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
No Import of Fossil Fuel Under Aatmanirbhar Bharat Vision: RK Singh Updated On Fri, Jul 17th, 2020 by Saurenergy Zero dependence on fossil fuel is required to fully realise the vision behind the Aatmanirbhar Bharat initiative, RK Singh has said. Zero dependence on fossil fuel is required to fully realise the vision behind the Aatmanirbhar Bharat initiative, Union Minister for Power and New & Renewable Energy RK Singh has said. Singh also said that […] Read more
GM to hit 5 Million Electric Vehicle Sales by 2030: WoodMac Updated On Wed, Jul 15th, 2020 by Saurenergy GM is expected to hit 5 million in cumulative electric vehicle sales by 2030 according to new research from Wood Mackenzie. General Motors (GM) has set an annual target for 1 million electric vehicle (EV) sales globally by the mid-2020s. Although the company will only meet half of that target by 2026, it is expected […] Read more
39 Manufacturers Come Together to Break 600 W+ Barrier for PV Modules Updated On Wed, Jul 15th, 2020 by Saurenergy A total of 39 companies and module manufacturers have come together to form the 600 W+ Photovoltaic Open Innovation Ecological Alliance. A total of 39 companies and Photovoltaic (PV) module manufacturers have come together to form the 600 W+ Photovoltaic Open Innovation Ecological Alliance. The alliance has been formed with a new aim to create […] Read more
NREL Research Points to Strategies for Recycling of Solar Panels Updated On Tue, Jul 14th, 2020 by Saurenergy Researchers at NREL have conducted the first global assessment into the most promising approaches to end-of-life management for solar PV panels. PV modules have a 30-year lifespan. There is currently no plan for how to manage this at end of their lifespan. The volume of modules no longer needed could total 80 million metric tons […] Read more
Rs 50K Crore Loss in Forex if SPDs Exempted from Customs Duty: AISIA Updated On Tue, Jul 14th, 2020 by Saurenergy India will lose nearly Rs 50,000 crore in foreign exchange (forex) if SPDs are given exemption from basic customs duty on Chinese imports, AISIA has said. India will lose nearly Rs 50,000 crore in foreign exchange (forex) if solar power developers (SPDs) are given exemption from basic customs duty on Chinese imports, the All India Solar […] Read more
Siemens Gamesa Launches new 3.4-145 Wind Turbine for Indian Market Updated On Fri, Jul 10th, 2020 by Saurenergy Siemens Gamesa Renewable Energy has introduced its next-generation wind turbine, the SG 3.4-145 in India, optimised for wind conditions in the country. Siemens Gamesa Renewable Energy continues leading the way in India, one of the largest onshore markets in the world, with the introduction of its next-generation wind turbine, the SG 3.4-145. The new wind […] Read more
BHEL Commissions World’s 1st Solar Plant for Rail Traction Applications Updated On Fri, Jul 10th, 2020 by Saurenergy BHEL has successfully commissioned a 1.7 MW solar plant in Madhya Pradesh for the Indian Railways, with the power being used for traction applications. Bharat Heavy Electricals Limited (BHEL) has successfully commissioned a 1.7 MW solar PV plant at Bina in Madhya Pradesh for the Indian Railways, with the plant directly feeding power to the […] Read more
Viability of Rs 2.36/Unit to Depend on Module Prices & Duty: ICRA Updated On Thu, Jul 9th, 2020 by Saurenergy The viability of the Rs 2.36/Unit tariffs are critically dependent on PV module prices and the proposed pass through on import duty, according to ICRA. The recently concluded tranche IX auction for inter-state transmission systems (ISTS) solar projects by the Solar Energy Corporation of India (SECI) yielded the lowest ever tariffs at Rs 2.36/unit, considerably […] Read more