PM Modi plans state aid package of Rs 210 billion rupee to boost India’s solar industry Updated On Tue, Oct 18th, 2016 by Saurenergy The Prime Minister of India, Narendra Modi’s is planning a 210 billion-rupee ($3.1 billion) package of state aid for India’s solar panel manufacturing industry, according to two officials. The so-called Prayas initiative, short for “Pradhan Mantri Yojana for Augmenting Solar Manufacturing,” a central-government plan designed to lift India’s installed photovoltaic capacity as well as to […] Read more
International Solar Alliance to get ratified at forthcoming COP22 Updated On Fri, Oct 14th, 2016 by Saurenergy The International Solar Alliance (ISA) announced at the climate conference in Paris (COP21), will be ratified at the forthcoming COP22 in Marrakech in November. The ISA ‘s objective is to bring together solar rich countries on a common platform to make joint efforts through innovative policies, projects, programmes, capacity building measures and financial instruments to […] Read more
Asian Development Bank to allocate 500 million dollars loan for putting up solar rooftops in India Updated On Tue, Oct 4th, 2016 by Saurenergy The Asian Development Bank (ADB) is set to provide $500 million in financing for rooftop solar systems that will help the Indian government expand energy access using renewable energy. ADB will provide the financing to Punjab National Bank – one of India’s largest commercial banks – which will use the ADB funds to make loans […] Read more
BELECTRIC secures EPC contract to commission 104 MW of solar power park in India Updated On Tue, Sep 27th, 2016 by Saurenergy German solar power plant builder BELECTRIC has announced a 104MWp EPC Turnkey EPC Contract in the India state of Telangana, which consists of six sub projects that are expected to be commissioned in the 1st quarter of 2017. Telangana is one of the 29 states in India, located in the southern India, which has excellent […] Read more
Precipitable Water effect on Spectral Shift and Solar PV Module Energy Updated On Mon, Sep 26th, 2016 by Saurenergy Amit Kumar Mittal, Technical Director, First Solar Power India Kendra Passow, Performance and Prediction Engineer, First Solar Mitchell Lee, Performance and Prediction Engineer, First Solar Introduction: Photovoltaic (PV) module technologies are characterized according to Standard Test Conditions (STC) as per IEC 60904-3 1. This standard defines reference conditions at an irradiance level of 1000 […] Read more
Vikram Solar CEO bags Bengal Entrepreneurship Award 2016 Updated On Tue, Sep 20th, 2016 by Saurenergy Mr. Gyanesh Chaudhary, MD and CEO, Vikram Solar, the globally recognized leading solar energy solutions provider today won The Bengal Entrepreneurship Award 2016 in the manufacturing sector. The Bengal Entrepreneurship Award is organized annually by The Bengal Chamber of Commerce and Industry (BCC&I). Dr. Amit Mitra, Hon’ble Minister of Finance, Commerce & Industries, West Bengal […] Read more
Vikram Solar partners with teamtechnik Updated On Sat, Sep 10th, 2016 by Saurenergy Vikram Solar recently signed Memorandum of Understanding (MoU) with teamtechnik, a market leader in production technology based in Freiberg am Neckar (Germany), to design production lines and supply plant technology to support the company’s expansion plans. Both the companies signed MOU in the presence of Amit Mitra-Finance Minister, West Bengal. Vikram Solar is set to […] Read more
Manufacturers of solar power equipment express concern over GST Updated On Thu, Sep 1st, 2016 by Saurenergy Solar equipment manufacturers have expressed concern over implementation of Goods and Service Tax (GST) that will possibly increase the cost of power projects and subsequently put higher tariffs burden on consumers. Speaking to PTI Surender Pal Singh, Chairman, Solar Energy Equipment Manufacturers’ Association of Telangana said “Currently the sector enjoys almost zero tax structure in […] Read more
NREA drafts tender for 20 MW solar project in Hurghada Updated On Tue, Aug 9th, 2016 by Saurenergy The New and Renewable Energy Authority (NREA) is in process to release a tender for a 20 MW solar power plant in Hurghada, Egypt. Recently, Japan International Cooperation Agency’s (JICA) was presented with a proposal to finance the project for Hurghada solar plant by NREA. The Ministry of Electricity stated that a soft loan of […] Read more
