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
Indian Manufacturers to benefit from Rs 8000 Cr Solar Energy Scheme Updated On Mon, Jul 23rd, 2018 by Saurenergy If the Solar Energy Scheme gets required approvals and execution, it would mandate the Indian solar cell’s manufacturers to manufacture without the violation of WTO’s trade rules. A 12 Gigawatts Solar Energy Scheme to back the indigenous manufacturing of the solar energy components is underway. The scheme is proposed to be costing Rs 8000 crore. […] Read more
Magenta Power Launches ‘Grow Green’ Initiative for Sapling Plantation Updated On Fri, Jul 20th, 2018 by Saurenergy Through this program, Magenta Power aims to create greater awareness among people towards use of clean energy in urban areas, reiterating brand’s commitment to early adoption of green solutions. Renewable energy solutions provider Magenta Power has launched its ‘Grow Green’ initiative at pan India level for the sapling plantation. As a part of the initiative, for every […] Read more
Capital Dynamics’ CEI to Buy Csolar South and West Updated On Thu, Jul 19th, 2018 by Saurenergy The company has acquired CSolar south and west projects from Tenaska, a leading independent power producer (IPP) in the United States, having achieved commercial operation and secured a long-term power purchase agreement (PPA) with a California-based utility business. An independent global asset manager, Capital Dynamics through its Clean Energy Infrastructure (CEI) team has inked a pact to […] 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
Azure Power’s Portfolio Surpasses 3 Gigawatts Updated On Tue, Jul 17th, 2018 by Saurenergy Azure Power wins 300 MWs with AA+ domestic debt rated government entity (SECI) at a tariff 8% above the lowest bid in the auction 87% of the 2.2 GW contracted pipeline are with counterparties that have A to AAA domestic debt ratings Over 1 GWs of the contracted pipeline are with sovereign counterparties Azure […] 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
Maharashtra to Tap Solar Projects on Large Dams Updated On Thu, Jul 12th, 2018 by Saurenergy At the Ujani dam, the project will cover 2,000 hectares or less than 1/15th of the total 34,000-hectare area of the reservoir. In order to shift from conventional source of energy to solar energy and to overcome the hurdles in acquiring private land for infrastructure projects, the government of Maharashtra has embarked upon the fleet […] Read more
