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
The Perils Of A High Customs Duty Regime Updated On Tue, Jul 7th, 2020 by Saurenergy Every crisis brings an opportunity with it. This is because obstacles considered insurmountable earlier, can become a lot more manageable in the rush of a crisis. India’s government has clearly decided to use the Covid-19, followed by the now bloody border dispute with China, as the opportunity to set things right for manufacturing in India. […] Read more
Suzlon Posts Net Loss of Rs 834.22 Crore in March Quarter Updated On Tue, Jul 7th, 2020 by Saurenergy Suzlon Energy has posted a consolidated net loss of Rs 834.22 crore for the March quarter mainly due to lower revenues and high finance cost. Wind turbine major Suzlon Energy has posted a consolidated net loss of Rs 834.22 crore for the March quarter mainly due to lower revenues and high finance cost. The consolidated net loss […] Read more
Vestas Wins Wind Turbine Orders Worth 429 MW in North America Updated On Mon, Jul 6th, 2020 by Saurenergy Vestas has received orders worth 429 MW for the supply of wind energy turbines for projects in development in North America. Global wind major Vestas has announced that it has received orders worth 429 MW for the supply of wind energy turbines for projects in development in North America. The first is an order placed […] Read more
Valid PPAs Before Aug 1 to get Exemption on Higher Duty on Imports Updated On Mon, Jul 6th, 2020 by Saurenergy Solar projects with valid PPAs before August 1, 2020, will be exempted from the proposed higher import duty on solar equipment and components. Solar power developers, that are still on course or in the process of starting work on the development of new solar projects in the country might be exempted from paying the newly proposed […] Read more
FICCI Makes the Case for Extending FAME-II by 2 Years Updated On Fri, Jul 3rd, 2020 by Saurenergy FICCI has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance the demand for electric vehicles in the country. The Federation of Indian Chambers of Commerce & Industry (FICCI) has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance demand for electric vehicles in the country. The […] Read more
Boost in Clean Energy Innovation Needed for Net-Zero Objectives: IEA Updated On Thu, Jul 2nd, 2020 by Saurenergy Without a major push in clean energy innovation, countries and companies around the world will be unable to meet their net-zero targets, a new report by IEA has detailed. Without a major push in clean energy innovation, countries and companies around the world will be unable to fulfil their pledges to bring their carbon emissions […] Read more
Suzlon Completes Debt Restructuring With Rs 392 Crore Infusion Updated On Thu, Jul 2nd, 2020 by Saurenergy Suzlon Group has successfully completed its debt restructuring, following a cash infusion of Rs 392 crore by its key promoters and shareholders. Indian wind energy major Suzlon has announced that it has successfully completed its debt restructuring, following a cash infusion of Rs 392 crore by its key promoters and shareholders. In May, the group […] Read more
We would like to contribute to the success of “Make in India” and the growth of solar in India: Sunil Badesra Updated On Wed, Jul 1st, 2020 by Saurenergy Its 3 GW manufacturing plant in India is the only one outside China for Sungrow. 2 years later, the investment has been vindicated, with the plant serving the domestic as well as export market successfully. We caught up with Sunil Badesra, Business Head, Sungrow India on the story so far. Tell us about the Sungrow […] Read more
