Solar players expect tax incentives in budget, uncertainty over GST remains Updated On Tue, Jan 31st, 2017 by Saurenergy According to Solar players’ continuation of appreciated depreciation, a financial incentive, along with concessional interest rates and use of Rs 54,000 crore National Clean Energy Fund could be crucial to achieve country’s ambitious target. Amid uncertainties over the impact of Goods and Services Tax (GST) and Make in India programme being affected by falling prices […] Read more
ReneSola announces ratio change for the Company’s American Depositary Receipt (“ADR”) program Updated On Mon, Jan 30th, 2017 by Saurenergy For ReneSola’s ADS holders, this Ratio Change will have the same effect as a one-for-five reverse split. ReneSola has announced a ratio change for the Company’s American Depositary Receipt (“ADR”) program. As a result, the number of the Company’s shares represented by each American Depositary Share (“ADS”) will be changed from two (2) shares to […] Read more
BioSolar Reports Progress on its High-Energy Anode Material for Lithium Ion Batteries Updated On Wed, Jan 25th, 2017 by Saurenergy BioSolar completed initial comparative tests of their silicon-metal anode against top commercially available silicon anode materials. Their tests found that BioSolar’s anode technology retained a higher storage capacity than what is commercially available BioSolar, Inc. has provided a progress report on the development of its high-energy anode material for next generation lithium batteries. The company […] Read more
Gujarat DISCOMs Fail to Meet Purchase Target for Renewable Energy Updated On Tue, Jan 24th, 2017 by Saurenergy GUVNL DISCOMs fails to meet purchase target of renewable energy sources. Gujarat Urja Vikas Nigam Ltd (GUVNL) affiliated four distribution companies (DISCOMs) fell short of purchasing required renewable energy in 2015-16 on account of low supply of power from wind and other renewable energy sources. Under the Renewable Purchase Obligation (RPO), a distribution company is […] Read more
Meyer Burger Receives Orders for Solar Cells and PV Equipment Totaling about CHF 19 million Updated On Mon, Jan 23rd, 2017 by Saurenergy Meyer Burger has been awarded with a CHF 19 million order for its MB PERC upgrade solar cells technology. Meyer Burger has received orders for a total amount of about CHF 19 million for its industry leading MB PERC upgrade solar cells technology, SiNA cell coating systems and DW 288 diamond wire cutting equipment from […] Read more
Saudi Arabia to Launch Multi-billion Renewable Energy Schemes Updated On Fri, Jan 20th, 2017 by Saurenergy World’s largest oil exporter vies to diversify its focus to Renewable Energy Saudi Arabia is set to launch a renewable energy programme worth up to $50 billion, as the world’s largest oil exporter vies to diversify its economy, its energy minister stated. “This is the first time we talk about the specific programme,” minister Khaled […] Read more
Ministry of Commerce & Industry releases Make in India New and Renewable Energy Sector – Achievement Report Updated On Thu, Jan 19th, 2017 by Saurenergy The New & Renewable Energy sector has witnessed the highest ever-solar power and wind power capacity addition over the last two years since April 2014. The Government has set a target of 175 GW of renewable energy capacity by end of 2022, making it the largest expansion in the world and providing plenty of opportunities […] Read more
ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India Updated On Wed, Jan 18th, 2017 by Saurenergy ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […] Read more
Luminous Regalia wall-mounted power backup system launched in India Updated On Wed, Jan 18th, 2017 by Saurenergy Luminous Regalia enable users to stay connected using Wi-Fi and access information and diagnostics via their smartphones Luminous Power Technologies has announced the launch of wall-mounted power back-up system named Luminous Regalia. The Company is touting it as the most compact power back-up system available in India. The new product from the house of Luminous comes […] Read more
