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
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
Solar Power Expected to Exceed Thermal Output by 2027 Updated On Sat, Aug 12th, 2017 by Saurenergy Economic Survey suggests that India’s installed power capacity is 327 GW of which thermal power from coal comprises 192.16 GW or 55% of the total, while renewable energy capacity is 57.26 MW or 18% of the total. India’s renewable energy programme is proceeding at such a rapid pace that its contribution to total power generation […] Read more
Japan Keen to Increase Cooperation in Energy Sector Updated On Sat, Aug 12th, 2017 by Saurenergy Japanese Ambassador Kenji Hiramatsu is looking forward to enhance the cooperation in areas like environmental equipment for coal thermal power plants, grid stabilization, pump-up storage hydro power, smart telecommunication towers, solar irrigation pumps and bio fuels Japan has said its technologies can provide solutions for challenges being faced by India in the energy sector which […] Read more
