Genex Power Appoints UGL as Preferred EPC Contractor for 270MW Kidston Solar Power Project Updated On Thu, Dec 14th, 2017 by Saurenergy UGL is a wholly-owned subsidiary of Australian publicly listed company CIMIC Group Limited, which is a world-leading infrastructure, mining, services and public private partnerships group. Genex Power Limited has announced the appointment of UGL as EPC in relation to the development of the 270MW Kidston Stage 2 Solar project (K2-Solar) at Kidston, North Queensland. The […] Read more
Saudi Arabia to Establish $51.22 Million Solar Plant in Bangladesh Updated On Thu, Dec 14th, 2017 by Saurenergy The solar power plant is expected to produce 40MW to 100 MW of power in Bangladesh and will be completed within six months. Saudi Arabia has signed solar power agreement in Dhaka to set up $51.22 Million solar plant in Bangladesh. The agreement was signed between the Federation of Bangladesh Chambers of Commerce and Industry […] Read more
Scatec Solar Secures 40 MW Solar Power Project in Malaysia Updated On Thu, Dec 14th, 2017 by Saurenergy The solar power plant, located in Northwest Malaysia, is expected to produce 65 GWh of electricity per year with annual revenues of about USD 6 million. Scatec Solar and Fumase have won the contract to develop a 40 MW solar power project in a tender held by the Energy Commission in Malaysia. The power plant, […] Read more
GST Increases Cost of Solar Projects by 12 Percent, Says AISIA Updated On Wed, Dec 13th, 2017 by Saurenergy Under the current GST regime, “solar power cost will see upward escalation”, the All India Solar Industries Association said. The Goods and Services Tax (GST) has led to 10-12 percent rise in overall cost of solar projects, the All India Solar Industries Association has said, while petitioning the government against the rise in tax incidence […] Read more
Solar Panel Warranty Insurance Policy Introduced by ICICI Lombard Updated On Wed, Dec 13th, 2017 by Saurenergy The park developers and park owner will be the sole beneficiary as insured, which the Solar Panel Warranty Insurance aims to cater at large. Solar park developers can now be covered by ICICI Lombard General Insurance, the company recently announced. While announcing the company stated “The standalone insurance product gives comfort to lenders and investors […] Read more
Intersolar India 2017: 241 Exhibitors, 13000 International Visitors Participated Despite Rainfall Updated On Wed, Dec 13th, 2017 by Saurenergy Intersolar is eager to help the government to reach the ambitious goal of 175 GW of green energy by 2022. Intersolar India opened the doors to a total attendance of more than 13,000 solar and energy storage experts at the Bombay Exhibition Center in Mumbai with even 10 percent more than the expected visitor numbers. […] Read more
INDIA Marches Ahead Updated On Wed, Dec 13th, 2017 by Saurenergy As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […] Read more
Petitioners Attended the Anti-Dumping Petition Hearing by DGAD Updated On Wed, Dec 13th, 2017 by Saurenergy An anti-dumping duty may be described as a protectionist tariff imposed by the domestic government. All the petitioners of the anti-dumping duty matter on solar cells and modules were present at the hearing by the Directorate General of Anti- Dumping and Allied Duties (DGAD) on December 12, 2017. The Indian Solar Manufacturers Association (ISMA) as […] Read more
Mumbai Temple Harnesses Solar Power to Reduce Annual Power Bills By 40 Percent Updated On Wed, Dec 13th, 2017 by Saurenergy The prominent Manas Mandir derasar in Shahapur has installed solar rooftop panels that will reduce pollution and save 40 percent of its annual cost of electricity. Many Mosques and temples in several parts of India have started to harness electricity from renewable energy sources. This time, the prominent temple in Mumbai, Manas Mandir derasar in […] Read more
