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
40% on Modules & 25% on Cells, MNRE to Impose BCD From April 1, 2022 Updated On Thu, Mar 11th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has finally finalised the new Basic Customs Duty (BCD) on solar PV cells and modules. As per an office memorandum, the Ministry is going to impose a 25 percent BCD on solar PV cells and 40 percent duty on solar modules without grandfathering of bid-out projects. However, […] Read more
Sungrow Supplies Latin America’s Largest Under Construction PV Plant Updated On Tue, Mar 9th, 2021 by Saurenergy After an agreement and the recent emission of NTP (“Notice To Proceed” or “Service Order”) with Focus Energia, an integrated energy business platform, Sungrow will supply inverters and MV stations for the implementation of the first phase of the Futura Project, an 852 MWp solar park that will soon be one of the largest in […] Read more
Rosatom’s Storage Division Takes 49% Stake in Korean Energy Storage Firm Updated On Mon, Mar 8th, 2021 by Saurenergy RENERA LLC a part of Rosatom State Corporation, has concluded the deal to acquire a 49 percent share of Enertech International Inc, a South Korean manufacturer of electrodes, lithium-ion storage cells, and energy storage systems. RENERA manufactures energy storage systems based on lithium-ion batteries for special equipment, telecommunications systems, uninterruptible power supplies, energy storage systems, […] Read more
Norwegian Li-ion Battery Major Freyr Gets Govt Grant To Scale Up Updated On Thu, Mar 4th, 2021 by Saurenergy Norway’s Freyr battery (no connection to solar EPC Freyr Energy Services in India) has received a grant from Norway’s ministry of climate and environment, through Enova SF, of NOK-142-million (Rs 1300 crores) to start work on a clean battery cell production plant in Mo i Rana, Nordland county. Freyr AS has set a target of […] Read more
Karnataka Floats Tender For 50 Electric Buses Under FAME II Scheme Updated On Mon, Mar 1st, 2021 by Saurenergy The North Western Karnataka Road Transport Corporation (NWKRTC) has issued the request for proposals (RFP) for procurement, operation, and maintenance of 50 electric buses on the Gross Cost Contract (GCC) model under FAME-II scheme. Interested bidders can submit their bids online by March 9, 2021, and bids in hard copies should be submitted by March […] Read more
Sungrow Makes a Resolution to Aatmanirbhar Bharat with 10 GW Expansion Plan Updated On Thu, Feb 25th, 2021 by Saurenergy Sungrow has reiterated its commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum Sungrow, a leading inverter solution supplier for renewables, has reiterated its long-term commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum, making it the […] Read more
Triton EV Signs MoU With BEL to Develop EV Opportunities in India Updated On Tue, Feb 23rd, 2021 by Saurenergy The US-based new subsidiary of Triton Solar, Triton EV, has announced its expansion plans in India with its manufacturing facility set up for electric vehicles (EVs) and energy storage systems. “We have announced the availability of SUV Model H and Triton EV Sedan Model N4. Very soon, we will showcase these Triton EVs for Indian […] Read more
868,000 Jobs in Offshore Wind Energy Segment by 2030: Rystad Updated On Tue, Feb 23rd, 2021 by Saurenergy There is one energy segment, according to Rystad Energy analysis, that will be the new hiring haven for energy jobs- offshore wind. The COVID-19 downturn has caused employment rates to plummet in different energy industries. As industries return to normal, employment rates are expected to gradually pick up, however, there is one energy segment, according […] Read more
