SkyPower, China Huayang Group Partners to Develop Solar Energy Projects around the World Updated On Thu, Jun 8th, 2017 by Saurenergy Huayang has selected SkyPower to be its global partner to develop, build, and operate large utility-scale solar projects in key strategic markets. SkyPower and China Huayang Economic and Trade Group Co., has entered into a partnership to develop solar energy projects around the world. Huayang in a statement said that it has selected SkyPower to […] Read more
KERC accelerating solar projects as demand surges in Karnataka Updated On Wed, Jun 7th, 2017 by Saurenergy The KERC has included cross-subsidy charges on solar power from solar farms. Additionally, it has given a 10-year waiver of key grid charges, for solar power projects commissioned before March 2018. Taking cue from Prime Minster Narendra Modi’s ardent appeal in Paris Climate Conference in 2015 to make India a solar-powered nation, the Karnataka Electricity […] Read more
ADB and PNB sign $100 million loan to finance Solar Rooftop projects Updated On Fri, Jun 2nd, 2017 by Saurenergy PNB will use the ADB funds to make further loans to various developers and end users to install rooftop solar systems. The Asian Development Bank (ADB) and the Punjab National Bank (PNB) recently signed a $100 million loan to finance large solar rooftop systems on industrial and commercial buildings throughout India. The loan will be […] Read more
All solar equipments and its parts including panels, cells and modules would be taxed at 5% under GST Updated On Tue, May 30th, 2017 by Saurenergy The government is planning to bring down GST rate on solar panels or modules to around 5 per cent as against 18 per cent declared earlier. The government’s recent announcement of 18% tax rate under the new indirect tax regime for solar module was the biggest surprise for the power and renewable sector. Looking into […] Read more
Solar Power Juggernaut Will Keep Rolling Despite Higher Taxes Under GST Updated On Sat, May 27th, 2017 by Saurenergy According to a list of 1,211 items released after the meeting of the GST Council, which comprises finance ministers of all the states of the Union, “Photosensitive semiconductor devices; including solar photovoltaic cells, whether or not assembled in modules or made up into panels”, will be charged at a rate of 18 Goods and Services […] Read more
GST to cause significant disruption to the solar sector: Bridge to India Updated On Tue, May 23rd, 2017 by Saurenergy Bridge To India notes that the biggest surprise for the power and renewable sector is the announcement of 18% tax rate for solar modules as compared to a present effective rate of zero Government of India recently released final GST rates under the new indirect tax regime proposed to be rolled out from July 1. […] Read more
Altus Power Energizes 10 MW New Jersey Solar Farm Updated On Thu, May 18th, 2017 by Saurenergy Altus Power notes that commencement of construction of solar farm, known as Spartan solar project occurred in September 2016 and involved hundreds of local jobs. Altus Power has announced the completion of construction and grid interconnection of a 10 MW ground-mounted solar energy system, in North Hanover Township, New Jersey. Altus Power notes that commencement […] Read more
RaysExperts adds 30 MW capacity to its Solar Parks, situated at Kolayat in Bikaner Updated On Tue, May 16th, 2017 by Saurenergy Around 99% of solar EPC companies in India have a total individual portfolio of less than 30 MW, however, Rays Experts, in a rare feat of sorts, achieved in just 3 months. RaysExperts has successfully commissioned projects that contributed an addition of 30 MW to Rays Solar Parks, situated at Kolayat in Bikaner. According to […] Read more
NCLAVE Supplies its Single-Axis Trackers for a Solar Power Project of 125 Mw in Australia Updated On Mon, May 15th, 2017 by Saurenergy NCLAVE’s horizontal single-axis SP1000 solar power trackers that are known for reliability and efficiency comes with exclusive patented spherical bearing and helps in resistant to solar degradation and requires neither lubrication nor maintenance. The horizontal single-axis trackers from NCLAVE (comprised of the fusion between Grupo Clavijo and MFV Solar) have been selected for the Clare […] Read more
