Cabinet approves Initial Public Offer of Indian Renewable Energy Development Agency Limited Updated On Wed, Jun 7th, 2017 by Saurenergy The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to: (a) issue 13,90,00,000 fresh equity shares of Indian Renewable Energy Development Agency (IREDA) of Rs.10 each to the public on book-building basis through the IPO; (b) issue shares to retail investors and IREDA employees at a […] Read more
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
CHANCES & CHALLENGES RELATED TO EPC Updated On Sat, May 27th, 2017 by Saurenergy As the world moves towards the sustainable development, India looks to optimize its energy mix with minimum carbon footprints. India is in the midst of a momentous leap in terms of the proposed use of solar power as part of its overall renewable energy mix. India with its 100GW of solar energy target by 2022 is […] 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
EXPO Solar 2017 – The Best Solar Business Platform that Represents Growing Solar Power in Asia Updated On Thu, May 25th, 2017 by Saurenergy Companies from 25 countries will participate in EXPO Solar 2017 to be held in South Korea, and the exhibition is expected to create new solar business for major solar countries. EXPO Solar 2017 (www.exposolar.org), the representative solar exhibition in Korea that creates new solar business for major solar countries such as Korea, China and Japan, […] Read more
Vietnamese Province Green-Lights $35 Million Solar Energy Plant Updated On Thu, May 18th, 2017 by Saurenergy The 30 MW solar energy plant is being developed as a joint venture between local energy companies Song Lam Investment & Construction and Song La Energy JSC, and is being entirely domestically-funded, with a total investment of VND800 billion (US$35 million). Vietnam’s north-central province of Thanh Hoa is set to build a new 30 MW […] Read more
Global Solar Investment to be higher than Coal, Gas and Nuclear Combined in 2017: Frost & Sullivan Updated On Wed, May 17th, 2017 by Saurenergy Lower project costs and continued regulatory support for renewable energy in key markets will see global renewable power investment reach $243.1 billion in 2017, with solar photovoltaic (PV) the fastest growing segment, followed by wind power – by 2020 non-hydro renewables will account for 65% of global power investment Frost & Sullivan forecasts the global solar investment to […] 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