Gov’t Cuts Component Manufacturing Requirement to Prevent High Tariff Bids in Solar Tender Updated On Mon, Sep 3rd, 2018 by Saurenergy The government has also brought down the maximum permissible tariff rate for the solar tender to Rs 2.75 per unit from an earlier cap of Rs 2.93. In a bid to attract healthy number of developers in a recent solar auction and prevent higher tariff bids from the bidders, the government has reduced the component […] Read more
MNRE Postpones Commissioning of 7,750 MW Grid-Connected VGF Solar Projects Updated On Sat, Sep 1st, 2018 by Saurenergy MNRE does not hold the developers responsible for the delay in the commissioning of solar PV projects but the supervisory authorities. Ministry of New and Renewable Energy (MNRE) has in a row extended the commissioning deadlines of 7,750 MW grid-connected solar PV power projects under different batches of viability gap funding (VGF) planned under 2nd […] Read more
Bi-Layer Solar Cell Sets Record for Efficiency Updated On Sat, Sep 1st, 2018 by Saurenergy The Solar cell is believed to have converted more than 25 percent of the sun’s energy into electrical power in the category of perovskite-CIGS tandem solar cell. Material scientists from UCLA Samueli School of Engineering have developed a double-layered thin film solar cell that has set efficiency records in generating power from sunlight. The device […] Read more
Malaysia Seeks Relief on India’s Solar Safeguard Duty from WTO Updated On Fri, Aug 31st, 2018 by Saurenergy India had imposed safeguard duty of up to 25 per cent on solar cells imports from China and Malaysia for two years to protect domestic players from steep rise in inbound shipments. Malaysia has sought consultations with India under the WTO’s safeguard agreement against New Delhi’s decision to impose import duty on solar cells, the World Trade Organisation […] Read more
Orissa HC Hearing on ‘Solar Safeguard Duty Case’ on Sept’ 19 Updated On Thu, Aug 30th, 2018 by Saurenergy The new hearing date manifestly shows that the safeguard duty is yet to be implemented on the solar imports from China and Malaysia. Nearing the safeguard duty verdict, Orissa High Court has set September 19th, 2018 as the next date for the hearing of ‘Safeguard Duty on Solar Imports Case’. Coming as a historic wrestle […] Read more
India Beholds Lowest-Ever Solar Tariff Rates in MP’s 35MW Solar Rooftop Tender Updated On Wed, Aug 29th, 2018 by Saurenergy MPUVNL tender for 35 MW grid-connected rooftop solar power project was rolled out under global Renewable Energy Service Company (RESCO) tenders with participation from 31 reputed developers. India witnessed a breakthrough in solar industry in the form of lowest-ever tariff rate of Rs. 1.58 per unit of power bid in Madhya Pradesh’s 35 MW solar […] Read more
Indian Gov’t to Seek RBI Relief for Stressed Power Cos Updated On Wed, Aug 29th, 2018 by Saurenergy Allahabad High Court disapproved the RBI relief to the private power companies taking into account the RBI February 12 circular upholding tighter bad loan norms. Following an order by the Allahabad High Court declining to provide any interim relief to the stressed power sector firms, Indian Government is considering to ask Reserve Bank of India […] Read more
MNRE Seeks Upper Ceilings for Solar Tariffs Updated On Wed, Aug 29th, 2018 by Saurenergy MNRE has asked the Solar Energy Corporation of India to follow the ‘maximum permissible tariff rule’ for capping the solar tariffs at Rs. 2.5 and Rs. 2.6 per unit respectively for both categories. Ministry of New and Renewable Energy (MNRE) has sought on the recommendations of advisers of National Solar Mission (NSM) an upper ceiling […] Read more
Facebook: Commits 75% Lower Emissions, Power 100% Renewable Energy by 2020 Updated On Tue, Aug 28th, 2018 by Saurenergy In a record-breaking year of corporate renewable energy purchases, Facebook is on track to be one of the largest corporate purchasers of renewable energy. Social media giant Facebook has committed to reduce its greenhouse gas emissions by 75 percent and powering its global operations with 100 percent renewable energy by the end of 2020. In a record-breaking year […] Read more