Solar-led Renewables Sector Will Be A Top draw For Global Investors Updated On Sat, Oct 17th, 2020 by Saurenergy India’s renewable energy market led by solar energy will likely be one of the top five sectors for the country that will attract global investments, Deepak Bagla, chief executive officer of Invest India told a conference organised by the International Solar Alliance (ISA) on Friday. He said there was a high degree of innovation characterising […] Read more
Power Minister Iterates Plan To Overhaul Regulation, Enforcement Soon Updated On Wed, Oct 14th, 2020 by Saurenergy India’s power ministry is pushing for an overhaul of electricity regulation and enforcement of contracts in order to stem losses of the state-run distribution companies that have burdened the sector. On solar imports, plans afoot to draw up a list of approved manufacturers for allowing imports. The weak financial condition of distribution companies hurts their […] Read more
U.S. Off-Site Solar Installations Gather Pace Despite Pandemic Updated On Tue, Oct 13th, 2020 by Saurenergy A rapid growth in the U.S. off-site corporate solar projects are set to accelerate further with the covid-19 pandemic taking a large toll on onsite installations, according to a Solar Energy Industries Association (SEIA) report. Over the next three years, nearly 60% of all corporate capacity installed is expected to be off site. Since 2015, nearly […] Read more
U.S. Commercial Solar Installations Reach Second-Highest Level In 2019 Updated On Tue, Oct 13th, 2020 by Saurenergy U.S. commercial solar installations reached the second-largest year ever during 2019, rising by 10% year-on-year to 1,286 Mega Watts (MW), according to a report from the Solar Energy Industries Association (SEIA), an industry body of US solar players. The report claims that around half of all the solar corporate solar capacity that has been installed […] Read more
India Needs to Establish Value Chain to Boost Solar Equipment Manufacturing : Industry Updated On Wed, Oct 7th, 2020 by Saurenergy Domestic manufacturing of solar equipment in India will need the support of a back-end supply chain that needs to be quickly established The plans for establishing domestic manufacturing of solar equipment in India will need the support of a back-end supply chain that will need to be quickly established, industry executives said. Sumant Sinha, chairman […] Read more
India Pledges to Tighten up Solar Equipment Imports Soon : RK Singh Updated On Wed, Oct 7th, 2020 by Saurenergy India will soon tighten provisions for imports of solar equipment in order to encourage more domestic manufacturing, RK Singh has said. India will soon tighten provisions for imports of solar equipment in order to encourage more domestic manufacturing even as power demand post the covid outbreak has rebounded, RK Singh, Minister for New and Renewable […] Read more
State-run Majors, PFC, NHPC, NTPC Set Ambitious Performance Fiscal Year Targets Updated On Wed, Sep 30th, 2020 by Saurenergy Leading state-run utilities Power Finance Corporation (PFC), NTPC and the NHPC signed agreements with the power ministry on Wednesday to set up ambitious performance targets for the current financial year, despite flagging demand in wake of the pandemic. The exercise is an annual process, wherein the firms under the ministry set targets for the next […] Read more
