India Plans Rs 11,000 Crore Aid To Support Domestic Solar Cell Manufacturing Updated On Mon, Dec 18th, 2017 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released a concept note of a proposal that aims to provide a 30 percent subsidy for setting up new solar plants and expanding the existing ones. India plans to boost solar module manufacturing by providing Rs 11,000 crore direct support along with concessions to cut reliance […] Read more
Europe Moves to Grow Green Economy at Paris Climate Meeting Updated On Thu, Dec 14th, 2017 by Saurenergy European leaders in Paris called for a sector-by-sector approach to investments that makes good use of the single market in the European Union. Commemorating the Paris climate agreement, European leaders said they are committed to establishing the bloc as the destination for green development. European and international delegates are in Paris for a series of […] Read more
Acme Cleantech Solutions Approaches Madras High Court for Levied Import Duty Updated On Fri, Dec 8th, 2017 by Saurenergy In its petition, Acme said that customs officials were not following the proper procedure in making their revised assessments. The Madras High Court was approached by a solar power developer named Acme Cleantech Solutions filing a petition against Chennai port customs officials accusing them of charging import duties on panels and modules by categorizing them […] Read more
Goa’s New Solar Power Policy Sets Target to Generate 150 MW of Power by 2021 Updated On Thu, Dec 7th, 2017 by Saurenergy The policy includes a unit of capacity of up to 100KV of power and is divided into three categories said the chief minister. Goa Chief Minister, Manohar Parrikar approved the much needed solar power policy according to which the state will target to generate 150MW of energy by 2021. Parrikar also announced the policy to […] Read more
Solar Business: Greenlight Planet Raises $60 Million led by Apis Partners Updated On Wed, Dec 6th, 2017 by Saurenergy Greenlight Planet will use the new debt and equity capital to expand its solar-energy product lines, distribution networks, and financing capabilities in Africa and Asia Renewable energy firm Greenlight Planet Inc has raised $60 million in a funding round led by London-based private equity fund manager Apis Partners. The debt and equity round, which was […] Read more
Solar Energy Scheme for small powerloom units will get Rs. 2.5 lakh Subsidy per unit Updated On Mon, Nov 27th, 2017 by Saurenergy The scheme will enable to repay the bank loans in a span of 3 to 4 years. Solar energy scheme for small units of powerlooms was announced by the Ministry of Textiles in regards with on-grid solar PV plant (without battery backup) and off-grid solar PV plant (with battery backup) in which a subsidy of […] Read more
First Solar Signs Deal with Obton to Provide 19MW of Solar Modules in the Netherlands Updated On Tue, Nov 14th, 2017 by Saurenergy First Solar Modules will be powering two solar plants in the municipality of Stadskanaal, the Netherlands. The world’s biggest thin film solar module manufacture, First Solar has signed a 19MW module supply deal for projects with Denmark-based Investment and Management Company specialized in renewable projects Obton. First Solar Modules will be powering two solar plants […] Read more
International Solar Alliance to Become a treaty-based Legal Entity on December 6 Updated On Tue, Nov 14th, 2017 by Saurenergy 44 countries have already signed the ISA treaty, and many more are set to join. International Solar Alliance (ISA), the India-headquartered grouping of 121 nations for promotion of solar energy, will become a treaty-based international intergovernmental organization on December 6 this year, according to Interim Director-General, Upendra Tripathy. Speaking at a curtain raiser for the […] Read more
Curtain Raiser Event held for the Founding Ceremony of International Solar Alliance in Bonn, Germany Updated On Tue, Nov 14th, 2017 by Saurenergy A Curtain Raiser Event for the Founding Ceremony of the International Solar Alliance (ISA) was held at Bonn, Germany yesterday. Speaking at the event, Shri Anand Kumar, Secretary, Ministry of New and Renewable Energy, Government of India hoped that, in the spirit of affirmative action, developed countries will earmark a percentage of Overseas Development Assistance […] Read more
