Will GST Slowdown India’s Solar Power Juggernaut? Updated On Tue, Sep 19th, 2017 by Saurenergy The Government’s recent announcement of 18% tax rate under the new indirect tax regime for solar module was the biggest surprise for the power and renewable sector. Looking into the uproar and dissatisfaction in the industry the government seems to have changed its plan and working on settling the incongruities in the new regime. The […] Read more
State distribution companies (discoms) are biggest obstacle on open access for solar power Updated On Fri, Sep 8th, 2017 by Saurenergy Open access (OA) was one of the main components of the Electricity Act (2003), introduced in an effort to attract private investment in the electricity generation sector, thereby encouraging competition. There is an increasing opportunity to innovate in solar markets in India thanks to the rapidly declining price of photovoltaics (PV). While large-scale ground-mounted solar […] Read more
Jinko inks Financial Agreement for 1.17GW Project in Abu Dhabi Updated On Fri, Sep 8th, 2017 by Saurenergy JinkoSolar Holding during signing ceremony held at the Emirates Palace, announces the financial agreements for the debt and equity funding for the Sweihan Solar PV Independent Power Project (the “Project”). The agreement was signed by the Abu Dhabi Water and Electricity Authority (“ADWEA”), Sweihan Solar Holding Company Limited (“Sweihan”), a joint venture between JinkoSolar and […] Read more
Meet The New Power Minister who stepped into big shoes of Piyush Goyal Updated On Tue, Sep 5th, 2017 by Saurenergy 26 years down the line he is sitting in the same BJP camp, Singh has stepped into the big shoes of Piyush Goel as power minister. From stopping Somnath to Ayodhya Rath Yatra, arresting LK Advani as a district magistrate on the orders of former Bihar Chief Minister Lalu Prasad Yadav in 1990 and as […] Read more
Startup Opportunities in Solar pv Updated On Fri, Sep 1st, 2017 by Saurenergy Two key words that I would like to start: “startups” and “Rs.2.44/unit”. These have caught the attention of every educated citizen in the country. The first, for the opportunity of utilizing ones ideas and potential of doing something great; the other being the lowest tariff quoted in this month in solar PV under reverse bidding. […] Read more
How falling solar tariffs are shaping the solar future of India’s 100GW goal Updated On Wed, Aug 30th, 2017 by Saurenergy The technology chapter of solar energy is aerobicized, the growing efficiencies and advance solar cells is aggrandizing operation regardless of robust conditions. In the case of India, the valiant figures of solar integration are extolling and cementing new charts of growth. This unequivocally qualifies the international and national players to proliferate and also aggressively dive […] Read more
MNRE issues guideline Tariff Based Competitive Bidding Process to increase affordability of Solar Power Updated On Mon, Aug 28th, 2017 by Saurenergy The guideline for Tariff Based Competitive Bidding Process has been issued by MNRE under the provisions of Section 63 of the Electricity Act, 2003 for long term procurement of electricity by the ‘Procurers’ Ministry of New & Renewable Energy (MNRE) has issued Guidelines for tariff based competitive bidding process for procurement of power from grid connected […] Read more
MNRE Drafts New Guidelines on Solar Power Procurement Updated On Wed, Aug 23rd, 2017 by Saurenergy Prepared by the MNRE, the new guidelines cover the grid-connected solar PV power projects with a size of 5 mw and above, and will help in reducing off-takers’ risks, encourage investments, enhance bankability of projects and improve profitability for investors. The government has implemented new rules for buying power from grid-linked solar power projects through […] Read more
D. E. Shaw Renewable Investments Acquires Cuyama Solar Project from First Solar Updated On Fri, Aug 18th, 2017 by Saurenergy The project, which was developed by First Solar, is currently under construction, with completion anticipated by the end of 2017. Power from the project is expected to be supplied to Pacific Gas & Electric (PG&E) under a 25-year power purchase agreement (PPA) starting in January 2019 D. E. Shaw Renewable Investments has acquired 40 Megawatt […] Read more