LAUNCHING- Solis 255K “More Than BIG” on 22nd July 2020 Updated On Mon, Jul 20th, 2020 by Saurenergy 2020 is the year when the photovoltaic industry moves from subsidy to parity, and also the year of great technological change! Since the beginning the year, at least 7 companies have released new PV modules, with the power moving from 500W to 600W+! At the same time the renewable industry in India is witnessing aggressive […] Read more
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
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
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
Buoyed by Offshore Wind, Renewable Investments in 1H 2020 Climb 5%: BNEF Updated On Tue, Jul 14th, 2020 by Saurenergy Renewable investments showed great resilience in the first half of 2020 against the economic slowdown due to the COVID-19, thanks to offshore wind energy. Renewable energy capacity investments showed great resilience in the first half (1H) of 2020, in the face of the unprecedented economic shock caused by the coronavirus pandemic, according to the latest […] Read more
Germany Gets A Manufacturing Boost In PV From Meyer Burger Updated On Mon, Jul 13th, 2020 by Saurenergy Switzerland based Meyer Burger Technologies is moving fast to transform itself to an integrated PV manufacturer. The firm, which has made its reputation as a quality supplier of production equipment till recently, had declared its plans to move with forward integration sometime back. It has zeroed in on Germany for its first owned production line. […] Read more
Hitachi ABB Win Rs 120 Crore Order For Railways Electrification Updated On Fri, Jul 10th, 2020 by Saurenergy In an order worth Rs 120 crore, Hitachi ABB Power Grids India will deliver its transformers to CLW for the production of 400 electric locomotive engines In an order worth Rs 120 crore, Hitachi ABB Power Grids India will be delivering its transformers to the Government of India’s electric locomotive manufacturer, Chittaranjan Locomotive Works (CLW), […] Read more
Nearly 14 GW of Wind Turbine Capacity Ordered Globally in Q1 2020: WoodMac Updated On Thu, Jul 9th, 2020 by Saurenergy Q1 2020 saw nearly 14 GW of wind turbine capacity ordered globally, the second-highest first quarter on record, and equates to USD 13.4 billion. The first quarter (Q1) of 2020 saw nearly 14 GW of wind turbine capacity ordered globally. This is the second-highest first quarter on record and equates to an estimated USD 13.4 […] Read more
