No Need to Lower GST Rates for the Growth of Solar Power in India: Piyush Goyal Updated On Fri, May 19th, 2017 by Saurenergy The GST Council has finalized 18 percent of rate for solar panels in its three-day meeting in Srinagar. Piyush Goyal, Power, Coal, Renewable Energy and Mines Minister has said that the government does not need lower tax rates to ensure the growth of solar power sector in India. Goyal was talking in the context of […] Read more
India is eyeing cooperation with African nations on the ISA Updated On Fri, May 19th, 2017 by Saurenergy “India would seek to leverage this occasion to further deepen her economic cooperation with the African countries. India is also looking forward to cooperation with Africa on the International Solar Alliance (ISA) initiative” India is eyeing cooperation with African nations on the International Solar Alliance (ISA) initiative and looking forward to deepen economic cooperation during […] Read more
International Finance Corporation to Invest 40 Million Dollars in Tata Cleantech Capital to Promote Renewable Energy Projects Updated On Wed, May 17th, 2017 by Saurenergy World Bank’s private-sector arm will use the money raised through green bonds to financing environment-friendly Renewable Energy Projects. International Finance Corporation is planning to invest up to $40 million in Tata Cleantech Capital Ltd’s (TCCL) green bond issue to help the company expand long-term environment-friendly infrastructure funding. The money raised through green bonds will be […] Read more
Odisha CM seeks intervention of PM for early set up of National Institute of New Energy in the state Updated On Wed, May 17th, 2017 by Saurenergy Odisha government has allocated about 73.86 acres of land free of cost near IIT, Bhubaneswar for the construction of the proposed National Institute of New Energy (NINEI), the Ministry of New and Renewable Energy is yet to take possession of the land and start construction of the building Odisha Chief Minister Naveen Patnaik has sought […] Read more
Foxconn and SoftBank to Bring World’s Cheapest Solar Power in India Updated On Sat, May 13th, 2017 by Saurenergy SBG Cleantech Ltd., the clean-energy joint venture between Japan’s SoftBank Group Corp., India’s Bharti Enterprises Pvt. and Taiwan’s Foxconn Technology Group quoted 2.45 rupees to scoop up the 300 MW solar power project. Companies led by SoftBank Group Corp. of Japan and Taiwan’s Foxconn Technology Co. Ltd. are bringing India some of the cheapest solar […] Read more
Ripple effect of India’s energy shift visible globally Updated On Fri, May 12th, 2017 by Saurenergy The Indian government’s striking policy shift towards renewable energy sources — away from more expensive and polluting fossil fuels — is a strong global endorsement of the country’s leadership,” Tim Buckley, Director at the Cleaveland-based Institute for Energy Economics and Financial Analysis (IEEFA) said India’s solar tariffs have fallen 40 per cent in just 16 […] Read more
d.light Join Hands with Microfinance Institutions to Provide Solar Energy in Kenya Updated On Thu, May 11th, 2017 by Saurenergy Low-income earners in Kenya can now access solar energy through d.light Partnership with Microfinance Institutions Off-grid solar solutions provider d.light has signed a new partnership with micro lender Musoni to enable low income consumers in Kenya to access solar energy at affordable prices. More than 47 million households in Africa and Asia have no electricity […] Read more
Renewable energy in key markets will see global power investment reach $443.5 billion in 2017: Frost & Sullivan Updated On Thu, May 11th, 2017 by Saurenergy Frost & Sullivan notes that solar photovoltaic (PV) will be the fastest growing segment, followed by wind power, accounting for 37.5 percent and 21 percent of global investment, respectively, by 2020. Continued regulatory support for renewable energy in key markets will see global power investment reach $443.5 billion in 2017 said Frost & Sullivan in its report. […] Read more
Solar Power and Biometric Based ATM Being Developed for Rural India Updated On Thu, May 4th, 2017 by Saurenergy Science and Technology Ministry has discussed the launch of two pilot prototypes of Solar Power and Biometric Based ATM in a rural bank. As reported in IANS, Union Science and Technology Minister Harsh Vardhan told that a Solar Power and Biometric Based ATM have been developed by Indian scientists for rural areas. He further mentioned […] Read more