100% Electrification in 25 States: RK Singh Updated On Thu, Jan 3rd, 2019 by Saurenergy Now, only about 10.48 Lakh households are left to be electrified in 4 States, Assam, Rajasthan, Meghalaya and Chhattisgarh. By the end of 2018, India has achieved 100% electrification in households in 25 states, The Minister of State for Power and New & Renewable Energy RK Singh said. Now, only about 10.48 Lakh households are […] Read more
Sembcorp Signs Deal with Cache Logistics for 7.9 MW Rooftop Plant Updated On Wed, Jan 2nd, 2019 by Saurenergy When fully installed in mid-2019, the system is expected to produce over 9,400 megawatt hours of power annually. Sembcorp Industries and Cache Logistics Trust have announced the signing of a solar power agreement for the installation and operation of rooftop solar farms at three logistics warehouses in Singapore owned by Cache. Sembcorp will install, own […] Read more
PV System Commissioning – Perfection is The Key! Updated On Fri, Dec 28th, 2018 by Saurenergy Effective management of a solar PV plant could be divided into 3 distinctive steps i.e. Engineering Procurement & Construction (EPC), Commissioning and Operations & Management (O&M). EPC deals with the pre-construction and construction activities of the PV power plant. Commissioning is the process that starts along with the construction of plants and proceeds through PV […] Read more
NCLT Allows Demerger of Emami’s Power and Cement Business Updated On Thu, Dec 27th, 2018 by Saurenergy In the petition filed with NCLT, Emami pegged that the demerger will bring strength to each business with a focused and individual attention. National Company Law Tribunal’s Kolkata bench has recently approved the demerger of Emami’s solar power business, Emami Power, from its cement business, Emami Cement Limited. A petition was filed by the Indian […] Read more
BP Sells 430 MW of Wind portfolio in the US Updated On Wed, Dec 26th, 2018 by Saurenergy BP Wind Energy will use the proceeds from the deal to fund technology upgrades elsewhere within its substantial remaining US wind portfolio. BP has sold three wholly owned wind facilities totaling 430 MW to funds managed by affiliates of Ares Management Corporation, with Bank of America Merrill Lynch serving as financial advisor to BP in […] Read more
Viz-A-Viz with Dr. Avishek Kumar, Director, Sunkonnect Updated On Mon, Dec 24th, 2018 by Saurenergy Q. To begin with, please tell our readers more about Sunkonnect and its offerings and key specialities? Sunkonnect is a global renewable energy management consulting firm based in Singapore. We work with system owners, developers, EPC players and manufacturers in making significant and longlasting improvements to their systems, products and processes. Our team has over […] 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
Rays Power Infra Raises Rs 200 Cr from DMI Finance Updated On Fri, Dec 21st, 2018 by Saurenergy The capital will be predominantly used to strengthen the company’s presence in the country and to develop ground mounted solar power projects. Mumbai-based solar power developer Rays Power Infra announced that it has successfully raised Rs 200 crore in debt and equity financing in the first round from DMI Finance. The capital will be predominantly […] 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
