GST on Renewable Products Slashed to 5% Updated On Mon, Dec 24th, 2018 by Saurenergy Prior to this clarification, solar power developers were paying tax at the rate of 18% which had become a sticking point in the industry. Solar Industry is in a state of relief after the GST council clarified that the devices and parts related to renewable energy will be taxed a 5% while the services related […] Read more
Rays Power Infra Raises Rs 200 Cr from DMI Finance Updated On Fri, Dec 21st, 2018 by Saurenergy The capital will be predominantly used to strengthen the company’s presence in the country and to develop ground mounted solar power projects. Mumbai-based solar power developer Rays Power Infra announced that it has successfully raised Rs 200 crore in debt and equity financing in the first round from DMI Finance. The capital will be predominantly […] Read more
Industry Bullish on Renewable Sector but Issues Linger Updated On Fri, Dec 21st, 2018 by Saurenergy High tariff and the expensive infrastructure mire the sheen of the sector, issues which the industry wants to be resolved in the forthcoming year. The recently held COP24 renewed the focus of world government’s on the increasing need of solar energy and India government and the industry also agrees with the fact. However, high tariff […] Read more
Ministry of Power Issues Building Code for Residential Buildings Updated On Fri, Dec 21st, 2018 by Saurenergy It aims to benefit the occupants and the environment by promoting energy efficiency in design and construction of homes, apartments and townships. Ministry of Power has recently launched the ECO Niwas Samhita 2018,an Energy Conservation Building Code for Residential Buildings (ECBC-R). The Code was launched on the occasion of National Energy Conservation Day 2018 in […] Read more
Power Generation from Waste Updated On Thu, Dec 20th, 2018 by Saurenergy India generates about 1,45,128 tons of waste daily (around 53 million tons annually) and, on an average, 46 percent of it is processed daily. Ministry of New and Renewable Energy has been promoting Waste to Energy programme to recover energy in the form of Biogas/ BioCNG/Power from urban, industrial and agriculturalwastes. Under the programme, 184 […] Read more
Renewable Purchase Obligations Should be Strictly Enforced: NITI Aayog Updated On Thu, Dec 20th, 2018 by Saurenergy Launched by Finance Minister Arun Jaitley, the document outlines a slew of measures to reform the energy sector of the country. NITI Aayog recently published its latest strategy document ‘Strategy for New India @75’ in which it has recommended that renewable purchase obligations should be strictly enforced. Launched by Finance Minister Arun Jaitley, the document […] Read more
Shell and EDF Renewables Form JV to Develop Wind Farm Updated On Thu, Dec 20th, 2018 by Saurenergy The lease area holds the potential to produce approximately 2,500 MW of wind energy – enough to power close to one million homes. Forming an equal partnership joint venture, EDF Renewables North America and Shell New Energies have joined hands to co-develop wind energy area in New Jersey. The lease area holds the potential to […] Read more
AB InBev and Lighthouse BP Clinch Deal for 100 MW Solar Power Plant Updated On Wed, Dec 19th, 2018 by Saurenergy With a capacity of 100 MW, the deal is claimed to be the largest ever unsubsidised solar deal in the history of UK. From 2020, Budweiser, the British brewed beer manufactured by AB InBev, will be created using solar energy. Lightsource BP has signed a deal with AB InBev for developing and operating subsidy free […] Read more
Union Cabinet Approves MoU Between India and France on Renewable Energy Updated On Tue, Dec 18th, 2018 by Saurenergy The objective of the MoU as described in the press release, “is to define the modalities of discussions concerning, in particular, the future collaboration.” The Union Cabinet chaired by Prime Minister Narendra Modi has approved a memorandum of understanding (MoU) between India and France in the domain of renewable energy. The MoU was signed between […] Read more
