The Reliance Effect On Solar. Who Should Worry? Updated On Mon, Jun 28th, 2021 by Saurenergy When Mukesh Ambani, Chairman of Reliance Industries stepped up to announce the conglomerate’s plans last week on June 24, anticipation was high. On the menu were announcements related to a much awaited $15 billion deal with Saudi Aramco, the World’s largest oil firm, for an oil to chemicals spinoff and and investment, and the contours […] Read more
India’s Solar Power Tariffs Rising After Hitting Record Lows in 2020: IEEFA Updated On Thu, Jun 24th, 2021 by Saurenergy Solar tariffs are deflationary. Prices have fallen by 75% in seven years in India, and in 2020 solar tariffs hit record lows, writes Vibhuti Garg, Energy Economist and Lead India at Institute for Energy Economics and Financial Analysis (IEEFA). From 2019 to the first quarter of 2020, most of India’s newly-auctioned solar projects saw tariffs […] Read more
Bill Gates-Backed US Firm to Pour $300 M in India’s Module Production Updated On Wed, Jun 23rd, 2021 by Saurenergy US-based 1366 Technologies has plans to invest $300 million to set up a 2 GW solar wafer and cell manufacturing facility in India under the government’s production-linked incentive (PLI) scheme. The firm produces silicon wafers by casting them in their ultimate shape directly in a mold, rather than the prevailing standard method in which wafers are […] Read more
Goldi Solar to Expand Capacity to 2.5 GW with New Plant in Gujarat Updated On Tue, Jun 15th, 2021 by Saurenergy Solar Panel manufacturer and EPC provider Goldi Solar has announced its plans to increase its manufacturing capacity to 2.5 GW with a new facility on the outskirts of Surat, Gujarat. Presently, the existing facility has a capacity of 500 MW and the expansion of 2 GW has been planned in two stages. The first phase […] Read more
Cell Shortage Forces Timeline Extension by MNRE For CPSU Phase II Solar Updated On Tue, Jun 8th, 2021 by Saurenergy As predicted by many Industry experts, domestic cell production has failed to keep up with demand for various central schemes that mandate local sourcing. Now the Ministry of New And Renewable Energy (MNRE) has stepped in to provide and extension to projects under tranche I and II of the CPSU Phase II scheme. The MNRE […] Read more
MoRTH Proposes Exempting EVs from Registration and Renewal Fees Updated On Thu, Jun 3rd, 2021 by Saurenergy The Ministry of Road Transport and Highways (MoRTH), in its ongoing efforts to support the EV ecosystem, has proposed some new steps. This time, MoRTH has issued a draft notification proposing the exemption of battery-operated vehicles i.e. EVs from the registration fee and its renewal charges. MoRTH issued this amendment in a statement, “Provided further […] Read more
Say Goodbye To 2020’s Low Solar Bids, As Price Hikes Continue In Modules, Cells Updated On Wed, May 26th, 2021 by Saurenergy The record low prices last seen in GUVNL’s 500 MW auction, when NTPC won with a bid of Rs 1.99/ unit, may be a distant memory as solar equipment prices continue their upward march in 2021. Those low prices in the last big auction of 2020, blamed on NTPC flexing muscle and projections of a […] Read more
Include Hydrogen Fuel Cell EVs in FAME-II: Delhi HC Directs DHI Updated On Wed, May 19th, 2021 by Saurenergy The Delhi High Court today ordered the Department of Heavy Industries to acknowledge including Hydrogen Fuel Cell electric vehicles (EVs) and Hydrogen refueling infrastructure under Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME-II) scheme. Fuel Cell India, an initiative dedicated to promoting Renewable and Hydrogen Energy & Fuel Cells in India has […] Read more
DGTR’s Third Anti Dumping Investigation. Too Little, Too Late? Updated On Tue, May 18th, 2021 by Saurenergy The announcement by the ministry of commerce and industry of the Directorate General of Trade Remedies (DGTR) starting an anti-dumping probe on imports of solar cells imported from China, Vietnam, and Thailand was made yesterday. The move, while following due process as one would hope, leads to several questions regarding its relevance. Perhaps the only […] Read more
