MNRE’s Recent Notification Clarifies Applicability of ALMM Order Updated On Thu, Jul 1st, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has received representations seeking clarifications about certain aspects of ALMM (Approved List of Models and Manufacturers) Order, 2019. In response to this, the Grid Solar Power Division of the ministry has issued a notification, inviting attention to key provisions/instructions relating to the ALMM Order. Check the Official […] Read more
Impact of Global Shift of Funds Away From Fossil Fuels on India: IEEFA Updated On Tue, Jun 15th, 2021 by Saurenergy The International Energy Agency’s (IEA) Net Zero Emissions (NZE) roadmap by 2050 is compatible with the Paris goal of restricting the temperature increase to below 1.5 degree Celsius. As per the NZE roadmap, the use of unabated fossil fuels declines sharply to just over a fifth of the total energy supply. More than two-thirds of […] Read more
DGTR’s Third Anti Dumping Investigation. Too Little, Too Late? Updated On Tue, May 18th, 2021 by Saurenergy The announcement by the ministry of commerce and industry of the Directorate General of Trade Remedies (DGTR) starting an anti-dumping probe on imports of solar cells imported from China, Vietnam, and Thailand was made yesterday. The move, while following due process as one would hope, leads to several questions regarding its relevance. Perhaps the only […] Read more
Backlog of Unsigned PSAs Risk Slowing India’s Renewable Energy Growth Updated On Wed, Apr 7th, 2021 by Saurenergy Delays in signing PSAs are a bottleneck in the growth of renewable energy capacity in India, jeopardising the 175 GW by 2022 target Delays in signing power sale agreements (PSAs) are a bottleneck in the growth of renewable energy capacity in India, jeopardising the government’s renewable energy target of 175 gigawatts (GW) by 2022, dampening […] Read more
LONGi Signs up for Green Hydrogen With Special Unit Updated On Wed, Apr 7th, 2021 by Saurenergy LONGi Green Energy, the largest solar manufacturer globally, has gone ahead and incorporated a business unit in March to explore and get in early into the green Hydrogen market. LONGi has a targeted manufacturing capacity of 40 GW in modules, 20 GW in cells, and mono ingots at 65 GW. The move by LONGi really […] 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
BCD Announcement This Week? Speculation Reaches Fever Pitch, Again Updated On Tue, Mar 2nd, 2021 by Saurenergy A report in BusinessLine, quoting sources in the MNRE, has speculated on the possibility of Basic Customs Duty (BCD) on modules and solar cells finally being announced this week. Readers will recall that the announcement was widely expected in the Union Budget in February, but was conspicuously missing. The report quotes its sources as saying […] Read more
Waaree Targets 5 GW Capacity by 2021 With 3 GW Module Line From Jinchen Updated On Mon, Jan 25th, 2021 by Saurenergy Chinese module manufacturer Yingkou Jinchen Machinery Co., Ltd. (Jinchen), has announced the signing of a deal with Mumbai based manufacturer Waaree Energies for a 3 GW high efficiency photovoltaic modules automatic production line. This is the largest stand alone project for any Chinese equipment manufacturer and any firm overseas. Waaree, led by Chairman and MD […] Read more
“I have not witnessed a demand like this for the last five years” Updated On Tue, Sep 29th, 2020 by Saurenergy Established in 2013, Artha Energy Resources (AER), is a boutique investment bank and developer focusing primarily in the renewable energy sector. It is India\s first and only investment bank focused on the Indian renewable energy sector. Currently, Artha Energy Resources has advised on renewable energy transactions worth $812 million, including 150 MW in large hydro projects, […] Read more
