Yingli Green Energy Receives Notice from NYSE of Falling Below Continued Listing Standards Updated On Thu, Feb 16th, 2017 by Saurenergy Yingli Green is considered below criteria established by the NYSE because the Company’s average market capitalization has been less than US$50 million over a consecutive 30 trading-day period and its last reported shareholders’ equity was less than US$50 million. Yingli Green has announced that it has received notice from NYSE Regulation of being below the […] Read more
JinkoSolar has overtaken Trina Solar in terms of solar PV module shipments in 2016: GlobalData Updated On Thu, Feb 16th, 2017 by Saurenergy JinkoSolar has witnessed impressive results over 2016, with the company’s PV modules securing China Quality Certification Center’s Top Runner Program level-one energy efficiency certification that showcases its technological strength Research and consulting firm GlobalData has announced that JinkoSolar has surpassed Trina Solar in terms of solar PV module shipments in 2016. The company had shipments […] Read more
Vikram Solar bags ‘Fastest Growing Company’ and ‘Highest Job Creator’ awards Updated On Thu, Feb 16th, 2017 by Saurenergy Vikram Solar nailed it once again this year by winning the coveted trophy for the Fastest Growing Company. Further, the expansive employment opportunities generated by the company owing to its growing business presence, was awarded with the Highest Job Creator Vikram Solar bagged ‘Fastest Growing Company’ award for the second time in a row, along […] Read more
ADE Developing A Solar-Powered Unmanned Aerial Vehicle (UAV): Report Updated On Thu, Feb 16th, 2017 by Saurenergy The ADE developed solar powered Unmanned Aerial Vehicle (UAV) is expected to be a real boon to the Indian defence. Scientists at the Aeronautical Development Establishment (ADE) are reportedly developing a solar-powered Unmanned Aerial Vehicle (UAV). According to Deccan Chronicle the solar powered UAV can fly on all-weather conditions for at least a month. Scientist […] Read more
Gujarat HC Seeks Reply to PIL Alleging Corruption in Solar Power Project Updated On Thu, Feb 16th, 2017 by Saurenergy Chief Justice R Subhash Reddy and Justice V M Pancholi have directed Gujarat Power Corporation to file a reply to a PIL alleging corruption of solar power project. The Gujarat High Court has directed Gujarat Power Corporation to file within two weeks a reply to a PIL alleging corruption in construction of country’s largest solar […] Read more
SEBI To Finalise Norms For Green Bonds Post MNRE Comments Updated On Thu, Feb 16th, 2017 by Saurenergy Issuance and listing of green bonds will be governed by the SEBI regulations for debt securities but the issuer of green bonds will have to make incremental disclosures SEBI is reportedly gearing up to finalize its guidelines for listing of Green Bonds soon, which would facilitate raising of funds for investment in renewable energy space, […] Read more
Electricity Utility MSEDCL Blocks Metro Rail’s Solar Power Plan Updated On Thu, Feb 16th, 2017 by Saurenergy Discom MSEDCL refuses to relax the norms for solar power to meet the 65 percent of Nagpur Metro Rail’s energy needs. Mahametro’s plan to meet 65% of Nagpur Metro Rail’s energy needs through solar power has received a jolt as state-run Discom MSEDCL has refused to relax its norms for the project. Maharashtra Electricity Regulatory […] Read more
Amplus Energy to Set Up 1 MW Solar Power Rooftop at Snapdeal’s Warehouses Updated On Wed, Feb 15th, 2017 by Saurenergy E-commerce platform Snapdeal’s warehouses in different location will get 1 MW solar power rooftop systems. E-commerce platform Snapdeal is all set to embrace renewable energy with the company setting up solar power rooftop projects of total 1 MW at its warehouses across various locations. The project is being implemented by Amplus Energy Solutions, which will […] Read more
GST to increase solar tariffs, boost domestic manufacturing and jobs: CEEW Updated On Wed, Feb 15th, 2017 by Saurenergy Key contributors to the increase in solar tariffs, as a result of GST, would include increase in operations and maintenance cost, panel costs, and financing costs. According to a study released by the Council on Energy, Environment and Water (CEEW),India’s emerging solar sector could see tariffs rise by nearly 10% if current tax exemptions were […] Read more