MNRE Extends Commissioning Date of GST Affected Solar Projects Updated On Thu, Jun 21st, 2018 by Saurenergy The extension to the project developers was provided by the Solar Energy Corporation of India (SECI), National Thermal Power Corporation (NTPC), and other implementing agencies. After the frictions faced by multiple developers due to the imposition of Goods and Services Tax (GST) and other related issues, the Ministry of New and Renewable Energy has issued […] Read more
Govt. Extends Deadline for Completion of Solar Power Projects Updated On Wed, Jun 20th, 2018 by Saurenergy Earlier, the deadline for commissioning projects was 15 months with a relaxation of one year for land acquisition delays. The solar power projects that have been bid out under the tariff-based reverse auctions are given extension in their deadlines by the Ministry of Power. The relaxations have been offered under the amendment to the guidelines […] Read more
BMTC Plans to Create New Revenue Model, Generate Solar Power Updated On Fri, Jun 15th, 2018 by Saurenergy We have had talks with a few solar project developers. The corporation has also written to Bescom and Karnataka Electricity Regulatory Commission (KERC). In order to create a new revenue model and continuing with its core business of running public transport, Bengaluru Metropolitan Transport Corporation (BMTC) is contemplating to generate solar power. In the city of […] Read more
GCL New Energy Inks PPA for 110 MW Solar Project in Colorado Updated On Fri, Jun 15th, 2018 by Saurenergy Further, this project is located on 611 acre site 35 miles east of Denver, Colorado where the land is flat and has good irradiance. Clean energy conglomerate GCL Group arm GCL New Energy has inked a long-term power purchase agreement (PPA) with Intermountain Rural Electric Association (IREA) for its Pioneer 110 MW greenfield project in Colorado. Further, this […] Read more
Duty Concerns, ISTS Issues May Delay Solar Auctions Updated On Mon, Jun 11th, 2018 by Saurenergy NTPC deferred auction of 2,000 MW of solar capacity to the first week of June. However, the state-run power giant did not auction even in the first week of this month. Amid ambiguity about the imposition of 70 percent safeguard duty on solar equipment, there is an apprehension that solar auctions would be dragged further. […] Read more
Lower Incentives for Chinese Solar Developers to Benefit India, says ICRA Updated On Thu, Jun 7th, 2018 by Saurenergy Revision in feed-in tariff rates and imposition of installation caps for solar power projects by the Chinese government is expected to negatively affect the demand for solar modules in China. Credit rating agency ICRA said that the reduction in subsidies for solar energy projects in China will benefit Indian solar independent power producers (IPPs) with softer module prices. The agency said in a statement […] Read more
Difficult to Achieve 40 GW Solar Rooftop Installation by 2022: Experts Updated On Mon, Jun 4th, 2018 by Saurenergy The target of installing 100 GW of solar capacity by the government has to be achieved by 2022 and out of which the amount of energy that has to come up from rooftop projects is 40 GW. Due to the slow pace of the growth of solar rooftop segment, it would be very difficult for […] Read more
8minutenergy, NV Energy to Build Largest Solar Project in Nevada Updated On Fri, Jun 1st, 2018 by Saurenergy Although there are many large projects of NV Energy, the Eagle Shadow Mountain will be the largest solar PV project ever built for the company. This is a part of its latest renewable projects which in total are over 1 GW. In the Clark County of Nevada, NV Energy has chosen 8minuteenergy to develop 300-MW […] Read more
India Won’t Impose Safeguard Duty on Imported Solar Equipment Updated On Thu, May 31st, 2018 by Saurenergy The decision had different effects on solar players in the country. On the one hand it had delighted manufacturers while as on the other hand it alarmed developers about the steep rise in input costs. Overruling the directorate general of safeguards’ recommendation of 70% levy on imported solar equipment, the government has reversed the decision […] Read more
