MYSUN launches Advanced Rooftop Solar Calculator Updated On Tue, Aug 1st, 2017 by Saurenergy MYSUN Advanced Rooftop Solar Calculator, the solar system sizing and savings Calculator allows users to estimate an accurate solar system size, costing estimates, financial returns, impact of subsidies and offers a simulation of different financing options tailor made for each and every individual user. After the overwhelming success of the MYSUN Solar Calculator, which according […] Read more
India Needs to Ramp up Solar Capacity to Achieve 100GW Target By 2022 Updated On Tue, Aug 1st, 2017 by Saurenergy India will need to significantly ramp up the pace of solar capacity additions by 10,000 MW this fiscal and over 15,000 MW per year to meet the 2022 target of 1,00,000 MW (100GW), which the government set up in 2014. India will need to add over 15,000 MW solar capacity every year to achieve the […] Read more
Rays Power Infra commissions 5 MW Solar PV Project for Aryavaan Renewable Energy Updated On Tue, Aug 1st, 2017 by Saurenergy The solar PV project that spreads over an area of 25 acres was executed by Rays Power on turnkey basis right from the land acquisition till the commissioning Rays Power Infra has announced that it has successfully completed a 5 MW solar PV project for Aryavaan Renewable Energy Private Ltd. The project execution work was […] Read more
Target set for rooftop solar by 2022 is ‘Unrealistic’: Parliamentary Panel Updated On Tue, Aug 1st, 2017 by Saurenergy The panel further said the Centre should give the scheme a “serious relook”, else, it will derail the target achievement of the National Solar Mission. A Parliamentary panel on Tuesday said that 40 GW target for rooftop solar by 2022 is “unrealistic” and it needs to be “reconsidered” reports PTI. “The Committee feels that the […] Read more
Government to Impose 5 Percent Tax Under GST on Cables and Batteries for Solar Power Updated On Mon, Jul 31st, 2017 by Saurenergy Due to the inverted duty structure, developers will first pay the higher tax and then claim a tax refund against the five per cent slab while filing the returns. The credit reversal will be possible only if the renewable energy project developer submits invoices to the government regarding procurement and tax paid. The government is […] Read more
IDFC Alternatives to Acquire First Solar’s India portfolio for Rs 1950 Crore Updated On Mon, Jul 31st, 2017 by Saurenergy IDFC infrastructure will acquire entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India for around $300 million. The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects […] Read more
Government Extends Projects deadline Granting Major Relief to the Solar Power Developers Updated On Mon, Jul 31st, 2017 by Saurenergy Developers had raised an alarm over a letter from the Ministry of New and Renewable Energy (MNRE) this month directing all states to strictly enforce deadlines for solar projects, eschewing extensions. The government has granted major relief to solar power developers, allowing deadlines for project development to be extended in cases where there were delays […] Read more
Delhi Metro on Track to Become 100 Percent Green Updated On Sat, Jul 29th, 2017 by Saurenergy The Delhi Metro Rail Corporation received the green certificates for its Phase-3 stations, depots, and sub-stations said a statement, and have now become only completely ‘green’ Metro system in the world for adhering to green building norms for its residential colonies. Delhi Metro has become the only completely ‘green’ Metro system in the world for […] Read more
Andhra Pradesh and Rajasthan Leaves Tamil Nadu Behind in Installed Solar Capacity Updated On Sat, Jul 29th, 2017 by Saurenergy Statistics show only 630 MW of solar power was installed in Tamil Nadu in 2016-17 against 919.24 MW in 2015-16. Unlike Andhra Pradesh, which acquires land for solar parks, Tamil Nadu leaves developers the land acquisition responsibility, which takes time. Ministry of new and renewable energy data, released in the Lok Sabha, shows that at […] Read more
