COVID-19 Lowers Solar Equipment Imports by 83 Percent Updated On Wed, Aug 5th, 2020 by Saurenergy The COVID-19 pandemic has left a big mark on the Indian solar sectors’ imports from China, with imports during the first quarter down by over 83 percent. The COVID-19 pandemic has left a big mark on the Indian solar sectors’ imports from China, with data from the Ministry of Commerce suggesting that the Indian imports […] Read more
There’s a dire need of stability in policies, commitment and political will: Sushil Bansal Updated On Fri, Jul 31st, 2020 by Saurenergy With the date for imposition of a fresh Basic Customs Duty on cell and module import drawing nearer, manufacturers in India are look to the future with guarded optimism. We spoke to Sushil Bansal, the Founder and Managing Director at Novasys Greenergy, an established firm with a 100MW capacity. Sushil has been responsible for the […] Read more
EDF Secures PPA for 200 MW Solar Plus 180 MW Storage Projects Updated On Thu, Jul 30th, 2020 by Saurenergy EDF has completed the signing of a 22-year PPA with NV Energy for a 200 MWac solar plus 180 MW, four-hour battery storage system in Nevada. EDF Renewables North America has announced that it has completed the signing of a 22-year Power Purchase Agreement (PPA) with NV Energy for a 200 megawatt (MWac) solar PV project coupled with a […] Read more
Government Keen on Removing Duty Concessions for Wind Turbine Parts Updated On Thu, Jul 30th, 2020 by Saurenergy The government is looking to withdraw the customs duty concessions that are offered to wind power developers for importing wind turbine parts Hot on the heels of the announcement that the safeguard duty (SGD) on Chinese origin solar equipment will be extended for another year, reports have surfaced that the government is now looking to […] Read more
ICRA Predicts 120-125 GW RE Capacity in India by December 2022 Updated On Thu, Jul 30th, 2020 by Saurenergy ICRA believes that the overall medium to long term outlook for the RE sector remains strong – supported by competitive tariffs, policies and schemes According to ICRA, capacity addition in the renewable energy (RE) sector is expected to remain subdued at about 8 GW in FY2021 given the continued execution challenges amid COVID-19, because of […] Read more
With SGD Extended by 1 Year, Manufacturer’s Eye BCD Announcement in August Updated On Thu, Jul 30th, 2020 by Saurenergy Following the recommendations of the DGTR (Directorate General of Trade Remedies) last week, the government has formally notified the extension of the Safeguard Duty (SGD) by a year on Chinese origin solar equipment. The extension, till July 29, 2021, seeks to protect Indian manufacturers from alleged dumping by Chinese firms. Interestingly, there is no mention […] Read more
EDF-Jinko Consortium Awarded World’s Largest Solar Project in Abu Dhabi Updated On Tue, Jul 28th, 2020 by Saurenergy The consortium of EDF Renewables and Jinko Power has been awarded the Al Dhafra solar project in Abu Dhabi, the world’s largest solar project when complete. The bidder consortium, formed by French EDF Group subsidiary, EDF Renewables and Chinese Jinko Power, both global leaders in renewable energy, has been awarded the Al Dhafra solar project […] Read more
China Solar Manufactures up 15.7% in Jan-June 2020, says CPIA Updated On Wed, Jul 22nd, 2020 by Saurenergy The China Photovoltaic Solar Association (CPIA), an industry body of solar manufacturers in the country, has announced that manufacturers in the country churned out 15.7 percent higher production of solar panels, at 59 GW in the first six months of this year. That would seem to indicate that the effects of the Coronavirus have been […] Read more
Electricity Demand in India to Shrink by 5-6% in FY21 due to COVID: ICRA Updated On Tue, Jul 21st, 2020 by Saurenergy With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 to 6% in FY2021 With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 percent to 6 percent in […] Read more
