GST Increases Cost of Solar Projects by 12 Percent, Says AISIA Updated On Wed, Dec 13th, 2017 by Saurenergy Under the current GST regime, “solar power cost will see upward escalation”, the All India Solar Industries Association said. The Goods and Services Tax (GST) has led to 10-12 percent rise in overall cost of solar projects, the All India Solar Industries Association has said, while petitioning the government against the rise in tax incidence […] Read more
RK Singh Comes to Rescue Solar Projects From Uncertainty of Anti-dumping Duty Updated On Wed, Dec 6th, 2017 by Saurenergy Extending his support to the industry, the minister mentioned while the decision on anti-dumping duty on solar imports is still undeclared. The Minister of power, new and renewable energy RK Singh commented that the new bidders and the existing solar energy projects should be protected from the uncertainty of antidumping duties on import of low […] Read more
Mechanical Department of NIT-K Dedicates Rooftop for Solar Research Updated On Mon, Dec 4th, 2017 by Saurenergy The newly inaugurated building will be transformed into a research lab for solar energy, said Ajay Kumar from mechanical department The rooftop solar energy plant built at the mechanical department of NIT-K, Surathkal, will be dedicated to research and the generated electricity will be supplied to run the electronic gadgets of the building. The rooftop […] Read more
Rooftop Solar Presents a $23 Billion Opportunity in India: Report Updated On Thu, Nov 30th, 2017 by Saurenergy Rooftop solar in India will grow inevitably with or without the support of power distribution utilities According to a new report released by Bloomberg New Energy Finance (BNEF), India’s 40-GW target for rooftop solar PV by 2022 represents a $23 billion investment opportunity. The report titled, ‘Accelerating India’s Clean Energy Transition,’ which was released at […] Read more
Rituals For BHEL Haridwar’s 5MW Interactive Solar PV Plant Done Updated On Tue, Nov 28th, 2017 by Saurenergy The plant will help achieving the electricity requirement of HEEP unit of BHEL Haridwar of about 92 lakh electricity units per year. A 5MW grid interactive solar PV plant to be set up at BHEL Haridwar, had its land rituals (Bhoomi Pujan) performed by General manager (in-charge) HEEP (Heavy Electricals Equipment Plant) Sanjay Gulati and […] Read more
Sudden Imposition of Anti Dumping Duty Can Disrupt Ongoing Solar Projects, Renewable Ministry Cautions Updated On Mon, Nov 27th, 2017 by Saurenergy MNRE notification has cautioned Directorate General of Anti Dumping against imposing high solar duties Ministry of New and Renewable Energy (MNRE) has cautioned anti dumping authorities against imposing high duties on imported solar equipment on the grounds that this can increase tariffs, make several projects unviable and seriously hamper the growth of the sector. According […] Read more
Government to Auction up to 17 GW Solar by March 2018 Updated On Fri, Nov 24th, 2017 by Saurenergy The government is looking at 17 GW capacities by March 2018. So far, 3.6 GW solar capacities have been auctioned. With persistent success of reverse auction of renewables, the Ministry of New and Renewable Energy has announced auction of up to 17 GW solar capacities by March 2018. The government is looking at 17 GW […] Read more
LSIS and Macquarie Capital Signs MOU For Solar Power and Energy Storage System Updated On Fri, Nov 24th, 2017 by Saurenergy The recently signed MOU will enable LSIS’s expansion of new business strategies to strengthen and help raising financial funds. South Korean manufacturer for electric automation equipments and electric power, LS Industrial Systems Co. (LSIS) and Macquarie Capital in order to progress in the competitive scenario in the solar power and energy storage system (ESS) operation […] Read more
International Solar Alliance Energizing Future Updated On Wed, Nov 22nd, 2017 by Saurenergy India’s brainchild, the International Solar Alliance celebrated its inception this November, and looks ahead to become a legal entity on 6th December 2017. An Indian initiative to forge a global coalition to harness solar energy, International Solar Alliance was launched at the CoP21 Climate Conference by Prime Minister Narendra Modi and the then French President Francois […] Read more
