Budget 2018: Smart Cities Mission Gets Hike of 50 Percent Updated On Fri, Feb 2nd, 2018 by Saurenergy 99 smart cities have been selected with an outlay of Rs 2.04 lakh crore. These cities have started implementing the smart cities mission and about Rs 2,350 crore worth of projects have already been completed. Finance Minister Arun Jaitley in the Budget 2018 has proposed an over 50 percent increase in the allocation for smart cities […] Read more
JA Solar Partners with Manitu Solar to Expand Presence in Eastern European Markets Updated On Fri, Feb 2nd, 2018 by Saurenergy JA Solar accounts for approximately 10% of the solar market globally. We have over 20 regional offices and facilities across the globe, providing solar products to more than 100 countries. JA Solar Holdings Co., Ltd announced that it has formed a partnership with Manitu Solar, a leading PV distributor in Hungary to expand its reach […] Read more
Budget 2018: Reactions From the Solar Industry Updated On Thu, Feb 1st, 2018 by Saurenergy Jaitley in his budget 2018 speech proposed that the duty on solar tempered glass or solar tempered [anti-reflective coated] glass for the manufacture of solar cells, panels, modules be reduced from 5 percent to zero. The Budget 2018 presented by Finance Minister Arun Jaitley has proposed to eliminate the import duty on components that […] Read more
Pacifico Energy Raises 15.5 Billion Yen for Its First Solar Fund Updated On Thu, Feb 1st, 2018 by Saurenergy Pacifico plans to launch additional renewable energy funds in the future incorporating a pipeline of its own developed solar projects and carefully chosen external solar assets. Pacifico Energy K.K. has announced it has successfully completed the launch of its first solar investment fund. The Fund will be comprised of 5 Japanese solar power plants totaling […] Read more
Ireda and Rumsl Join Hands for Large-Scale Solar Parks in Madhya Pradesh Updated On Thu, Feb 1st, 2018 by Saurenergy Out of the total power proposed to be generated at Rewa solar park, 24% has been agreed to be purchased by Delhi Metro Rail Corporation and balance 76% by Madhya Pradesh Power Management Company Ltd ( MPPMCL). Indian Renewable Energy Development Agency Limited (IREDA) and Rewa Ultra Mega Solar Limited (RUMSL) signed an agreement today […] Read more
Domestic Manufacturers Hoping of a Favorable Budget 2018 Updated On Thu, Feb 1st, 2018 by Saurenergy Currently, importing machinery and manufacturing equipment incur a heavy duty, compared to the duty-free import of finished products like Solar PV modules. As the administration keeps on the significance of the expanded appropriation of the sustainable power source, the power area seeks after a truly necessary push to domestic equipment manufacturers in the current year’s Union Budget. […] Read more
Global Electric Vehicles Market to Grow at a CAGR of 28.3% (in Volume) From 2017 to 2026 Updated On Thu, Feb 1st, 2018 by Saurenergy According to a market research report by BIS Research, titled “Global Electric Vehicles Market – Analysis and Forecast (2017- 2026)”, the global electric vehicles market is estimated to grow in volume at a CAGR of 28.3% from 2017 to 2026. The demand for electric cars is increasing rapidly, with the global stock numbers crossing 2 […] Read more
Dipti Swain Joins Azure Power as General Counsel Updated On Thu, Feb 1st, 2018 by Saurenergy Dipti has a number of publications to his credit in various national and international journals and is visiting faculty at law schools. Azure Power, a leading independent solar power producer in India, announced the appointment of Dipti Swain as the General Counsel of Azure Power. Swain comes on board with 12 years of diversified work […] Read more
Mission Solar Energy Ramping up 2018 Production Updated On Wed, Jan 31st, 2018 by Saurenergy The Texas-based manufacturing plant is currently hiring additional employees to take the production line operations to a 24/7 schedule. Mission Solar Energy has announced that they are ramping up production to meet product demands for 2018. Since the launch of its new product line targeting commercial and residential projects in the first quarter of 2017, […] Read more