Manufacturers of solar power equipment express concern over GST Updated On Thu, Sep 1st, 2016 by Saurenergy Solar equipment manufacturers have expressed concern over implementation of Goods and Service Tax (GST) that will possibly increase the cost of power projects and subsequently put higher tariffs burden on consumers. Speaking to PTI Surender Pal Singh, Chairman, Solar Energy Equipment Manufacturers’ Association of Telangana said “Currently the sector enjoys almost zero tax structure in […] Read more
Japan’s Solar Frontier signs MoU with Saudi Arabia for CIS thin-film solar panel production Updated On Thu, Sep 1st, 2016 by Saurenergy Showa Shell Sekiyu, along with 100% owned subsidiary company and the world’s largest CIS solar energy solutions provider, Solar Frontier, today announced that they had signed a Memorandum of Understanding (MoU) with Saudi Aramco and the Saudi Arabian National Industrial Cluster Development Program (NICDP). The MoU stipulates that all three companies along with the Saudi […] Read more
NLC India Limited commences work on 65MW solar power project at Neyveli Updated On Thu, Sep 1st, 2016 by Saurenergy NLC India Limited, India’s publicly-owned lignite mining and power generation company, also formerly known as Neyveli Lignite Corporation Limited has started construction activities at its third solar power project of 65 MW capacity at Neyveli. Chairman and Managing Director of NLC India Limited, Sarat Kumar Acharya formally kick-started the construction activities on the 65 MW […] Read more
AMTL bags solar PV work order for a multi-storey green building in Noida Updated On Wed, Aug 31st, 2016 by Saurenergy Advance Metering Technology Ltd (AMTL)- one of the fastest growing private players in the energy efficiency segment – today announced its foray into the EPC business segment with the award of work order for a multi-storey green building in Noida. AMTL will execute the project on turnkey basis. As part of the contract, the company […] Read more
Suresh Prabhu to inaugurate 160kWp solar Plant at Pune Railway Station Updated On Wed, Aug 31st, 2016 by Saurenergy Suresh Prabhu, the Indian Railway Minister will be inaugurating a new solar power plant at Pune’s railway station on 2nd September, 2016. The 160kWp solar plant will consist of 510 solar modules and string inverters. It is expected to meet 60% of total daytime power requirements. The plant will be generating about 600-650 units of […] Read more
Global smart solar market to grow at a CAGR of 15.22% during 2016-2022: Sandler Research Updated On Mon, Aug 29th, 2016 by Saurenergy Sandler Research in its latest report “Global smart solar market 2016-2022” forecasts global smart solar market to grow at a CAGR of 15.22% during the period 2016-2020. One of the key trends for market growth will be increasing demand for solutions and services due to advances in technology and components, such as smart meters, solar […] Read more
JinkoSolar Signs $25 Million Tradeline with Maybank Updated On Sat, Aug 27th, 2016 by Saurenergy JinkoSolar Technology SDN BHD (“JinkoSolar Malaysia”), a subsidiary of JinkoSolar Holding Co. has announced that it has signed a USD25 million combined tradeline agreement with Malayan Banking Berhad (“Maybank”). This financing will be used to support JinkoSolar Malaysia’s trade finance and working capital. “As the largest commercial bank in Malaysia, their tradeline will not only […] Read more
MNRE to introduce three new products under off grid and decentralized solar PV application scheme Updated On Fri, Aug 26th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) is gearing up to introduce three new products under off grid and decentralized solar PV application scheme. The ministry is also inviting comments on the new products which can be sent to [email protected] before 10th September. The three products include LED based street light, SPV based solar storages […] Read more
REC Solar appoints Matt Walz, a Duke Energy executive as chief executive officer Updated On Thu, Aug 25th, 2016 by Saurenergy REC Solar has announced the appointment of Matt Walz as chief executive officer. Walz has worked at Duke Energy for 12 years and joined REC Solar after serving on the company’s board of directors. Walz brings to REC Solar leadership experience in renewable energy, retail electric supply and wholesale generation. Building off his tenure as […] Read more
