SECI Invites Expression of Interest to set up 20 GW Solar PV Manufacturing Facility Updated On Wed, Dec 20th, 2017 by Saurenergy Under the EOI, SECI will gather information on the feasibility of such floating projects and prospective developers to help its forming of the call for bids for various capacities. Solar Energy Corporation of India (SECI) has invited an expression of interest (EoI) from prospective manufacturers to set up an integrated solar manufacturing facility in India. […] Read more
China’s Longi Plans Solar Equipment Manufacturing Facility in India Updated On Thu, Dec 14th, 2017 by Saurenergy The plan to set up a factory in India by LONGi, the world’s largest monocrystalline solar wafer maker, comes in backdrop to Union government’s proposal to make it mandatory for firms to have local manufacturing capability to bid for the world’s largest solar tender of 20 gigawatts (GW). LONGi Green Energy Technology Co. Ltd is […] Read more
GST Increases Cost of Solar Projects by 12 Percent, Says AISIA Updated On Wed, Dec 13th, 2017 by Saurenergy Under the current GST regime, “solar power cost will see upward escalation”, the All India Solar Industries Association said. The Goods and Services Tax (GST) has led to 10-12 percent rise in overall cost of solar projects, the All India Solar Industries Association has said, while petitioning the government against the rise in tax incidence […] Read more
Solar Panel Warranty Insurance Policy Introduced by ICICI Lombard Updated On Wed, Dec 13th, 2017 by Saurenergy The park developers and park owner will be the sole beneficiary as insured, which the Solar Panel Warranty Insurance aims to cater at large. Solar park developers can now be covered by ICICI Lombard General Insurance, the company recently announced. While announcing the company stated “The standalone insurance product gives comfort to lenders and investors […] Read more
Intersolar India 2017: 241 Exhibitors, 13000 International Visitors Participated Despite Rainfall Updated On Wed, Dec 13th, 2017 by Saurenergy Intersolar is eager to help the government to reach the ambitious goal of 175 GW of green energy by 2022. Intersolar India opened the doors to a total attendance of more than 13,000 solar and energy storage experts at the Bombay Exhibition Center in Mumbai with even 10 percent more than the expected visitor numbers. […] Read more
INDIA Marches Ahead Updated On Wed, Dec 13th, 2017 by Saurenergy As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […] Read more
RK Singh Comes to Rescue Solar Projects From Uncertainty of Anti-dumping Duty Updated On Wed, Dec 6th, 2017 by Saurenergy Extending his support to the industry, the minister mentioned while the decision on anti-dumping duty on solar imports is still undeclared. The Minister of power, new and renewable energy RK Singh commented that the new bidders and the existing solar energy projects should be protected from the uncertainty of antidumping duties on import of low […] Read more
Patanjali Ayurved to Foray Into Solar Power Equipment Manufacturing Updated On Tue, Dec 5th, 2017 by Saurenergy Patanjali Ayurved, which started its operations in 2006, has an impressive growth rate with increasing its revenue more than five times. After excelling in consumer goods products market, Patanjali Ayurved Ltd, owned by Baba Ramdev is all set to foray into the manufacturing of solar power equipments. This will be the company’s first exposure to […] Read more
Trina to Invest $500 Million in Indian Solar Industry Updated On Mon, Dec 4th, 2017 by Saurenergy The company has purchased a land near Visakhapatnam to set up a manufacturing plant to produce solar cells and module of capacity of more than 1GW in 2015. The world’s largest solar panel developer, Trina Solar is vying to pump in $500 million of investments in India if the profits are in favor. The […] Read more