Impact of GST on Solar and Coal Power in India Updated On Tue, Jul 16th, 2019 by Saurenergy In this report, the authors have analysed the impact of the Goods and Service Tax (GST) on the Solar sector vis-a-vis the coal sector. The analysis fills an important gap considering the high share of thermal power in the energy grid in India, as compared to the high hopes from Solar power going forward. Do […] Read more
Scatec Solar Commissions 66 MW Solar Plant in Malaysia Updated On Tue, Jul 16th, 2019 by Saurenergy Scatec Solar has commissioned its 3rd solar power plant in Malaysia, the 66 MW Merchang plant. It now has a total of 197 MW in operation in the country. Scatec Solar and partners have grid-connected its third solar power plant in Malaysia, the 66 MW (DC) Merchang plant. The company now has a total of […] Read more
Still Elusive: Jumpstarting Solar Manufacturing in India Updated On Tue, Jul 16th, 2019 by Saurenergy The government of Prime Minister Narendra Modi rarely misses an opportunity to highlight the success of its renewable energy push, when given an opportunity. And it has good reason to do so. Besides taking installed renewable capacity (wind +solar) from barely 25 GW to an estimated 70 GW plus till now, the government has also […] Read more
4.5 mn People in Africa to Benefit With Off-Grid Power by 2025 Updated On Mon, Jul 15th, 2019 by Saurenergy AfDB has approved an innovative financing program for DESCOs, which would see 4.5 million people in sub-Saharan Africa gain access to solar power by 2025. The Board of Directors of the African Development Bank (AfDB) Group has approved an innovative multinational financing program for Distributed Energy Service Companies (DESCOs), which would see 900,000 households in sub-Saharan […] Read more
Greenko Raises $824 mn in Equity Funding From GIC and ADIA Updated On Fri, Jul 12th, 2019 by Saurenergy Greenko has announced the signing of definitive agreements for a primary equity funding of $824 million from an affiliate of GIC and by the ADIA Hyderabad-based Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity funding of US$ 824 million, which includes a […] Read more
CapitaLand to Install 6 Rooftop Solar Plants in Singapore Updated On Tue, Jul 9th, 2019 by Saurenergy CapitaLand will partner with Sembcorp Industries to install about 21,240 rooftop solar panels atop six CapitaLand properties by end 2019. CapitaLand will partner with Sembcorp Industries to install about 21,240 rooftop solar panels atop six of its properties by end 2019. The installation will form the largest combined rooftop solar facility in Singapore by a […] Read more
Senvion Completes Installation of 546 MW in First Half of 2019 Updated On Mon, Jul 8th, 2019 by Saurenergy Senvion has successfully completed the installation of 546 MW in the first six months of 2019 and achieved 89% year on year growth compared to 2018. Senvion, a leading global manufacturer of onshore and offshore wind turbines has announced that it has successfully completed the installation of 546 MW in the first six months of […] Read more
Union Budget 2019: A Mixed Bag for the Solar Industry Updated On Sat, Jul 6th, 2019 by Saurenergy As expected from Modi Government 2.0, India’s first full-time woman Finance Minister Nirmala Sitharaman had few eggs in her basket for the renewables sector. Here’s how the key stakeholders of the solar industry, including policymakers, think tanks, leading private players have reacted to the government’s Budget for FY19-20: After the budget, Power Minister R. K. […] Read more
EDF Renewables Commissions 120 MW Solar Project in Mexico Updated On Fri, Jul 5th, 2019 by Saurenergy EDF Renewables Mexico has announced 119.6 MW Bluemex Power 1 Solar Project is fully operational and delivering electricity. EDF Renewables Mexico has announced that its 119.6 MW Bluemex Power 1 Solar Project (Bluemex) is fully operational and delivering electricity. Located on over 340 hectares near Empalme, Sonora, the project is comprised of photovoltaic (PV) modules […] Read more
