The BCD Calculus: Will It Deliver The Right Outcomes? Updated On Thu, Mar 25th, 2021 by Saurenergy As expected, once it did arrive, India’s Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, […] Read more
ICRA Accredits Waaree Energies with Highest ‘SP1A’ Ranking Updated On Wed, Mar 17th, 2021 by Saurenergy Waaree Energies has been assigned SP1A ranking by ICRA emphasizing strong performance capability and financial strength to undertake solar projects One of India’s leading solar solutions firms, Waaree Energies has been assigned the highest-ranking of SP1A by the Investment Information and Credit Ranking Agency of India (ICRA) under System Integrator Grading. The ranking SP1A emphasises […] Read more
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
Report Tries to Predict Hurdles That may Arise in Achieving Net-Zero Emissions by 2050 Updated On Tue, Mar 9th, 2021 by Saurenergy A new report has built a 2050 energy model with almost net zero emissions, and then looked back at the hurdles which may arise along the way. The world will move from today’s global electricity generation of 24,219 TWh to a little over double this figure at 53,153 TWh per annum by 2050, with the […] 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
BCD Announcement This Week? Speculation Reaches Fever Pitch, Again Updated On Tue, Mar 2nd, 2021 by Saurenergy A report in BusinessLine, quoting sources in the MNRE, has speculated on the possibility of Basic Customs Duty (BCD) on modules and solar cells finally being announced this week. Readers will recall that the announcement was widely expected in the Union Budget in February, but was conspicuously missing. The report quotes its sources as saying […] 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
Approach for Energy Sector has Been Reach, Reinforce, Reform & Renewable Energy: PM Modi Updated On Fri, Feb 19th, 2021 by Saurenergy Prime Minister Narendra Modi addressed a webinar for consultation towards effective implementation of Union Budget provisions in the power and renewable energy sector. Stating that the sector plays a big role in the progress of the country and contributes to both ease of living and ease of doing business. In his address, Modi said that […] Read more
National Hydrogen Energy Mission Document to be Finalised This Month Updated On Wed, Feb 10th, 2021 by Saurenergy The draft National Hydrogen Mission document has already gone through the consultation process and is expected to be finalised in February 2021 In the Budget Speech 2021-22, Finance Minister Nirmala Sitharaman proposed to launch a National Hydrogen Mission for generating hydrogen from green power sources. The ministry has now announced that the draft mission document […] Read more
