World Bank Lauds India’s Renewable Energy Push Updated On Tue, Dec 11th, 2018 by Saurenergy “Many of the world’s largest energy-consuming countries significantly improved their renewable energy regulations since 2010”, the report mentioned. World Bank in its latest report Regulatory Indicators for Sustainable Energy (RISE) 2018 praised India’s efforts and its success in renewable energy actions and policy support helping drive down the cost of renewable energy in the country. […] Read more
Solar Developers to Get a One-Time GST Compensation of Rs 2000 crore Updated On Tue, Nov 20th, 2018 by Saurenergy An order by Central Electricity Regulatory Commission (CERC) in October had approved the claims of solar power developers. In a relief to the solar developers, state power distribution companies will have to pay nearly Rs 2000 crore as a one-time compensation towards the impact of Goods and Service Tax (GST) on developers according to Icra. […] Read more
India Yields 77% Electricity from Coal, 5% from RE in 2017-18: Report Updated On Sat, Sep 29th, 2018 by Saurenergy By the passage of renewable energy development, India will eventually see a harsh divestment in the fossil fuel sector. Indian Government seems to be confident of its renewable energy target of 227 GW power by the year 2022 despite of its high and inevitable consumption of fossil fuels. Market Analyst, Bridge to India mentions that […] Read more
Gov’t Cuts Component Manufacturing Requirement to Prevent High Tariff Bids in Solar Tender Updated On Mon, Sep 3rd, 2018 by Saurenergy The government has also brought down the maximum permissible tariff rate for the solar tender to Rs 2.75 per unit from an earlier cap of Rs 2.93. In a bid to attract healthy number of developers in a recent solar auction and prevent higher tariff bids from the bidders, the government has reduced the component […] Read more
Orissa HC Hearing on ‘Solar Safeguard Duty Case’ on Sept’ 19 Updated On Thu, Aug 30th, 2018 by Saurenergy The new hearing date manifestly shows that the safeguard duty is yet to be implemented on the solar imports from China and Malaysia. Nearing the safeguard duty verdict, Orissa High Court has set September 19th, 2018 as the next date for the hearing of ‘Safeguard Duty on Solar Imports Case’. Coming as a historic wrestle […] Read more
Karnataka Gov’t Exempts Rooftop Solar Power Stations below 1MW from Electrical Inspections Updated On Thu, Aug 30th, 2018 by Saurenergy The regular inspections by the state authorities are set under the Central Electricity Authority’s regulation ‘Measures Related to Safety and Electric Supply’. Karnataka Government has exempted rooftop solar power plants with production capacity below 1000 KW from the regular electrical inspections by the state’s electricity authority. However, solar rooftop generation units with capacity of above […] Read more
California Assembly Passes 100% Carbon-Free Electricity Bill Updated On Wed, Aug 29th, 2018 by Saurenergy Followed by the passage by the California Assembly the ‘Senate Bill 100’ is one procedural step away from it successful implementation. In a bid to reduce the greenhouse gas emissions and switch to renewable energy sources for all of its power requirements, California State Assembly has passed the historic bill decarbonizing its electricity systems. Followed […] Read more
MSEDCL, MEDA Disagree over Solar Power Development Updated On Mon, Aug 27th, 2018 by Saurenergy MSEDCL’s sister concern Maharashtra Energy Development Agency (MEDA) has been in comprehensive support to the solar developments with deciding to provide a subsidy on solar power from 2018-19. Maharashtra’s state-run electricity distribution company MSEDCL has been reluctant in supporting the development of solar power in the state by proposing a surcharge to be levied on […] Read more
Sushma Swaraj Urges Indian Diaspora to Foray Country’s Solar Power Sector Updated On Mon, Aug 27th, 2018 by Saurenergy Sushma Swaraj aimed at investment opportunities in the solar power industry that are doing rounds on the back of Indian Government’s target of achieving 100 GW of solar power generation by 2022. Speaking at a panel discussion of ‘Pravasi Bhartiya Divas’, External Affairs Minister Sushma Swaraj urged the present dignitaries and the attendees from the […] Read more
