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solar market

40% on Modules & 25% on Cells, MNRE to Impose BCD From April 1, 2022

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, […]

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MNRE Issues Amended Draft Policy for Promoting DRE Livelihood Applications

MNRE has issued a revised draft of its policy framework for developing and promoting DRE livelihood applications in rural areas of India The Ministry of New and Renewable Energy (MNRE) has issued a revised draft of its policy framework for developing and promoting Decentralised Renewable Energy (DRE) livelihood applications. The ministry has invited comments/suggestions from […]

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Mainspring Launches new Power Generation Technology; Announces $150 Mn Agreement with NextEra

Mainspring Energy has launched the Mainspring Linear Generator, the first product in a new category of power generation technology for commercial and industrial buildings, utilities, and microgrids. The growing mandate for a reliable, affordable, and low-carbon electric grid is driving demand for new power generation technologies that can enable greatly increased use of renewable energy […]

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EESL Invites Private Players to Boost Adoption of Energy Efficient Products and Services in India

With the aim to maximise the adoption of energy efficient products and services in India, Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power, has decided to empanel Corporate Sales Agencies, Direct Sales Agencies, Dealers and Retailers and other Demand Aggregators, including ESCOs with requisite under the Success Fee Model. Through […]

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Business Development Manager – Rooftop

Qualification: B.Tech + MBA Experience: Min – 6-8yrs Location: Delhi Specific Exposure: B2B (like engineering industrial products), Solar Rooftop/Renewable Energy/Open Access/Power Trade. Exposure to deal with government bodies/authorities would be an advantage. Role Purpose: Accountable for generation of new leads, achieving the sales as targeted, in the assigned Territory / Region Generate and Maintain “Business […]

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Sungrow Supplies Latin America’s Largest Under Construction PV Plant

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 […]

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Danish Firm Halder Topsoe Fires First Salvo In Green Hydrogen Manufacturing

The Catalyst Manufacturer has claimed that its upcoming facility to build electrolysers will cut the cost of Green Hydrogen by 20 percent Green Hydrogen has started attracting some serious attention across the world now, with experts putting down a price of anything between $1.5 to $2 as the inflection point that will make it a […]

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Rosatom’s Storage Division Takes 49% Stake in Korean Energy Storage Firm

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, […]

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