Ministry of Finance Confirms Force Majeure Status for Coronavirus Updated On Thu, Feb 20th, 2020 by Saurenergy In news that should bring some immediate relief to large solar developers, the Ministry of Finance has come out with a clarification on the Coronavirus epidemic. The clarification states that the coronavirus will be covered in the force majeure clause in agreements as a case of natural calamity. That should help developers whose incoming supplies […] Read more
Chinese Wind Installations Could be Halved in 2020: Coronavirus Outbreak Updated On Tue, Feb 18th, 2020 by Saurenergy The coronavirus outbreak could lead to production delays in China’s wind turbine installations by up to 50 percent in 2020, according to a new report The coronavirus outbreak could lead to production delays in China’s wind turbine installations by up to 50 percent in 2020, according to research firm Wood Mackenzie. “We estimate production delays across […] Read more
Indian Solar Sector Contracts in 2018-19 Updated On Wed, May 1st, 2019 by Saurenergy The Indian Solar sector saw only 6,529 MW addition during the last financial year while Wind energy Sector too recorded a slump in growth. According to the data supplied by the Central Electricity Authority, 2018-19 saw fresh capacity additions to a paltry 6,529 MW as against 9,010 MW in the previous year. The figures show […] Read more
Over 90% of Electric 2Ws in India To Lose FAME II Subsidy: Report Updated On Mon, Apr 8th, 2019 by Saurenergy A shocking discovery has been made for the Indian electric two-wheeler manufacturers, the much-awaited FAME II scheme eligibility criteria will see around 95% of the existing electric two-wheelers miss the subsidy support, says a report by CRISIL. On March 28, 2019, the Ministry of Heavy Industry and Public Enterprise issued a notification, which laid out […] Read more
Renewable Push: India To Launch Transmission Line Tenders Worth $5 Billion Updated On Wed, Mar 27th, 2019 by Saurenergy According to MNRE official, India will float Transmission line tenders worth $5 billion starting from June this year According to agency reports, India plans to launch $5 billion of transmission-line tenders in phases, beginning in June this year. The move is aimed to route a targeted 175 GW of power from renewable sources into the […] Read more
70 percent Safeguards Duty on Solar to Put Rs 12,000 Crore Ventures in Danger Updated On Wed, Jan 17th, 2018 by Saurenergy The Ministry of Finance, through its Standing Board of Safeguards, will take an ultimate choice on the burden of defending the duty either on the temporary or the last proposals of the Directorate General of Safeguards. Imposing 70 percent of safeguard duty on imported solar panels and modules from China and Malaysia, as suggested by […] Read more
MNRE Releases Operational Guidelines for empanelment of Channel Partners/Solar Rooftop Ambassador / Government Agencies Updated On Thu, Jan 12th, 2017 by Saurenergy The Channel Partners or Implementing Agencies will play an important role in achieving the ambitious target of solar rooftop in the various sectors. Ministry of New and Renewable Energy (MNRE) has released operational Guidelines for empanelment of Channel Partners/Solar Rooftop Ambassador / Government Agencies under “Grid Connected Rooftop and Small Solar Power Plants Programme”. The […] Read more
