Budget 2018-19: Renewable Energy Industry Largely ‘Unhappy’ Updated On Fri, Feb 2nd, 2018 by Saurenergy Overall, the Union Budget 2018 is average but still, the government can focus to solve problems faced by industry players in the current year so that India can fulfill its green energy ambitious goals on time. Finance Minister Arun Jaitley rolled out its much-anticipated Union Budget 2018-19 in parliament on 1 February 2018. With national polls […] Read more
Vikram Solar Slams Arun Jaitley’s Budget 2018 for Solar Sector Updated On Fri, Feb 2nd, 2018 by Saurenergy The budget 2018 is not very encouraging for the renewable and solar energy sector. The government has missed out on a major opportunity to take a lead towards combating climate change. The government has proposed to take out the import obligation on parts that make up sun powered boards. In his last full budget 2018 […] Read more
Budget 2018 is Favorable for Power Sector & Saubhagya will Boost Demand Updated On Fri, Feb 2nd, 2018 by Saurenergy The vulnerability over the inconvenience of duty – import duty, shield obligation and hostile to dumping duty – including courses of events and their quantum proceeds for the solar energy sector. The Union Budget for 2018-19 is probably going to have a generally positive effect on the power aspect with the push towards extending power […] Read more
Budget 2018: Reactions From the Solar Industry Updated On Thu, Feb 1st, 2018 by Saurenergy Jaitley in his budget 2018 speech proposed that the duty on solar tempered glass or solar tempered [anti-reflective coated] glass for the manufacture of solar cells, panels, modules be reduced from 5 percent to zero. The Budget 2018 presented by Finance Minister Arun Jaitley has proposed to eliminate the import duty on components that […] Read more
Kerala State Electricity Board to Push for Big in Solar Power Sector Updated On Wed, Jan 31st, 2018 by Saurenergy Under Solar Connect, roof-top solar plants with a capacity of two kilowatts to 100 kilowatts (especially on public terraces spread over 5000 sq m) can be connected to the KSEB grid. KSEB Limited is planning to push for big in the solar power sector. From the existing 103.2 MW, the public utility wants to generate […] Read more
Mumbai’s Housing Society Goes Solar Cuts Electricity Bill By 83% Updated On Mon, Jan 29th, 2018 by Saurenergy The solar grid cost Kurla residents Rs14 lakh, but they expect to recover the expenses over the next four-and-half years, said members of Green Power Projects Pvt Ltd that installed the project. Mumbai’s housing society in Kural has switched to solar power to cut their electricity bill by 83 percent. The housing society including Twin […] Read more
Budget 2018: Solar Industry Demands Clarity, Relief in Safeguard Duty Updated On Mon, Jan 29th, 2018 by Saurenergy According to industry experts, the imposition will not only increase the tariff by almost Re 1 but it will put the projects under execution in deep trouble resulting in making them unviable, turning them into non-performing assets. With the proposed imposition of 70 percent safeguard duty on import of solar power equipment and concerned about […] Read more
Is Trump’s Tariff a Big Deal For Solar Industry ? Updated On Sat, Jan 27th, 2018 by Saurenergy The safeguard tariff on imported solar modules and cells issued by US administration begins at 30 percent in the first year, declines to 25 percent in the second, 20 percent in the third and ends at 15 percent in the fourth. Since US President Donald Trump made the announcement to impose 30 percent tariffs on […] Read more
Due To Trump Solar Tariff SunPower Puts U.S. Expansion On Hold Updated On Sat, Jan 27th, 2018 by Saurenergy The Trump organization did not report any item exclusions when it disclosed the levies. The U.S. Exchange Representative will report the standards for asking for an avoidance by Feb. 22. SunPower Corp said it was putting a $20 million U.S. industrial facility extension and several new employment on hold until and unless its solar panels […] Read more
