Uttarakhand HC Rules Against Solar Power Panels on Fields Updated On Thu, Jun 14th, 2018 by Saurenergy Under the Grid Interacted Rooftop and Small SPV (solar photovoltaic) Power Plant scheme, the Uttarakhand government is promoting the use of small-scale rooftop solar power plants in the state. The National Solar Mission of the Ministry of New and Renewable Energy provides a subsidy of 30% to the applicants. In an order, the Uttarakhand high […] Read more
Greenko in Advance Stages of Buying Essel Infra’s Solar Biz Updated On Tue, Jun 5th, 2018 by Saurenergy When contacted, an Essel spokesperson told sources, “As an infrastructure conglomerate, we keep on evaluating various opportunities. However, we would not like to comment on market speculation.” Greenko also declined to comment on the deal. A part of Subhash Chandra-led Essel group, Essel Infraprojects is in advance stage of selling 685 MW solar business to […] Read more
Solar Panel Case: MNRE Removes DCR Clause From 5 GW Phase-II Batch-IV VGF Scheme Updated On Fri, Feb 23rd, 2018 by Saurenergy The amendment comes in response to the US allegation that India had not complied with the World Trade Organisation’s ruling in the solar panels dispute case. In a significant development, the Ministry of New and Renewable Energy (MNRE) has announced an amendment for the implementation of a scheme for setting-up of more than 5 GW […] Read more
Azure Power Commissions 100 MW Solar Power Plant Updated On Mon, Jan 15th, 2018 by Saurenergy Azure Power chairman Inderpreet Wadhwa said Telangana’s continued reliance and faith in solar energy has successfully transformed it into one of the largest solar power producing States in the country. Azure Power has commissioned a 100 MW solar power plant in Telangana. The project was auctioned by NTPC. Azure will supply power to NTPC […] Read more
Azure Power Wins 200 MW in SECI Auction Updated On Tue, Jan 9th, 2018 by Saurenergy Azure Power will sign a power purchase agreement with SECI to supply power at a tariff of INR 2.48 per kWh for 25 years Azure Power one of India’s leading independent solar power producers, announced it has won a 200 megawatt (MW) solar power project through an auction conducted by Solar Energy Corporation of India […] Read more
GST Increases Cost of Solar Projects by 12 Percent, Says AISIA Updated On Wed, Dec 13th, 2017 by Saurenergy Under the current GST regime, “solar power cost will see upward escalation”, the All India Solar Industries Association said. The Goods and Services Tax (GST) has led to 10-12 percent rise in overall cost of solar projects, the All India Solar Industries Association has said, while petitioning the government against the rise in tax incidence […] Read more
India and Sweden to Facilitate Transfer of Innovative Clean Energy Technologies Updated On Thu, Nov 23rd, 2017 by Saurenergy India–Sweden Innovations’ Accelerator Programme expects to facilitate transfer of innovative clean energy technologies India and Sweden expect to facilitate transfer of innovative clean energy technologies and solutions from Sweden to India and also to work closely in adopting and promoting clean technologies. “India has strong presence of large Swedish companies which are very old and […] Read more
India’s 87% solar cell imports from China in Apr-Sept: Piyush Goyal Updated On Fri, Dec 9th, 2016 by Saurenergy India imported solar and photovoltaic cells worth about USD 826 million from China in the first six months of the current fiscal, which is over 87 per cent of the country’s total such imports. India’s total imports of these cells were worth USD 948.88 million, including USD 825.98 million from China, constituting 87.05 per cent, […] Read more
Azure power raises 470 million dollars financing for its solar projects Updated On Tue, Nov 8th, 2016 by Saurenergy Azure Power, a leading independent power producer in the solar power sector in India, announces it has tied-up approximately US$ 470 million financing for its projects to be commissioned in 2017. This is one of the largest financing done till date in the Indian solar sector. With this tie-up Azure Power’s cumulative financial commitment to […] Read more