Adani’s Mundra Solar Seeks to be $1bn Firm in 2-3 Years Updated On Mon, Apr 23rd, 2018 by Saurenergy In next 2-3 years, it is also mulling to scale up its manufacturing capacity of modules and cells from the current 1,200 MW to around 3,000 MW. Adani Group’s solar PV manufacturing arm, Mundra Solar PV, eyes to become a USD 1 billion company over the next 2-3 years. In next 2-3 years, it is […] Read more
Viz-A-Viz with Sir Ganesan Natarajan, Chairman | Topaz Solar Private Limited Updated On Sat, Apr 21st, 2018 by Saurenergy Q. Please tell our readers more about Topaz solar and its services. Topaz Solar is promoted by me and Ms. Usha Natarajan in the year 2009. It became active since 2014 where we planned to foray into domestic solar market primarily Tamilnadu biz in mind due to aggressive Solar policy unveiled by then CM Jayalalitha. […] Read more
India’s Solar Capacity Addition Likely to Drop by 40 Percent in 2018-19: ICRA Updated On Tue, Apr 17th, 2018 by Saurenergy Between April 2017 to February 2018 the country has added around 7.2 Gw solar capacity to its kitty. It is highly likely that India’s solar power capacity addition will drop by 40 per cent to a range between 4 Gigawatt (GW) and 4.5 Gw in the 2018-19, thanks to the recent slowdown in the tendering and project […] Read more
Madras HC Dismisses Plea Against 70% Levy on Solar Imports Updated On Tue, Apr 17th, 2018 by Saurenergy The oral order was delivered by the court whereas the written order is likely to be pronounced today. Challenging the recommendations of 70% safeguard duty on imports of solar panels and modules by Directorate General of Safeguards, the Madras High Court has dismissed the petition on Monday. The oral order was delivered by the court […] Read more
Govt Issues Clarification on Tariff Based Bidding Process for Solar PV Projects Updated On Wed, Apr 4th, 2018 by Saurenergy The move will allow solar power developers to pass on the burden of any increase in duties on solar equipment to discoms. The Ministry of New & Renewable Energy (MNRE) has issued a notification with respect to ‘Clarification to guidelines for the tariff based competitive bidding process for procurement of power from grid connected solar PV power […] Read more
Climbing Stairs: for Indian Rooftop Industry Updated On Tue, Mar 27th, 2018 by Saurenergy India has diligently stepped-forward to ply across the cross roads of innovation. Today, India houses one of the biggest tech companies in the world has turned heads. But still, to all the innovations, India has been prolonging on the growing power demands. Not scathing 100 GigaWatt(GW) rather democratized dialogue on 40GW of rooftop seems to […] Read more
70% Safeguard Duty on Solar to Dampen Investor Sentiment: Par Panel Updated On Wed, Mar 14th, 2018 by Saurenergy Custom Duty on Solar Cells/Modules/Panels should not be levied and they should continue to enjoy exemption from custom duty as before. Safeguard Duty should not be of the tune (70 per cent) that will hamper our own programme and it should not affect the bids which have already taken pace, panel has said. A Parliamentary […] Read more
ISA Plans to Invite 50 Solar Proj Dev, Bankers at Action-to-Transaction Meet Updated On Mon, Mar 5th, 2018 by Saurenergy The move has come to provide golden opportunity for project developers, solar equipment manufacturers for interaction with banks to secure funds they are looking for the bankable solar energy and related projects for financing and implementation in India and ISA Member countries. The International Solar Alliance (ISA) and the Ministry of New and Renewable Energy (MNRE) […] Read more
Swytch Announces Strategic Partnership with HST Solar to Speed up Solar Installations Updated On Mon, Mar 5th, 2018 by Saurenergy Under the terms of the agreement, HST will provide Swytch with proprietary data and analytics for forecasting production capacity and efficiency for solar installations. Swytch, a blockchain-based solution for accelerating a sustainable and equitable energy future has announced a joint development agreement with HST Solar, the leading end-to-end solar platform. Under the terms of the […] Read more