ADB and PNB sign $100 million loan to finance Solar Rooftop projects Updated On Fri, Jun 2nd, 2017 by Saurenergy PNB will use the ADB funds to make further loans to various developers and end users to install rooftop solar systems. The Asian Development Bank (ADB) and the Punjab National Bank (PNB) recently signed a $100 million loan to finance large solar rooftop systems on industrial and commercial buildings throughout India. The loan will be […] Read more
DONALD LEO, Jinko Solar | Managing Director of Asia South | Country Manager for India Updated On Tue, May 30th, 2017 by Saurenergy Q. How significant is the Indian market for JinkoSolar? Please give us an overview of the company’s India ope-rations and product offerings? 2017 is going to be a significant year for India’s Solar market with a strong pipeline of approximately 14 GW of utility scale projects underway. Out of this, 7.7 GW of capacity is expected […] Read more
Tata Power Solar Revenue Doubles to Rs 2262 Crore in 2 Years Updated On Tue, May 30th, 2017 by Saurenergy Tata Power Solar has ramped up its business by focusing on building state of art technology, engineering and strengthening on customer & employee satisfaction. Tata Power Solar has announced that its revenue has increased by more than 2.5 times in just two years to reach Rs 2,262 crore. The company said it has ramped up […] Read more
All solar equipments and its parts including panels, cells and modules would be taxed at 5% under GST Updated On Tue, May 30th, 2017 by Saurenergy The government is planning to bring down GST rate on solar panels or modules to around 5 per cent as against 18 per cent declared earlier. The government’s recent announcement of 18% tax rate under the new indirect tax regime for solar module was the biggest surprise for the power and renewable sector. Looking into […] Read more
Solar Power Juggernaut Will Keep Rolling Despite Higher Taxes Under GST Updated On Sat, May 27th, 2017 by Saurenergy According to a list of 1,211 items released after the meeting of the GST Council, which comprises finance ministers of all the states of the Union, “Photosensitive semiconductor devices; including solar photovoltaic cells, whether or not assembled in modules or made up into panels”, will be charged at a rate of 18 Goods and Services […] Read more
CleanMax Solar signs MoU with Hitachi High-Tech to jointly offer high-end rooftop solar solutions Updated On Fri, May 26th, 2017 by Saurenergy CleanMax Solar and Hitachi High-Tech aims to enable Japanese corporates in India to adopt green energy practices by providing them solar power in a low-risk, economical and reliable manner Energy solutions provider CleanMax Solar has signed a memorandum of understanding (MoU) with Hitachi High-Technologies Corporation (Hitachi High-Tech) to jointly offer high-end rooftop solar solutions to […] Read more
Chhatrapati Shivaji Terminus Annexe Building to Use Solar Power Updated On Tue, May 23rd, 2017 by Saurenergy The CST Annexe Building solar power plant and other passenger amenities were inaugurated by Railway Minister Suresh Prabhu. The administrative wing of Chhatrapati Shivaji Terminus (CST) building will now meet a fraction of its power requirement through solar power. Railway Minister Suresh Prabhu inaugurated the CST solar plant along with a host of other passenger […] Read more
Kolkata Howrah Railway Station to Install Rooftop Solar Power Updated On Mon, May 22nd, 2017 by Saurenergy It is expected that 50 to 60 percent of the power demand at Howrah station will be met through Rooftop Solar Power. Howrah railway station is set to go green with the installation of three megawatt rooftop solar panels on platform sheds. “We are executing a three megawatt rooftop solar project for eastern railway at […] Read more
No Need to Lower GST Rates for the Growth of Solar Power in India: Piyush Goyal Updated On Fri, May 19th, 2017 by Saurenergy The GST Council has finalized 18 percent of rate for solar panels in its three-day meeting in Srinagar. Piyush Goyal, Power, Coal, Renewable Energy and Mines Minister has said that the government does not need lower tax rates to ensure the growth of solar power sector in India. Goyal was talking in the context of […] Read more
