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Home » News » US solar firm seeks Indian joint venture partners

US solar firm seeks Indian joint venture partners

Jessica BrownBy Jessica Brown Business
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San José, manufacturer of modules of solar cells and modules based in the United States. Omnipele has incorporated a company in India, Aurallesun Stellar Energy Pvt Ltd; The company is looking for partners of Indian joint companies.

“Invite JV partners for the new Indian company or Allesun, USA, for the manufacture of solar panels and cells,” says a WhatsApp Post or Aurallesun Stellar Energy, which has been sent to Businessline.

You learn that Allesun is open to give a majority participation in the Indian company.

Aurallesun intends to establish an 800 MW cell and a manufacturing capacity of 500 MW modules in India.

The regulator cannot amend the connectivity rules, says Sembcorp

SEMBCORP, one of the largest renewable energy companies in India, has opposed an amendment to the general rules of access to the network of the Central Electricity Regulatory Commission, saying that the regulator has no right to incorporate an amendment.

The fourth amendment of CER has proposed to better use transmission networks. Today, if connectivity is assigned to a renewable energy generation station, the right to use it with the company for a full day, regardless of whether the company transmits energy or not. Typically, the lines transport electricity only the duration of solar hours. The Profoe amendment wants to restrict the right to use the transmission lines to the “solar hours”.

SEMBCORP feels that this is a “retrospective amendment” beyond the scope of the regulator. “The Electricity Law does not allow the near notifying or amends retrospective regulations,” says the company in its reaction to the proposed amendments.

The proposed amendments seek to convert the principal, as well as the final connectivity granted to solar energy companies, to “connectivity with restricted access,” he says.

As such, “the proposed amendments would have a retrospective operation and would harm” the rights of the Solar Energy Company by “eliminating the rights acquired from the holder of connectivity.”

SEMBCORP also points out that “connectivity is an asset granted to the connectivity dealership when complying with the requirements lied in the GNA regulations and the Conn-BGS deposit.” However, the proposed amendment leads to divide the connectivity of the solar energy company, which was granted throughout the day, only to solar hours.

“Therefore, the proposed amendment seeks to eliminate the right of the connectivity concessionaire to the property and other rights acquired in connectivity,” says Sembcorp, while warning that the amendment “seeks to create a mandatory exchange of resources.”

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Posted on April 13, 2025

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