Scheme for Development of 14 MW Solar Plant with Linked Storage in Ladakh Updated On Thu, Jan 31st, 2019 by Saurenergy The lands for setting up of solar projects with battery storage will be facilitated by LREDA and KREDA. The Ministry of New and Renewable Energy (MNRE) under the order of the President of India has launched a new scheme for setting up Solar PV Projects with aggregate battery storage capacity in Leh & Kargil. The […] Read more
Government Lowers Import Duty on EV Components Updated On Wed, Jan 30th, 2019 by Saurenergy The Central Board of Indirect Taxes and Customs (CBIC) has carved out a separate category for parts and components of an electric vehicle for which customs duty has been lowered to 10-15 percent. To promote domestic assembling of electric vehicles, the government has lowered customs duty on import of parts and components of such vehicles […] Read more
SolarMaxx Celebrates 10 Years of Excellence Updated On Wed, Jan 30th, 2019 by Saurenergy SolarMaxx is celebrating 10 years of its continued mission of delivering highly efficient, clean energy systems. It is celebrating the hundreds of customers across India who had been empowered in the last decade to rethink their energy strategy, reduce energy expenses and transform how they do business by switching to clean energy. The company is […] Read more
President Sanctions Implementation of 1 GW Subset of Existing 5 GW VGF Solar Scheme Updated On Wed, Jan 30th, 2019 by Saurenergy Bidding will be conducted by SECI with capping the tariff at Rs 3 per unit, with a maximum VGF of Rs 1 Crores/MW. The Ministry of New and Renewable Energy (MNRE) has issued an order for the implementation of a subset of existing 5 GW Viability Gap Funding (VGF) scheme for setting up of 1 […] Read more
China’s CATL To Open German Plant For EV Batteries in 2021 Updated On Tue, Jan 29th, 2019 by Saurenergy CATL already has strategic agreements with carmakers including SAIC Motor Corp, Geely, BMW and Volkswagen. The world’s largest EV battery maker, China’s Contemporary Amperex Technology (CATL) plans to produce 60 GWh of battery storage by 2026 from its battery plant in Germany, its first production site in Europe. The company will focus on next-generation nickel-rich […] Read more
Saudi Arabia Issues Tender for 1.515 GW Solar Capacity Updated On Tue, Jan 29th, 2019 by Saurenergy The deadline for developers to express intention to participate in the procurement exercise is on February 14. Saudi Arabia’s Renewable Energy Project Development Office (REPDO) has issued an expression of interest for the development and construction of seven new solar PV independent power producer (IPP) projects with a combined potential capacity of 1.515 GW. The […] Read more
Poland Aid to LG Chem EV Battery Plant Gets EU Approval Updated On Tue, Jan 29th, 2019 by Saurenergy The investment aid will support LG Chem’s €325 million investment in a new vertically integrated manufacturing plant for the production of lithium-ion batteries in Poland. Poland’s €36 million (Rs 293 crore) investment aid to chemical company LG Chem, a part of one of Korea’s biggest company the LG Corp for a new electric vehicle batteries […] Read more
2019 Solar Predictions. Expect Volatility, But Lots of Positives to Look forward to Updated On Mon, Jan 28th, 2019 by Saurenergy Making predictions for the Solar sector in India is never easy, thanks to a tendency to keep tinkering with policy in this heavily policy influenced sector. But after speaking to multiple industry groups, we have the following 5 predictions for you. Starting off with the most obvious picks, total solar installations. Every expert in the […] Read more
Power Distribution Sector Needs Skill Development and Soon! Updated On Mon, Jan 28th, 2019 by Saurenergy Distribution companies need to undertake measures like smart metering, smart grid technology, switching to renewable sources of energy, adoption of blockchain in managing distributed energy resources and Artificial Intelligence. All of this calls for upscaling of existing workforce and preparing future power sector professionals to make strong impacts in the power sector. The need of […] Read more
