‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees Updated On Mon, Mar 16th, 2020 by Saurenergy The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […] Read more
2043 MW new Wind Capacity Added in India This Fiscal: RK Singh Updated On Fri, Mar 13th, 2020 by Saurenergy RK Singh has informed that 2043 MW of new wind energy capacity has been installed in the country in the current fiscal year up until February 29, 2020. Union Minister for Power and New and Renewable Energy RK Singh has informed that 2043 MW of new wind energy capacity has been installed in the country […] Read more
Green Energy Projects Received Rs 1.34 lakh Crore in Investments Over last 3 years Updated On Thu, Mar 12th, 2020 by Saurenergy Green energy projects have attracted investments of about Rs 1.34 lakh crore between April 2017 and January 2020, the Parliament was informed by RK Singh. Green energy projects have attracted investments of about Rs 1.34 lakh crore between April 2017 and January 2020, Parliament was informed on Thursday. “Based on standard capital cost per MW, an […] Read more
Solar Cells in Focus as DGTR Initiates Review of Safeguard Duty Updated On Fri, Mar 6th, 2020 by Saurenergy Following a representation by Indian manufacturers of solar cells, the Directorate General of of Trade Remedies(DGTR) has started a review of the Safeguard Duty(SGD) that was put into place in 2018, on imports of solar cells, mostly targeting China. A review in this case would typically cover the effectiveness of the SGD that was imposed […] Read more
Record Amount of Wind Turbine Capacity Ordered Globally in 2019 Updated On Fri, Mar 6th, 2020 by Saurenergy 2019 saw nearly 100 GW of global wind turbine order capacity, shattering the previous record set in 2018, according to a new analysis. 2019 saw nearly 100 GW of global wind turbine order capacity, shattering the previous record set in 2018, according to a new analysis from Wood Mackenzie. As noted in the report, ‘Global […] Read more
Ratings for Solar to Remain Stable, Wind Revised to Negative: India Ratings Updated On Fri, Mar 6th, 2020 by Saurenergy India Ratings has maintained a stable outlook for solar power projects for FY21 while revising the outlook on the wind sector to negative from stable. India Ratings and Research (Ind-Ra) has maintained a stable outlook on the overall energy and infrastructure sector, including solar power projects for FY21 while revising the outlook on the wind […] Read more
DGTR Begins Review for Extension of Safeguard Duty on Solar Cells Updated On Fri, Mar 6th, 2020 by Saurenergy DGTR has begun a probe on whether to continue with the imposition of safeguard duty on solar cells following an application made by domestic companies The Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce and Industry, has notified that it has begun a probe on whether to continue with the imposition of […] Read more
Wind Energy – The Struggling Pillar of the European Green Deal: WindEurope Updated On Tue, Mar 3rd, 2020 by Saurenergy Wind is a natural pillar of the European Green Deal, but the sector is struggling and Europe is at risk of losing its global leadership on wind energy. When launching the European Green Deal in December President von der Leyen described it as the EU’s new growth strategy. The Industrial Strategy to be launched by […] Read more
Sungrow Inks Pact with Panasian Power to Boost its Inverter Supply in Sri Lanka Updated On Mon, Mar 2nd, 2020 by Saurenergy Sungrow, which is among the world’s most bankable inverter brands with more than 100 GW installations, has recently entered into a distribution pact with Panasian Power PLC, a Sri Lanka-based supplier of clean and renewable energy to Sri Lankan national grid. The China-based central and string inverters supplier said that, Panasian Power PLC is the first official […] Read more
