Solar Thermal Industry Seeks Replacement of 18% GST with 5% Updated On Fri, Jul 5th, 2019 by Saurenergy Before the introduction of Goods and Services Tax (GST) by the Government of India from 1st of July 2017, many taxes like VAT, Octroi, Service tax have been subsumed into a single tax of GST. The GST has merged under the heading Renewable energy devices & parts for their manufacture all of the earlier solar […] Read more
Rolec Provides Over 1,000 EV Charging Points for KIA UK Updated On Fri, Jul 5th, 2019 by Saurenergy Rolec EV has manufactured and supplied over 1,000 EV charging points for KIA Motors UK’s Head Office, dealership network and domestic EV customers. Rolec EV, one of Europe’s largest manufacturers of electric vehicle charging stations and equipment, has announced that it has manufactured and supplied over 1,000 electric vehicle charging points for KIA Motors UK’s […] Read more
MNRE Details Role of Discoms in 12 GW Solar CPSU Scheme Updated On Fri, Jul 5th, 2019 by Saurenergy MNRE has notified the role of DISCOMs to ensure the smooth implementation of the CPSU program for the development of solar projects worth 12GW. The Ministry of New and Renewable Energy (MNRE) has issued a notification regarding the modalities and role of distribution companies (DISCOMs) to ensure the smooth implementation of the second phase of […] Read more
Economic Survey: Emphasise on EVs, Supporting Policies to Reduce Total Ownership Cost Updated On Fri, Jul 5th, 2019 by Saurenergy The country must emphasise on EVs and appropriate policy measures to lower the overall lifetime ownership cost, according to the latest Economic Survey The country must emphasise on electric vehicles (EVs) as these represent the next generation in sustainable mobility and appropriate policy measures are needed to lower the overall lifetime ownership cost to make them […] Read more
Budget 2019: Solar Industry Seeks Quick Reforms from Modi 2.0 Updated On Thu, Jul 4th, 2019 by Saurenergy When the Narendra Modi-led National Democratic Alliance government was voted back to power in a landslide victory in the recently concluded general polls, expectations of the corporate world and especially from the renewable industry grew mile high from the Union Budget 2019 which will be presented on 5th July. Now with the continuation of the […] Read more
FAME II Scheme Funds 6 EV Charging Infrastructure Projects Updated On Thu, Jul 4th, 2019 by Saurenergy FAME II scheme completes funding of 6 Projects to support the creation of charging infrastructure in selected cities and along major highways to address range anxiety among users of electric vehicles Six projects for setting up of EV charging infrastructure have been funded under Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles —FAME II […] Read more
PFC Raises $ 300 Million Through Syndicated Loans Updated On Thu, Jul 4th, 2019 by Saurenergy PFC raises $ 300 million through a three-year syndicated loan from SBI, Honk Kong and MUFG Bank, Singapore. The Power Finance Corporation (PFC), a state-owned non-banking financial company (NBFC) that funds power sector projects has announced that it has raised $ 300 million through a three-year syndicated loan from the State Bank of India, Honk […] Read more
Innovation, Policy Revisions and Digitization are Escalating the Energy Transition Updated On Thu, Jul 4th, 2019 by Saurenergy Renewable energy technology advances, innovation and digitization are escalating the pace of the global energy transition, according to the latest EY research Renewable energy technology advances, innovation in storage and digitization and increased distributed energy generation are escalating the pace of the global energy transition, according to the latest EY research in collaboration with IDC. […] Read more
Hanergy Bags 400 MW Solar Project in DR Congo Updated On Thu, Jul 4th, 2019 by Saurenergy Hanergy has announced a strategic order for setting up a 400 MW solar power plants in Congo, the country’s first and largest solar power plant project, yet. Hanergy Thin Film Power Group has announced that it has secured a strategic order for setting up a 400 Megawatt (MW) solar photovoltaic power plants in the Democratic […] Read more
