GST to increase solar tariffs, boost domestic manufacturing and jobs: CEEW Updated On Wed, Feb 15th, 2017 by Saurenergy Key contributors to the increase in solar tariffs, as a result of GST, would include increase in operations and maintenance cost, panel costs, and financing costs. According to a study released by the Council on Energy, Environment and Water (CEEW),India’s emerging solar sector could see tariffs rise by nearly 10% if current tax exemptions were […] Read more
Madhya Pradesh Shows Solar Power Is Here To Stay And Make Significant Contributions To The Country’s Energy Mix Updated On Wed, Feb 15th, 2017 by Saurenergy Assuring developers of risk mitigation in terms of electricity offtake, by Rewa Ultra Mega Power Limited (a joint venture of Solar Energy Corporation of India Limited and Madhya Pradesh Urja Vikas Nigam Limited), also contributed to the drop. The solar revolution in India marches on, with renewed momentum, if the recently concluded reverse bidding auction […] Read more
Solar Power To Feed 7,000 Railway Stations: Arun Jaitely Updated On Wed, Feb 1st, 2017 by Saurenergy “It is proposed to feed about 7,000 stations with solar power in the medium term. A beginning has already been made in 300 stations. Works will be taken up for 2,000 railway stations as part of 1000 MW solar mission” Finance Minister, Arun Jaitely presenting Union Budget 2017 announced that 7000 railways stations in the […] Read more
El Salvador Awards Solar PV Project at 4.955¢ Per Kilowatt-Hour Updated On Tue, Jan 31st, 2017 by Saurenergy El Salvador, a small Central American nation awards solar PV power projects at competitive tariffs rates A small Central American country giving competition to a renewable energy giant like India in solar PV power tariff bids does not seem quite right, but this is indeed true in the case of El Salvador. According to media […] Read more
Solar players expect tax incentives in budget, uncertainty over GST remains Updated On Tue, Jan 31st, 2017 by Saurenergy According to Solar players’ continuation of appreciated depreciation, a financial incentive, along with concessional interest rates and use of Rs 54,000 crore National Clean Energy Fund could be crucial to achieve country’s ambitious target. Amid uncertainties over the impact of Goods and Services Tax (GST) and Make in India programme being affected by falling prices […] Read more
NEXTracker, CleanMax Partners Eyes Big at Indian Solar Tracker Market Updated On Mon, Jan 23rd, 2017 by Saurenergy Extensive plans to foray into the Indian solar market, also partners with CleanMax for 30 MW grid-connected solar project Pinning the potential of trackers in the Indian solar industry, NEXTracker today shared a comprehensive overview on their current and future plans for India. The American single-axis major has also inked strategic partnership with CleanMax Solar […] Read more
World Bank with ISA launches Global Solar Atlas Updated On Sat, Jan 21st, 2017 by Saurenergy The Global Solar Atlas was funded by the Energy Sector Management Assistance Program (ESMAP), a multi-donor trust fund administered by the World Bank, and was commissioned in collaboration with the International Finance Corporation (IFC) to ensure relevance to both public and private sector stakeholders The World Bank with International Solar Alliance (ISA), launched the Global […] Read more
India as a solar power bright spot helps fill Japan, China slowdown Updated On Fri, Jan 20th, 2017 by Saurenergy India is expected to double up its solar power capacity outpacing once-booming Japan India may be a bright spot for global solar power markets this year as it adds capacity at a record pace, becoming one of the top regions for panel producers struggling with rock-bottom prices. India is expected to add nearly twice as […] Read more
NEXTracker, CleanMax Solar partners to Deliver Solar Power in Tamil Nadu Updated On Thu, Jan 19th, 2017 by Saurenergy The grid-connected solar power project will deliver energy to a major IT consumer in Chennai, under a long-term contract with CleanMax Solar NEXTracke has partnered with CleanMax Solar to supply 30 MW of its advanced NX Horizon single-axis trackers to a project in Tamil Nadu. The grid-connected solar power project will deliver energy to a […] Read more
