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
University of Virginia, Dominion Energy and Coronal Energy Announce Ambitious Solar PV Project Updated On Fri, Jul 21st, 2017 by Saurenergy As part of a 25-year agreement, the University of Virginia will purchase the entire output of a proposed solar PV project. Coronal Energy will develop the project, while Dominion Energy will construct and own the installation. The University of Virginia continues to expand its portfolio of carbon-free generation and achieve key sustainability targets with another […] Read more
Tata Power Solar Leads in EPC Rooftop Business for Four Years in a Row Updated On Mon, Jul 17th, 2017 by Saurenergy Tata Power Solar installed nearly 140 MW of solar rooftop projects and 605 MW of utility scale projects within the year. Tata Power Solar, India’s largest integrated solar player,has been ranked #1 EPC rooftop solar player in the recently published India Solar Rooftop report 2017by BRIDGE TO INDIA, a leading cleantech consulting and knowledge services […] Read more
Envision Energy Launches Energy IoT and Smart City Technology Alliance Updated On Sat, Jul 15th, 2017 by Saurenergy Envision with its world-leading EnOS IoT platform, aims to unify the distributed and fragmented renewable energy space with innovations that marry digital and energy disciplines. Envision Energy, a leading global smart energy solution provider, announced today an open-platform alliance that connects energy pioneers and technology innovators to help accelerate the clean energy transition through digitalization. […] Read more
CleanMax Solar Announces Equity Financing of USD 100 Million from Warburg Pincus Updated On Fri, Jul 14th, 2017 by Saurenergy The investment will enable CleanMax Solar to pursue additional growth opportunities beyond India, and provide next generation solutions to the customers through a combination of rooftop solar and energy storage. CleanMax Solar, India’s largest rooftop solar developer for the corporate sector, today announced that it has secured equity financing of up to USD 100 million […] Read more
Tailoring Solar Power for Textile Industry Updated On Fri, Jul 14th, 2017 by Saurenergy The Indian Textile Industry has always been amenable in adapting newer and more efficient technologies. Electricity is most necessary input that mill needs today and it has always remained area of concern in this segment. Textile industry has been early adopter of renewable energy in India and has contributed largely in the growth of clean […] Read more
8minutenergy and Capital Dynamics Announce 328 MW Mount Signal 3 Solar Project Updated On Wed, Jul 12th, 2017 by Saurenergy Third phase of Mount Signal Solar Farm, among the largest PV projects worldwide, will be developed by 8minutenergy and owned by Capital Dynamics. 8minutenergy Renewables, the largest independent solar power developer in the U.S., and global private asset manager Capital Dynamics, has announced the acquisition and development of the 328 megawatt-DC Mount Signal 3 (“MS3”) […] Read more
Tata Power Solar Commissions 3 MW Solar Power Plant at Noamundi Updated On Mon, Jul 10th, 2017 by Saurenergy The 3 MW Solar Power Plant is the first solar plant will help in reducing CO2 emission by about 3000 tonnes per annum. With due consideration towards Tata Steel’s initiatives towards reducing carbon footprint, a 3 MW Solar PV Power Plant has been commissioned at Noamundi. This is the 1st Solar Power Plant in any […] Read more
Solar and Wind to be Cheapest Source of Power Generation by 2030 Updated On Sat, Jul 8th, 2017 by Saurenergy With the G20 summit underway in Hamburg today, the study carried out by Greenpeace Germany said in about half of the G20 countries, renewable energy has been cheaper or equal in price to electricity generated from dirty coal or hazardous nuclear power plants since 2015. Wind energy and solar power will be the cheapest form […] Read more