Renewables are becoming the least cost option in India, Denmark, Egypt, Mexico, Peru and UAE Updated On Thu, Jun 8th, 2017 by Saurenergy The cost of renewables is well below equivalent costs for fossil fuel and nuclear generating capacity in India, Denmark, Egypt, Mexico, Peru and UAE Renewables are becoming the least cost option in India, Denmark, Egypt, Mexico, Peru and the United Arab Emirates, a global multi-stakeholder renewable energy policy network said on Wednesday. It said record […] Read more
GST rate on solar panel indicates grid parity: Anurag Garg-VP, Schneider Updated On Mon, Jun 5th, 2017 by Saurenergy Five percent tax being levied comes as a big reprieve to the solar sector, as against the earlier classification of 18 percent said Anurag Garg, Vice President – Schneider Electric India. In lieu of the tax rate on solar panels being fixed at five percent under the forthcoming Goods and Services Tax (GST), industry players […] Read more
ADB and PNB sign $100 million loan to finance Solar Rooftop projects Updated On Fri, Jun 2nd, 2017 by Saurenergy PNB will use the ADB funds to make further loans to various developers and end users to install rooftop solar systems. The Asian Development Bank (ADB) and the Punjab National Bank (PNB) recently signed a $100 million loan to finance large solar rooftop systems on industrial and commercial buildings throughout India. The loan will be […] Read more
DONALD LEO, Jinko Solar | Managing Director of Asia South | Country Manager for India Updated On Tue, May 30th, 2017 by Saurenergy Q. How significant is the Indian market for JinkoSolar? Please give us an overview of the company’s India ope-rations and product offerings? 2017 is going to be a significant year for India’s Solar market with a strong pipeline of approximately 14 GW of utility scale projects underway. Out of this, 7.7 GW of capacity is expected […] Read more
NTPC-SAIL Tenders 50 MW Solar Power Project in Tamil Nadu Updated On Tue, May 30th, 2017 by Saurenergy The 50MW solar power project will be constructed in two splits, 20MW and 30MW, and will be implemented in a single engineering, procurement and construction (EPC) package. NTPC-SAIL Power Company Limited (NSPCL), a Joint Venture of NTPC Limited and Steel Authority of India Limited, is in the process of setting up a 50 MWp Photo […] Read more
CHANCES & CHALLENGES RELATED TO EPC Updated On Sat, May 27th, 2017 by Saurenergy As the world moves towards the sustainable development, India looks to optimize its energy mix with minimum carbon footprints. India is in the midst of a momentous leap in terms of the proposed use of solar power as part of its overall renewable energy mix. India with its 100GW of solar energy target by 2022 is […] Read more
Solar Power Juggernaut Will Keep Rolling Despite Higher Taxes Under GST Updated On Sat, May 27th, 2017 by Saurenergy According to a list of 1,211 items released after the meeting of the GST Council, which comprises finance ministers of all the states of the Union, “Photosensitive semiconductor devices; including solar photovoltaic cells, whether or not assembled in modules or made up into panels”, will be charged at a rate of 18 Goods and Services […] Read more
EXPO Solar 2017 – The Best Solar Business Platform that Represents Growing Solar Power in Asia Updated On Thu, May 25th, 2017 by Saurenergy Companies from 25 countries will participate in EXPO Solar 2017 to be held in South Korea, and the exhibition is expected to create new solar business for major solar countries. EXPO Solar 2017 (www.exposolar.org), the representative solar exhibition in Korea that creates new solar business for major solar countries such as Korea, China and Japan, […] Read more
Uttar Pradesh government to set up 750 MW solar power plant at Badhla, near Jodhpur: Report Updated On Mon, May 22nd, 2017 by Saurenergy The Uttar Pradesh government is targeting to generating solar power from the project from October 2018. Uttar Pradesh government is reportedly gearing up to set up 750 megawatt solar plant at Badhla, near Jodhpur. According to ET UP government will draw the power in the state from the transmission network of Power Grid Corporation of […] Read more