SECI Issues NIT for Deployment of RE Projects with Storage at Lakshadweep Updated On Mon, Feb 4th, 2019 by Saurenergy SPDs will also be responsible for the successful O&M of the project for a period of 10 years. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tenders (NIT) for deployment of Renewable Energy Projects along with a linked Battery Energy Storage System (BESS) in the Union Territory of Lakshadweep. The brief […] Read more
The Interim Budget. No Sunshine with A Hint of Rain Updated On Sat, Feb 2nd, 2019 by Saurenergy After getting many quick reactions from various industry experts we did some research on it and found that: The last budget of the Modi government tried to have something for everyone, especially the middle class and farmers. But it looks like the renewable vote is not really as important. On the renewable energy front, the […] Read more
SECI Auction for Maharashtra Park put off Indefinitely Updated On Mon, Nov 5th, 2018 by Saurenergy BENGALURU: Developers’ interest in Solar Energy Corporation of India’s (SECI) auctions hit a nadir when Tata Power Renewable Energy was the sole bidder on Wednesday for an auction for 50 MW at Dhodhainicha Solar Park in Maharashtra. The auction has been put off indefinitely. Last week SECI postponed a 1200 MW hybrid auction – solar […] Read more
EU Exempts China from Import Restrictions; Mulls Restricting US Updated On Tue, Sep 4th, 2018 by Saurenergy EU’s move of withdrawing restrictions came in after Brussels and Beijing mull to be more defensive of the U.S solar markets being more cooperative in their own trade policies. European Union (EU)has lifted five-year old protectionism restrictions on solar panel imports from China paving way to protecting the domestic developers and manufacturers from the U.S. […] Read more
Anti-Dumping & Safeguard Duties- A Cloud of Uncertainty Still Remain to be Cleared Updated On Tue, Aug 7th, 2018 by Saurenergy Despite a significant move taken by the Indian government a month ago, to promote the power of solar in tackling climate change globally, where, India took centre stage by leading the bunch of nations from across the globe during the International Solar Alliance (ISA) founding ceremony. India, too, is dealing with various bottlenecks on domestic […] Read more
Financing Indian Sun Updated On Mon, Jun 25th, 2018 by Saurenergy After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […] Read more
Pre-bid Meeting for 10K MW Held, 29 Companies Participated Updated On Sat, Jun 23rd, 2018 by Saurenergy The companies that participated include representatives from SoftBank Group’s SB Energy and global solar giant GCL. For the forthcoming 10,000 MW manufacturing-linked solar auctions, around 29 companies participated in the pre-bid meeting in Delhi. The Solar Energy Corporation of India (SECI) would be conducting these auctions across the board. The companies that participated include representatives […] Read more
India May Not Achieve 100 GW Target by 2022: Report Updated On Thu, May 17th, 2018 by Saurenergy The current bidding environment in India is ‘irrationally aggressive’. Around 70% of the total respondents were of the opinion that the aggressive nature of bidding, that lowered tariffs for wind and solar energy to Rs 2.43 and Rs 2.44 per unit respectively, is not feasible for the growth. The target of adding 175 GW of […] Read more
Anti-Dumping & Safeguard Duty: A Battle Still Remain to be Fought on the Ground Updated On Thu, Apr 12th, 2018 by Saurenergy Inspite of, the Directorate General of Anti-Dumping (DGAD) has recently terminated the anti-dumping probe on import of solar cells and modules from China, Taiwan and Malaysia on the back of current petition withdrawn by the Indian Solar Manufacturers Association (ISMA) itself in March FY18. There’s still a journey of rocky road ahead to be travelled […] Read more