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
Australia’s Massive ASEAN Power Link Project Gets Major Status Updated On Fri, Jul 31st, 2020 by Saurenergy Australia has accorded ‘major status’ to its ambitious Australia -ASEAN power link (AAPL) project. The new designation recognises the strategic importance of the project for Australia, and should help with faster approvals and priority handling by various government agencies involved. The project was formally granted the status on July 20. The Sun Cable project – […] Read more
Time’s Ripe for Offshore Wind Projects Updated On Thu, Jul 30th, 2020 by Saurenergy World Resources Institute Finds Offshore Wind Projects Offer Reduced Emissions and Higher Returns At a time when the globe is turning to renewable energy to mitigate climate change and address increasing power demand, offshore wind energy projects can be a gamechanger. A report by the High-Level Panel for a Sustainable Ocean Economy, World Resources Institute, […] Read more
Tesla and PG&E Break Ground on 182.5 MW BESS System in California Updated On Thu, Jul 30th, 2020 by Saurenergy Tesla and PG&E have announced that construction work has begun on the 182.5 MW lithium-ion BESS at PG&E’s electric substation in Moss Landing, California. Tesla and Pacific Gas and Electric Company (PG&E) have announced that construction work has begun on the 182.5-megawatt (MW) lithium-ion battery energy storage system (BESS) at PG&E’s electric substation in Moss Landing in […] 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
Government Keen on Removing Duty Concessions for Wind Turbine Parts Updated On Thu, Jul 30th, 2020 by Saurenergy The government is looking to withdraw the customs duty concessions that are offered to wind power developers for importing wind turbine parts Hot on the heels of the announcement that the safeguard duty (SGD) on Chinese origin solar equipment will be extended for another year, reports have surfaced that the government is now looking to […] Read more
ICRA Predicts 120-125 GW RE Capacity in India by December 2022 Updated On Thu, Jul 30th, 2020 by Saurenergy ICRA believes that the overall medium to long term outlook for the RE sector remains strong – supported by competitive tariffs, policies and schemes According to ICRA, capacity addition in the renewable energy (RE) sector is expected to remain subdued at about 8 GW in FY2021 given the continued execution challenges amid COVID-19, because of […] 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
Israel-based Enlight Renewable gets Financing for 189 MW Wind Project Updated On Wed, Jul 29th, 2020 by Saurenergy Israel-based Enlight Renewable Energy has secured financing for its 189 MW (59 turbines) wind farm project in the Israeli-controlled Golan Heights Israel-based builder and operator of wind and solar energy projects – Enlight Renewable Energy has announced that it has secured financing for its 189 MW (39 turbines) wind farm project in the Israeli-controlled Golan […] Read more
