IESA Welcomes GST Rate Cut on Li-Ion Batteries Updated On Thu, Jul 26th, 2018 by Saurenergy The GST Council’s move came after the recognition of the need to enhance the energy storage industry and its related segments. India Energy Storage Alliance (IESA) has welcomed the GST council’s reduction of goods and services tax (GST) for Lithium-Ion Batteries from 28 percent to 18 percent. The GST Council’s move came after the recognition […] Read more
NTPC Wins Excellence in Power Generation at D&B Corporate Awards Updated On Thu, Jul 26th, 2018 by Saurenergy The annual awards event aims at commemorating outstanding performers among Indian Corporates which seldom influence several resources in the public sector units like NTPC. India’s one of the leading power utility NTPC was honored at the Dun & Bradstreet (D&B) Corporate Awards 2018 for Excellence in Power Generation at a function held in New Delhi. […] Read more
LONGi Solar Inks $600 Mn Pact with American Firm Updated On Wed, Jul 25th, 2018 by Saurenergy This is another solid step LONGi Solar has taken as a global leading monocrystalline module maker in its overseas deployment. LONGi Solar said that it has signed a USD 600 million contract with an American company to sell high-efficiency monocrystalline modules in the United States. This is another solid step LONGi Solar has taken as […] Read more
Goldi Green Offers Free Insurance to Residential Rooftop Solar Plant Customers Updated On Wed, Jul 25th, 2018 by Saurenergy The company is providing free insurance to its residential rooftop solar plant customers as it believes that a solar power plant is an important long-term investment for a customer and insuring it against unforeseen calamities & accidents is equally important as well. One of the leading solar PV module maker, Goldi Green said that it […] Read more
Orissa HC Issues Stay Order on Safeguard Duty on Solar Imports until August 20 Updated On Wed, Jul 25th, 2018 by Saurenergy The move came after the Directorate General of Trade Restrictions (DGTR) had recommended, last week, that safeguard duty on solar imports from China and Malaysia should be imposed for 2 years in a phased manner i.e. 25 percent for the first year, 20 percent for the first six months of the second year, and 15 […] Read more
New Energy Solar to Buy 87 MW Beryl Project from First Solar Updated On Wed, Jul 25th, 2018 by Saurenergy Currently, the 87 MW Beryl Solar Project is under construction and is expected to start commercial operation in mid-2019. Sydney based New Energy Solar has inked a binding pact to acquire Beryl solar project from First Solar in Australia. The company said in a statement that, “It has entered into binding agreements to acquire the […] Read more
NDB Clears $300 Mn to Fund South African Energy Sector Updated On Tue, Jul 24th, 2018 by Saurenergy The recipient authority would be the Development Bank of South Africa who would further distribute funds according to the government allocations. New Development Bank (NDB), a multilateral development bank established by BRICS states, has approved the USD 300 million loan to fund energy sector projects in South Africa. The recipient authority would be the Development […] Read more
SEBI Permits ‘ReNew Power’ to Float IPO Updated On Tue, Jul 24th, 2018 by Saurenergy The ReNew Power IPO comprises of new shares worth Rs 2,600 crore. The move also comes with an additional offer for sale of over 94 million equity shares by existing shareholders. In a substantial addition to solar industry, market watchdog SEBI sanctions Goldman Sachs’ ReNew Power to float its Initial Public Offering (IPO). The ReNew […] Read more
Delhi Govt Aims to Generate over 2 GW of Solar Power by 2025 Updated On Tue, Jul 24th, 2018 by Saurenergy Further, the Energy Efficiency and Renewable Energy Management Centre (EE&REM), Delhi’s Department of Power has organised a consultation workshop ‘Rooftop Solar Demand Aggregation Program for Domestic Consumers’, with an aim to achieve this 2 GW of solar power goal and understand the opportunities and challenges in aggregating the consumer demand. In a bid to generate over 2 […] Read more
