MNRE Appeals Exclusion of Solar Projects under Execution from Safeguard Duty Updated On Mon, Aug 6th, 2018 by Saurenergy The ministry has put up an urge to exclude projects bid out before 31st July as the safeguard duty came into effect on July 31st. The Ministry of New and Renewable Energy (MNRE) has urged the Finance Ministry to exempt solar projects under implementation from the 25 percent safeguard duty on solar goods from China […] Read more
Village of New Maryland Installs Clear Blue Technologies’ Solar Powered Streetlights Updated On Sat, Aug 4th, 2018 by Saurenergy The initiative by the village of New Maryland falls under the green energy project ‘A Canada 150 Project’ followed by Clear Blue Technologies. Toronto based off-grid solar company, Clear Blue Technologies has confirmed the installation of its 13 illumient solar-powered street lights in the village of New Maryland of New Brunswick. Clear Blue Technologies lights […] Read more
Standard Solar Completes Construction of 9.8 MW Solar Project in Gallup Updated On Sat, Aug 4th, 2018 by Saurenergy Standard Solar project is expected to save Gallup exchequer around USD 0.7 million in the first 8 years of operation. Rockville based solar energy company, Standard Solar has completed the 9.8 MW solar farm project in Gallup of New Mexico. Significantly, the 31 acres Standard Solar’s project is expected to save Gallup exchequer around USD […] Read more
Utah’s Vivint Solar to Bring Low-Cost Solar Panels to Illinois Updated On Fri, Aug 3rd, 2018 by Saurenergy Marking the company’s first expansion into the Midwest region, Vivint Solar plans to create over 100 jobs in the state within the year. Utah based residential solar solutions provider, Vivint Solar plans to expand availability of its affordable residential solar energy systems into Illinois, with services beginning in the greater Chicago area. Marking the company’s […] Read more
Global Solar Battery Charger Market to grow strong in 2017-27: Research and Markets Report Updated On Fri, Aug 3rd, 2018 by Saurenergy The increase in the segment is accredited to the high demand for solar photovoltaic consumer products and increasing use of electronic devices according to Research and Markets. World’s leading market research institution, Research and Markets report asserts a strong growth in the global solar battery charger market for the decade 2017-27. The increase in the […] Read more
MNRE Benchmarks Costs for Rooftop Solar PV Tenders Updated On Fri, Aug 3rd, 2018 by Saurenergy The new costs have been drawn on the basis of inputs from the industry associations and players. Keeping in view the present situation of the auctions for solar PV projects, Ministry of New and Renewable Energy (MNRE) has worked out benchmark costs for the rooftop solar PV tenders ranging up to 500 kWp. The new […] Read more
Farmers Get Subsidy up to 30% for Installing Solar Water Pumps: MNRE Updated On Fri, Aug 3rd, 2018 by Saurenergy Till now over 1.85 lakh solar water pumps have been reported installed in the country under the MNRE Programme. In a written reply to a question in Lok Sabha, Union Minister of State (IC) Power and New & Renewable Energy (MNRE), R K Singh mentioned that the ministry is providing subsidy up to 30% of […] Read more
SECI Cancels Solar Bids for 2,400 MW Projects Updated On Fri, Aug 3rd, 2018 by Saurenergy ACME is the only developer that was allotted the 600 MW SECI solar project which had quoted lowest tariff of Rs. 2.44 per unit. Solar Energy Corporation of India (SECI) has cancelled the allotment of 2400 MW of auctioned solar projects after the auction of 3000 MW of solar projects held on July 13. While […] Read more
SolarEdge Q2 Net Income Jumps 53% YOY Updated On Fri, Aug 3rd, 2018 by Saurenergy SolarEdge reported record revenues of $227.1 million, up 8% from $209.9 million in the prior quarter and up 67% from $136.1 million year over year. SolarEdge Technologies, a global leader in smart energy, revealed net income at USD34.6 million, down 3 percent from USD35.7 million in the prior quarter and up 53 percent from USD22.5 million year […] Read more