EnGoPlanet Delivers Major Solar Street Light Installation in Kuwait Updated On Wed, Mar 7th, 2018 by Saurenergy EnGoPlanet has also announced the launch of a new program called “Solar Street Lights Can Help”, in which the company aims to partner with large companies and local communities to bring solar lighting solutions to areas affected by Hurricanes Irma, Mary, and Harvey. New York-based company EnGoPlanet has announced the successful completion of a major […] Read more
ISMA Withdraws Solar Anti-Dumping Plea, to File Fresh Petition Next Week Updated On Tue, Mar 6th, 2018 by Saurenergy ISMA will now file a fresh petition with the Directorate General of Anti-Dumping and Allied Duties again in the next week. In a significant development, the Indian Solar Manufacturers Association (ISMA) has withdrawn a petition it had filed in July last year for anti-dumping investigation on solar cells and modules imported from China, Taiwan and […] Read more
ABB India Dec Quarter Net Profit up 5.3%; Eyes Solar Expansion Overseas Updated On Tue, Feb 20th, 2018 by Saurenergy We have delivered balanced performance in 2017, and built a solid foundation for future growth and profitability as our nation’s and global markets improve, says Sanjeev Sharma. ABB India Ltd, a leader in power & automation technologies, has reported a rise of 5.3 per cent in its standalone net profit after taxes (PAT) at Rs 171.52 […] Read more
After a Lull 2017, India’s Solar Power Sector is Rising Again Updated On Fri, Feb 9th, 2018 by Saurenergy With rising solar panel costs and other issues, the sector had witnessed a sharp decline in late months of 2017. The Indian solar power sector started on a good note in 2018. The good thing is that solar industry now has over 4,000 megawatts (MW) of projects that it is going to bid for and […] Read more
Longi Solar Approves 1 GW Indian Manufacturing Facility Updated On Tue, Jan 30th, 2018 by Saurenergy Longi Solar has confirmed to become the first Chinese company to set up a solar equipment manufacturing facility in India. The news comes just a month after the company said it would invest $300 million in a 5 GW module facility in China. Longi Solar is working to set up a 1 GW solar PV […] Read more
Budget 2018: Solar Industry Demands Clarity, Relief in Safeguard Duty Updated On Mon, Jan 29th, 2018 by Saurenergy According to industry experts, the imposition will not only increase the tariff by almost Re 1 but it will put the projects under execution in deep trouble resulting in making them unviable, turning them into non-performing assets. With the proposed imposition of 70 percent safeguard duty on import of solar power equipment and concerned about […] Read more
Is Trump’s Tariff a Big Deal For Solar Industry ? Updated On Sat, Jan 27th, 2018 by Saurenergy The safeguard tariff on imported solar modules and cells issued by US administration begins at 30 percent in the first year, declines to 25 percent in the second, 20 percent in the third and ends at 15 percent in the fourth. Since US President Donald Trump made the announcement to impose 30 percent tariffs on […] Read more
Due To Trump Solar Tariff SunPower Puts U.S. Expansion On Hold Updated On Sat, Jan 27th, 2018 by Saurenergy The Trump organization did not report any item exclusions when it disclosed the levies. The U.S. Exchange Representative will report the standards for asking for an avoidance by Feb. 22. SunPower Corp said it was putting a $20 million U.S. industrial facility extension and several new employment on hold until and unless its solar panels […] Read more
Donald Trump’s Tariff on Imported Solar Panels Will Cost 23,000 Jobs: SEIA Updated On Tue, Jan 23rd, 2018 by Saurenergy The Donald Trump administration has decided to slap a whopping 30 percent tariff on solar cells and washing machines imported from China. The Solar Energy Industries Association (SEIA) has stated that the 30 percent tariffs on imported solar panels and cells will cost the United States 23,000 jobs. Angered by the Trump’s decision, the trade […] Read more
