Odisha Government faces hurdle in acquiring land for 1000MW solar park Updated On Sat, Sep 3rd, 2016 by Saurenergy Unable to acquire a single patch of 5000 acres for its ambitious 1000 MW solar park, the state government of Odisha is now looking for alternative different spaces in clusters to develop the proposed solar park. The chief secretary has asked the Odisha Industrial Infrastructure Development Corporation (IDCO), state’s nodal agency for land acquisition, to […] Read more
SMA to showcase new products and PV solutions at SPI 2016 Updated On Sat, Sep 3rd, 2016 by Saurenergy SMA is gearing up to showcase its brand new products and solutions at Solar Power International show in Las Vegas, September 12-15. The company notes that its booth will be filled with brand new products and solutions, including: Sunny Boy-US: SMA’s expanded line of Sunny Boy-US inverters with Secure Power Supply will be on display […] Read more
USAID collaborates with GE to improve standards in Indian solar industry Updated On Sat, Sep 3rd, 2016 by Saurenergy The US Agency for International Development (USAID) has announced to fund and promote research in partnership with the General Electrics to improve standards in the Indian solar industry. This is one of the 49 projects selected by USAID’s US Global Development Lab today that would receive a total of USD 10 million to address critical […] Read more
Solar Installations in India to Reach 4.8 GW in 2016: Mercom Capital Updated On Fri, Sep 2nd, 2016 by Saurenergy Mercom Capital Group in its quarterly update on the Indian solar market revealed that solar installation in India will reach 4.8GW in calendar year 2016. The solar project pipeline in India is now approximately 21 GW, with 14 GW under development and 7 GW scheduled to be auctioned. India has reached 2.8 GW in solar […] Read more
21 Lakh Solar Renewable Energy Certificates remained unsold till the IEX’s August trading session Updated On Fri, Sep 2nd, 2016 by Saurenergy Around 21 lakh solar renewable energy certificates and another 73 lakh non-solar renewable certificates have piled up, remaining unsold till the August trading session of Indian Energy Exchange. It is estimated that only 22K solar certificates and 1.36 lakh non-solar certificates were sold in the session. Solar certificates were sold at Rs. 3500 per certificates […] Read more
NEXTracker delivers India’s largest solar tracker plant for 105 MW PV project in Punjab Updated On Fri, Sep 2nd, 2016 by Saurenergy NEXTracker, a Flex company, announced today it has delivered its award-winning PV technology to India’s largest solar tracker power plant, in collaboration with its customer, Adani Power Ltd. Located in the State of Punjab, the project is 105 MW and is already 50% installed and commissioned. This is the first phase of a strategic agreement between […] Read more
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
ABB India inaugurates new state of the art factory, doubles solar inverter manufacturing capacity Updated On Thu, Sep 1st, 2016 by Saurenergy ABB India, the power and automation technology major, inaugurated a new solar inverter manufacturing facility in the city. The facility is set to double the solar inverter manufacturing capacity of the company. The factory was inaugurated by Sanjeev Sharma, CEO and Managing Director, ABB India and Robert Itschner, Global Managing Director for Power Conversion, ABB […] Read more
Ujaas Energy seeking for shareholders’ approval to raise Rs 500 crore Updated On Thu, Sep 1st, 2016 by Saurenergy Ujaas Energy is looking for shareholders’ approval to raise Rs 500 crore through issuance of equity or equity-linked instruments. “It is proposed to raise funds of upto Rs 500 crore in one or more tranches through a mix of equity/equity-linked instruments..securities,” Ujaas Energy Ltd said in the notice of its annual general meeting, scheduled on […] Read more
