Luminous Aims at 35 Percent Business from Solar Power in Next 5 Years Updated On Wed, Jul 12th, 2017 by Saurenergy Luminous Power Technologies will be entering the business of solar power-based solutions for residential homes in next six months and is in talks with several lending companies to provide financing options of its solar-based solutions to customers. Luminous Power Technologies is expecting solar power business to contribute up to 35 per cent to its overall […] Read more
RaysExperts commissions 5.5 MW solar project for an Indian PSU Updated On Tue, Jun 20th, 2017 by Saurenergy Apart from this RaysExperts has also commissioned a 5.5 MW solar installation for Delhi Metro Rail Corporation. It also has major projects under NHPC, NDMC, SECI, and CPWD in the lineup. RaysExperts has announced the commissioning of its 5.5 MW solar project for an Indian PSU. The solar plant is projected to generate electricity worth […] Read more
Mytrah Energy reports USD 362.23mn in revenue Updated On Wed, Jun 14th, 2017 by Saurenergy The renewable power producer Mytrah Energy entered into PPAs for 140 MW of solar power capacity, bringing the total to 422 MW AC in Telangana, Punjab and Karnataka Renewable energy company Mytrah Energy Ltd. announced its full year results for the year ended 31 December 2016. The company reported full year revenues of USD 362.23mn, […] Read more
Vikram Solar hits 1GW solar module production capacity milestone Updated On Mon, Jun 12th, 2017 by Saurenergy Vikram Solar is planning to further increase the solar module production capacity to 2 GW by 2020. Indian solar module manufacturing giant Vikram Solar has announced that it has reached 1 gigawatt production capacity milestone. In doing so, the company is contributing to the Indian government’s target of reaching 100 GW of installed solar energy […] Read more
Solar Irrigating: Farmers not only selling excess power but also saving ground water Updated On Mon, Jun 5th, 2017 by Saurenergy Solar Pump Irrigators’ Cooperative Enterprise (SPICE), which began operating in May 2016, not only made a switch from diesel to solar pumps but also adopted net metering – selling excess power to the local electricity utility. Phodabhai Parmar, a 72-year-old farmer, sits on a charpai sipping tea as solar panels gleam in the fields behind […] Read more
All solar equipments and its parts including panels, cells and modules would be taxed at 5% under GST Updated On Tue, May 30th, 2017 by Saurenergy The government is planning to bring down GST rate on solar panels or modules to around 5 per cent as against 18 per cent declared earlier. 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 […] Read more
CONQUEST Acquires 6 Solar PV Parks in France from Solairedirect Updated On Thu, May 25th, 2017 by Saurenergy Solairedirect’s portfolio of six solar PV parks, located in the South of France, represents a total of 35MW power capacity. CONQUEST Asset Management has announced that it has reached a final agreement with Solairedirect, to acquire a portfolio of six solar PV parks in France. Solairedirect’s portfolio of six solar PV parks, located in the […] Read more
Solar Alliance Targets Massachusetts as First New Market under Crius Solar Origination Agreement Updated On Sat, May 20th, 2017 by Saurenergy “Solar Alliance’s core competency is sales and marketing. Partnering with Crius Solar allows us to maintain our high margins and reduce overhead costs associated with the installation process. We believe this model allows for aggressive growth while maintaining fiscal responsibility” Solar Alliance Energy Inc. signs Solar Origination Agreement with Crius Solar, LLC (“Crius Solar”), an […] Read more
Solar Photovoltaic Material Market to Reach US$ 19,607.5 Mn by 2024: Transparency Market Research Updated On Wed, May 17th, 2017 by Saurenergy Rise in demand for solar photovoltaic installation in the power industry is expected to drive the demand for solar photovoltaic material during the forecast period Transparency Market Research in its new report forecasts the global solar photovoltaic material market to reach US$ 19,607.5 Mn by 2024, expanding at a CAGR of 11.4% between 2016 and […] Read more
