Budget 2019 Live: Big Boost for finance, solar manufacturing and EV’s in Budget Updated On Fri, Jul 5th, 2019 by Saurenergy As Finance Minister N Sitharaman presents her first budget 2019 in parliament today, track the news live for anything relevant to solar, renewables and electric mobility. Sumant Sinha, CMD, Renew Power, has already drawn up a wishlist. As India awaits the #UnionBudget2019 tomorrow, our CMD @sumant_sinha shares 7 areas where the #budget can make a […] Read more
Solar Thermal Industry Seeks Replacement of 18% GST with 5% Updated On Fri, Jul 5th, 2019 by Saurenergy Before the introduction of Goods and Services Tax (GST) by the Government of India from 1st of July 2017, many taxes like VAT, Octroi, Service tax have been subsumed into a single tax of GST. The GST has merged under the heading Renewable energy devices & parts for their manufacture all of the earlier solar […] Read more
Solar Industry Seeks Manufacturing Incentives in New Budget Updated On Mon, Jul 1st, 2019 by Saurenergy AISIA in its pre-budget recommendations has called for the inclusion of incentives such as subsidies for power, capital, etc in the new budget. The All India Solar Industries Association (AISIA) in its pre-budget recommendations has called for the ministry of finance to include incentives such as subsidies for power, capital, financial support in interest and […] Read more
Jobs in Solar – The Untold Story Updated On Tue, Jun 25th, 2019 by Saurenergy In 2015, when the government hiked the solar energy target from 20GW to 100 GW (in a new 175 GW renewables target) by 2022, it was considered wildly ambitious. Also, it was enough to spark strong interest in the sector finally, and with it, big bets. As it turned out, the sector did not […] Read more
FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects Updated On Fri, Jun 21st, 2019 by Saurenergy Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […] Read more
Duke Energy’s 150 MW Solar Plant in California Begins Operation Updated On Thu, Jun 20th, 2019 by Saurenergy Duke Energy Renewables has announced that its 150 MW North Rosamond solar project in Kern County, California, has begun commercial operation. Duke Energy Renewables (DER), a subsidiary of Duke Energy, has announced that its 150-megawatt (MW) North Rosamond solar project in Kern County, California, has begun commercial operation. It is the largest solar project in the company’s fleet. “North Rosamond is a […] Read more
BHEL Wins EPC Orders Worth 800 Cr For Setting Up 2 Solar Plants Updated On Mon, Jun 17th, 2019 by Saurenergy BHEL has won EPC contracts worth Rs 800 crore for setting up two solar PV power plants. Bharat Heavy Electricals Limited (BHEL), the country’s largest power equipment manufacturer, recently announced that it has won Engineering, Procurement and Construction (EPC) contracts worth Rs 800 crore for setting up two solar PV power plants. The two orders […] Read more
BHEL Wins Rs 530 crore Orders to Set up Solar Projects Updated On Mon, Jun 10th, 2019 by Saurenergy Bharat Heavy Electricals Limited (BHEL), the country’s largest power equipment manufacturer, today announced it has won three orders worth Rs 530 crore for setting up Solar Photovoltaic power plants on Engineering, Procurement and Construction (EPC) basis in Maharashtra and Gujarat. The orders are for a total of 135 Megawatt (MW) capacity have been placed by […] Read more
LONGi Solar Unveils New Module Encapsulation Technology Updated On Mon, Jun 3rd, 2019 by Saurenergy The Seamless Soldering technology, when combined with innovative module design, has the potential to push the company’s high-efficiency PERC module power record to 500Wp. Chinese solar PV major, LONGi Solar has announced that the company has developed the technology of “Seamless Soldering”, which completely eliminates the gap between cells and increases the efficiency of PV modules. […] Read more
