Mytrah Energy reports USD 362.23mn in revenue Updated On Wed, Jun 14th, 2017 by Saurenergy The renewable power producer Mytrah Energy entered into PPAs for 140 MW of solar power capacity, bringing the total to 422 MW AC in Telangana, Punjab and Karnataka Renewable energy company Mytrah Energy Ltd. announced its full year results for the year ended 31 December 2016. The company reported full year revenues of USD 362.23mn, […] Read more
Aurora Solar Introduces Financial Analysis to Solar Design and Sales Platform Updated On Tue, Jun 13th, 2017 by Saurenergy Aurora’s commercial financial analysis allows installers to compare the returns of any cash, lease, loan, or PPA financing option. Aurora Solar Inc. has added financial analysis to its commercial suite. The company it touting it as industry’s only all-in-one solar design and sales platform for residential and commercial PV systems. Al-Karim Lalani, Lead Engineer of […] Read more
Major ports slipping up on renewable energy targets and also pointing to the problems Updated On Wed, Jun 7th, 2017 by Saurenergy The ports, coming under the Shipping Ministry, have been able to commission only 22.66 MW of solar and wind energy projects, less than 15 per cent of the target given in October 2015 India’s overall goal for green energy in the country is an ambitious 175 gigawatts (GW) by 2022. Each of the ministries has […] Read more
SunPower Partners Help 10 Massachusetts Schools Reduce Energy Costs with High-Efficiency Solar Systems Updated On Mon, Jun 5th, 2017 by Saurenergy Solect Energy and Green Street – members of SunPower’s national dealer network – have developed two high-efficiency SunPower solar systems that will provide electricity to 10 Massachusetts schools. Ranked seventh among U.S. states for the most solar capacity, Massachusetts is adding 6.9 megawatts to its 1,487 megawatts of solar currently installed and operating. Solect Energy […] Read more
GST rate on solar panel indicates grid parity: Anurag Garg-VP, Schneider Updated On Mon, Jun 5th, 2017 by Saurenergy Five percent tax being levied comes as a big reprieve to the solar sector, as against the earlier classification of 18 percent said Anurag Garg, Vice President – Schneider Electric India. In lieu of the tax rate on solar panels being fixed at five percent under the forthcoming Goods and Services Tax (GST), industry players […] Read more
GST Arrests the Slide and May Lead to a Temporary Standstill in Demand: Guru Inder Mohan Singh, Director & COO, Amplus Solar Updated On Sat, Jun 3rd, 2017 by Saurenergy Since Discom supply rates have not been impacted by GST, attractiveness of solar would reduce, and hence private demand, and specifically distributed solar would be impacted said Guru Inder Mohan Singh, Director & COO, Amplus Solar 1. Share your views on GST, how the new Goods and Services Tax rates impact clean energy drive in […] 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
JinkoSolar completes Financial Agreements for 1,177 MW Sweihan PV Power Project in Abu Dhabi Updated On Thu, May 25th, 2017 by Saurenergy The agreements were signed by Abu Dhabi Water and Electricity Authority (ADWEA) and Sweihan Solar Holding Company Limited (“Sweihan”), a joint venture between JinkoSolar and Marubeni Corporation (“Marubeni”), and a syndicate of international and local banks. JinkoSolar has announced that in a signing ceremony held at the Emirates Palace, the financial agreements for the debt […] Read more
Power Ministry Proposes Compensation for Grid Curtailment, to Benefit Renewable Energy Sector Updated On Wed, May 24th, 2017 by Saurenergy “If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure a favourable operational environment for renewable energy projects. It will also be positive for wind and solar energy developers,” The government has proposed a compensation mechanism for existing renewable energy projects, which will protect the […] Read more
