ContourGlobal Adds 20MW of Operating Solar Plants in Italy to European Solar Business Updated On Thu, Aug 3rd, 2017 by Saurenergy The acquisition further expands ContourGlobal’s Italian power business and leverages the company’s existing Italian thermal and renewable operating platform consisting of high efficiency QuadGeneration facilities. ContourGlobal has signed an agreement for the acquisition of a group of companies owning 20MW of operational solar photovoltaic (“PV”) plants in Italy from ErgyCapital S.p.A. The plants, located in […] Read more
SOLAR AND PAPER INDUSTRY ALIGNED Updated On Wed, Aug 2nd, 2017 by Saurenergy The paper industry in India has become more promising as the domestic demand is on the rise. Increasing population and literacy rate, growth in GDP, improvement in manufacturing sector and lifestyle of individuals are expected to account for the growth in the paper industry of India. Notwithstanding, paper sector is one of the most energy-critical […] Read more
Hydrogen + Fuel Cells NORTH AMERICA to be Staged Alongside SPI 2017 Updated On Wed, Aug 2nd, 2017 by Saurenergy Exhibitors and leading industry experts will feature a comprehensive forum program, including company presentations and interviews at Hydrogen + Fuel Cells NORTH AMERICA trade show. The inaugural event for Hydrogen + Fuel Cells NORTH AMERICA will be held alongside the Solar Power International (SPI 2017) at the Mandalay Bay Convention Center in Las Vegas from […] Read more
P.P. Chaudhary inaugrates 200 KW solar rooftop PV plant commissioned by Jakson Group in Delhi Updated On Wed, Aug 2nd, 2017 by Saurenergy As part of the solar power project, Jakson, installed 669 solar modules of 310 watt manufactured at its solar module manufacturing plant in Greater Noida. Union Minister of State, Ministry of Law & Justice and Electronics & IT, P.P. Chaudhary on Tuesday inaugurated a 200 KW solar rooftop PV power plant installed and commissioned by […] Read more
EnSync Energy, Hawai’i Pacific University to build a 310 kW solar PV system on the rooftop of Aloha Tower Marketplace Updated On Wed, Aug 2nd, 2017 by Saurenergy EnSync Energy will build a solar installation at HPU’s Aloha Tower Marketplace, a mixed-use space featuring university student residences, community spaces, restaurants and shops. EnSync Energy has announced a 20-year PPA with Hawai’i Pacific University (HPU) to build a 310-kilowatt photovoltaic (PV) system on the rooftop of the Aloha Tower Marketplace in downtown Honolulu. Under […] Read more
Target set for rooftop solar by 2022 is ‘Unrealistic’: Parliamentary Panel Updated On Tue, Aug 1st, 2017 by Saurenergy The panel further said the Centre should give the scheme a “serious relook”, else, it will derail the target achievement of the National Solar Mission. A Parliamentary panel on Tuesday said that 40 GW target for rooftop solar by 2022 is “unrealistic” and it needs to be “reconsidered” reports PTI. “The Committee feels that the […] 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
IDFC Alternatives to Acquire First Solar’s India portfolio for Rs 1950 Crore Updated On Mon, Jul 31st, 2017 by Saurenergy IDFC infrastructure will acquire entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India for around $300 million. The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects […] Read more
Government Extends Projects deadline Granting Major Relief to the Solar Power Developers Updated On Mon, Jul 31st, 2017 by Saurenergy Developers had raised an alarm over a letter from the Ministry of New and Renewable Energy (MNRE) this month directing all states to strictly enforce deadlines for solar projects, eschewing extensions. The government has granted major relief to solar power developers, allowing deadlines for project development to be extended in cases where there were delays […] Read more