New Report from Navigant Research Sheds Light on Microgrid Projects Updated On Wed, Jan 2nd, 2019 by Saurenergy Since 2Q 2018, Navigant Research has identified more than 240 additional microgrid projects, representing over 1,239 MW. A new report from Navigant Research presents data on known grid-tied and remote microgrid projects in the planned, developing, and deployed stages across six geographies and seven microgrid segments. Since 2Q 2018,a Navigant Research has identified more than […] Read more
EESL Inks Pact for Rs 500 Cr First Long-Term Rupee Loan Updated On Wed, Jan 2nd, 2019 by Saurenergy The Punjab National Bank (PNB)-issued funds will be utilized by the company towards funding its capital expenditure for its flagship programmes including Street Lighting National Programme, Smart Meter National Programme, Solar Substation, and E-Mobility project. Energy Efficiency Services Ltd (EESL), a joint venture of PSUs under the Union Ministry of Power, has raised its first […] Read more
SPDA Demands Uniform GST Rate of 5% Updated On Mon, Dec 31st, 2018 by Saurenergy The total incidence of tax on the SPGS would increase to 8.9 per cent with implementation of the GST Council recommendations. The recently issued sigh of relief from the GST council which recommended 5% GST for almost 70% of solar products has come under ire just a week after GST council issuing its recommendations. The […] Read more
Sungrow Supplies Turnkey Soln for 35 MW Malaysian Project Updated On Sat, Dec 29th, 2018 by Saurenergy The project is known for the country’s first utility-scale PV plant which is equipped with smart monitoring system and set to address issues of energy shortage, efficiency and sustainability of Malaysia. One of the global leading inverter supplier for renewable, Sungrow has recently supplied a 35 MW solar project with it’s turnkey solution including Power […] Read more
PV System Commissioning – Perfection is The Key! Updated On Fri, Dec 28th, 2018 by Saurenergy Effective management of a solar PV plant could be divided into 3 distinctive steps i.e. Engineering Procurement & Construction (EPC), Commissioning and Operations & Management (O&M). EPC deals with the pre-construction and construction activities of the PV power plant. Commissioning is the process that starts along with the construction of plants and proceeds through PV […] Read more
35% Drop in Tariff After Commissioning Delay Updated On Fri, Dec 28th, 2018 by Saurenergy Waaneep had entered into a power purchase agreement with APSPDCL at a tariff of Rs 5.76/kWh for a 25 MW solar power project. The Andhra Pradesh Electricity Regulatory Commission has given its nod to an amendment in the existing Power Purchase Agreement which was drafted by Southern Power Distribution Company of Andhra Pradesh Ltd (APSPDCL). […] Read more
BP Sells 430 MW of Wind portfolio in the US Updated On Wed, Dec 26th, 2018 by Saurenergy BP Wind Energy will use the proceeds from the deal to fund technology upgrades elsewhere within its substantial remaining US wind portfolio. BP has sold three wholly owned wind facilities totaling 430 MW to funds managed by affiliates of Ares Management Corporation, with Bank of America Merrill Lynch serving as financial advisor to BP in […] Read more
Viz-A-Viz with Dr. Avishek Kumar, Director, Sunkonnect Updated On Mon, Dec 24th, 2018 by Saurenergy Q. To begin with, please tell our readers more about Sunkonnect and its offerings and key specialities? Sunkonnect is a global renewable energy management consulting firm based in Singapore. We work with system owners, developers, EPC players and manufacturers in making significant and longlasting improvements to their systems, products and processes. Our team has over […] Read more
GST on Renewable Products Slashed to 5% Updated On Mon, Dec 24th, 2018 by Saurenergy Prior to this clarification, solar power developers were paying tax at the rate of 18% which had become a sticking point in the industry. Solar Industry is in a state of relief after the GST council clarified that the devices and parts related to renewable energy will be taxed a 5% while the services related […] Read more