India’s RE Installations To Surpass 35 GW/Year By FY27: CareEdge Updated On Wed, Nov 20th, 2024 by Saurenergy The annual renewable energy (RE) installations in India are likely to surpass 35 gigawatts (GW) over the next two years, the latest report from CareEdge Ratings said. The agency said that it was primarily supported by a healthy pipeline of more than 100 gigawatts (GW), CareEdge Ratings says that the accelerated growth in the RE […] Read more
Indian Solar Module Makers Plan In-House Aluminium Frame Production Updated On Tue, Nov 19th, 2024 by Saurenergy After exploring solar module and cell production, several Indian solar manufacturers are now venturing into in-house aluminium frame manufacturing—essential components of solar modules. Premier Energies, a notable solar module and cell maker, has committed Rs. 230 crore to this new venture. “We are also pleased to announce today our foray into aluminium frame manufacturing business […] Read more
Govt Removes Dual Consent For Wind, Solar & Other RE Projects Updated On Mon, Nov 18th, 2024 by Saurenergy The Ministry of Environment, Forest and Climate Change (MoEFCC) has now come up with a new gazette notification to reduce the need for multiple clearances from the government for the commissioning of several clean energy projects ranging from solar, wind, compressed biogas (CBG) and others. The move was aimed at expediting the growth of such […] Read more
Policy Makers Continue To Trim Solar Export Incentives In China Updated On Mon, Nov 18th, 2024 by Saurenergy China has chosen to include solar PV products in a move to reduce or even cancel an export tax rebate for its domestic firms. While the amount is relatively small, a reduction from 13 to 9 percent, it does send a strong signal that the government is done with incentives for the sector, which is […] Read more
EV Adoption To Hit 20% By FY30, Says CareEdge Ratings Report Updated On Thu, Nov 14th, 2024 by Saurenergy India has set an ambitious target to meet 50% of its primary energy requirement from renewable sources by 2030. To achieve this, India needs to balance Electric Vehicle (EV) penetration with grid-level energy storage capacity. This calls for a transition to meet India’s increasing demand for advanced chemistry batteries, particularly lithium-ion (Li-ion) batteries, due to […] Read more
US Investment Plan: Premier Energies To Wait For More Clarity On IRA Updated On Wed, Nov 13th, 2024 by Saurenergy Indian solar module and solar cell manufacturer Premier Energies has now planned to buy more time on its investment plan in the United States (US). The firm, which has planned to start its solar cell production line in the US now wants more clarity on the benefits under the Inflation Reduction Act (IRA) after the […] Read more
How Carbon Market Boost At COP29 Can Bolster Indian RE Sector? Updated On Tue, Nov 12th, 2024 by Saurenergy After a long wait, global leaders have approved the standards for an international carbon market at the latest COP20 at Baku in Ajerbaijan. The United Nations Framework Convention on Climate Change (UNFCCC) announced this significant development in an official release. The new UN-backed global carbon credit market is set to pave the way for increased […] Read more
Waaree Appoints Amit Paithankar CEO Of Indosolar Updated On Tue, Nov 12th, 2024 by Saurenergy Waaree Energies has announced the appointment of Amit Paithankar as the Chief Executive Officer (CEO) of Indosolar Limited, a subsidiary of the company. The company also appointed Sonal Shrivastava as the Chief Financial Officer (CFO) of the company. The appointments were made with effect from November 11. Paithankar is currently working as the CEO of […] Read more
MNRE Asks Module Makers To Share DCR Data Since Jan 2024 Updated On Tue, Nov 12th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a new order asking the Indian solar module and cell manufacturers to share the Domestic Content Requirement (DCR)- related data since January 1, 2024. The ministry asked the solar companies to share this data on the DCR verification portal of the National Institute of Solar […] Read more
