Solar Industry Seeks Clear GST Rates on Solar Projects Updated On Mon, Jul 30th, 2018 by Saurenergy The solar industry association has written to the authorities after the Authority for Advance Rulings (AAR) upheld the rate to be at 18 percent and not 5 percent GST rates on Solar Projects. Solar Power Developers Association (SPDA) has sought clarity on the GST rates on solar projects from the solar policy makers, including important […] Read more
Kochi Airport Bags Highest UN Environment Honour Updated On Fri, Jul 27th, 2018 by Saurenergy CIAL was chosen for ‘action and inspiration’ category which recognizes individuals or organizations taking bold environmental steps and inspiring others to follow their green footsteps. Cochin International Airport (CIAL) has been selected for the highest environmental honour ‘Champion of Earth Prize -2018’ instituted by the United Nations. CIAL was chosen for ‘action and inspiration’ category […] Read more
Punjab Gives Seal of Approval for Rs 100 Cr Renewable Projects Updated On Fri, Jul 27th, 2018 by Saurenergy The segment includes nine small hydro projects with the combined capacity of 5.55 MW worth around Rs 60 crore, one bio-CNG Project of Rs 17.50 crore and a bio-coal of around Rs 26.75 crore. The Punjab Government has approved Punjab renewable energy projects worth Rs 100 crore, the State Minister for Renewable Energy Sources Gurpreet Singh Kangar […] Read more
Chinese Solar Panels Dumping Causes Loss of 2 Lakh Jobs: Report Updated On Fri, Jul 27th, 2018 by Saurenergy The loss of jobs came on the heels of disproportion in the trade patterns between India and China and a faulty implementation of interest safeguarding policies. The Parliamentary Standing Committee on Commerce estimated loss of 2 lakh jobs in the country due to dumping of Chinese solar panels. The loss of jobs came on the […] Read more
Waaree Energies Becomes Largest Solar Panel Maker in India Updated On Fri, Jul 27th, 2018 by Saurenergy The new facility underlines the company’s commitment towards the Government’s ambitious target of 225 GW of renewable energy by 2022 and its vision for Make in India. Waaree Energies has become the country’s largest solar panel manufacturer with the launch of the 1 GW plant in Vapi, Gujarat, taking its manufacturing capacity to 1.5 GW. […] Read more
IESA Welcomes GST Rate Cut on Li-Ion Batteries Updated On Thu, Jul 26th, 2018 by Saurenergy The GST Council’s move came after the recognition of the need to enhance the energy storage industry and its related segments. India Energy Storage Alliance (IESA) has welcomed the GST council’s reduction of goods and services tax (GST) for Lithium-Ion Batteries from 28 percent to 18 percent. The GST Council’s move came after the recognition […] Read more
LONGi Solar Inks $600 Mn Pact with American Firm Updated On Wed, Jul 25th, 2018 by Saurenergy This is another solid step LONGi Solar has taken as a global leading monocrystalline module maker in its overseas deployment. LONGi Solar said that it has signed a USD 600 million contract with an American company to sell high-efficiency monocrystalline modules in the United States. This is another solid step LONGi Solar has taken as […] Read more
Orissa HC Issues Stay Order on Safeguard Duty on Solar Imports until August 20 Updated On Wed, Jul 25th, 2018 by Saurenergy The move came after the Directorate General of Trade Restrictions (DGTR) had recommended, last week, that safeguard duty on solar imports from China and Malaysia should be imposed for 2 years in a phased manner i.e. 25 percent for the first year, 20 percent for the first six months of the second year, and 15 […] Read more
Indian Manufacturers to benefit from Rs 8000 Cr Solar Energy Scheme Updated On Mon, Jul 23rd, 2018 by Saurenergy If the Solar Energy Scheme gets required approvals and execution, it would mandate the Indian solar cell’s manufacturers to manufacture without the violation of WTO’s trade rules. A 12 Gigawatts Solar Energy Scheme to back the indigenous manufacturing of the solar energy components is underway. The scheme is proposed to be costing Rs 8000 crore. […] Read more