India’s Solar Race toward Next Decade Updated On Tue, Sep 4th, 2018 by Saurenergy Buoyed by the quite impressive performance of India’s renewable energy sector and especially in the solar space in recent years, the Government of India took a daring move and revised its ambitious renewable energy targets from 175 GW to 227 GW by 2022. Following the move, it also aimed to auction 40 GW of renewable […] Read more
Gov’t Cuts Component Manufacturing Requirement to Prevent High Tariff Bids in Solar Tender Updated On Mon, Sep 3rd, 2018 by Saurenergy The government has also brought down the maximum permissible tariff rate for the solar tender to Rs 2.75 per unit from an earlier cap of Rs 2.93. In a bid to attract healthy number of developers in a recent solar auction and prevent higher tariff bids from the bidders, the government has reduced the component […] Read more
Malaysia Seeks Relief on India’s Solar Safeguard Duty from WTO Updated On Fri, Aug 31st, 2018 by Saurenergy India had imposed safeguard duty of up to 25 per cent on solar cells imports from China and Malaysia for two years to protect domestic players from steep rise in inbound shipments. Malaysia has sought consultations with India under the WTO’s safeguard agreement against New Delhi’s decision to impose import duty on solar cells, the World Trade Organisation […] Read more
Orissa HC Hearing on ‘Solar Safeguard Duty Case’ on Sept’ 19 Updated On Thu, Aug 30th, 2018 by Saurenergy The new hearing date manifestly shows that the safeguard duty is yet to be implemented on the solar imports from China and Malaysia. Nearing the safeguard duty verdict, Orissa High Court has set September 19th, 2018 as the next date for the hearing of ‘Safeguard Duty on Solar Imports Case’. Coming as a historic wrestle […] Read more
MNRE Seeks Upper Ceilings for Solar Tariffs Updated On Wed, Aug 29th, 2018 by Saurenergy MNRE has asked the Solar Energy Corporation of India to follow the ‘maximum permissible tariff rule’ for capping the solar tariffs at Rs. 2.5 and Rs. 2.6 per unit respectively for both categories. Ministry of New and Renewable Energy (MNRE) has sought on the recommendations of advisers of National Solar Mission (NSM) an upper ceiling […] Read more
Iran Commissions its Largest Wind Farm Updated On Wed, Aug 29th, 2018 by Saurenergy The 18-turbine wind farm, located in Tarom County in northern Iran, has a nominal capacity of generating 61 megawatt hours of power annually, Xinhua reported. Iran inaugurates its largest wind farm as part of its efforts to increase production of electricity from renewable sources. The 18-turbine wind farm, located in Tarom County in northern Iran, has a […] Read more
India’s Veltoor Solar Project Gets World’s First Solar Plant Project Certificate Updated On Fri, Aug 24th, 2018 by Saurenergy The certificate to Veltoor solar project confirms all relevant safety features of the solar park and demonstrates the technical compliance of the project with the globally recognized standards. Adding another milestone to India’s solar power generation aspiration, Norwegian testing and risk management company DNV GL has issued world’s first solar power plant certificate to the […] Read more
Gov’t Mulls to Subsidize EV Charging Infrastructure: Power Secretary Updated On Thu, Aug 23rd, 2018 by Saurenergy The government is expected to bring in thoughtful methods to feasibly produce chargers and stations and whether it needs subsidy. Society of Manufacturers of Electric Vehicles (SMEV) would have expected delay but not deaf ears of the power ministry as it had asked a month ago that Electric Vehicle (EV) subsidy should be connected to […] Read more
Fotowatio to Withdraw from Solar Project in India Updated On Tue, Aug 21st, 2018 by Saurenergy Having the FRV’s solar project in Ananthapuramu Solar Park in Andhra Pradesh on sale, Edelweiss Infrastructure Yield Plus Fund and Actis LLP’s Sprng Energy have already indicated interest in acquisition. Arabian clean and renewable energy solutions provider, Fotowatio Renewable Ventures (FRV) has planned to withdraw its only ownership in the Indian solar space. Having the […] Read more
