TN Gets Fresh Influx of Investments in Areas Including Solar Manufacturing Updated On Tue, Jul 21st, 2020 by Saurenergy Tamil Nadu has signed eight new MoUs that bring with them investments worth Rs 10,399 crore in areas including solar cells and modules manufacturing. The state government of Tamil Nadu, on July 20, 2020, has announced the signing of eight new Memorandum of Understandings (MoU) that bring with them investments worth Rs 10,399 crore in […] Read more
NHPC Signs MoU With GEDCOL to Develop Floating Solar Projects in Odisha Updated On Tue, Jul 21st, 2020 by Saurenergy NHPC has inked an MoU with GEDCOL to form a JV for developing floating solar energy projects in the state of Odisha with an initial capacity of 500 MW. State-run hydropower giant NHPC has announced that it has inked a Memorandum of Understanding (MoU) with the Green Energy Development Corporation of Odisha Limited (GEDCOL) to […] Read more
CIT Leads Financing for 108 MW Solar Project in North Carolina Updated On Mon, Jul 20th, 2020 by Saurenergy The CIT Group’s Power and Energy unit served as lead arranger on a USD 126 million financing for the 108 MW Trent River Solar project in North Carolina. The CIT Group has announced that its Power and Energy unit served as lead arranger on a USD 126 million financing for the 108 MWdc Trent River solar project […] Read more
NIPSCO Announces two Solar Projects Worth 300 MW in Indiana Updated On Mon, Jul 20th, 2020 by Saurenergy NIPSCO has announced the next phase of its plans to transition to cleaner energy resources, with the addition of two new solar projects in central Indiana. NIPSCO, a subsidiary of NiSource Inc has announced the next phase of its plans to transition to lower-cost, cleaner energy resources, with the addition of two new solar projects that […] Read more
Solar Installations in Q1 2020 Slowed Down in India, China and US: Report Updated On Mon, Jul 20th, 2020 by Saurenergy According to a new report, Q1 of 2020 has been a particularly lousy installation period for solar panels with just 15.8 GW getting installed. According to a new report, quarter 1 (Q1) of 2020 has been a particularly lousy installation period for solar panels with only one quarter in the past 9, being lower with […] Read more
BHEL Tenders for Insurance of two Floating Solar Plants Updated On Mon, Jul 20th, 2020 by Saurenergy BHEL has issued a tender for the Marine-Cum-Storage-Cum-Erection (MSE) Insurance of two floating solar plants it is currently developing for NTPC. Bharat Heavy Electricals Limited (BHEL) has issued a tender for the Marine-Cum-Storage-Cum-Erection (MSE) Insurance of two floating solar plants it is currently developing in Simhadri, Andhra Pradesh and Kayamkulam, Kerala for NTPC. At Simahdri, […] Read more
Clean Energy can Shore up Indian Economy From Current Position: Kant Updated On Mon, Jul 20th, 2020 by Saurenergy Clean energy has the potential to shore up the Indian economy from the current downturn, according to Amitabh Kant, CEO of Niti Aayog. Clean energy has the potential to shore up the Indian economy from the current downturn caused by the coronavirus pandemic, according to Amitabh Kant, CEO of the Government of India’s policy think […] Read more
DGTR Recommends Continuation of Safeguard Duty on Solar Cells Updated On Mon, Jul 20th, 2020 by Saurenergy DGTR has recommended the continued imposition of the safeguard duty on import of solar cells for one more year to protect domestic manufacturers The Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce, has recommended the continued imposition of the safeguard duty on import of solar cells for one more year to protect […] Read more
20% Duty on Solar Power Equipment to cut Imports: Anurag Thakur Updated On Sat, Jul 18th, 2020 by Saurenergy The government is considering a 20% basic customs duty on solar equipment to discourage imports, particularly from China, Anurag Thakur has said. The government is considering a proposal by the Ministry of New and Renewable Energy (MNRE) to impose 20 percent basic customs duty on solar modules to provide an edge to domestic manufacturers and discourage imports, […] Read more
