MNRE Leads from the Front to Push Solar Sector Updated On Sat, Feb 24th, 2018 by Saurenergy The latest move by MNRE should be seen at a time when India had failed to comply with a World Trade Organisation (WTO) ruling on solar power. The government of India, through its MNRE, seems to have woken up by issuing the latest amendments to accelerate the growth of the solar photovoltaic sector. The recent […] Read more
Govt Issues Penalty for Violating DCR Norms Under MNRE’s Solar PV Projs Updated On Fri, Feb 23rd, 2018 by Saurenergy The move has come to avoid misuse of policy. The Government of India (GoI), through the Ministry of New and Renewable Energy (MNRE), has issued a memorandum titled – “Penalties for violation of norms of Domestic Content Requirement (DCR) under Solar PV power projects under MNRE’s Schemes / Programmes”. The memorandum was published on the MNRE […] Read more
Amid the Berserk of Safegaurd Duty, What Industry Expects Pre-Budget? Updated On Mon, Jan 22nd, 2018 by Saurenergy The few concerned areas for the Indian Solar industry jotted in a single piece with the existing and the recommended solutions as per Vikram Solar which is India’s one of the biggest Solar Module Manufacturer. Amidst the whole ruckus of the anti-dumping and safeguard scenario, the annual budget is very soon to be announced as […] Read more
Dominion Energy Invests $1B in Solar Updated On Thu, Jan 11th, 2018 by Saurenergy The Solar Energy Industries Association ranks Dominion Energy the sixth largest among U.S. electric utilities. More money is being invested into the solar industry by the renewable energy companies. Dominion Virginia Power parent company Dominion Energy is investing $1 billion in its solar fleet in Virginia and North Carolina, and now ranks among utilities with […] Read more
Annulled: NTPC Forced to Cancel 250 Megawatt October 2017 Solar Auction Updated On Tue, Jan 9th, 2018 by Saurenergy Anand Kumar who is the Secretary in Ministry of new and renewable energy confirmed that the solar auction had been annulled. Solar auction has been annulled forcefully. NTPC has been forced to cancel the result of its 250 mw solar auction held in October last year, which was won by Azure Power quoting a tariff […] Read more
Probe on Surging Duty for Solar Cell Imports Began By Government Updated On Tue, Dec 26th, 2017 by Saurenergy India is targeting to 100 GW solar capacity by 2022. The current installed capacity is about 15 GW. India began to probe to determine imposition of safeguard duty on surging imports of solar cells with a view to protect domestic manufacturers. Domestic manufacturers have approached the Directorate General of Safeguards (DGS) with a complaint that […] Read more
US Takes India Back To World Trade Organisation in Solar Power Issue Updated On Thu, Dec 21st, 2017 by Saurenergy In 2013, Washington had complained to the WTO, claiming that US exports of solar items to India had declined by 90% since 2011 because of India’s “discriminatory practices”. India has failed to comply with a World Trade Organization ruling on solar power, the United States will tell the WTO’s dispute settlement body (DSB) next month, […] Read more
India Plans Rs 11,000 Crore Aid To Support Domestic Solar Cell Manufacturing Updated On Mon, Dec 18th, 2017 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released a concept note of a proposal that aims to provide a 30 percent subsidy for setting up new solar plants and expanding the existing ones. India plans to boost solar module manufacturing by providing Rs 11,000 crore direct support along with concessions to cut reliance […] Read more
Sudden Imposition of Anti Dumping Duty Can Disrupt Ongoing Solar Projects, Renewable Ministry Cautions Updated On Mon, Nov 27th, 2017 by Saurenergy MNRE notification has cautioned Directorate General of Anti Dumping against imposing high solar duties Ministry of New and Renewable Energy (MNRE) has cautioned anti dumping authorities against imposing high duties on imported solar equipment on the grounds that this can increase tariffs, make several projects unviable and seriously hamper the growth of the sector. According […] Read more