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
Over 1,500 Customers Apply for Duke Energy’s North Carolina Solar Incentives Updated On Sat, Jul 28th, 2018 by Saurenergy For an installation of 10 kW or less, the customers will receive a rebate of 60 percent per watt of solar energy production. More than 1,500 customers from North Carolina have applied to redeem incentives of Duke Energy’s Solar Rebate Program. The customers will receive incentives for installing private solar energy systems in first few […] Read more
‘Funneling’ Technique 3-Times More Efficient to Tap Solar Power Updated On Fri, Jul 27th, 2018 by Saurenergy The technique involves ‘funneling’ of sunlight directly on to the power cells with least wastage. Scientists from the University of Exeter, England have developed a new technique to harness solar energy more efficiently. The technique involves ‘funneling’ of sunlight directly on to the power cells with least wastage. The technique is said to be three […] Read more
Tata Power Q1 Net Profit Jumps Four-Fold to Rs 1,735 Cr Updated On Fri, Jul 27th, 2018 by Saurenergy Consolidated revenue rose by 16 percent at Rs 7,139 crore as compared to Rs 6,166 crore last year. Country’s one of the leading integrated power company, Tata Power has reported a four-fold jump in its consolidated net profit after tax at Rs 1735 crore during the first quarter of FY19, helped by exceptional gain from […] 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
Scientists Use Plant Bacteria to Harness Sunlight Updated On Thu, Jul 26th, 2018 by Saurenergy The experiment is based on the principal of bacteria’s dye that converts solar energy into potential food for the plant. Seeking technical advancement in solar cells, scientists from University of British Colombia used the bacteria of plants, which is responsible for photosynthesis, to collect solar energy. The experiment is based on the principal of bacteria’s […] 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
NTPC Wins Excellence in Power Generation at D&B Corporate Awards Updated On Thu, Jul 26th, 2018 by Saurenergy The annual awards event aims at commemorating outstanding performers among Indian Corporates which seldom influence several resources in the public sector units like NTPC. India’s one of the leading power utility NTPC was honored at the Dun & Bradstreet (D&B) Corporate Awards 2018 for Excellence in Power Generation at a function held in New Delhi. […] 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
