Budget 2019: Solar Sector Gets Only 1.1% Increase in Allocation Updated On Mon, Jul 8th, 2019 by Saurenergy After the revised estimation of last year’s budget allocation is taken into account, this year’s budget has seen a rise of just over a percent for the solar sector The union budget for 2019-20 has provided for a budgetary allocation of Rs 3,004 crore for the solar power sector, including both grid-interactive and off-grid projects, […] Read more
Divergent Rulings Put Solar Companies in Dilemma Updated On Mon, May 28th, 2018 by Saurenergy To seek clarity on the matter the industry has knocked the doors of government. On the one hand, Maharashtra AAR in his two rulings have favored a GST rate of 18% which threats installations as a whole works contract. The solar industry has been thrown into confusion after divergent decisions form two separate Authority for […] Read more
Navisun LLC Acquires OSG Solar I LLC in Orange, Massachusetts Updated On Tue, Mar 20th, 2018 by Saurenergy Navisun received financing from Ares Capital Corporation which will be used to develop, construct, acquire, own, and operate solar projects in the United States. Navisun, a solar independent power producer has announced its acquisition of OSG Solar I LLC, a 2.746-megawatt (DC) solar project located in Orange, Massachusetts that commenced operations in mid-2012. “We are […] Read more
After a Lull 2017, India’s Solar Power Sector is Rising Again Updated On Fri, Feb 9th, 2018 by Saurenergy With rising solar panel costs and other issues, the sector had witnessed a sharp decline in late months of 2017. The Indian solar power sector started on a good note in 2018. The good thing is that solar industry now has over 4,000 megawatts (MW) of projects that it is going to bid for and […] Read more
Fronius India Aims to Double Turnover in Two Years Updated On Tue, Dec 19th, 2017 by Saurenergy Fronius India plans to expand their solar inverter business by entering east and central India, where they see tremendous opportunities for growth. Fronius India, one of India’s leading supplier of solar PV string inverters, is aiming to double its turnover by fiscal 2019. Commenting on aiming to achieve a considerable increase in market share, […] Read more
