Renewable Certificates Sales Down 22% in June Updated On Mon, Jul 8th, 2019 by Saurenergy Sales of REC dropped by 22% to 6.98 lakh units in June as compared to 8.96 lakh in the same month a year ago. Sales of renewable energy certificates (REC) dropped by 22 percent to 6.98 lakh units in June as compared to 8.96 lakh in the same month a year ago due to lower supply, […] Read more
The Big Moves in Budget 2019 Updated On Fri, Jul 5th, 2019 by Saurenergy Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and EVs. Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and […] Read more
Government To Launch Solar Scheme for Farmers Updated On Fri, Jul 5th, 2019 by Saurenergy Indian Power Minister declares the launch of a new solar scheme for farmers to earn more income from their farmlands through solar panels. The Indian government plans to launch a solar scheme for farmers that will ensure a minimum annual income of Rs 1 lakh, according to the power minister R K Singh. The Minister […] Read more
Budget 2019 Live: Big Boost for finance, solar manufacturing and EV’s in Budget Updated On Fri, Jul 5th, 2019 by Saurenergy As Finance Minister N Sitharaman presents her first budget 2019 in parliament today, track the news live for anything relevant to solar, renewables and electric mobility. Sumant Sinha, CMD, Renew Power, has already drawn up a wishlist. As India awaits the #UnionBudget2019 tomorrow, our CMD @sumant_sinha shares 7 areas where the #budget can make a […] Read more
Solar Thermal Industry Seeks Replacement of 18% GST with 5% Updated On Fri, Jul 5th, 2019 by Saurenergy Before the introduction of Goods and Services Tax (GST) by the Government of India from 1st of July 2017, many taxes like VAT, Octroi, Service tax have been subsumed into a single tax of GST. The GST has merged under the heading Renewable energy devices & parts for their manufacture all of the earlier solar […] Read more
Budget 2019: Solar Industry Seeks Quick Reforms from Modi 2.0 Updated On Thu, Jul 4th, 2019 by Saurenergy When the Narendra Modi-led National Democratic Alliance government was voted back to power in a landslide victory in the recently concluded general polls, expectations of the corporate world and especially from the renewable industry grew mile high from the Union Budget 2019 which will be presented on 5th July. Now with the continuation of the […] Read more
Hanergy Bags 400 MW Solar Project in DR Congo Updated On Thu, Jul 4th, 2019 by Saurenergy Hanergy has announced a strategic order for setting up a 400 MW solar power plants in Congo, the country’s first and largest solar power plant project, yet. Hanergy Thin Film Power Group has announced that it has secured a strategic order for setting up a 400 Megawatt (MW) solar photovoltaic power plants in the Democratic […] Read more
ADB Grants $30 Million Loan for 100 MW Solar Project in Kazakhstan Updated On Thu, Jul 4th, 2019 by Saurenergy ADB has granted a $30 million loan to M-KAT Green LLP to build and operate a 100 MW solar plant to boost the share of renewables in Kazakhstan’s energy mix. The Asian Development Bank (ADB) has signed an agreement for a $30.5 million loan in tenge equivalent to M-KAT Green LLP—a special purpose vehicle created […] Read more
Solar Market Predicted to Reach 4767 GW by 2026: Report Updated On Thu, Jul 4th, 2019 by Saurenergy According to a new report, the global solar power market will derive growth from the increasing awareness to grow to 4767 GW by 2026. According to a new report, the global solar power market will derive growth from the increasing awareness regarding conservation of conventional energy sources and reducing environmental pollution, to grow to 4767 […] Read more
