States under UDAY achieve improvement of 1.07% in AT&C losses in FY 2017 Piyush Goyal Updated On Fri, Aug 4th, 2017 by Saurenergy The participating States have achieved an improvement of 1.07% in Aggregate Technical & Commercial (AT&C) losses and Rs.0.13 a Unit in Average Cost of Supply (ACS) – Average Revenue Realized (ARR) gaps in FY 2017 The Minister of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal, in a written reply to […] Read more
NGT Seeks reply from Centre and Pollution Control Board on Plea to Ban Antimony Solar Panels Updated On Fri, Aug 4th, 2017 by Saurenergy A bench headed by NGT Chairperson Justice Swatanter Kumar issued notice to the Ministry of New and Renewable Energy (MNRE), the Ministry of Commerce and the Central Pollution Control Board and sought their response before August 24. A plea seeking a ban on the manufacture, use and import of solar panels containing antimony, a heavy […] Read more
ContourGlobal Adds 20MW of Operating Solar Plants in Italy to European Solar Business Updated On Thu, Aug 3rd, 2017 by Saurenergy The acquisition further expands ContourGlobal’s Italian power business and leverages the company’s existing Italian thermal and renewable operating platform consisting of high efficiency QuadGeneration facilities. ContourGlobal has signed an agreement for the acquisition of a group of companies owning 20MW of operational solar photovoltaic (“PV”) plants in Italy from ErgyCapital S.p.A. The plants, located in […] Read more
SOLAR AND PAPER INDUSTRY ALIGNED Updated On Wed, Aug 2nd, 2017 by Saurenergy The paper industry in India has become more promising as the domestic demand is on the rise. Increasing population and literacy rate, growth in GDP, improvement in manufacturing sector and lifestyle of individuals are expected to account for the growth in the paper industry of India. Notwithstanding, paper sector is one of the most energy-critical […] Read more
P.P. Chaudhary inaugrates 200 KW solar rooftop PV plant commissioned by Jakson Group in Delhi Updated On Wed, Aug 2nd, 2017 by Saurenergy As part of the solar power project, Jakson, installed 669 solar modules of 310 watt manufactured at its solar module manufacturing plant in Greater Noida. Union Minister of State, Ministry of Law & Justice and Electronics & IT, P.P. Chaudhary on Tuesday inaugurated a 200 KW solar rooftop PV power plant installed and commissioned by […] Read more
Government to Impose 5 Percent Tax Under GST on Cables and Batteries for Solar Power Updated On Mon, Jul 31st, 2017 by Saurenergy Due to the inverted duty structure, developers will first pay the higher tax and then claim a tax refund against the five per cent slab while filing the returns. The credit reversal will be possible only if the renewable energy project developer submits invoices to the government regarding procurement and tax paid. The government is […] Read more
IDFC Alternatives to Acquire First Solar’s India portfolio for Rs 1950 Crore Updated On Mon, Jul 31st, 2017 by Saurenergy IDFC infrastructure will acquire entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India for around $300 million. The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects […] Read more
Government Extends Projects deadline Granting Major Relief to the Solar Power Developers Updated On Mon, Jul 31st, 2017 by Saurenergy Developers had raised an alarm over a letter from the Ministry of New and Renewable Energy (MNRE) this month directing all states to strictly enforce deadlines for solar projects, eschewing extensions. The government has granted major relief to solar power developers, allowing deadlines for project development to be extended in cases where there were delays […] Read more
Andhra Pradesh and Rajasthan Leaves Tamil Nadu Behind in Installed Solar Capacity Updated On Sat, Jul 29th, 2017 by Saurenergy Statistics show only 630 MW of solar power was installed in Tamil Nadu in 2016-17 against 919.24 MW in 2015-16. Unlike Andhra Pradesh, which acquires land for solar parks, Tamil Nadu leaves developers the land acquisition responsibility, which takes time. Ministry of new and renewable energy data, released in the Lok Sabha, shows that at […] Read more
