Around 69,784 MW of renewable energy capacity has been installed in the country as on 31.03.2018 Updated On Mon, Jul 30th, 2018 by Saurenergy Renewable energy installations in the country are progressively increasing and do not appear to be facing any major challenges Renewable energy sector in India is attracting companies from across the world In the year 2016-17, aggregate capacity of around 11,322 MW of renewable energy was installed in the country, and in year 2017-18, aggregate capacity […] Read more
Solar Industry Seeks Clear GST Rates on Solar Projects Updated On Mon, Jul 30th, 2018 by Saurenergy The solar industry association has written to the authorities after the Authority for Advance Rulings (AAR) upheld the rate to be at 18 percent and not 5 percent GST rates on Solar Projects. Solar Power Developers Association (SPDA) has sought clarity on the GST rates on solar projects from the solar policy makers, including important […] Read more
Over 1,500 Customers Apply for Duke Energy’s North Carolina Solar Incentives Updated On Sat, Jul 28th, 2018 by Saurenergy For an installation of 10 kW or less, the customers will receive a rebate of 60 percent per watt of solar energy production. More than 1,500 customers from North Carolina have applied to redeem incentives of Duke Energy’s Solar Rebate Program. The customers will receive incentives for installing private solar energy systems in first few […] Read more
Chennai-based Swelect to Produce Water from Solar Energy Updated On Sat, Jul 28th, 2018 by Saurenergy Hydro panels are solar cells-fitted panels that use air and sunlight to produce water. Adding to the advancement in solar energy segment, Chennai-based solar technology solutions vendor Swelect Energy Systems partnered with US-based Zero Mass Water to produce, install and sell hydro panels. Hydro panels are solar cells-fitted panels that use air and sunlight to […] Read more
UP Govt Cancels 1 GW Solar PV Projects Auction on Higher Tariffs Updated On Sat, Jul 28th, 2018 by Saurenergy The auction conducted by Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) saw a high tariff rate bidding by the participants and it will go for re-bidding. Weighed down by higher solar tariffs up to Rs 3.48 per unit, the Uttar Pradesh Government has decided to cancel the auction for 1 GW of […] Read more
Georgia Power Invites Bids for over 100 MW New Solar DG Projects Updated On Fri, Jul 27th, 2018 by Saurenergy The company has invited interested players to review the terms of the RFP and to submit detailed projects by August 15. Georgia Public Service Commission (GPSC) approved Renewable Energy Development Initiative (REDI) got another boost as Georgia Power has invited bids for more than 100 MW of new solar distributed generation (DG) projects. Georgia Power […] Read more
Punjab Gives Seal of Approval for Rs 100 Cr Renewable Projects Updated On Fri, Jul 27th, 2018 by Saurenergy The segment includes nine small hydro projects with the combined capacity of 5.55 MW worth around Rs 60 crore, one bio-CNG Project of Rs 17.50 crore and a bio-coal of around Rs 26.75 crore. The Punjab Government has approved Punjab renewable energy projects worth Rs 100 crore, the State Minister for Renewable Energy Sources Gurpreet Singh Kangar […] Read more
Tata Power Q1 Net Profit Jumps Four-Fold to Rs 1,735 Cr Updated On Fri, Jul 27th, 2018 by Saurenergy Consolidated revenue rose by 16 percent at Rs 7,139 crore as compared to Rs 6,166 crore last year. Country’s one of the leading integrated power company, Tata Power has reported a four-fold jump in its consolidated net profit after tax at Rs 1735 crore during the first quarter of FY19, helped by exceptional gain from […] Read more
Waaree Energies Becomes Largest Solar Panel Maker in India Updated On Fri, Jul 27th, 2018 by Saurenergy The new facility underlines the company’s commitment towards the Government’s ambitious target of 225 GW of renewable energy by 2022 and its vision for Make in India. Waaree Energies has become the country’s largest solar panel manufacturer with the launch of the 1 GW plant in Vapi, Gujarat, taking its manufacturing capacity to 1.5 GW. […] Read more
