AISIA Bats for 50% BCD on Solar Equipment Updated On Fri, Aug 21st, 2020 by Saurenergy The Body urged Government of India on immediate implementation of BCD All India Solar Industries Association (AISIA) has urged the government to impose at least 50% basic custom duty (BCD) on solar equipment for sustenance of domestic manufacturers. The country’s dependency on China for solar imports in FY20, was recorded at imports worth $1.3 billion. […] Read more
40% of All new Launches in China in Next 5 Years to be Electric: GM Updated On Thu, Aug 20th, 2020 by Saurenergy General Motors (GM) has highlighted that in electrification, more than 40 percent of its new launches in China in the next 5 years will be electric models. General Motors (GM) has recently announced its technology rollout plan for electrification, intelligent driving and connectivity in China, with an immersive display at the PATAC Design Dome in […] Read more
Vestas Surpasses 1 GW Order Intake in China in 2020 With two new Orders Updated On Wed, Aug 12th, 2020 by Saurenergy Vestas has received two new orders in China, which has taken the manufacturers’ order intake in the country well over the 1 GW mark for the year 2020. Global wind major Vestas has announced that it has received two new orders for the supply of wind turbines for wind energy projects in China which have […] Read more
BCD on Chinese Imports to be Delayed by 2-3 Weeks: MNRE Updated On Wed, Aug 5th, 2020 by Saurenergy The basic customs duty (BCD) on solar imports from China, which was supposed to be implemented from August 1, 2020, will be delayed by 2-3 weeks. The basic customs duty (BCD) on solar imports from China, which was supposed to be implemented from August 1, will be delayed for another two to three weeks, per […] Read more
COVID-19 Lowers Solar Equipment Imports by 83 Percent Updated On Wed, Aug 5th, 2020 by Saurenergy The COVID-19 pandemic has left a big mark on the Indian solar sectors’ imports from China, with imports during the first quarter down by over 83 percent. The COVID-19 pandemic has left a big mark on the Indian solar sectors’ imports from China, with data from the Ministry of Commerce suggesting that the Indian imports […] Read more
China to add 251 GW of new wind capacity by 2029 Updated On Mon, Aug 3rd, 2020 by Saurenergy Subsidy phase-out to impact 16% of onshore wind capacity additions China is expected to add 251 GW of new wind power projects to its grid by 2029. According to a Wood Mackenzie report, the country’s wind power market could reach a cumulative grid connected capacity of 461 GW by the end of the decade. More […] Read more
Xpeng Starts Delivery of its Intelligent EV Sports Sedan ‘P7’ Updated On Mon, Jun 29th, 2020 by Saurenergy Xpeng Motors has begun nation-wide delivery of its new P7 super-long range, high-performance, smart EV sports sedan to customers. Xpeng Motors, a leading Chinese electric vehicle and technology company, has announced that it has begun nation-wide delivery of its new P7 super-long range, high-performance, smart EV sports sedan to customers. This follows the receiving of […] Read more
Top 15 Wind Asset Owners Account for 1/3rd of Global Wind Capacity: GWEC Updated On Thu, Jun 18th, 2020 by Saurenergy After nearly four decades of wind project development, wind power now plays a central role in energy portfolio planning in a growing number of countries. Now, it is no longer local citizens, but utilities, IPPs as well as commercial and industrial enterprises that drive wind farm development globally. In GWEC Market Intelligence’s most recent update […] Read more
Renewables Contributed Largest Increase in Energy Terms on Record in 2019: BP Updated On Thu, Jun 18th, 2020 by Saurenergy BP plc has issued its Statistical Review of World Energy, revealing that renewables contributed their largest increase in energy terms on record during 2019 BP plc, a multinational oil and gas company headquartered in London, has issued its 69th annual edition of the bp Statistical Review of World Energy (bp Stats Review). The report found […] Read more