Pakistan to Unveil First Domestically Produced Solar Panels Updated On Tue, Aug 10th, 2021 by Saurenergy Pakistan is gearing up to increase the production and use of renewable energy as a measure to alleviate power shortages. To this end, the country’s government has proposed eliminating taxes associated with the manufacture of solar and wind energy equipment in the country. The University of Engineering and Technology (UET), Lahore, is set to launch the […] Read more
IPO Time For India Solar Equipment Manufacturers In 2021 Updated On Mon, Aug 9th, 2021 by Saurenergy After a long wait, initial reports are finally coming out regarding plans by major Indian solar equipment manufacturers planning Initial Public Offers. We refer to a long wait simply because the markets have been buoyant for a while now, and have duly been followed by an IPO wave the likes of which has rarely been […] Read more
Rooftop PV is Australia’s Second Largest Generator Now, says AEC Updated On Fri, Aug 6th, 2021 by Saurenergy At more than 14.7 GW rooftop solar is now the second largest generator by capacity in Australia, according to the Australian Energy Council’s (AEC) latest Quarterly Solar Report. We have reported earlier on how Australia has been one of those rare large markets where rooftop solar had led growth over utility solar. This has been due […] Read more
Govt. Confirms Solar Imports Down To $571 million in 2020-21 Updated On Fri, Aug 6th, 2021 by Saurenergy Yesterday, the Union Power and New and Renewable Energy Minister Raj Kumar Singh while addressing the Lok Sabha announced that India’s solar cells and modules imports fell to $571.65 million in the last financial year (FY20-21) from $2.16 billion and $1.68 billion in FY18-19 and FY19-20, respectively. Till July end, India had imposed tariff and […] Read more
These 5 Firms Moved To Solar in 2021. How Many Will Follow? Updated On Wed, Aug 4th, 2021 by Saurenergy Indian corporates across energy-intensive sectors are increasingly adopting solar for captive use, the latter comprising a solar power plant that is deployed by a company for its own consumption. That is, power generated by such a solar power plant is consumed entirely by the developing company itself. For instance, Mumbai-headquartered auto major Mahindra & Mahindra Ltd. […] Read more
Kajaria To Invest Rs. 264 Lakhs For Captive Solar Power Consumption Updated On Tue, Aug 3rd, 2021 by Saurenergy India’s ceramic wall and floor tile manufacturing company, Kajaria Ceramics Ltd. has announced to invest Rs. 264 Lakhs in an SPV for solar power captive consumption. In a meeting today, the Board of Directors (BoD) of Kajaria Ceramics Ltd. have approved investing up to Rs. 264 Lakhs in an SPV (Special Purpose Vehicle) for solar […] Read more
Corporates Almost Match Utilities As Solar Installs Hit New High In the US Updated On Tue, Aug 3rd, 2021 by Saurenergy A report by the American Clean Power Association (ACPA) highlights the key role played by corporate demand in solar power, with the 2020 numbers as reference. Residential rooftop continues to provide a strong support to the market on the back of state subsidies. In 2020, the amount of solar installed in the US was 4000% […] Read more
Key Policy Challenges To a Thriving C&I Market for Solar In India Updated On Mon, Aug 2nd, 2021 by Saurenergy The Solar Energy sector has emerged as a potential green technology to address climate change issues by reducing dependence on conventional fossil fuel-based energy. India has a target to install 100 GW of solar energy capacity with a commitment to increase the renewable sources-based energy capacity to 175 GW by 2022. Under this, 40 GW […] Read more
Safeguard Duty Update on Solar from Power Minister’s Press Conference Updated On Fri, Jul 30th, 2021 by Saurenergy In his first formal update on the issue of Safeguard Duty (SGD) on solar imports, that expired yesterday, Power and MNRE minister R.K. Singh had a completely new take on the way forward. He was responding to a specific question asked on the issue by Saur Energy Asserting that the best way out was to […] Read more
