Ostro Energy Eligible For Compensation Due To Change In GST Rates: CERC Updated On Wed, Dec 27th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgement awarded compensation to Ostro Energy Private Limited, a renewable energy company. The compensation was awarded to it on account of surge in Goods and Services Tax (GST) after submitting its bid for a government project. As per the case details, Ostro Energy is a power […] Read more
Gujarat Hosts 30% of India’s Total Rooftop Solar Capacity: Data Updated On Tue, Dec 26th, 2023 by Saurenergy Latest data on rooftop solar, shared by Union Minister for New and Renewable Energy RK Singh claimed that 30 percent of India’s total rooftop solar capacity comes from Gujarat alone. With a total capacity of 3.17 GW of rooftop solar, the state proved to be the frontrunner in India’s rooftop solar business. The data was […] Read more
Parliamentary Standing Committee Recommends Incentives Under FAME Scheme Updated On Fri, Dec 22nd, 2023 by Saurenergy A standing committee report on ‘Promotion of Electric Vehicles (EV) In the Country’, mentions that, among category-wise EV, the production and sale of EV-three-wheeler vehicles is found to be highest in India. It recommends that the ministry should broaden the scope and extend FAME-II Scheme for at least three more years. This would support the […] Read more
CERC Grants Compensation To Azure Power Over ‘Change of Law’ Events Updated On Fri, Dec 22nd, 2023 by Saurenergy In its latest judgment, the Central Electricity Regulatory Commission (CERC) allowed Azure Power compensation for ‘change of law’ events. These events were related to the Goods and Service Tax (GST) surge on solar products. The detailed order said that the case was related to three projects of Azure. This includes two 300 MW solar plants, each situated […] Read more
UK-EU New Trade Rule To Support, EV Manufacturers And Consumers Updated On Fri, Dec 22nd, 2023 by Saurenergy The United Kingdom government (UK) and European Union (EU) have recently announced their agreement to extended trade rules on electric vehicles (EVs). The move is set to help the manufacturers and consumers save up to £4.3 billion in additional costs. This agreement can provide long term certainty for automotive industry and boost electric vehicle sales […] Read more
RenewSys Launches POE Encapsulant Tailormade for n-type TOPCon Updated On Fri, Dec 22nd, 2023 by Saurenergy Indian Solar Module Manufacturer RenewSys claimed to introduce India’s first POE (Polyolefin Elastomer) Encapsulant specifically formulated for N-type TOPCon PV cells. The firm has named it CONSERV E – NT. The renewable company said that the product will help in reducing the degradation of the n-type TOPCon solar cells. “The solar PV market is constantly […] Read more
Europe Witnesses Surge In Electric Car Adoption By 50%: ACEA Updated On Thu, Dec 21st, 2023 by Saurenergy European Automobile Manufacturers’ Association (ACEA) stated that there has been an increase in new battery electric car registrations by 20%. In August 2023, the European Union (EU) car market expanded by 21%, reaching 787,626 registered units, marking the thirteenth consecutive month of growth. Despite august typically being a slower month for car sales, double-digit gains […] Read more
UP Continues To Host Largest EV Share In India, Govt Tells Parliament Updated On Thu, Dec 21st, 2023 by Saurenergy Minister of State (MoS) of Heavy Industries of India, Krishan Pal Gurjar recently told the Lok Sabha that Uttar Pradesh (UP) continued to host the highest number of electric vehicles (EVs) in the country. This came to the fore when the minister furnished the state-wise list of sales of EVs across India. As per the […] Read more
LONGi Develops Silicon Solar Cells With 27.09% Efficiency Updated On Thu, Dec 21st, 2023 by Saurenergy The world’s largest integrated solar module maker, LONGi Green Energy Technology Co., Ltd., has announced that it developed solar cells with 27.09% for the efficiency. It adds that the crystalline silicon heterojunction and back-contact (HBC) solar cells, are certified by the Institute for Solar Energy Research Hamelin (ISFH) in Germany. The solar cells of 27.09% […] Read more