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
POWERGRID Acquires RNTL, to Establish Transmission System for Rajasthan SEZ Updated On Wed, Mar 10th, 2021 by Saurenergy POWERGRID has announced that pursuant to its selection as the successful bidder it has acquired Ramgarh New Transmission Limited (RNTL). The Power Grid Corporation of India Limited (POWERGRID), has announced that pursuant to its selection as the successful bidder under tariff-based competitive bidding, it has on March 9, 2021, acquired Ramgarh New Transmission Limited (RNTL) […] Read more
State-Owned and Private Discoms on two Ends of the Spectrum: ICRA Updated On Tue, Mar 9th, 2021 by Saurenergy The credit profile of the state-owned Discoms continues to remain stressed, while that of several privately-owned Discoms remains healthy The credit profile of the state-owned distribution utilities (Discoms) continues to remain stressed due to higher level of technical & commercial (AT&C) losses compared to regulatory norms, inadequate tariffs in relation to their cost of supply […] Read more
AfDB Approves $27 Mn Loan to Establish 200 MW Solar Plant in Egypt Updated On Mon, Mar 8th, 2021 by Saurenergy The African Development Bank’s Board of Directors today approved $27.2 million in loan financing for the design, construction and operation of a 200 MW photovoltaic solar power plant at Kom Ombo, in Upper Egypt on the river Nile. The project is expected to lower electricity costs for businesses and residences, as well as reducing greenhouse […] Read more
Adani Green Commissions 100 MW Gujarat Wind Project Ahead of Schedule Updated On Mon, Mar 8th, 2021 by Saurenergy Adani Green Energy has commissioned a 100 MW wind power plant in Kutch, Gujarat five months ahead of its schedule. AWEKTL, a subsidiary of Adani Green Energy Limited (AGEL), has announced that it has commissioned a 100 MW wind power plant in Kutch, Gujarat five months ahead of its schedule. The 100 MW wind project […] Read more
Fourth Partner Energy Expands Footprint Ties up With Indonesia’s Indika Energy Updated On Fri, Mar 5th, 2021 by Saurenergy Fourth Partner Energy has partnered with Indika Energy to form JV -EMITS with the aim of accelerating Indonesia’s renewable energy transition. Fourth Partner Energy (FPE), one of India’s leading solar solutions firms has announced a partnership with Indonesia’s energy major, Indika Energy. The joint venture (JV) company Empat Mitra Indika Tenaga Surya (EMITS) is aimed […] Read more
Karnataka Issues Renewable Energy Policy 2021-26, Targets 20 GW of RE Projects Updated On Fri, Mar 5th, 2021 by Saurenergy Karnataka Renewable Energy Development Limited (KREDL) has drafted the “Karnataka Renewable Energy Policy 2021-26” to strengthen the Renewable Energy markets in the state. Being one of the leading States in Renewable Energy (RE) sector in the country with a RE generation capacity of about 15,037 MW, the KREDL has drafted the policy with a foremost […] Read more
Huawei showcases full lineup of digital power solutions at 2021 PV EXPO Tokyo for the first time Updated On Thu, Mar 4th, 2021 by Saurenergy Huawei is exhibiting at 2021 PV EXPO TOKYO with a complete array of solutions from digital power business for the first time, encompassing five key areas: Smart PV, Data Center Energy, iSitePower, Modular Power and mPower. A smart and fully connected world in every sense of the concept is now within reach. There is a […] Read more
Sungrow Launches the Latest 75 kW String Inverter for Brazilian DG Market Updated On Thu, Mar 4th, 2021 by Saurenergy Sungrow, the global leading inverter solution supplier for renewables, rolled out the Company’s latest commercial string inverter SG75CX for Brazilian micro-generation power plants, showcasing the Company’s continued commitment to comply with the regional power demand and decarbonize the local economy. The Brazilian solar market has not been significantly impacted due to the COVID-19 crisis as […] Read more
