Government to Impose 5 Percent Tax Under GST on Cables and Batteries for Solar Power Updated On Mon, Jul 31st, 2017 by Saurenergy Due to the inverted duty structure, developers will first pay the higher tax and then claim a tax refund against the five per cent slab while filing the returns. The credit reversal will be possible only if the renewable energy project developer submits invoices to the government regarding procurement and tax paid. The government is […] Read more
IDFC Alternatives to Acquire First Solar’s India portfolio for Rs 1950 Crore Updated On Mon, Jul 31st, 2017 by Saurenergy IDFC infrastructure will acquire entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India for around $300 million. The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects […] Read more
CleanMax Solar Eyes 40 Percent Revenue from Overseas Business in Three Years Updated On Mon, Jul 31st, 2017 by Saurenergy While CleanMax Solar continue to grow in India in the rooftop and open access solar power segment, we are pursuing growth in international markets mainly the Middle East and South-East Asia. We are currently looking at the UAE market and soon we will spread our presence in the other countries. Looking to tap the growing […] Read more
Andhra Pradesh and Rajasthan Leaves Tamil Nadu Behind in Installed Solar Capacity Updated On Sat, Jul 29th, 2017 by Saurenergy Statistics show only 630 MW of solar power was installed in Tamil Nadu in 2016-17 against 919.24 MW in 2015-16. Unlike Andhra Pradesh, which acquires land for solar parks, Tamil Nadu leaves developers the land acquisition responsibility, which takes time. Ministry of new and renewable energy data, released in the Lok Sabha, shows that at […] Read more
Consul Neowatt’s Sunbird Solar Inverter Selected for India’s largest Battery Based Solar Project in UP Updated On Fri, Jul 28th, 2017 by Saurenergy UP Sabzi Mandi project will cover 16 locations in the state and locations will be fitted with multiple units of 150kw to 400kW Sunbird solar PCUs to be self-sufficient for uninterrupted power supply. Consul Neowatt, the global Indian UPS company today shared that it has received the approvals for execution of one of the largest […] Read more
Azure Power Assigned Highest Accreditation Rating by ICRA Updated On Fri, Jul 28th, 2017 by Saurenergy While assigning the rating ICRA considered Azure Power’s strong track record of project execution, its well qualified and experienced management, technical competence, quality of suppliers and ties-up, and strong financial profile. Azure Power, a leading independent solar power producer in India, has been assigned SP 1A rating by ICRA, one of India’s leading rating agencies. […] Read more
India Aspiring For Global Leadership in Climate Action: Anand Mahindra Updated On Fri, Jul 28th, 2017 by Saurenergy Heavy investment in solar and wind has helped drive down costs of electricity to a point where, in many places, renewable sources can generate electricity more cheaply than conventional sources such as coal. India is aspiring for a global leadership in climate action and has set an “ambitious” goal of receiving 40 per cent of […] Read more
Locus Energy Expands Virtual Irradiance Coverage Across Asia Updated On Fri, Jul 28th, 2017 by Saurenergy The irradiance data from Locus Energy’s Virtual Irradiance system does not require on-site irradiance sensors, yet provides a similar level of accuracy in assessing the amount of sunlight energy that a site has received. Locus Energy has recently expanded its Virtual Irradiance coverage across much of Asia, providing fleet operators, asset managers, and performance engineers […] Read more
Premier Solar’s 200 MW Solar Facility to be Inaugurated in Telangana Updated On Thu, Jul 27th, 2017 by Saurenergy Premier Solar is expanding its manufacturing capacity by adding a state-of-the-art fully automatic 200 MW solar module manufacturing facility, and Telangana IT and Industries Minister KT Rama Rao is expected to inaugurate the facility. Premier Solar, an end-to-end solar solution provider has said that Telangana IT and Industries Minister KT Rama Rao is expected to […] Read more
