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
No Payment for Solar Power Producers if No Land Title in Karnataka Updated On Wed, May 30th, 2018 by Saurenergy The National Solar Energy Federation of India wrote to Ministry of New and Renewable Energy that the developers are not being paid because they haven’t received clear titles to the land they acquired for the projects. Against the delaying of clearance of land acquisition, the solar energy developers have protested against the Karnataka government to […] Read more
SECI Issues 5 GW Tender for Solar PV Power Plants Linked with PPAs Updated On Mon, May 28th, 2018 by Saurenergy All the development of manufacturing units and the linked solar PV projects will be on the bases of build own operate (BOO) basis. Furthermore, SECI will enter into Power Purchase Agreement (PPA) with the successful Bidders selected based on this request for selection (RfS) for purchase of Solar Power for a period of 25 years […] Read more
Divergent Rulings Put Solar Companies in Dilemma Updated On Mon, May 28th, 2018 by Saurenergy To seek clarity on the matter the industry has knocked the doors of government. On the one hand, Maharashtra AAR in his two rulings have favored a GST rate of 18% which threats installations as a whole works contract. The solar industry has been thrown into confusion after divergent decisions form two separate Authority for […] Read more
MNRE Modifies Guidelines for Selection of Solar Park Developers Updated On Fri, May 25th, 2018 by Saurenergy The new amendments by the MNRE have also dropped the requirements under which the state government was obliged to buy 20% of the power from the distribution companies (DISCOMs). Thus it would no longer be required to get a commitment from the state government to buy at least 20% of the total power produced in […] Read more
