Manufacturers of solar power equipment express concern over GST Updated On Thu, Sep 1st, 2016 by Saurenergy Solar equipment manufacturers have expressed concern over implementation of Goods and Service Tax (GST) that will possibly increase the cost of power projects and subsequently put higher tariffs burden on consumers. Speaking to PTI Surender Pal Singh, Chairman, Solar Energy Equipment Manufacturers’ Association of Telangana said “Currently the sector enjoys almost zero tax structure in […] Read more
Odisha aims to install 70MW rooftop solar by 2022: Report Updated On Thu, Sep 1st, 2016 by Saurenergy Odisha is reportedly targeting 70MW of rooftop solar by 2022. Odisha Renewable Energy Development Agency (OREDA) has already received multiple residential applications for the installation of rooftop solar reports PV Tech. Ashok Choudhury, deputy director of projects at the Odisha Renewable Energy Development Agency (OREDA), speaking to the publication said it will cost around Rs. […] Read more
AMTL bags solar PV work order for a multi-storey green building in Noida Updated On Wed, Aug 31st, 2016 by Saurenergy Advance Metering Technology Ltd (AMTL)- one of the fastest growing private players in the energy efficiency segment – today announced its foray into the EPC business segment with the award of work order for a multi-storey green building in Noida. AMTL will execute the project on turnkey basis. As part of the contract, the company […] Read more
REI 2016 – The Countdown begins for South Asia’s Biggest Renewable Energy Trade Expo Updated On Wed, Aug 31st, 2016 by Saurenergy South Asia’s leading Renewable Energy Trade Expo by UBM India, Renewable India Expo 2016 (REI) to kick-off from September 7-9, 2016 at the India Expo Center, Greater Noida. Expected to congregate 40 participating countries, house over 650 exhibitor, 1000 + Delegates and attract over 25,000 visitors – in its flagship 10th anniversary of the event […] Read more
Solar Energy Sector Has Immense Potential to Grow Within The Next Few Years: Hiten Parekh, Sr. Vice President at Waaree Energies Limited Updated On Wed, Aug 31st, 2016 by Saurenergy Founded in 1989, WAAREE Energies Ltd is a flagship company of Waaree Group. The company has poised as a pioneer in the global solar energy space. To bring on context, the company flaunts India’s largest solar PV module manufacturing capacity of 500 MW. Waaree Energies is a broad presence across the solar value chain providing […] Read more
The banking system in India is not well developed compared to other countries: Gautam Mediratta, Manager-BD, Rays Power Infra. Updated On Wed, Aug 31st, 2016 by Saurenergy RPIPL is one of the snowballing EPC Companies of India. The company leverages Consulting-Engineering-Contracting-Commissioning services with practicing expertise in the renewable power plant and transmission industry. Gautam Mediratta, Manager-BD, Rays Power Infra takes us inside the Industry’s temporal lobe. What is stopping us from building a Truly Massive solar power plant in India when this […] Read more
IFC to invest up to USD 125 mn in Hero Future Energies Updated On Fri, Aug 26th, 2016 by Saurenergy International Finance Corporation (IFC) has announced to invest up to USD 125 million with IFC Global Infrastructure Fund in Hero Future Energies. The USD 125 million of equity and proceeds will be used to fund the construction of solar and wind power plant projects. Hero Future Energies Pvt Ltd plans to have a total installed […] Read more
REC Solar appoints Matt Walz, a Duke Energy executive as chief executive officer Updated On Thu, Aug 25th, 2016 by Saurenergy REC Solar has announced the appointment of Matt Walz as chief executive officer. Walz has worked at Duke Energy for 12 years and joined REC Solar after serving on the company’s board of directors. Walz brings to REC Solar leadership experience in renewable energy, retail electric supply and wholesale generation. Building off his tenure as […] Read more
SECI awards 240MW solar project to Essel Green Energy in Odisha Updated On Wed, Aug 24th, 2016 by Saurenergy Essel Green Energy has acquired a bulk of 270MW solar project in Odisha from Solar Energy Corporation of India (SECI). A subsidiary of Subhash Chandra’s Essel Group, the company has bagged 240MW solar project, while IBC Solar Ventures India has won 20 MW and Jyoti Infrastructure has got 10MW. Energy Corporation of India had set […] Read more