IESA Welcomes GST Rate Cut on Li-Ion Batteries Updated On Thu, Jul 26th, 2018 by Saurenergy The GST Council’s move came after the recognition of the need to enhance the energy storage industry and its related segments. India Energy Storage Alliance (IESA) has welcomed the GST council’s reduction of goods and services tax (GST) for Lithium-Ion Batteries from 28 percent to 18 percent. The GST Council’s move came after the recognition […] Read more
NIWE Installs LiDAR for Offshore Wind Resource Assessment at Gulf of Khambat Updated On Fri, Jul 20th, 2018 by Saurenergy In order to be competitive, developers are encouraged to deploy most advanced technologies. The National Institute of Wind Energy (NIWE), an autonomous institution under the Ministry, has installed a remote sensing instrument- LiDAR for assessment of offshore wind resource at Gulf of Khambat, off the Gujarat Coast. The Power and New & Renewable Energy Minister, […] Read more
NIWE, has installed a remote sensing instrument- LiDAR for assessment of offshore wind resource at Gulf of Khambat, off the Gujarat Coast Updated On Thu, Jul 19th, 2018 by Saurenergy Developers are encouraged to deploy most advanced technologies IREDA, a non-banking financial institution under the Ministry has conducted studies with foreign assistance during the last three years and current year Most of renewable energy projects in the country are being implemented by the private sector developers selected through a transparent bidding process. In order to […] Read more
Industry Splits on DGTR’s Proposed Imposition of Safeguard Duty Updated On Wed, Jul 18th, 2018 by Saurenergy Safeguard duty is bound to ensure an even playing field for both domestic and imported products, says Sunil Rathi. The solar industry has divided into two parts after the Directorate General of Trade Remedies (DGTR) has recommended, recently, imposition of safeguard duty for two years on imports of solar cell from China and Malaysia. It […] Read more
One Rupee Increase in Tariffs in Latest Solar Auction Updated On Thu, Jul 12th, 2018 by Saurenergy The latest solar auction for 1000 MW held by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) saw the winning tariffs at Rs 3.48-3.55 per unit. From the record low of Rs 2.44 per unit, the solar power tariffs have risen by more than one rupee in the latest auction. Those from the industry say […] Read more
Marshall Islands Keen to Join International Solar Alliance Updated On Wed, Jul 11th, 2018 by Saurenergy The Union Minister of State (MoS) for Human Resource Development Upendra Kushwaha is on an official two-day visit to the RMI. This is the first ever Ministerial visit from India to Majuro, RMI. In order to tap the power of solar energy, the Republic of Marshall Islands (RMI) has expressed its willingness with India […] Read more
PE/VC Inflows Surged by 46 Percent in First Half, Cross $15 Billion, Says Report Updated On Tue, Jul 10th, 2018 by Saurenergy The report stated that the period saw as many as 36 large deals worth USD 11.5 billion, which were mostly buyouts, making such deals the highest ever at USD 4.9 billion, or 32 percent of all investments received. The funds from the private equity (PE) and venture capitalists (VCs) have surged by 46% in the first […] Read more
Andhra Solar Park Projects Saw Lowest Bid at Rs 2.7 Per Unit Updated On Mon, Jul 9th, 2018 by Saurenergy Although the real auction took place last week, the reverse auction for 2,000 MW capacity discovered tariff of Rs 2.44 per unit. Under the reverse auction process, the companies backed by the financers from around the globe have seized the tenders to build 750 MW of solar power projects in Kadapa in Andhra Pradesh. The […] Read more
ABB Wants to Expand Factories, Cater to Railways’ Demand Updated On Fri, Jul 6th, 2018 by Saurenergy The company said it spends about USD 100 million on its business in the country every year, ABB India Managing Director Sanjeev Sharma said here. In order to expand their portfolio ABB India, a power and automation technology firm, is looking to expand its facilities to cater to growing demands from railways and also increasing focus on renewable energy space. […] Read more
