India Won’t Impose Safeguard Duty on Imported Solar Equipment Updated On Thu, May 31st, 2018 by Saurenergy The decision had different effects on solar players in the country. On the one hand it had delighted manufacturers while as on the other hand it alarmed developers about the steep rise in input costs. Overruling the directorate general of safeguards’ recommendation of 70% levy on imported solar equipment, the government has reversed the decision […] Read more
Viz-A-Viz with Saurabh Srivastava, President – Marketing & Product Strategy, Eastman Auto and Power Limited Updated On Wed, May 30th, 2018 by Saurenergy Q. What are the initiatives Eastman Auto & Power has taken in contributing towards India’s clean and green energy initiative? We, at Eastman Auto and Power Limited, are committed to encouraging clean and green energy adoption. In this regard, we have developed batteries for e-rickshaws which play an instrumental role in reducing carbon footprint. We […] 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
Risen Energy Gets Financing from EBRD for 63MW Solar Project in Kazakhstan Updated On Sat, May 26th, 2018 by Saurenergy The construction of the greenfield 63 MW solar project will kick off in the month of September and is expected to be completed in June next year. Chinese solar panel maker Risen Energy has signed a mandate letter with the European Bank for Reconstruction and Development (EBRD) for financing the construction of a 63 MW solar […] Read more
Consumers, Integrators Seek Single-window for Solar Power Projects in Goa Updated On Sat, May 26th, 2018 by Saurenergy The integrators were attending the Goa Conference’s second edition on Solar Energy in Panaji, the capital of Goa. They vigorously questioned the role of the electricity department and the GEDA. To deal with all grid-connected solar power projects, Integrators and consumers of solar power systems have appealed for a single window system for smooth installations. […] Read more
MNRE Modifies Guidelines for Selection of Solar Park Developers Updated On Fri, May 25th, 2018 by Saurenergy The new amendments by the MNRE have also dropped the requirements under which the state government was obliged to buy 20% of the power from the distribution companies (DISCOMs). Thus it would no longer be required to get a commitment from the state government to buy at least 20% of the total power produced in […] Read more
Viz-A-Viz with Sujoy Ghosh, Country Head, First Solar, India Updated On Fri, May 25th, 2018 by Saurenergy Q. Higher Energy Yield. Lower LCOE. Superior Return – This is your mantra for Series 6 Modules. Can you please justify the above statement in detail? The First Solar Series 6 module leverages the same proven semi-conductor (CdTe) and the manufacturing process, with a larger form factor. The module size is 1.2X 2 Mtrs with […] Read more
Investors Fear Depreciation in Rupee May Affect Solar Tariffs: Study Updated On Thu, May 17th, 2018 by Saurenergy “If the rupee depreciates to Rs 67 from Rs 65 between the time of tariff bidding and finalisation of terms of payment for module supply (which can easily extend to 6-8 months), the solar power developer will suffer an overall four paisa per unit reduction in margin, which is significant considering the modest margins for […] Read more
MSEDCL to Buy Cheapest Solar Power in the Country Updated On Thu, May 17th, 2018 by Saurenergy MSEDCL issued tenders to buy 1,020 solar power from private producers. The two companies that agreed to supply power are JLTM Energy and Mahoba Solar. Both agreed to supply 20 MW and 200 MW at the rate of Rs 2.71 per unit. Maharashtra State Electricity Distribution Company Limited (MSEDCL) has entered into an agreement with two […] Read more
