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
GCL-SI Inks Cooperation Agreement with IBC SOLAR Updated On Thu, Jul 27th, 2017 by Saurenergy GCL System Integration Technology signs business partnership with IBC SOLAR in Germany, a global leader in photovoltaic (PV) systems and energy storage. It is a clear indication that GCL-SI is exploring the European markets by providing the local markets with its solar modules. Per agreement, GCL-SI will deliver 60 megawatt polycrystalline solar modules to the […] Read more
Chandigarh’s Solar Power Ambitions Hit Roadblock Updated On Thu, Jul 27th, 2017 by Saurenergy Solar projects of around 6 megawatt of the society, which is already struggling to meet the target of generating solar power set by central government, are hanging fire for want of mandatory NOC from the power department. UT electricity department’s stand not to issue no-objection certificates (NOC) for gross-meter solar power connections has put Chandigarh […] Read more
TMEIC Powers Up 350 Units of SOLAR WARE Inverters for SB Energy Holdings Limited Updated On Thu, Jul 27th, 2017 by Saurenergy TMEIC’s SOLAR WARE inverters are highly engineered utility-scale PV inverter with the most advanced multi-level switching technology, delivering high energy efficiency (98.7%), and a lower equipment footprint, thus leading to an unparalleled yield on customer investment. Bangalore-based TMEIC Industrial Systems India Pvt. Ltd. has successfully supplied 350 units of 1MW SOLAR WARE inverters to SB […] Read more
Tata Power Solar Spearheads Energy Generation Expansion for India’s Largest Car Port Updated On Tue, Jul 25th, 2017 by Saurenergy The grid-connected car port plant required high-level engineering and designing skills for assembling the massive car port structures. Tata Power Solar has announced commissioning of 2.67 MW of solar carport at Cochin International Airport. The project comprised of putting together 8472 solar panels on 27 carports spread over 20289.9 square meter of area. The entire […] Read more
Pimpri Municipal Corporation Building to Get 50kW Solar Power Updated On Tue, Jul 25th, 2017 by Saurenergy The Civic Administration of Pimpri plans to implement a 50kW solar power generation project, and has invited bids from contractors. The project cost is estimated at Rs. 48 lakh. The Civic Administration will be implementing a solar power generation project at the Pimpri Chinchwad Municipal Corporation building in Pimpri, in a bid to cut costs. […] Read more
UPPCL Issues Notice to Six Companies for Delaying the Installation of Solar Plant Updated On Tue, Jul 25th, 2017 by Saurenergy UP Power Corporation Limited (UPPCL) has issued the ‘Procure Preliminary Default’ notice to six companies, seeking cancellation of their agreement with the New Energy Development Authority (NEDA). The Uttar Pradesh government has issued notice to six private companies, including Adani Green Energy, for delay in setting up solar power plants in UP. The decision was […] Read more
Solar Power to Get Cheaper than Electricity Grid for Residential Sector in Next Two Years Updated On Tue, Jul 25th, 2017 by Saurenergy solar energy in India has already reached ‘grid parity’ in commercial, industrial and utility sectors, and soon solar power would be achieved in residential sector as well. In the next two years, solar power will be cheaper than the electricity grid in the residential sector, says solar energy provider SunSource Energy which has successfully implemented […] Read more
