surpass the 100 GW mark for the first time ever, hitting 108GW. IHS Markit is predicting another recording breaking year for solar in 2018, forecasting installations to hit 108 GW by the end of the year. The […] Read more
70 percent Safeguards Duty on Solar to Put Rs 12,000 Crore Ventures in Danger Updated On Wed, Jan 17th, 2018 by Saurenergy The Ministry of Finance, through its Standing Board of Safeguards, will take an ultimate choice on the burden of defending the duty either on the temporary or the last proposals of the Directorate General of Safeguards. Imposing 70 percent of safeguard duty on imported solar panels and modules from China and Malaysia, as suggested by […] Read more
