40% on Modules & 25% on Cells, MNRE to Impose BCD From April 1, 2022 Updated On Thu, Mar 11th, 2021 by Saurenergy 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, […] Read more
India Will Reach Paris Agreement Targets Ahead of 2030: PM Modi Updated On Sat, Mar 6th, 2021 by Saurenergy Prime Minister Narendra Modi on Friday has been awarded with Cambridge Energy Research Associates Week (CERAWeek) Global Energy & Environment Leadership Award for commitment to energy sustainability, environment. Thanking the award, PM Modi said, “It is with great humility that I accept CERAweek Global Energy & Environment Leadership Award. I dedicate this award to the […] Read more
SECI Issues RfS for its 1785 MW Solar Tender in Rajasthan (Tranche – IV) Updated On Fri, Mar 5th, 2021 by Saurenergy SECI has issued the RfS document for the selection of SPDs for setting up 1785 MW solar PV projects in Rajasthan (Tranche-IV). The Solar Energy Corporation of India (SECI) has now issued the Request for Selection (RfS) document for the selection of Solar Power Developers (SPDs) for setting up 1785 MW grid-connected solar PV power […] Read more
Union Cabinet Approves MoU Between India and France on Renewable Energy Updated On Thu, Mar 4th, 2021 by Saurenergy The Union Cabinet was apprised and approved of the signing of MoU between India and France in the field of renewable energy cooperation. The Union Cabinet, chaired by Prime Minister Narendra Modi, was apprised of the signing of the Memorandum of Understanding (MoU) between India and France in the field of renewable energy cooperation. […] Read more
450 MW Solar Plant In Johar State To Be Largest In Malaysia Updated On Tue, Mar 2nd, 2021 by Saurenergy The Sultan of Malaysia’s Johar State announced the development of a 450 MW solar PV power plant in the Pengerang municipal area. The development of a 450 MW solar PV power plant under the 2030 Johor Sustainable Development Plan has been announced by Ibrahim Ibni Almarhum Sultan Iskandar, the Sultan of the Johar state in Malaysia. […] Read more
Coal Power may Have Already Passed its Peak, if India Delivers its RE Targets Updated On Wed, Feb 17th, 2021 by Saurenergy An analysis by energy think tank Ember has revealed that coal power has continued to decline in India since reaching a peak in 2018. An analysis by energy think tank Ember has revealed that India’s coal power has continued to decline since reaching a peak in 2018. Coal-fired electricity generation in India fell 5 percent […] Read more
Delhi EV Campaign Receives Immense Response, EVs Completes 2 Cr Km Run Updated On Mon, Feb 15th, 2021 by Saurenergy Freshly launched ‘Switch Delhi’ Campaign, by Delhi CM Arvind Kejriwal has been receiving an immensely encouraging response by the state. The campaign started to promote electric vehicles (EVs) has been received “exceedingly well” and many two-wheeler companies have decided to “aggressively” launch new EV models in Delhi, an official statement said on Saturday. Delhi Transport […] Read more
Total Expands US Portfolio With Acquisition of 2.2 GW Solar Pipeline, 600 MW Storage Updated On Mon, Feb 8th, 2021 by Saurenergy Total has strengthened its presence in the US market by acquiring a pipeline of 2.2 GW of solar projects, and 600 MW of battery storage assets French major Total has announced that it has strengthened its presence in the US market by acquiring a development pipeline of 2.2 GW of solar projects, and 600 MW […] Read more
EDEN Renewables India Closes 165 Mn Loan for 450 MW Solar PV Project Updated On Wed, Jan 27th, 2021 by Saurenergy EDEN Renewables India (EDEN), a joint venture of two world leaders in renewable energy Total Eren and EDF Renouvelables, has secured a financial close for its 450 MW solar PV project which it won in a Solar Energy Corporation of India (SECI-III) auction, with a group of three major international banks. The SECI III project […] Read more