SPDA Demands Uniform GST Rate of 5% Updated On Mon, Dec 31st, 2018 by Saurenergy The total incidence of tax on the SPGS would increase to 8.9 per cent with implementation of the GST Council recommendations. The recently issued sigh of relief from the GST council which recommended 5% GST for almost 70% of solar products has come under ire just a week after GST council issuing its recommendations. The […] Read more
35% Drop in Tariff After Commissioning Delay Updated On Fri, Dec 28th, 2018 by Saurenergy Waaneep had entered into a power purchase agreement with APSPDCL at a tariff of Rs 5.76/kWh for a 25 MW solar power project. The Andhra Pradesh Electricity Regulatory Commission has given its nod to an amendment in the existing Power Purchase Agreement which was drafted by Southern Power Distribution Company of Andhra Pradesh Ltd (APSPDCL). […] Read more
3,217 Million US$ received as FDI in Renewable Energy Sector Updated On Thu, Dec 27th, 2018 by Saurenergy Renewable Energy Capacity reaches about 74GW as on 30/11/2018 The FDI data cell of the Department of Industrial Policy and Promotion (DIPP) compiles and maintains the data of Foreign Direct Investment (FDI) Equity inflow received in the country. The FDI equity inflow from April, 2015 to June, 2018 in the Non-Conventional Energy Sector is as […] Read more
GST on Renewable Products Slashed to 5% Updated On Mon, Dec 24th, 2018 by Saurenergy Prior to this clarification, solar power developers were paying tax at the rate of 18% which had become a sticking point in the industry. Solar Industry is in a state of relief after the GST council clarified that the devices and parts related to renewable energy will be taxed a 5% while the services related […] Read more
Renewable Purchase Obligations Should be Strictly Enforced: NITI Aayog Updated On Thu, Dec 20th, 2018 by Saurenergy Launched by Finance Minister Arun Jaitley, the document outlines a slew of measures to reform the energy sector of the country. NITI Aayog recently published its latest strategy document ‘Strategy for New India @75’ in which it has recommended that renewable purchase obligations should be strictly enforced. Launched by Finance Minister Arun Jaitley, the document […] Read more
Community Energy Signs 70 MW PPA in Adams County Updated On Wed, Dec 19th, 2018 by Saurenergy The solar farm, named Adams Solar LLC, will produce enough electricity to operate 22 percent of Philadelphia government buildings by 2020. Leading clean energy developer ‘Community Energy’ announced the approval of a 70 MW solar power purchase agreement in Adams County, Pennsylvania to power government facilities in Philadelphia. The solar farm, named Adams Solar LLC, […] Read more
Rajkot Division of Western Railway Awarded for Saving Energy Updated On Mon, Dec 17th, 2018 by Saurenergy The award which is given out by the Bureau of Energy Efficiency and the central government’s Ministry of power, recognizes public and private entities for optimum saving of electricity. Achieving milestones in energy efficiency, the Rajkot Division of Western Railway has received five awards for saving huge amounts on their electricity bills because of using […] Read more
Interview with Sunil Joshi, Head – Business Development, Sileaf Technologies Pvt. Ltd. Updated On Sat, Dec 15th, 2018 by Saurenergy Sileaf Technologies – a manufacturer of components required for solar power plants. It offers a range of amazing products relevant to the solar industry and the Indian farmer. The company is built on innovation through Research & Development and makes tough, rugged and reliable products suitable for the Indian environment. In an exclusive interview […] Read more
Pakistan Gets 154 MW of Renewable Energy Projects Updated On Sat, Dec 15th, 2018 by Saurenergy Sino Well Private Limited has plans to set up a 50 MW wind farm in Sindh investing $85,4 million in the project. Taking Pakistan on a solar trajectory, four new companies have planned to cumulatively set up 154 MW of renewable energy projects in Sindh and Khyber Pakhtunkhwa with an investment of $200 million. Sino […] Read more
