Solar Installations in India to Reach 4.8 GW in 2016: Mercom Capital Updated On Fri, Sep 2nd, 2016 by Saurenergy Mercom Capital Group in its quarterly update on the Indian solar market revealed that solar installation in India will reach 4.8GW in calendar year 2016. The solar project pipeline in India is now approximately 21 GW, with 14 GW under development and 7 GW scheduled to be auctioned. India has reached 2.8 GW in solar […] Read more
MNRE asks Channel Partners, SNAs, PSUs and Agencies to ensure Geotagging of all renewable Energy projects Updated On Fri, Sep 2nd, 2016 by Saurenergy Government of India has setup an ambitious target of installing I 00 GW of Solar Power by 2022, which include 40GW of grid connected rooftop solar (RTS). RTS sector has tremendous potential for generating decentralized and distributed solar power by utilizing the rooftop and vacant areas of industrial, commercial, residential, institutional, social and public buildings. […] Read more
Manufacturers of solar power equipment express concern over GST Updated On Thu, Sep 1st, 2016 by Saurenergy Solar equipment manufacturers have expressed concern over implementation of Goods and Service Tax (GST) that will possibly increase the cost of power projects and subsequently put higher tariffs burden on consumers. Speaking to PTI Surender Pal Singh, Chairman, Solar Energy Equipment Manufacturers’ Association of Telangana said “Currently the sector enjoys almost zero tax structure in […] Read more
ABB India inaugurates new state of the art factory, doubles solar inverter manufacturing capacity Updated On Thu, Sep 1st, 2016 by Saurenergy ABB India, the power and automation technology major, inaugurated a new solar inverter manufacturing facility in the city. The facility is set to double the solar inverter manufacturing capacity of the company. The factory was inaugurated by Sanjeev Sharma, CEO and Managing Director, ABB India and Robert Itschner, Global Managing Director for Power Conversion, ABB […] Read more
REI 2016 – The Countdown begins for South Asia’s Biggest Renewable Energy Trade Expo Updated On Wed, Aug 31st, 2016 by Saurenergy South Asia’s leading Renewable Energy Trade Expo by UBM India, Renewable India Expo 2016 (REI) to kick-off from September 7-9, 2016 at the India Expo Center, Greater Noida. Expected to congregate 40 participating countries, house over 650 exhibitor, 1000 + Delegates and attract over 25,000 visitors – in its flagship 10th anniversary of the event […] Read more
Solar Energy Sector Has Immense Potential to Grow Within The Next Few Years: Hiten Parekh, Sr. Vice President at Waaree Energies Limited Updated On Wed, Aug 31st, 2016 by Saurenergy Founded in 1989, WAAREE Energies Ltd is a flagship company of Waaree Group. The company has poised as a pioneer in the global solar energy space. To bring on context, the company flaunts India’s largest solar PV module manufacturing capacity of 500 MW. Waaree Energies is a broad presence across the solar value chain providing […] Read more
The banking system in India is not well developed compared to other countries: Gautam Mediratta, Manager-BD, Rays Power Infra. Updated On Wed, Aug 31st, 2016 by Saurenergy RPIPL is one of the snowballing EPC Companies of India. The company leverages Consulting-Engineering-Contracting-Commissioning services with practicing expertise in the renewable power plant and transmission industry. Gautam Mediratta, Manager-BD, Rays Power Infra takes us inside the Industry’s temporal lobe. What is stopping us from building a Truly Massive solar power plant in India when this […] Read more
ABB India to supply string inverters to electrify schools with solar in West Bengal Updated On Tue, Aug 30th, 2016 by Saurenergy ABB India, one of the leading power and automation technology company will play a crucial role in West Bengal government’s initiative for state-wide solar electrification of schools. The company supplies string inverters of various capacities for rooftop solar photovoltaic (PV) systems with Kolkata based Sunshine Power Products across government schools located in the state. The […] Read more
IFC to invest up to USD 125 mn in Hero Future Energies Updated On Fri, Aug 26th, 2016 by Saurenergy International Finance Corporation (IFC) has announced to invest up to USD 125 million with IFC Global Infrastructure Fund in Hero Future Energies. The USD 125 million of equity and proceeds will be used to fund the construction of solar and wind power plant projects. Hero Future Energies Pvt Ltd plans to have a total installed […] Read more