Orissa HC Issues Stay Order on Safeguard Duty on Solar Imports until August 20 Updated On Wed, Jul 25th, 2018 by Saurenergy The move came after the Directorate General of Trade Restrictions (DGTR) had recommended, last week, that safeguard duty on solar imports from China and Malaysia should be imposed for 2 years in a phased manner i.e. 25 percent for the first year, 20 percent for the first six months of the second year, and 15 […] Read more
SPDA Eyes Full Exemption from Safeguard Duty on Solar Equipment Updated On Mon, Jul 23rd, 2018 by Saurenergy Such safeguard duty on solar equipment could also kill thousands of job created from the down-stream activities of solar power generation including the manufacturing sector. The Solar Power Developers Association (SPDA) has sought complete exemption of safeguard duty on solar equipment for ongoing project. It believes that such a move can jeopardise investments worth Rs 1 […] Read more
MIDHANI Sets up 4 MW Solar Power Plant Updated On Mon, Jul 23rd, 2018 by Saurenergy The solar power plant is spread over 20 acres of land and is expected to generate 7,000 MW hr/year of electricity with a projected saving of Rs 5 crore per year and reduction of 5,600 tonnes of carbon dioxide (CO2) per year. State-owned Mishra Dhatu Nigam (MIDHANI) has set up a 4 MW solar power plant with […] Read more
Tata Power Solar Gets ‘Solar PV EPC Company of the Year’ Award Updated On Thu, Jul 19th, 2018 by Saurenergy The company was adjudged winner as ‘Solar PV EPC Company of the Year’ on the basis of rigorous assessment by a jury on various parameters of management. Integrated solar company & Tata Power’s arm, Tata Power Solar has won the coveted India Solar Week 2018 for its outstanding contribution to industry development in the Solar […] Read more
JA Solar Vietnam Gets $68.4 Mn Loan for 1.5 GW Wafer Mfg Plant Updated On Wed, Jul 18th, 2018 by Saurenergy Further, the move will help JA Solar arm to fund the procurement of equipment at it’s 1.5 GW of wafer manufacturing facility in Vietnam. JA Solar Vietnam Company, a wholly-owned subsidiary of JA Solar Holdings Co, had entered into a long-term buyer credit loan pact with China Minsheng Bank Corporation Ltd Shijiazhuang Branch. Further, the […] Read more
TGI Solar Soon to Make Electric Vehicles; Mulls Europe Expansion Updated On Wed, Jul 18th, 2018 by Saurenergy The company’s initial plan of electric vehicles assembly plant, will require financing of Euro 15-20 mm in combination of debt and equity. TGI Solar Power Group (TGI Solar) has received a draft of manufacturing agreement, which would allow the company’s auto division to begin production of electric vehicles and further proceed with its expansion plans in Europe. […] Read more
How Many Chinese Module Suppliers can Compete with JinkoSolar, Outside China? Updated On Tue, Jul 17th, 2018 by Saurenergy Since Chinese investments into major cell and module facilities started – more than 10 years ago – success ultimately has been driven by overseas market-share gains, above other technical or financial benchmarks that otherwise would be expected. However, despite the efforts of well over 50 Chinese cell/module makers (where the cut-off is including those with […] Read more
Vikram Solar Gets ‘Best Company to Work For’ Award Updated On Fri, Jul 13th, 2018 by Saurenergy Further, the ‘Best Company to Work For’ award criteria included company culture, employee ratings, employee feedback, management review, company’s HR best practices and so on. One of the leading solar energy solutions provider Vikram Solar has been awarded the ‘Best Company to Work For’ award in the solar sector at India Solar Week 2018, held in […] Read more
Madhya Pradesh CM Inaugurated NTPC’s Rs 1,500 Crore Solar Power Plant Updated On Thu, Jul 12th, 2018 by Saurenergy The solar power project was commissioned in June 2017 and generated electricity is being supplied for consumption in Madhya Pradesh, the sole beneficiary. In the area of Suwasra in district Mandsaur of Madhya Pradesh, Chief Minister Shivraj Singh Chauhan inaugurated NTPC’s 250 MW solar plant for the state consumers. The total investment for setting up the […] Read more
