Tumbling Solar Prices Starts Claiming Victims as Trina Reconsiders India Updated On Thu, Nov 30th, 2017 by Saurenergy Trina solar CEO says the Chinese company is reconsidering a planned India plant because prices there are now too low. The price of solar is tumbling across the world. And solar auctions are having their intended effect: Prices for developers are tumbling across Asia. While that’s good news for consumers, solar companies might have to […] Read more
World Bank’s IFC Funds CleanMax Solar with $15 Million Updated On Thu, Nov 30th, 2017 by Saurenergy IFC also invested $125 million in Hero Future Energies, Hero Group’s renewable arm against an undisclosed equity stake. A senior executive from rooftop solar company CleanMax Solar has announced that the firm which is currently backed by American private equity giant Warburg Pincus has recently secured $15 million of funding against equity capital from International […] Read more
Intersolar India Exhibition and Conference To Be Held From December 5-7, 2017 Updated On Wed, Nov 29th, 2017 by Saurenergy The event will have Special Exhibitions on Electrical Energy Storage and Power2Drive. Intersolar India Exhibition and Conference will open its doors in less than a week on December 5 -7, 2017 at the Bombay Exhibition Centre(BEC) in Mumbai, providing a platform for all industry professionals to meet, exchange, discuss challenges and solutions and promote the […] Read more
A 24MW Floating Solar Power Plant in Tuticorin to Be Setup By SPIC Updated On Wed, Nov 29th, 2017 by Saurenergy EDAC Engineering will be responsible to provide support for construction of the floating solar power plant. The Southern India Chamber of Commerce and Industry (SICCI) announced during a conference on ‘Climate change mitigation in manufacturing industries’, to set up a 24MW floating solar power plant to be built by Southern Petrochemical Industries Corporation (SPIC), a […] Read more
Sudden Imposition of Anti Dumping Duty Can Disrupt Ongoing Solar Projects, Renewable Ministry Cautions Updated On Mon, Nov 27th, 2017 by Saurenergy MNRE notification has cautioned Directorate General of Anti Dumping against imposing high solar duties Ministry of New and Renewable Energy (MNRE) has cautioned anti dumping authorities against imposing high duties on imported solar equipment on the grounds that this can increase tariffs, make several projects unviable and seriously hamper the growth of the sector. According […] Read more
Solar Energy Scheme for small powerloom units will get Rs. 2.5 lakh Subsidy per unit Updated On Mon, Nov 27th, 2017 by Saurenergy The scheme will enable to repay the bank loans in a span of 3 to 4 years. Solar energy scheme for small units of powerlooms was announced by the Ministry of Textiles in regards with on-grid solar PV plant (without battery backup) and off-grid solar PV plant (with battery backup) in which a subsidy of […] Read more
Government announces Trajectory to achieve its targets of commissioning 100 GW of Solar generating capacity and 60 GW of Wind power by 2022 Updated On Fri, Nov 24th, 2017 by Saurenergy Government to conduct Third Wind Power Auction of 2000 MW Capacity Power Supply Agreements signed by SECI with utilities of UP, Bihar, Jharkhand, Assam, Punjab, Goa and Odisha The Government today announced the trajectory for achieving its targets of commissioning 175 GW of Renewable Energy (RE), 100 GW of solar generating capacity and 60 GW […] Read more
Developers Using Sub-Standard Solar Equipment Will Be Blacklisted Says R K Singh Updated On Fri, Nov 24th, 2017 by Saurenergy If the sub-standard modules go beyond a certain tolerance limit, developers will be blacklisted. Raj Kumar Singh, Minister for Power and New and Renewable energy has said that the developers using sub-standard solar equipment beyond a certain tolerance limit will be blacklisted. In an interview with a newspaper, Singh who has also served as home […] Read more
Intersolar Exhibition 2017 to be held from December 5 to December 7 Updated On Thu, Nov 23rd, 2017 by Saurenergy Approx. 260 domestic and foreign exhibitors are showcasing their latest products and solutions. The Intersolar exhibition will witness over 100 industry experts from Indian and global solar and energy storage industries and policymakers along with over 500 delegates between December 5 to December 7, 2017 at the Bombay Exhibition Centre (BEC) Mumbai, India. Intersolar India […] Read more