Budget 2018-19: Renewable Energy Industry Largely ‘Unhappy’ Updated On Fri, Feb 2nd, 2018 by Saurenergy Overall, the Union Budget 2018 is average but still, the government can focus to solve problems faced by industry players in the current year so that India can fulfill its green energy ambitious goals on time. Finance Minister Arun Jaitley rolled out its much-anticipated Union Budget 2018-19 in parliament on 1 February 2018. With national polls […] Read more
Vikram Solar Slams Arun Jaitley’s Budget 2018 for Solar Sector Updated On Fri, Feb 2nd, 2018 by Saurenergy The budget 2018 is not very encouraging for the renewable and solar energy sector. The government has missed out on a major opportunity to take a lead towards combating climate change. The government has proposed to take out the import obligation on parts that make up sun powered boards. In his last full budget 2018 […] Read more
Budget 2018: Reactions From the Solar Industry Updated On Thu, Feb 1st, 2018 by Saurenergy Jaitley in his budget 2018 speech proposed that the duty on solar tempered glass or solar tempered [anti-reflective coated] glass for the manufacture of solar cells, panels, modules be reduced from 5 percent to zero. The Budget 2018 presented by Finance Minister Arun Jaitley has proposed to eliminate the import duty on components that […] Read more
Years Ahead, India Achieves 20 GW of Solar Energy Target Updated On Wed, Jan 31st, 2018 by Saurenergy According to the latest India research report by green energy market tracker Mercom Capital, the utility-scale combined establishments now remain at around 18.4 gw, with rooftop solar representing another 1.6 gw. India has accomplished 20 GW (gigawatt) aggregate solar limit, accomplishing the turning point four years in front of the objective for 2022 initially set […] Read more
Longi Solar Approves 1 GW Indian Manufacturing Facility Updated On Tue, Jan 30th, 2018 by Saurenergy Longi Solar has confirmed to become the first Chinese company to set up a solar equipment manufacturing facility in India. The news comes just a month after the company said it would invest $300 million in a 5 GW module facility in China. Longi Solar is working to set up a 1 GW solar PV […] Read more
Budget 2018: Solar Industry Demands Clarity, Relief in Safeguard Duty Updated On Mon, Jan 29th, 2018 by Saurenergy According to industry experts, the imposition will not only increase the tariff by almost Re 1 but it will put the projects under execution in deep trouble resulting in making them unviable, turning them into non-performing assets. With the proposed imposition of 70 percent safeguard duty on import of solar power equipment and concerned about […] Read more
Due To Trump Solar Tariff SunPower Puts U.S. Expansion On Hold Updated On Sat, Jan 27th, 2018 by Saurenergy The Trump organization did not report any item exclusions when it disclosed the levies. The U.S. Exchange Representative will report the standards for asking for an avoidance by Feb. 22. SunPower Corp said it was putting a $20 million U.S. industrial facility extension and several new employment on hold until and unless its solar panels […] Read more
Donald Trump’s Tariff on Imported Solar Panels Will Cost 23,000 Jobs: SEIA Updated On Tue, Jan 23rd, 2018 by Saurenergy The Donald Trump administration has decided to slap a whopping 30 percent tariff on solar cells and washing machines imported from China. The Solar Energy Industries Association (SEIA) has stated that the 30 percent tariffs on imported solar panels and cells will cost the United States 23,000 jobs. Angered by the Trump’s decision, the trade […] Read more
Electric Vehicles India is Shifting Gears Updated On Tue, Jan 23rd, 2018 by Saurenergy ELECTRIC VEHICLES ARE NOT GOING TO TAKE THE MARKET BY STORM, BUT IT’S GOING TO BE A GRADUAL IMPROVEMENT. The automobile sector in India is one of the largest growing markets of the world, and contributes highly to the nation’s manufacturing facilities. Not only this, the automobile domain is further expected to pull up the […] Read more
