Power Ministry Proposes Compensation for Grid Curtailment, to Benefit Renewable Energy Sector Updated On Wed, May 24th, 2017 by Saurenergy “If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure a favourable operational environment for renewable energy projects. It will also be positive for wind and solar energy developers,” The government has proposed a compensation mechanism for existing renewable energy projects, which will protect the […] Read more
GST to cause significant disruption to the solar sector: Bridge to India Updated On Tue, May 23rd, 2017 by Saurenergy Bridge To India notes that the biggest surprise for the power and renewable sector is the announcement of 18% tax rate for solar modules as compared to a present effective rate of zero Government of India recently released final GST rates under the new indirect tax regime proposed to be rolled out from July 1. […] Read more
Failure by States to Pay for Renewable Power May Trip Green Energy Target by 2022 Updated On Tue, May 23rd, 2017 by Saurenergy Renewable purchase obligation (RPO) refers to the mandate imposed by law on some entities, mainly power distribution companies, to procure a certain part of their power requirement from renewable sources. States are lagging behind in meeting their renewable purchase obligation target which is a key policy instrument to meet the goal of installing 175 gigawatt […] Read more
ISOVOLTAIC to launch new backsheet ICOSOLAR CPO 3G at Intersolar Europe Updated On Tue, May 23rd, 2017 by Saurenergy ISOVOLTAIC ICOSOLAR CPO 3G backsheet has been manufactured using Borealis’ solar grades Quentys produced in Schwechat, Austria ISOVOLTAIC is gearing up to launch ICOSOLAR CPO 3G, a co-extruded polypropylene (PP) solar backsheet at Intersolar Europe in Munich. For the development of this backsheet ISOVOLTAIC, market and technology leader for solar backsheets, and Borealis, a leading […] Read more
QOS Energy opens new office in India to meet the growing demand of its customer base Updated On Tue, May 23rd, 2017 by Saurenergy QOS Energy helps utilities, IPPs, O&M service providers and asset managers to maximize return on investment using powerful data-driven decision making tools (KPIs, Dashboards, and Alerts). QOS Energy has announced the opening of a new office in India to meet the growing demand of its customer base and exploit the opportunities offered by the booming […] Read more
ABB to showcase latest products of inverter solutions and microgrid applications at Intersolar 2017 Updated On Tue, May 23rd, 2017 by Saurenergy Making its first public appearance at Intersolar, is ABB’s pioneering 100 and 120 kW string inverter featuring multi-MPPT solutions for maximum plant design flexibility ABB has announced that it will unveil new solutions resulting from its continued investment in developing innovative solar power conversion technology. The company will be showcasing its very latest products of […] Read more
ABB to appoint KPMG as external auditor from 2018 Updated On Tue, May 23rd, 2017 by Saurenergy ABB’s decision to appoint KPMG as external auditor was taken following a year-long comprehensive external auditor tender process initiated in 2016 in line with international good governance practices. ABB has announced that its Board intends to appoint KPMG as its external auditor effective for the financial year 2018. ABB notes that this decision to appoint […] Read more
Renewables Will Become Dominant Energy Source by 2050: Oliver Wyman Updated On Mon, May 22nd, 2017 by Saurenergy “Governments need to champion and commit to COP21 targets and organisations need to be bold and agile in order to achieve an energy system built mainly on renewables by 2050.” Oliver Wyman in its latest report notes that a global energy system based mainly on renewables can be achieved by 2050, but governments need to […] Read more
NTPC likely to be mandated to meet its entire auxiliary power requirement through domestic solar equipment: Report Updated On Mon, May 22nd, 2017 by Saurenergy Nearly 2000 MW of NTPC auxiliary power generation can be replaced by solar energy. Indian government is reportedly looking at means to aid domestic solar equipment manufacturing industry despite facing criticism at WTO for the domestic content requirement clause in the JNNSM. BusinessLine citing a top government official reports that towards this end, NTPC may […] Read more
