Cost of generation of solar power Updated On Thu, Aug 2nd, 2018 by Saurenergy The cost of generating solar power depends, inter alia, upon intensity of radiation, size of the solar plant, cost of financing, etc. The tariff for solar power is now being determined largely through tendering process. For installation of rooftop solar PV projects, the Ministry of New and Renewable Energy (MNRE) has worked out benchmark cost […] Read more
IESA Welcomes GST Rate Cut on Li-Ion Batteries Updated On Thu, Jul 26th, 2018 by Saurenergy The GST Council’s move came after the recognition of the need to enhance the energy storage industry and its related segments. India Energy Storage Alliance (IESA) has welcomed the GST council’s reduction of goods and services tax (GST) for Lithium-Ion Batteries from 28 percent to 18 percent. The GST Council’s move came after the recognition […] Read more
Manufacturing to Become a Key Element for Solar Power Projects, says Govt. Updated On Fri, Jul 6th, 2018 by Saurenergy So the bigger bids will be focused on manufacturing, while smaller bids will take care of smaller developers. If there is one big bid and one player takes it all, that will be unfair. As the country aims to add close to 500 GW of renewable energy capacity by 2030, the government plans to make […] Read more
MNRE Extends Timeline for Implementing 40 GW ‘Solar Parks and Ultra Mega Solar Power Projects’ Scheme to 2021-22 Updated On Thu, Jul 5th, 2018 by Saurenergy The timelines of the scheme is extended from 2019-20 to 2021-22 without any additional financial implication. The Ministry of New and Renewable Energy (MNRE) has extended the timeline for the implementation of 40 GW scheme for developing solar parks and ultra mega solar power projects from 2019-20 to 2021-22. The MNRE said in a statement […] Read more
Tata Power Renewable Energy Commissions 100 MW Solar Project in AP Updated On Mon, Jul 2nd, 2018 by Saurenergy We plan to add around 1,000 Mw renewable energy capacity to our portfolio every year, scaling it to 45-50 percent in the next five years, largely through organic growth India’s largest power integration company, Tata Power Renewable Energy Ltd (TPREL) announced it has commissioned a 100 MW solar power plant at Anthapuramu Solar Park in […] Read more
7 Race Course to Install Solar Power Dome Updated On Mon, Jul 2nd, 2018 by Saurenergy “The dome that has been installed at the PM’s residence produces 20 watt LED light during the day and 6 watt during the night. It has 10 years duration and costs Rs 1,700” Gon Chaudhuri said. Prime Minister of India’s residence at 7 Race Course Road, New Delhi has been graced with the Solar dome […] Read more
Renewable to be Half of Total Installed Capacity by 2030: RK Singh Updated On Tue, Jun 26th, 2018 by Saurenergy It (power demand) will go up further, which means we will need to expand our capacity, so energy is a good market here By the end of 2030, the renewable energy mix in India’s electricity mix would account for around 55% of the total electricity. The country is expanding and growing in its installation capacity […] Read more
Financing Indian Sun Updated On Mon, Jun 25th, 2018 by Saurenergy After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […] Read more
VGF Program Guidelines Amended for Solar Projects Updated On Thu, Jun 21st, 2018 by Saurenergy Ministry of New and Renewable Energy (MNRE) has made amendments in guidelines for the implementation of the viability gap funding for solar photovoltaic projects. Under the National Solar Mission (NSM) Phase-II, Ministry of New and Renewable Energy (MNRE) has made amendments in guidelines for the implementation of the viability gap funding for solar photovoltaic projects. In the […] Read more
