India May Fall Short of its 100 GW Solar Ambitions: Wood Mackenzie Updated On Fri, Feb 8th, 2019 by Saurenergy India’s installed grid-connected power generation capacity increased 4 percent from January to October 2018 to reach 347 GW. India may fall well short of its 100 GW solar by 2022 target as it faces short-term uncertainty due to the imposition of various taxes, according to research and consultancy firm Wood Mackenzie. Renewables accounted for 9.7 […] Read more
Modi Dedicates 220 kV Srinagar-Leh Transmission Line to the Nation Updated On Mon, Feb 4th, 2019 by Saurenergy The implementation of the project was aimed to supply power to the people of Ladakh round the year and further the evacuation of surplus power of Kargil & Leh Hydel stations of NHPC in summers. Prime Minister Narendra Modi while inaugurating various development projects in Leh and Ladakh during his recent visit, dedicated the 220 […] Read more
New Aspirations with New Year! Updated On Thu, Jan 24th, 2019 by Saurenergy The New Year 2019 is ready to be kicked off with all new power promises and aspirations with the rising of the new sun. Everybody in the solar industry is also expecting that this New Year will achieve far greater milestones as compared to the previous year. They also hope, the New Year will bring […] Read more
World’s Largest Solar Plant to Come Up in Ladakh Updated On Mon, Jan 14th, 2019 by Saurenergy A land accustomed to thousands of travelers every year to witness the breathtakingly beautiful landscapes and the predominantly chilly weather will soon be known for being home to the world’s largest single-location solar photo-voltaic plant. The Solar Energy Corporation of India (SECI) has come out with ambitious plans promoting solar PV projects in Jammu and […] Read more
Growth of Indian Solar Capacity Slowing Down: Experts Updated On Mon, Dec 31st, 2018 by Saurenergy According to Bridge To India’s latest report, India’s total solar capacity touched 27.4 GW by the end of September 2018. India’s solar capacity which had been witnessing a continual growth over the last four year took a slump in 2018 because of policy challenges and struggles in execution of the projects. Vinay Rustagi, Managing Director […] Read more
GST on Renewable Products Slashed to 5% Updated On Mon, Dec 24th, 2018 by Saurenergy Prior to this clarification, solar power developers were paying tax at the rate of 18% which had become a sticking point in the industry. Solar Industry is in a state of relief after the GST council clarified that the devices and parts related to renewable energy will be taxed a 5% while the services related […] Read more
CERC Offers Relief to Welspun Energy in a Case with SECI Updated On Thu, Dec 20th, 2018 by Saurenergy WEPL had petitioned for an extension for the commercial operating date for 72 MW of grid-connected solar photovoltaic projects. In a relief to Welspun Energy Private Limited (WEPL), Central Electricity Regulatory Commission (CERC) has issued an order stating that land procurement delay on government’s part will be treated as Force Majeure (unavoidable circumstance). WEPL had […] Read more
Wintery Breath Clouding The Sunny Solar Sky! Updated On Wed, Dec 19th, 2018 by Saurenergy Winter has already approached and the month of December is also knocking our doors. Before we plan for Christmas and New Year holidays, I reckon, this is the perfect time to look back on the past one year journey of our solar industry and do some analysis on it. This New Year not only brews […] Read more
MNRE Again Amends Guidelines for Viability Gap Funding Updated On Wed, Dec 12th, 2018 by Saurenergy Earlier, SECI had the power to delay the project by three months in such situations and any extension beyond three months had to be approved by the ministry. The ministry of New and Renewable energy has yet again amended the guidelines which it issued earlier regarding setting up of solar parks of more than 2 […] Read more
