The Top 5: India’s Listed Renewable Energy Firms Enjoy A Fine Run At Bourses Updated On Wed, Mar 23rd, 2022 by Saurenergy As India girds up for one of the biggest renewable energy transitions in the world, private sector participation as been a critical pillar of this transition. With ever widening scope and ambitious targets, led and announced by Prime Minister Modi himself, no one has any doubts on the potential growth and future of the renewable […] Read more
Strong demand prospects for RE projects in C&I segment; regulatory risks key challenge: ICRA Updated On Mon, Mar 21st, 2022 by Saurenergy Demand prospects for renewable energy (RE) capacity addition in the commercial & industrial (C&I) segment remain solid, given the improved tariff competitiveness and growing sustainability/green initiatives by C&I players to meet their energy requirements through renewables, going forward, finds ICRA. If that sounds obvious, then the agency also flags risks, that really shouldn’t be there […] Read more
AISIA Warns of Stockpiling of Solar Equipment, Seeks Safeguards Updated On Mon, Mar 21st, 2022 by Saurenergy Industry body AISIA, or the All India Solar Manufacturers Association, has warned yet again of the dangers facing India’s domestic manufacturers. In a letter to the MNRE minister, the AISIA states that domestic manufacturers have been operating at 30% capacity, and the situation places at risk thousands of jobs in India. Almost 125 manufacturing units […] Read more
AISIA rues lack of support from govt, domestic developers for solar manufacturers Updated On Thu, Mar 10th, 2022 by Saurenergy Solar manufacturers have highlighted the lack of support from the government and the domestic developers, according to a press note shared by the All India Solar Industries Association (AISIA), the domestic solar manufacturers association, on Wednesday. It added that even though the government has announced several policies to support the players, domestic solar manufacturing continues […] Read more
Rajendra Parakh Takes Over As COO-EPC For Vikram Solar Updated On Mon, Mar 7th, 2022 by Saurenergy Vikram Solar, one of India’s leading module manufacturers and comprehensive EPC solar solutions provider, has announced the appointment of Rajendra Kumar Parakh as Chief Operating Officer (COO) for the Engineering, Procurement and Construction (EPC) division. Vikram Solar is among the leading EPC players as per installed EPC base in India, with experience of executing more […] Read more
Icra Predicts Strong Demand for Domestic Solar OEMs with Policy Support Updated On Tue, Feb 22nd, 2022 by Saurenergy Business prospects of domestic solar original equipment manufacturers (OEMs) will remain strong aided by several policy measures over medium-term, rating agency Icra said. As a result, many domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities under PLI scheme by the winning bidders. However, […] Read more
15 GW Solar Projects risk impact from BCD on April 2022, Says NSEFI Updated On Mon, Feb 14th, 2022 by Saurenergy With barely six weeks to go before the the Basic Customs Duties (BCD) on solar module imports(40%) and solar cells (25%) kick in, the National Solar Energy Federation of India (NSEFI) has written to the MNRE to make a case for grandfathering of these projects. By grandfathering, these projects would, in effect be exempt from […] Read more
India’s Hopes to Replace Diesel with Renewable Energy in Farms Rides on Solar, Mostly Updated On Mon, Feb 14th, 2022 by Saurenergy Headlines have been announcing India’s plans to shift from diesel to renewable energy for its farming sector. The headlines have taken off from a statement by Power and MNRE minister R.K. Singh during a meeting with officials on Friday. What the headlines do not indicate is how heavily this hope depends on two critical factors. […] Read more
Tender issued for 1MW Rooftop Solar for Sun Temple and Modhera in Gujarat Updated On Fri, Feb 11th, 2022 by Saurenergy A tender for engineering, procurement and construction (EPC) has been issued by the Gujarat Power Corporation Limited (GPCL) for the installment of a minimum of 1 megawatt (MW) rooftop for India’s rich heritage hubs of the Sun Temple and the historical township of Modhera in Gujarat. The heritage site lies in the Mehsana district of […] Read more