Fortum appoints Ingela Ulfves as VP, Investor Relations and Financial Communications Updated On Thu, Aug 17th, 2017 by Saurenergy Ingela Ulfves joins Fortum from Eltel, an infrastructure service company listed in Sweden, where she has been responsible for the areas of investor relations, external and internal communications, marketing and brand. Ingela Ulfves, M.Sc. (Econ.), has been appointed as Vice President, Investor Relations and Financial Communications at Fortum starting in December 2017 at the latest. […] Read more
States participating in UDAY take over targeted debt of Rs. 2.09 lakh crores of their DISCOMs Updated On Thu, Aug 17th, 2017 by Saurenergy The process of States taking over the targeted debts and issuing them as SDL Bonds has now been completed. As of now, the participating DISCOMs have to issue Bonds worth approximately Rs. 37,000 crores, which would be done in due course Ujwal DISCOM Assurance Yojana (UDAY) was launched in November, 2015 and has completed more […] Read more
Falling panel prices and increased competition have contributed to aggressive bids: Ind-Ra Updated On Thu, Aug 17th, 2017 by Saurenergy “An increase in panel conversion efficiency has contributed to a reduction in land required for panels and a fall in the balance of system cost, resulting in lower bids,” Ind-Ra said. With solar developers bidding aggressively at lower tariffs, they have little financial buffers to face challenges such as cost overrun, increased interest rate and […] Read more
Cabinet apprised of the MoU between India and Spain on cooperation in renewable energy Updated On Thu, Aug 17th, 2017 by Saurenergy India and Spain aims to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues on the basis of mutual benefit equality and reciprocity The Union Cabinet has been apprised of the Memorandum of Understanding (MoU) between India and Spain on cooperation in renewable […] Read more
Rural Electrification & Solar Updated On Wed, Aug 16th, 2017 by Saurenergy India is blessed with huge amount of natural resources. It observes around 300 sunny days a year on an average highlighting a huge potential of solar energy in India. Solar energy could play an important role in alleviating energy poverty. India receives solar radiation of 5 to 7 kWh/m2 for 300 to 330 days in […] Read more
ReneSola and Nautilus Solar Acquires 13.3MW Community Solar Portfolio in Minnesota Updated On Wed, Aug 16th, 2017 by Saurenergy Now that Nautilus has finalized the transaction with ReneSola, the projects will be owned by an affiliate of Virgo Investment Group, which is also a minority shareholder of Nautilus Solar Energy. ReneSola and Nautilus Solar Energy has jointly announced Nautilus’s acquisition of an approximately 13.3 MW community solar portfolio previously developed by ReneSola. The community […] Read more
Osaka Sangyo University Solar Car Equipped with Trina Solar’s IBC Cells Updated On Wed, Aug 16th, 2017 by Saurenergy The “OSU-Module-S” developed by OSU’s Solar Car Team was 100% powered by solar cells developed by the State Key Laboratory of PV Science and Technology of Trina Solar (the “SKL”) and it helped OSU to achieve good results. Trina Solar has announced that the Osaka Sangyo University (“OSU”) Solar Car, equipped with Trina Solar’s Interdigitated […] Read more
Empower Energies Announces Completion of 14.5MW Solar Project for CYRQ Energy in Utah Updated On Wed, Aug 16th, 2017 by Saurenergy Empower advised CYRQ on the development and design of the Patua solar project, including the selection of the solar equipment, which included approximately 45,360 photovoltaic (PV) solar panels, and the EPC for the construction and commissioning of the project Empower Energies has announced the completion of the Patua solar power project, a 14.5MW DC solar […] Read more
There is no ambiguity on 5% GST on solar equipment: Piyush Goyal Updated On Wed, Aug 16th, 2017 by Saurenergy Union Power Minister Piyush Goyal has reiterated that there is no ambiguity as the government is very clear on the issue. Amidst reports that there is still lack of clarity on the 5 per cent goods and services tax (GST) levy on solar equipment, Union Power Minister Piyush Goyal has reiterated that there is no […] Read more
