EBRD Approves US$ 500 Million for Private Renewable Energy Projects in Egypt Updated On Fri, Jun 9th, 2017 by Saurenergy The European Bank for Reconstruction and Development (EBRD) financing will support the development of private renewable energy projects under the Egyptian government’s feed-in-tariff programme. The European Bank for Reconstruction and Development (EBRD) has taken a major step forward in the rollout of renewable energy with the approval of a US$ 500 million framework to finance […] Read more
Renewables are becoming the least cost option in India, Denmark, Egypt, Mexico, Peru and UAE Updated On Thu, Jun 8th, 2017 by Saurenergy The cost of renewables is well below equivalent costs for fossil fuel and nuclear generating capacity in India, Denmark, Egypt, Mexico, Peru and UAE Renewables are becoming the least cost option in India, Denmark, Egypt, Mexico, Peru and the United Arab Emirates, a global multi-stakeholder renewable energy policy network said on Wednesday. It said record […] Read more
Indian Solar Manufacturer Files Anti-dumping Petition against Chinese Solar Modules and Cells: Report Updated On Wed, Jun 7th, 2017 by Saurenergy Considering that cheaper Chinese modules are fueling Indian solar installations and have brought down tariffs to record low levels and the fact that the previous anti-dumping case was closed without a tariff imposition, it is difficult to see this petition going far. Anti-dumping cases are also not a short-term remedy and take years to complete. […] Read more
KERC accelerating solar projects as demand surges in Karnataka Updated On Wed, Jun 7th, 2017 by Saurenergy The KERC has included cross-subsidy charges on solar power from solar farms. Additionally, it has given a 10-year waiver of key grid charges, for solar power projects commissioned before March 2018. Taking cue from Prime Minster Narendra Modi’s ardent appeal in Paris Climate Conference in 2015 to make India a solar-powered nation, the Karnataka Electricity […] Read more
Solar Irrigating: Farmers not only selling excess power but also saving ground water Updated On Mon, Jun 5th, 2017 by Saurenergy Solar Pump Irrigators’ Cooperative Enterprise (SPICE), which began operating in May 2016, not only made a switch from diesel to solar pumps but also adopted net metering – selling excess power to the local electricity utility. Phodabhai Parmar, a 72-year-old farmer, sits on a charpai sipping tea as solar panels gleam in the fields behind […] Read more
GST Arrests the Slide and May Lead to a Temporary Standstill in Demand: Guru Inder Mohan Singh, Director & COO, Amplus Solar Updated On Sat, Jun 3rd, 2017 by Saurenergy Since Discom supply rates have not been impacted by GST, attractiveness of solar would reduce, and hence private demand, and specifically distributed solar would be impacted said Guru Inder Mohan Singh, Director & COO, Amplus Solar 1. Share your views on GST, how the new Goods and Services Tax rates impact clean energy drive in […] Read more
CHANCES & CHALLENGES RELATED TO EPC Updated On Sat, May 27th, 2017 by Saurenergy As the world moves towards the sustainable development, India looks to optimize its energy mix with minimum carbon footprints. India is in the midst of a momentous leap in terms of the proposed use of solar power as part of its overall renewable energy mix. India with its 100GW of solar energy target by 2022 is […] Read more
Solar Power Juggernaut Will Keep Rolling Despite Higher Taxes Under GST Updated On Sat, May 27th, 2017 by Saurenergy According to a list of 1,211 items released after the meeting of the GST Council, which comprises finance ministers of all the states of the Union, “Photosensitive semiconductor devices; including solar photovoltaic cells, whether or not assembled in modules or made up into panels”, will be charged at a rate of 18 Goods and Services […] Read more
ISA can act as a medium to achieve universal energy access target set up before 2030: Piyush Goyal Updated On Fri, May 26th, 2017 by Saurenergy Piyush Goyal also said that Scaling Solar MiniGrids shall work in tandem with ISA’s over all objectives and already existing two programmes, namely Scaling Solar Applications for Agricultural Use and Affordable Finance at Scale launched on 22nd April, 2016. Minister of State (IC) for Power, Coal, Mines and New & Renewable Energy, Piyush Goyal, at […] Read more