Karnataka Bags Proposals Worth Rs 72K Cr, With EVs and Solar in Focus Updated On Mon, Feb 17th, 2020 by Saurenergy It has been reported that Rs 72,000 crore investment proposals were received at the Invest Karnataka meet for the states’ northern region. It has been reported that Rs 72,000 crore investment proposals were received at the Invest Karnataka meet, held on February 14, 2020, for the states’ northern region. “About 50 foreign and domestic firms […] Read more
Will CoronaVirus Prove To Be The Force Majeure Of 2020 for Indian solar? Updated On Sat, Feb 15th, 2020 by Saurenergy India’s renewable, and especially the solar sector, has had a tough time since 2018. In 2018, it was the Goods and Services Tax (GST) which upended calculations of bid winners, especially those who signed their PPA’s just before the GST came in. If that wasn’t enough, it was followed by the Safeguard Duty, which muddied […] Read more
India’s Solar and Wind Capacity to Reach 135 GW by 2024: BTI Updated On Tue, Feb 11th, 2020 by Saurenergy India’s solar and wind generation capacity has been predicted to reach 135 GW by the end of 2024 up from the 77 GW at the end of 2019. According to a new report, India’s solar and wind generation capacity has been predicted to reach 135 gigawatts (GW) by the end of 2024 up from the […] Read more
Govt Modifies Provision; Cuts Application Fees for Small Solar Module Manufacturers Updated On Fri, Feb 7th, 2020 by Saurenergy In a significant step towards providing further relief to small solar module manufacturers, the Ministry of New and Renewable Energy (MNRE) has modified its existing provisions related to application fees. As per the new provisions, for small photovoltaic (PV) module manufacturers having total installed manufacturing capacity less than or equal to 50 MW, the application […] Read more
The Total-Adani Deal- Impact on Indian Solar Sector Updated On Fri, Feb 7th, 2020 by Saurenergy The announcement yesterday of a proposed JV between Total Total SA, the french energy major, and Adani Green Energy, the renewable energy arm of the Adani Group, for $510 million (approx Rs 3600 crores) is, to put it mildly, a surprise. After all, while not dire, the sector today faces multiple pressure points, the latest […] Read more
Govt in Favour of Domestic Solar Manufacturing, Market not so Much Updated On Fri, Feb 7th, 2020 by Saurenergy The government is heavily indulged in promotion of domestic solar manufacturing, however, when it comes to utilisation on projects, imports are still favoured According to information relayed in a recent parliamentary discussion, the central government is heavily indulged in promotion of domestic solar manufacturing as portrayed by all the policy changes and financial incentives being […] Read more
Solar Power to Become Cheaper and More Efficient in 2020s: Report Updated On Wed, Feb 5th, 2020 by Saurenergy Solar system prices will continue to become cheaper over the next decade, driven by advances in module efficiency, manufacturing, labour practices, and software, a new analysis has revealed. Solar system prices will continue to become cheaper over the next decade, driven by advances in module efficiency, manufacturing, labour practices, and software, according to Wood Mackenzie. […] Read more
Flair Group to Solarise its Manufacturing Plant with SunAlpha Energy Updated On Wed, Feb 5th, 2020 by Saurenergy Rajasthan based SunAlpha Energy on Wednesday said that it has entered into partnership with Flair Writing Industries Ltd, country’s one of the leading manufacturers of writing instruments, to solarise its manufacturing facility. As per the deal, the company will install a solar plant of 150 kW capacity at the Flair’s manufacturing plant in Daman. Further, the […] Read more
Here’s how Indian Solar Industry Evaluates the Budget 2020 Updated On Mon, Feb 3rd, 2020 by Saurenergy The stakeholders from the solar industry has broadly welcomed the Narendra Modi led NDA government’s Union Budget 2020, as this time the power and renewable energy sector managed to get more attention in the budget. This time Finance Minister Nirmala Sitharaman’s budget got more relevance as it came at a time when the country’s economy […] Read more
