Industry Splits on DGTR’s Proposed Imposition of Safeguard Duty Updated On Wed, Jul 18th, 2018 by Saurenergy Safeguard duty is bound to ensure an even playing field for both domestic and imported products, says Sunil Rathi. The solar industry has divided into two parts after the Directorate General of Trade Remedies (DGTR) has recommended, recently, imposition of safeguard duty for two years on imports of solar cell from China and Malaysia. It […] Read more
TGI Solar Soon to Make Electric Vehicles; Mulls Europe Expansion Updated On Wed, Jul 18th, 2018 by Saurenergy The company’s initial plan of electric vehicles assembly plant, will require financing of Euro 15-20 mm in combination of debt and equity. TGI Solar Power Group (TGI Solar) has received a draft of manufacturing agreement, which would allow the company’s auto division to begin production of electric vehicles and further proceed with its expansion plans in Europe. […] Read more
Azure Power’s Portfolio Surpasses 3 Gigawatts Updated On Tue, Jul 17th, 2018 by Saurenergy Azure Power wins 300 MWs with AA+ domestic debt rated government entity (SECI) at a tariff 8% above the lowest bid in the auction 87% of the 2.2 GW contracted pipeline are with counterparties that have A to AAA domestic debt ratings Over 1 GWs of the contracted pipeline are with sovereign counterparties Azure […] Read more
DGTR Recommends Safeguard Duty of 25% on Solar Panel Imports for First Year Updated On Tue, Jul 17th, 2018 by Saurenergy The Directorate General of Trade Restrictions (DGTR) has recommended imposing a safeguard duty on solar panels and modules imported from China and Malaysia for two years – 25% for the first year, 20% for the next six months and 15% in the last phase, citing injury to domestic industry. This follows seven months of intense […] Read more
Goldi Green Announced the Appointment of its Head of Technology – Dr. Ayushman Parashar Updated On Mon, Jul 16th, 2018 by Saurenergy Goldi Green, the world renowned solar PV modules manufacturer, today announced the appointment of its Head of Technology – Dr. Ayushman Parashar. In the given role, Dr. Ayushman would be responsible for advancing Goldi’s technological processes and bringing latest in solar module manufacturing technologies to the fore. Talking about Ayushman’s expertise and expressing his optimism […] Read more
Corporates and Multinationals Showing Interest in Solar-powered Factories Updated On Fri, Jul 13th, 2018 by Saurenergy There are half a dozen established solar companies tapping the corporate sector, as solar power prices have crashed to a viable less than Rs 3/kWh (kilowatt hour) from over Rs 5/kWh three years ago. Indian corporates and multinationals are increasingly showing their interest in shifting from conventional source of energy to solar energy. Many leading […] Read more
Delhi Municipal Buildings to Install Rooftop Solar Power Projects Updated On Fri, Jul 13th, 2018 by Saurenergy SDMC has become the first municipal corporation in the country to generate solar energy by installing solar panels on the rooftops of its buildings and earn revenue in three months. A project of 5MW solar rooftop on the municipal buildings has been approved by the South Corporation in its standing committee meeting. “This additional capacity […] Read more
Maharashtra to Tap Solar Projects on Large Dams Updated On Thu, Jul 12th, 2018 by Saurenergy At the Ujani dam, the project will cover 2,000 hectares or less than 1/15th of the total 34,000-hectare area of the reservoir. In order to shift from conventional source of energy to solar energy and to overcome the hurdles in acquiring private land for infrastructure projects, the government of Maharashtra has embarked upon the fleet […] Read more
3MW of Solar With Battery Storage Tendered by SECI in Ladakh Updated On Thu, Jul 12th, 2018 by Saurenergy The tenders have been issued on behalf of Military Engineer Service (MES), a construction agency. The tender is for design, engineering, supply, construction, testing, installation, and commissioning. In order to broaden the horizons of solar power in the country, Solar Energy Corporation of India (SECI), at two different locations in Jammu and Kashmir has issued […] Read more
