SLDC to Pay for Irregular Curtailment of Wind, Solar Power Updated On Thu, Aug 1st, 2019 by Saurenergy If any SLDC curtails wind or solar power for any reason other than grid safety or security or as prescribed in respective grid code/ regulation, they shall be liable for making good the loss incurred by the wind or solar power generators towards deemed generation. The Ministry of New & Renewable Energy (MNRE) has issued an […] Read more
MNRE Clarifies on Payment Security Mechanism Directive for Gencos Updated On Thu, Aug 1st, 2019 by Saurenergy The energy generated during the non-dispatch period shall be calculated on the basis of Capacity Utilization Factor as declared by the generators in Power Purchase Agreements. The Ministry of New & Renewable Energy (MNRE) has issued a clarification on the power ministry’s latest directive, which is applicable from today, for power distribution companies (dZiscoms) to […] Read more
Azure Power Gets LoA for 300 MW Project in SECI Auction Updated On Wed, Jul 31st, 2019 by Saurenergy The company is also expected to sign a 25-year agreement with SECI to supply power at a tariff of Rs 2.54 (U.S. 3.7 cents) per kWh. Azure Power, one of the country’s largest solar power developers and operators, has won 300 MW of an Inter State Transmission System (ISTS) solar power project in a Solar […] Read more
Bifacial Tech with Transparent Backsheet Trims Weight, Labor Cost of Module Updated On Tue, Jul 30th, 2019 by Saurenergy When compared with bifacial dual glass, Swan bifacial with transparent backsheet has proven to reduce approximately 3 percent BOS costs. Bifacial technology was one of the most talked of technology trends in the photovoltaic (PV) industry since 2018. With cell makers able to manufacture bifacial products at only a marginally higher cost than mono facial, […] Read more
JinkoSolar Hits New Milestones in July Updated On Tue, Jul 30th, 2019 by Saurenergy In a significant development, the Chinese module maker supplied its highest efficiency mono panels for the world’s largest solar project of 1,177 MWp in Abu Dhabi. Adding another feather in its cap, JinkoSolar Holding has touched new milestones in the month of July, winning the Frost & Sullivan award for 2019 and supplying its highest […] Read more
Big Move! GST Council Trims Tax on EVs, Chargers to 5% Updated On Sat, Jul 27th, 2019 by Saurenergy According to the Finance Ministry statement, these changes will be effective from August 01, 2019. The GST Council chaired by Finance Minister Nirmala Sitharaman has decided to slash GST rates on all electric vehicles (EVs) to 5 percent from the existing 12 percent and has cut the current 18 percent GST on electric vehicle chargers or […] Read more
Waaree, Metafin Partner to Offer Lending Solutions Updated On Fri, Jul 26th, 2019 by Saurenergy The company said the loan will cover up to 70 percent of the total project cost and repayable through easy EMIs. To make solar energy more accessible, leading PV module maker and EPC services provider Waaree Energies has partnered with Metafin Cleantech, an NBFC specialising in renewable energy and clean tech, to provide easy lending. […] Read more
Magenta Power Launches EV Charging Stations Updated On Thu, Jul 25th, 2019 by Saurenergy This series of charging stations are best suited for community charging such as offices, malls and residential societies. In a bid to support government’s National eMobility program, solar power systems provider Magenta Power has launched its electric vehicle (EV) charging stations called ‘ChargeGrid’ series. The company said in a statement that this new series is […] Read more
EESL, NOIDA Join Hands to Install 100 Charging Stations Updated On Thu, Jul 25th, 2019 by Saurenergy The initiative is likely to save more than 4.04 tonnes of CO2 emissions per e-car per year. The government-backed Energy Efficiency Services Ltd (EESL) has entered into an agreement with the New Okhla Industrial Development Authority to fast-track the adoption of e-mobility by promoting robust EV infrastructure and installing around 100 public charging stations. The […] Read more
