Govt Modifies Provision; Cuts Application Fees for Small Solar Module Manufacturers Updated On Fri, Feb 7th, 2020 by Saurenergy In a significant step towards providing further relief to small solar module manufacturers, the Ministry of New and Renewable Energy (MNRE) has modified its existing provisions related to application fees. As per the new provisions, for small photovoltaic (PV) module manufacturers having total installed manufacturing capacity less than or equal to 50 MW, the application […] Read more
MNRE Clarifies on Manufacturers Exempt from BIS Registration Updated On Fri, Feb 7th, 2020 by Saurenergy In a bid to provide further relief to solar module manufacturers, the Ministry of New and Renewable Energy (MNRE) has issued clarification on the ‘definition of model’, ‘quantum of application fee’ and provisions w.r.t. manufacturers currently exempted from BIS registration and certification for ALMM (Approved List of Models and Manufacturers) application purpose. As per the […] Read more
Indonesia to Replace Fossil Fuel Plants with Renewable Plants Updated On Fri, Feb 7th, 2020 by Saurenergy With an aim to achieve its target of 23 percent renewable energy share in the energy mix by 2025, Indonesia is planning to replace its old fossil fuel plants with renewable energy, as per the data and analytics company report. The country, which is mainly dominated by thermal power generation, has renewable energy potential of […] Read more
Total to Buy 50% Stake in Adani’s Solar Portfolio for About USD 510 Mn Updated On Thu, Feb 6th, 2020 by Saurenergy In a bid to extend its long term partnership to renewables portfolio, Adani Group on Thursday entered into binding agreement to sell its half of the stake in solar energy assets for about USD 510 million to Total Gas & Power Business Services SAS (Total). As per the deal, Total will acquire 50 percent stake […] Read more
Vikram Solar Hires Inox Wind’s Saibaba Vutukuri as New CEO Updated On Wed, Feb 5th, 2020 by Saurenergy In a significant development, country’s one of the leading solar module maker Vikram Solar on Wednesday said that it has appointed Saibaba Vutukuri as its new Chief Executive Officer (CEO). After Vutukuri’s appointment, Gyanesh Chaudhary, who was earlier holding the post of Managing Director and CEO of Vikram Solar, will remain as the company’s Managing […] Read more
Flair Group to Solarise its Manufacturing Plant with SunAlpha Energy Updated On Wed, Feb 5th, 2020 by Saurenergy Rajasthan based SunAlpha Energy on Wednesday said that it has entered into partnership with Flair Writing Industries Ltd, country’s one of the leading manufacturers of writing instruments, to solarise its manufacturing facility. As per the deal, the company will install a solar plant of 150 kW capacity at the Flair’s manufacturing plant in Daman. Further, the […] Read more
MNRE Opens Entries for ‘Akshay Urja Puraskar Yojana’ Updated On Tue, Feb 4th, 2020 by Saurenergy With an aim to promote book writing on the new and renewable energy sector in Hindi language, the Ministry of New and Renewable Energy (MNRE) has opened entries for its yearly financial reward scheme ‘Akshay Urja Puraskar Yojana’. The MNRE said in a notification that “it invites entries for the original books written/ translated in Hindi in […] Read more
Here’s how Indian Solar Industry Evaluates the Budget 2020 Updated On Mon, Feb 3rd, 2020 by Saurenergy The stakeholders from the solar industry has broadly welcomed the Narendra Modi led NDA government’s Union Budget 2020, as this time the power and renewable energy sector managed to get more attention in the budget. This time Finance Minister Nirmala Sitharaman’s budget got more relevance as it came at a time when the country’s economy […] Read more
Energy Storage Industry Sees New Opportunities in Sitharaman’s Budget 2020 Updated On Sat, Feb 1st, 2020 by Saurenergy Welcoming the Finance Minister Nirmala Sitharaman’s Union Budget 2020, which was tabled in the parliament today, the energy storage industry body India Energy Storage Alliance (IESA) has sought numerous opportunities in this year’s Budget for the energy storage sector. From Sitharaman’s second Union Budget, the energy storage industry analyzed that it will not only provide […] Read more
