Key Downside Risk in the Wake of BCD Announcement is Delays in Signing of PPAs/PSAs: ICRA Updated On Thu, Mar 25th, 2021 by Saurenergy Given the expected increase in solar tariffs amid the imposition of BCD, the delays in the signing of PPAs/PSAs is a key downside risk in the near term ICRA Ratings has said that policy support and tariff competitiveness factors are likely to continue driving investments in the renewable energy (RE) sector. However, on the flip […] Read more
ABB Crosses 5 GW Milestone for Providing Solar Plant Automation Solutions in India Updated On Thu, Mar 25th, 2021 by Saurenergy ABB has reached the cumulative 5GW mark in providing Programmable Logic Controller-based solar plant automation solutions in India. ABB has reached the cumulative 5-gigawatt (5GW) mark in providing Programmable Logic Controller based (PLC) solar plant automation solutions in India. The firm stated that this milestone is an outcome of many significant solar power projects that […] Read more
BCD Will Raise Solar Purchase Cost by Rs 900 Cr pa for Off-takers: Ind-Ra Updated On Wed, Mar 24th, 2021 by Saurenergy The imposition of BCD will lead to an increase in solar tariffs which will increase power purchase costs for solar off-takers by Rs 900 crore annually India Ratings and Research (Ind-Ra) has come out and said that the imposition of basic customs duty (BCD) on solar cells and modules with effect from 1 April 2022 […] Read more
Winning Bids at Rs 2.20/kWh in First Solar Auction After BCD Announcements Updated On Tue, Mar 23rd, 2021 by Saurenergy The very first solar auction after the Basic Customs Duty announcement on cells & modules has fetched a winning bid of Rs 2.20/kWh in Gujarat. The very first solar auction conducted after the announcement made by the Ministry of New and Renewable Energy (MNRE) of the Basic Customs Duty on Solar Cells and Modules from […] Read more
UK and India Working Together To Tackle Climate Crisis: Britain’s Minister Updated On Tue, Mar 23rd, 2021 by Saurenergy After a five-day tour of India, Britain’s Minister of State for South Asia, Lord Tariq Ahmad has said that UK and India are working to expand research and collaboration links to tackle climate change. Speaking on this two-nation partnership, Ahmad stated, “India has quadrupled wind and solar capacity in the last decade and committed to […] Read more
TCIL Seeking Partners for Solar Projects in 5 GW CPSU Tender by IREDA Updated On Fri, Mar 19th, 2021 by Saurenergy TCIL is seeking a partner to bid and develop solar projects under the 5 GW CPSU solar tender issued by IREDA. Telecommunications Consultants India Limited (TCIL) has issued an Expression of Interest (EOI), seeking bids from eligible firms for the selection of a partner for setting up grid-connected solar PV power projects in India under […] Read more
419.74 MW Installed in February, Renewable Capacity in India at 92.97 GW Updated On Wed, Mar 17th, 2021 by Saurenergy MNRE in its monthly summary has detailed that with 419.74 MW installed in February, total renewable energy capacity in India has reached 92.97 GW. The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of February 2021, detailing all the events and development that took place during the […] Read more
BCD Decision Sparks Predictable Reactions, Costs To Go Up By 50 p/unit Updated On Fri, Mar 12th, 2021 by Saurenergy Three days after the formal confirmation of government plans to impose an enhanced Basic Customs Duty (BCD) of 25 per cent and 40 per cent on imported solar cells and modules, respectively, the reactions have started coming in thick and fast. Dedicated developers, both those on record and off the record, have expressed their views […] Read more
Liaison Engineer Updated On Thu, Mar 11th, 2021 by Saurenergy Qualifications: Bachelor’s degree in engineering, business or related discipline preferred. Demonstrated knowledge of the renewable energy industry with focus on solar systems including a familiarity with federal and local energy regulations and performance standards. Experience: More than 2 years of Solar Projects Liaison Engineer experience required Location: Hyderabad Skill and Responsibility: Communicating with Supervisors, Peers, or […] Read more
