Will GST Slowdown India’s Solar Power Juggernaut? Updated On Tue, Sep 19th, 2017 by Saurenergy 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 the uproar and dissatisfaction in the industry the government seems to have changed its plan and working on settling the incongruities in the new regime. The […] Read more
Phanes Group Opens Solar Power Incubator to Unlock Potential of Energy in sub-Saharan Africa Updated On Mon, Sep 11th, 2017 by Saurenergy “We believe the Phanes Group Solar Incubator -in collaboration with our partners- will leverage untapped local PV potential, and create more opportunities for local projects. Combined with our strengths in developing bankable solutions for clean, affordable energy and efforts in CSR, the incubator initiative can help to address local needs that haven’t yet been met.” […] Read more
Lumeta Solar Unveils Lumeta Lynx Zero Penetration, Low Profile Solar Modules Updated On Wed, Sep 6th, 2017 by Saurenergy Lumeta Lynx offers the lowest installed cost and is more attractive than traditional rack-mounted solar modules. Lumeta Solar LLC, a California PV module manufacturer has launched Lumeta Lynx, a line of solar modules that eliminate racking resulting in faster installation, zero roof penetrations, and improved aesthetics. The low-profile, black-on-black, frameless monocrystalline modules adhere directly to […] Read more
Startup Opportunities in Solar pv Updated On Fri, Sep 1st, 2017 by Saurenergy Two key words that I would like to start: “startups” and “Rs.2.44/unit”. These have caught the attention of every educated citizen in the country. The first, for the opportunity of utilizing ones ideas and potential of doing something great; the other being the lowest tariff quoted in this month in solar PV under reverse bidding. […] Read more
India-China Tension at border to not affect Solar Sector: Industry Updated On Tue, Aug 8th, 2017 by Saurenergy Reports of the border stand-off between India and China continue to hog headlines, one of the concerns raised is whether this would have a bearing on the solar sector in India because local project developers are dependent on solar cells and modules imported from China. As reports of the border stand-off between India and China […] Read more
Haryana Waives Wheeling Charges on Power Generated From Solar Plants Updated On Tue, Aug 8th, 2017 by Saurenergy Any investor, who installs a solar power plant at any place in the state, can sell this power to any private entity within the state at mutually agreed tariff without paying these charges. The Haryana government has waived intra-state wheeling charges, cross subsidy charges, transmission and distribution charges on the electricity generated from solar power […] Read more
The Gospel of Distributed Energy Storage Updated On Fri, Aug 4th, 2017 by Saurenergy A target of 175 GW by 2022 is not just challenging but brings a commodity to bring swift innovations to peg this clean mission. Falling energy storage costs and steadily increasing solar capacity stand to catalyze a paradigm shift from net metering to distributed energy storage. Implementing a system composed of a web of distributed […] Read more
Government to Impose 5 Percent Tax Under GST on Cables and Batteries for Solar Power Updated On Mon, Jul 31st, 2017 by Saurenergy Due to the inverted duty structure, developers will first pay the higher tax and then claim a tax refund against the five per cent slab while filing the returns. The credit reversal will be possible only if the renewable energy project developer submits invoices to the government regarding procurement and tax paid. The government is […] Read more
Andhra Pradesh and Rajasthan Leaves Tamil Nadu Behind in Installed Solar Capacity Updated On Sat, Jul 29th, 2017 by Saurenergy Statistics show only 630 MW of solar power was installed in Tamil Nadu in 2016-17 against 919.24 MW in 2015-16. Unlike Andhra Pradesh, which acquires land for solar parks, Tamil Nadu leaves developers the land acquisition responsibility, which takes time. Ministry of new and renewable energy data, released in the Lok Sabha, shows that at […] Read more
