The Perils Of A High Customs Duty Regime Updated On Tue, Jul 7th, 2020 by Saurenergy Every crisis brings an opportunity with it. This is because obstacles considered insurmountable earlier, can become a lot more manageable in the rush of a crisis. India’s government has clearly decided to use the Covid-19, followed by the now bloody border dispute with China, as the opportunity to set things right for manufacturing in India. […] Read more
Sunrun to Acquire Vivint Solar for Enterprise Value of $3.2 Billion Updated On Tue, Jul 7th, 2020 by Saurenergy Sunrun and Vivint Solar have entered into a definitive agreement under which Sunrun will acquire Vivint Solar in an all-stock transaction Sunrun, a leading provider of residential solar, battery storage and energy services, and Vivint Solar, a leading full-service residential solar provider in the United States, have announced that the companies have entered into a […] Read more
Vestas Wins Wind Turbine Orders Worth 429 MW in North America Updated On Mon, Jul 6th, 2020 by Saurenergy Vestas has received orders worth 429 MW for the supply of wind energy turbines for projects in development in North America. Global wind major Vestas has announced that it has received orders worth 429 MW for the supply of wind energy turbines for projects in development in North America. The first is an order placed […] Read more
JinkoSolar to Supply PV Modules Worth 126 MW for Chile Project Updated On Mon, Jul 6th, 2020 by Saurenergy JinkoSolar will supply 126 MW of solar modules for the expansion of an existing 160 MW solar PV park in Chile. JinkoSolar, one of the largest solar module manufacturers in the world, has announced that it will supply 126 MW of solar modules for the expansion of an existing 160 MW solar PV park in Chile. […] Read more
Valid PPAs Before Aug 1 to get Exemption on Higher Duty on Imports Updated On Mon, Jul 6th, 2020 by Saurenergy Solar projects with valid PPAs before August 1, 2020, will be exempted from the proposed higher import duty on solar equipment and components. Solar power developers, that are still on course or in the process of starting work on the development of new solar projects in the country might be exempted from paying the newly proposed […] Read more
Future of Residential Solar: Post Covid Period Updated On Thu, Jul 2nd, 2020 by Saurenergy Till Dec 2019, India was having 757 MW of cumulative installed solar capacity by the residential segment, out of 5440 MW of rooftop solar (RTS). As per Phase II of Grid connected RTS implementation plan by MNRE released in Aug 2019 last year, India has set for itself a modest and calculated target of 4GW […] Read more
UAE’s Post-COVID-19 Recovery Plan Will Focus on Sustainable Economic Growth Updated On Thu, Jul 2nd, 2020 by Saurenergy The UAE’s post-COVID-19 recovery plan will focus on sustainable economic growth, Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, said today at a virtual event for Masdar employees. Masdar is playing a leading role both in food security and in renewable energy development, where it is supporting “building a greener, healthier […] Read more
MNRE Declares March 25-May 31 as Lockdown Period for RE Projects Updated On Thu, Jul 2nd, 2020 by Saurenergy MNRE has clarified that the lockdown period for time extension for renewable energy projects will be considered from March 25, 2020, to May 31, 2020. [Updated July 2, 2020 – 09:15] The Ministry of New and Renewable Energy (MNRE) has issued a new order clarifying that the lockdown period for time extension for renewable energy […] Read more
Bank of America Signs Another Solar Deal, This Time in Texas Updated On Wed, Jul 1st, 2020 by Saurenergy Bank of America has announced today its first 10-year structured renewable energy agreement with Reliant for solar power in Texas. Bank of America has announced today its first 10-year structured renewable energy agreement for solar power in Texas. In partnership with Reliant, an NRG Energy company, the deal will contribute to Bank of America’s commitment […] Read more