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
Boost to India’s renewable energy plan as China steps-up investment in solar Updated On Fri, May 19th, 2017 by Saurenergy “Chinese investments in Indian coal projects have been declining. At the same time, Chinese investments in India on solar projects are slowly increasing,” India is treading a strong renewable energy path post-Paris Agreement as it witnesses a step-up in Chinese investments in solar energy. Additionally, there’s a significant slowdown in Chinese investments in thermal power […] Read more
India is eyeing cooperation with African nations on the ISA Updated On Fri, May 19th, 2017 by Saurenergy “India would seek to leverage this occasion to further deepen her economic cooperation with the African countries. India is also looking forward to cooperation with Africa on the International Solar Alliance (ISA) initiative” India is eyeing cooperation with African nations on the International Solar Alliance (ISA) initiative and looking forward to deepen economic cooperation during […] Read more
ADB Issues Green Rupee-Linked Bond to Support Renewable Energy in India Updated On Thu, May 18th, 2017 by Saurenergy ADB’s green rupee-linked bond to support renewable energy in India carries a 6.00% interest rate with a 3.75-year maturity, falling due in February 2021. The bonds, which are denominated in Indian rupees but settled in US dollars, were underwritten by JP Morgan and TD Securities as Joint Lead Managers The Asian Development Bank (ADB) has […] Read more
India moved up to the second spot from third position in renewable energy attractiveness index Updated On Tue, May 16th, 2017 by Saurenergy India continued its upward trend in the index to second position with the government’s programme to build 175 GW in renewable energy generation by 2022 and to have renewable energy account for 40 per cent of installed capacity by 2040. India has moved up to the second spot from third position in this year’s ‘Renewable […] Read more
Solarpack Raises USD$104 Million in Financing for Solar Power Projects in Chile and India Updated On Tue, May 16th, 2017 by Saurenergy Six solar power projects in India has received $69 million through an Indian financial entity, while a group of Chilean banks has financed three of the Solarpack’s Chilean Small Means of Distributed Generation projects for $35 million. Solarpack has raised a total of USD$104 million for nine solar power projects in Chile and India. A […] Read more
Tata Power Solar and Dell India Have Built India’s Largest Vertical Solar Farm Updated On Mon, May 15th, 2017 by Saurenergy The first of its kind, India’s Largest Vertical 120kV Solar Farm has been built on Dell’s Bengaluru campus. The plant will produce enough energy to light-up its entire cafeteria and basement parking. Tata Power Solar, India’s largest integrated solar company, and Dell International Services India Pvt. Ltd. have together built India’s largest vertical solar farm […] Read more
Foxconn and SoftBank to Bring World’s Cheapest Solar Power in India Updated On Sat, May 13th, 2017 by Saurenergy SBG Cleantech Ltd., the clean-energy joint venture between Japan’s SoftBank Group Corp., India’s Bharti Enterprises Pvt. and Taiwan’s Foxconn Technology Group quoted 2.45 rupees to scoop up the 300 MW solar power project. Companies led by SoftBank Group Corp. of Japan and Taiwan’s Foxconn Technology Co. Ltd. are bringing India some of the cheapest solar […] Read more
Arctech Solar Tops the GTM Asia-Pacific PV Tracker Market Share List, Also Leads Indian and Chinese Markets in 2016 Updated On Fri, May 12th, 2017 by Saurenergy Arctech Solar’s sales volume has increased dramatically in 2016, and the company has also been adjusted No.1 leader in China and India with a total market share of 30% in Asia-Pacific PV tracker market. According to the recent Global PV Tracker Landscape 2017 report published by GTM Research, Arctech Solar, a leading manufacturer and solution […] Read more
