Jinko Solar’s Q2 Net Profit Jumps 2653% QoQ Updated On Tue, Sep 4th, 2018 by Saurenergy Jinko Solar’s net profit has shown an increase of 2653 percent over the previous quarter and 109 percent over the Q2 of 2017. Solar module shipments and revenues of Jinko Solar for Q2 of 2018 increased 38.7% sequentially to 2,794MW, mainly driven by continuous demand and new product launches. Significantly, Jinko Solar’s net profit has […] Read more
DEGER, KAVITSU Group Sign Joint Venture to Make Solar Trackers Updated On Tue, Sep 4th, 2018 by Saurenergy The joint venture with KAVITSU Group has marked DEGER’s debut in the Indian solar market. World’s leading solar tracking systems provider, DEGER Energie and Maharashtra based gear drives manufacturer, KAVITSU Group India have entered in a joint venture (JV) to developing solar tracking systems. The joint venture with KAVITSU Group has marked DEGER’s debut in […] Read more
India’s Solar Race toward Next Decade Updated On Tue, Sep 4th, 2018 by Saurenergy Buoyed by the quite impressive performance of India’s renewable energy sector and especially in the solar space in recent years, the Government of India took a daring move and revised its ambitious renewable energy targets from 175 GW to 227 GW by 2022. Following the move, it also aimed to auction 40 GW of renewable […] Read more
Gov’t Cuts Component Manufacturing Requirement to Prevent High Tariff Bids in Solar Tender Updated On Mon, Sep 3rd, 2018 by Saurenergy The government has also brought down the maximum permissible tariff rate for the solar tender to Rs 2.75 per unit from an earlier cap of Rs 2.93. In a bid to attract healthy number of developers in a recent solar auction and prevent higher tariff bids from the bidders, the government has reduced the component […] Read more
Orissa HC Hearing on ‘Solar Safeguard Duty Case’ on Sept’ 19 Updated On Thu, Aug 30th, 2018 by Saurenergy The new hearing date manifestly shows that the safeguard duty is yet to be implemented on the solar imports from China and Malaysia. Nearing the safeguard duty verdict, Orissa High Court has set September 19th, 2018 as the next date for the hearing of ‘Safeguard Duty on Solar Imports Case’. Coming as a historic wrestle […] Read more
India Beholds Lowest-Ever Solar Tariff Rates in MP’s 35MW Solar Rooftop Tender Updated On Wed, Aug 29th, 2018 by Saurenergy MPUVNL tender for 35 MW grid-connected rooftop solar power project was rolled out under global Renewable Energy Service Company (RESCO) tenders with participation from 31 reputed developers. India witnessed a breakthrough in solar industry in the form of lowest-ever tariff rate of Rs. 1.58 per unit of power bid in Madhya Pradesh’s 35 MW solar […] Read more
MNRE Seeks Upper Ceilings for Solar Tariffs Updated On Wed, Aug 29th, 2018 by Saurenergy MNRE has asked the Solar Energy Corporation of India to follow the ‘maximum permissible tariff rule’ for capping the solar tariffs at Rs. 2.5 and Rs. 2.6 per unit respectively for both categories. Ministry of New and Renewable Energy (MNRE) has sought on the recommendations of advisers of National Solar Mission (NSM) an upper ceiling […] Read more
Global Experts on Solar, Storage Called on by PM Modi for Inputs on Affordable Solar Power for All Updated On Tue, Aug 28th, 2018 by Saurenergy Further, the discussion theme was based on the role of the Indian diaspora in capacity building for affordable solar power. In a bid to provide a further boost to the country’s renewable drive, the global experts from the solar and storage industry were called on by the Prime Minister Narendra Modi seeking their valuable suggestions […] Read more
Viz-A-Viz with Saurabh Bhandari, Founder & CEO, SolarMaxx Updated On Mon, Aug 27th, 2018 by Saurenergy Q. To begin with can you give our readers a brief overview of SolarMaxx including the vision behind its formation and its current role in the market? SolarMaxx, established in 2008, is a leading manufacturer and supplier of high efficiency Solar PV Modules suitable for utility scale power plants as well as rooftop solar. SolarMaxx […] Read more