India H2 Alliance Formed With Focus on Hydrogen in the Energy Transition Updated On Wed, Apr 7th, 2021 by Saurenergy The India H2 Alliance is focussed on commercialising hydrogen technologies and systems to build net-zero carbon pathways in India. Global energy and industrial majors have come together to form a new energy transition coalition, the India H2 Alliance (IH2A), focussed on commercialising hydrogen technologies and systems to build net-zero carbon pathways in India. IH2A has […] Read more
The BCD Calculus: Will It Deliver The Right Outcomes? Updated On Thu, Mar 25th, 2021 by Saurenergy As expected, once it did arrive, India’s Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, […] Read more
Will Module Price Skyrocket in 2021? Updated On Thu, Mar 18th, 2021 by Saurenergy 80% of the price of a PV module is based on the cost of raw materials. After Chinese New Year, glass price has not fallen a bit from its autumn highs while polysilicon continues to soar and the prices have been rising across the entire PV supply chain. Recently, from the bidding prices submitted by […] Read more
Siemens Commissions India’s First HVDC Power Transmission Link Updated On Wed, Mar 17th, 2021 by Saurenergy Siemens has successfully commissioned India’s first high-voltage direct current (HVDC) link between Pugalur and Thrissur. Siemens Limited has announced that it has successfully commissioned India’s first high-voltage direct current (HVDC) link featuring voltage-sourced converter (VSC) technology. The 2,000 megawatts (MW) electricity transmission system, consisting of two links between Pugalur in the state of Tamil Nadu […] Read more
40% on Modules & 25% on Cells, MNRE to Impose BCD From April 1, 2022 Updated On Thu, Mar 11th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has finally finalised the new Basic Customs Duty (BCD) on solar PV cells and modules. As per an office memorandum, the Ministry is going to impose a 25 percent BCD on solar PV cells and 40 percent duty on solar modules without grandfathering of bid-out projects. However, […] Read more
PAT Cycle-II has Resulted in CO2 Emission Reduction of 70 MT: RK Singh Updated On Wed, Mar 3rd, 2021 by Saurenergy RK Singh in appreciation of the implementation of PAT Cycle – II, said that it has resulted in CO2 emission reduction of about 70 MT With an objective to accelerate Energy Transition in industrial sectors, Union Minister for Power, New and Renewable Energy RK Singh, recently chaired an interaction session with top management of energy-intensive […] Read more
REC Limited Raises USD 500 Million Through Bonds Updated On Fri, Feb 26th, 2021 by Saurenergy REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bonds issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to finance power projects following the approvals granted by the RBI from time to time and under the ECB Guidelines. This is REC Limited’s eighth […] Read more
Ford to go All-Electric by 2030, all Vehicles to go Electric in Europe Updated On Thu, Feb 18th, 2021 by Saurenergy Ford Motor Company has announced it is taking a significant step forward in its European transformation with a commitment to go all-in on its electric passenger vehicles and to substantially grow and electrify its leading commercial vehicle business. Ford says by mid-2026, 100 percent of its passenger vehicle range in Europe will be zero-emissions capable, […] Read more
Energy Minister Nilesh Cabral Announces E-Mobility Initiatives for Goa Updated On Fri, Feb 12th, 2021 by Saurenergy Nilesh Cabral has emphasised on the importance of ushering in electric 2Ws in Goa, as he highlighted new e-mobility initiatives for the UT. Nilesh Cabral, Minister of Power, Environment, New & Renewable Energy, Govt of Goa emphasised on the importance of ushering in electric two-wheelers in Goa, as he highlighted new electric mobility (E-mobility) initiatives in the […] Read more
