Budget 2017-18 proposes Reduction in Customs and Excise for Renewable Energy Sector Updated On Wed, Feb 1st, 2017 by Saurenergy In a bid to incentivize domestic value addition under Make in India initiative of the Government, the Finance Minister has proposed to reduce Customs and Excise duties on several items related to the Renewable Energy Sector The Union Minister for Finance and Corporate Affairs, Arun Jaitley while presenting the General Budget 2017-18 in Parliament today […] Read more
BHEL Aims to Enhance Solar PV Business Updated On Wed, Feb 1st, 2017 by Saurenergy BHEL has invested Rs. 300 crore to enhance the solar PV cell making capability to 225 MW. State-run engineering major Bharat Heavy Electricals Limited (BHEL) is internally aiming to cut down its dependence on thermal power business from 80 per cent to 50 per cent in the next 10 years, and include solar PV cell […] Read more
Powin Energy Powers Up 2 MW/8 MWh Energy Storage System for Critical Grid Support in California Updated On Wed, Feb 1st, 2017 by Saurenergy Powin Energy starts operation of its 2 MW/8 MWh Energy Storage System in California Powin Energy, a leading manufacturer and developer of scalable energy storage systems for commercial and utility customers has announced that its 2 MW/8 MWh Millikan Ave. Battery Energy Storage System (BESS) in Irvine, California, is officially online. The Millikan Ave. BESS […] Read more
Hero Future Energies Adopts SAP S/4HANA to Power Digital Transformation Updated On Tue, Jan 31st, 2017 by Saurenergy By adopting SAP S/4HANA, Hero Future Energies will have a proven foundation to take the lead in this age and transform into a ‘Live Business’ Hero Future Energies has adopted SAP S/4HANA to bring about digital transformation through end-to-end business process integration and provide operational, financial efficiencies across 25 project sites in India. SAP S/4HANA […] Read more
Floating Solar Panels Market Size to Reach USD 2.70 Billion by 2025 Grand View Research Updated On Tue, Jan 31st, 2017 by Saurenergy Grand View Research expects the floating solar panel technology to foresee abundant growth over the forecast period on account of rapid demand primarily in Asia Pacific. Rising installations in China and Japan coupled with upcoming commercial projects in India is likely to fuel growth over the projected period. According to a new report by Grand […] Read more
Training of “Solar Mamas” have been successful in enhancing India- Nauru relationship: President Pranab Mukherjee Updated On Tue, Jan 31st, 2017 by Saurenergy Our collaboration in creating a Centre for Excellence in Information Technology in Nauru and our initiative in solar electrification of two hundred homes in Nauru through the training of “Solar Mamas” have been successful President Pranab Mukherjee extending his greetings and felicitations to the Government and people of the Republic of Nauru on the eve […] Read more
Solar players expect tax incentives in budget, uncertainty over GST remains Updated On Tue, Jan 31st, 2017 by Saurenergy According to Solar players’ continuation of appreciated depreciation, a financial incentive, along with concessional interest rates and use of Rs 54,000 crore National Clean Energy Fund could be crucial to achieve country’s ambitious target. Amid uncertainties over the impact of Goods and Services Tax (GST) and Make in India programme being affected by falling prices […] Read more
WPPI Energy, NextEra Energy Resources to build 100MW solar energy center in Wisconsin Updated On Tue, Jan 31st, 2017 by Saurenergy WPPI Energy has entered into a 20-year PPA to buy the electricity from the 100MW solar energy center to serve its 51 member utilities and their customers across Wisconsin, Upper Michigan and Iowa. WPPI Energy and NextEra Energy Resources has announced plans to build a 100MW solar energy center – Wisconsin’s largest – with a […] Read more
ReneSola announces ratio change for the Company’s American Depositary Receipt (“ADR”) program Updated On Mon, Jan 30th, 2017 by Saurenergy For ReneSola’s ADS holders, this Ratio Change will have the same effect as a one-for-five reverse split. ReneSola has announced a ratio change for the Company’s American Depositary Receipt (“ADR”) program. As a result, the number of the Company’s shares represented by each American Depositary Share (“ADS”) will be changed from two (2) shares to […] Read more
