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
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
Canadian Solar, EDF Energies Nouvelles partners for 92.5 MWp solar PV project in Brazil Updated On Fri, Aug 11th, 2017 by Saurenergy Canadian Solar is supplying modules for the Project from its 380 MWp modules factory established in Brazil to support the local market. EDF EN do Brasil will manage both the construction and operations phases of the Project. Canadian Solar and EDF Energies Nouvelles has entered into a partnership for 92.5 MWp Pirapora III photovoltaic project […] Read more
Amplus Energy inks PPA deal with Honda Motorcycle and Scooter India for 30MW solar energy Updated On Fri, Aug 11th, 2017 by Saurenergy Honda Motorcycles will meet 85 per cent of plant’s energy needs through solar power supplied by Amplus Energy. Amplus Energy Solutions on Thursday announced that it has inked a Power Purchase Agreement (PPA) deal with Honda Motorcycle and Scooter India to provide 30MW solar energy. The solar power will be provided to Honda’s Narsapura Karnataka […] Read more