BCD Will Raise Solar Purchase Cost by Rs 900 Cr pa for Off-takers: Ind-Ra Updated On Wed, Mar 24th, 2021 by Saurenergy The imposition of BCD will lead to an increase in solar tariffs which will increase power purchase costs for solar off-takers by Rs 900 crore annually India Ratings and Research (Ind-Ra) has come out and said that the imposition of basic customs duty (BCD) on solar cells and modules with effect from 1 April 2022 […] Read more
Total Solarizes L’Oréal’s First Industrial Site in France Updated On Tue, Mar 23rd, 2021 by Saurenergy Total, through its affiliate Total Quadran, one of the leading renewables players in France, announces the commissioning of the solarization project at L’Oréal’s Vichy production plant. The project consists of photovoltaic parking lot awnings and charge points for electric vehicles. The renewable electricity produced will cover 33% of the plant’s energy needs, from almost 4,000 […] Read more
BHEL Secures 1st Overseas Contract for Grid-Tied Solar Plant in Mauritius Updated On Tue, Mar 23rd, 2021 by Saurenergy BHEL has secured its maiden overseas turnkey contract for a grid-tied 8 MW solar power plant to be developed in Mauritius on an EPC basis. Bharat Heavy Electricals Limited (BHEL) has announced that it has achieved another milestone in international business by securing its maiden overseas turnkey contract for a grid-connected 8 MW ac solar […] Read more
India’s $122 Billion Energy Stimulus a Mixed bag for its Energy Transition: Report Updated On Tue, Mar 23rd, 2021 by Saurenergy A new report shows the government’s stimulus for the energy sector, despite being the largest, is a ‘mixed bag’ for its energy transition While India has committed more public money than any other economy to date – at least USD 122 billion (~Rs 8.8 lakh crore) – to support the energy sector since the start […] Read more
Winning Bids at Rs 2.20/kWh in First Solar Auction After BCD Announcements Updated On Tue, Mar 23rd, 2021 by Saurenergy The very first solar auction after the Basic Customs Duty announcement on cells & modules has fetched a winning bid of Rs 2.20/kWh in Gujarat. The very first solar auction conducted after the announcement made by the Ministry of New and Renewable Energy (MNRE) of the Basic Customs Duty on Solar Cells and Modules from […] Read more
German Utility EnBW Building two Subsidy-Free Solar Projects Worth 300 MW Updated On Mon, Mar 22nd, 2021 by Saurenergy German Utility EnBW is building two more subsidy-free large-scale solar projects in Brandenburg with a capacity of 150 MW each. German Utility Energie Baden-Württemberg i.e. EnBW has announced that it is building two more subsidy-free large-scale solar photovoltaic projects in Brandenburg with a capacity of 150 megawatts (MW) each. These new projects follow on from […] Read more
China’s Green Ambitions can Complement Energy Security and Economic Goals: WoodMac Updated On Mon, Mar 22nd, 2021 by Saurenergy Wood Mackenzie’s latest report reveals that China’s march towards carbon neutrality by 2060 can complement both energy security and economic goals. Faced with a fractured global trading system, China’s leadership has responded with ‘dual circulation’, an economic manifesto focusing on more secure supply chains, growing the domestic market and improving export competitiveness. At the same […] Read more
MNRE Urgently Needs Strategic Plan to Achieve 100 GW Solar Target: SCOE Updated On Mon, Mar 22nd, 2021 by Saurenergy The SCOE has recommended MNRE to speedily work out a strategic plan to achieve the target of 100 GW solar energy within the deadline of 2022 The Standing Committee on Energy (SCOE) recently presented its 17th report on ‘Action Plan for the achievement of 175 Gigawatt (GW) Renewable Energy Target’, relating to the Ministry of […] Read more
Adani Green Energy Receives LOA for 300 MW Wind Project From SECI Updated On Mon, Mar 22nd, 2021 by Saurenergy AREHFL, a subsidiary of Adani Green Energy, has received the LOA to set-up a 300 MW wind project under SECI’s 1200 MW (Tr-X) tender. AREHFL, a subsidiary of Adani Green Energy (AGEL), had participated in the tender issued by the Solar Energy Corporation of India (SECI) for setting up 1,200 MW ISTS-connected wind power projects […] Read more
