We Need to Renew our Pledge to Renewables: Niti Aayog VC Updated On Thu, Aug 6th, 2020 by Saurenergy India needs to renew its pledge to renewables as thermal cannot take the country far due to environmental constraints, Niti Aayog VC Rajiv Kumar has said. India needs to renew its pledge to renewables as thermal energy cannot take the country far due to environmental constraints, Niti Aayog Vice Chairman Rajiv Kumar said. Delivering the keynote address on ‘Solar Energy: The […] Read more
GE to Supply 209 MW of Wind Turbines Updated On Wed, Aug 5th, 2020 by Saurenergy GE Renewable Energy has won contracts for the construction and long-term operation of the 209 MW Murra Warra II wind farm in Victoria, Australia GE Renewable Energy selected to supply Cypress wind turbines totaling 209 MW for Murra Warra II wind farm in Victoria, Australia. Construction of the project will commence later this year and […] Read more
Siemens Gamesa Impacted by COVID, Reports Net Loss of €466 mn in Q3 Updated On Tue, Aug 4th, 2020 by Saurenergy Siemens Gamesa performance in Q3 of FY 2020 reflected the impact of COVID-19 on its operations as well as challenges in the Onshore business Siemens Gamesa performance in the third quarter (Q3) of FY 2020 (April-June) reflected the impact of COVID-19 on its operations as well as challenges in the Onshore business, due to the slowdown […] Read more
The same duties on imports of cells & modules are not going to serve the purpose: Prasoon Chaudhary Updated On Mon, Aug 3rd, 2020 by Saurenergy In a chat with Prasoon Chaudhary, Business Unit Head, Photovoltaic Solar Manufacturing at Pennar Industries Limited, we got his perspective on the many challenges the module side of the business faces today. After their success in the mounting structures business, the engineering goods firm is looking ahead to replicating the same level of success in […] Read more
APTEL Defers REC Trading by Four Weeks Updated On Mon, Aug 3rd, 2020 by Saurenergy No REC trading sessions held in July The Appellate Tribunal for Electricity (APTEL) has deferred the renewable energy certificate (REC) trading by a time period of four weeks. July 2020, REC trading session on both the Indian power exchanges, the PXIL and IEX, has been postponed by four weeks due to an APTEL order on […] Read more
There’s a dire need of stability in policies, commitment and political will: Sushil Bansal Updated On Fri, Jul 31st, 2020 by Saurenergy With the date for imposition of a fresh Basic Customs Duty on cell and module import drawing nearer, manufacturers in India are look to the future with guarded optimism. We spoke to Sushil Bansal, the Founder and Managing Director at Novasys Greenergy, an established firm with a 100MW capacity. Sushil has been responsible for the […] Read more
RBI Governor Hints at Power Sector Reforms Updated On Thu, Jul 30th, 2020 by Saurenergy For the next wave of growth of renewables, fast-paced changes need to be implemented Recently, the Governor of Reserve Bank of India (RBI), Shri Shaktikanta Das, addressed members of the National Council of the Confederation of Indian Industry (CII), regarding whether dynamic shifts are underway in the Indian economy. Stating that the country’s power sector […] Read more
With SGD Extended by 1 Year, Manufacturer’s Eye BCD Announcement in August Updated On Thu, Jul 30th, 2020 by Saurenergy Following the recommendations of the DGTR (Directorate General of Trade Remedies) last week, the government has formally notified the extension of the Safeguard Duty (SGD) by a year on Chinese origin solar equipment. The extension, till July 29, 2021, seeks to protect Indian manufacturers from alleged dumping by Chinese firms. Interestingly, there is no mention […] Read more
MNRE Extends RE Research and Technology Development Programme Updated On Wed, Jul 29th, 2020 by Saurenergy MNRE has announced the continuation of its Renewable Energy (RE) Research and Technology Development Programme till March 31, 2021 The Ministry of New and Renewable Energy (MNRE) has announced that its as received the sanction from the president of India for the continuation of its Renewable Energy (RE) Research and Technology Development Programme till March […] Read more