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
India’s Energy Transformation from Fossil Fuel to Renewables is Gaining Rapid Momentum: Experts Updated On Thu, May 25th, 2017 by Saurenergy “Measures taken by the Indian government to improve energy efficiency coupled with ambitious renewable energy targets and the plummeting cost of solar has had an impact on existing as well as proposed coal fired power plants, rendering an increasing number as financially unviable,” India’s decision to cancel nearly 14 gigawatts of coal-fired power stations coupled […] Read more
Tata Power’s Renewable Energy Capacity Crosses 2,000 MW Mark, Clean Energy Portfolio surpasses 3000 Mark Updated On Wed, May 24th, 2017 by Saurenergy “We are happy to announce that Tata Power has registered a strong growth in renewables, which is one of our key focus areas through our recent acquisition of solar assets. The renewable energy business made a healthy contribution to PAT this year and we continue to be the largest renewable player in the country,” Tata […] Read more
Ripple effect of India’s energy shift visible globally Updated On Fri, May 12th, 2017 by Saurenergy The Indian government’s striking policy shift towards renewable energy sources — away from more expensive and polluting fossil fuels — is a strong global endorsement of the country’s leadership,” Tim Buckley, Director at the Cleaveland-based Institute for Energy Economics and Financial Analysis (IEEFA) said India’s solar tariffs have fallen 40 per cent in just 16 […] Read more
Hope for Micro Grids Updated On Tue, Apr 18th, 2017 by Saurenergy While perennial sinking prices of renewable energy systems, integrating technologies such as photovoltaic rooftop systems and solar farms into regional grids will require energy storage in the form of batteries and other technologies for load continuity. Currently, about 1.2 billion people in emerging economies lack access to electrical power. The World Bank report claims that […] Read more
Dominican Republic to Commission 361 MW Renewable Energy Projects by 2018 Updated On Fri, Apr 7th, 2017 by Saurenergy The announced renewable energy projects will be completed with an investment of US$780 million, which would include three solar and five wind farms. The Dominican Corporation of State Electric Companies has announced that the company has begun the work on eight renewable-energy projects that will provide 361.2MW of new generation capacity to the country’s grid […] Read more
Enel Starts Construction of the America ’s Largest Solar PV Project in Mexico Updated On Mon, Apr 3rd, 2017 by Saurenergy The overall 754MW solar PV plants will be operational in the second half of 2018 and is expected to generate over 1700 GWh of solar power each year. Enel, through its Mexican renewable subsidiary Enel Green Power México (“EGPM”), has started construction works at its 754 MW1 Villanueva solar PV Plant in Viesca, Coahuila State, […] Read more
Amazon Launches Solar Energy Initiative on Fulfillment Center Rooftops Updated On Fri, Mar 3rd, 2017 by Saurenergy Amazon planning to deploy large-scale solar energy systems on rooftops of more than 15 fulfillment and sortation centers in the U.S. this year and is planning to deploy solar systems on 50 fulfillment and sortation centers globally by 2020. Amazon has announced a new initiative to generate clean energy by installing solar panels on its […] Read more
OGPC Sought For Shareholders’ Vote on Converting Debt of Yes Bank into Equity Updated On Tue, Feb 28th, 2017 by Saurenergy OGPC has also sought shareholders’ approval for reappointment of S Venkatachalam as Managing Director for 3 years — from September 23, 2016 to September 22, 2019. Orient Green Power Company (OGPC) has sought shareholders’ vote on converting up to Rs 50 crore of debt of Yes Bank into equity. The special resolution is to approve […] Read more
