Renewable Sources Contribute Over 40% to Germany’s Public Net Electricity Generation in 2018 Updated On Tue, Jan 8th, 2019 by Saurenergy Based on the production figures, solar energy showed the largest growth at 16 percent, ahead of wind energy with 5.4 percent growth. Researchers at the Fraunhofer Institute for Solar Energy Systems ISE have just released their annual assessment on the net electricity generation for Germany’s public power supply in 2018. Based on the production figures, […] Read more
Vibrant Gujarat to See RE Deals Worth Rs 50,000 Cr Updated On Mon, Jan 7th, 2019 by Saurenergy Gujarat Power Corp Ltd, owned by the Gujarat government, will be laying the foundation stone for one of the biggest solar power park. The 9th edition of the Vibrant Gujarat Global Summit 2019 (VGGS) which is happening from January 18th to 20th, 2019, is expected to witness investment commitment of a massive Rs 50,000 crore […] Read more
Texas Can Be Free of Coal, Study Finds Updated On Fri, Jan 4th, 2019 by Saurenergy Texas could meet a significant portion of its electricity demand from renewable power without investing much into extensive battery storage. Texas is the state from where the USA started its journey of oil, turns out it is also the place where wind and solar energy can provide power round the clock, a new research has […] Read more
Rajasthan Amends Net Metering Regulations Updated On Thu, Jan 3rd, 2019 by Saurenergy The regulations will be enforced after its notification in the official gazette and specifically deliberates upon “Energy Accounting and Settlement”. Bringing clarity to the renewable energy framework for grid interactive small solar power plants and solar rooftop installations, The Rajasthan Electricity Regulatory Commission has amended the state’s net metering regulations. The regulations will be enforced […] Read more
Sembcorp Signs Deal with Cache Logistics for 7.9 MW Rooftop Plant Updated On Wed, Jan 2nd, 2019 by Saurenergy When fully installed in mid-2019, the system is expected to produce over 9,400 megawatt hours of power annually. Sembcorp Industries and Cache Logistics Trust have announced the signing of a solar power agreement for the installation and operation of rooftop solar farms at three logistics warehouses in Singapore owned by Cache. Sembcorp will install, own […] 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
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
3,217 Million US$ received as FDI in Renewable Energy Sector Updated On Thu, Dec 27th, 2018 by Saurenergy Renewable Energy Capacity reaches about 74GW as on 30/11/2018 The FDI data cell of the Department of Industrial Policy and Promotion (DIPP) compiles and maintains the data of Foreign Direct Investment (FDI) Equity inflow received in the country. The FDI equity inflow from April, 2015 to June, 2018 in the Non-Conventional Energy Sector is as […] 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
