African Development Bank Grants $265M Loan for Two Solar Power Plants Updated On Tue, Dec 12th, 2017 by Saurenergy The bank has committed $265 million for Morocco where two solar power plants named NOORM I and NOORM II with a combined capacity of 800MW The African Development Bank (AFDB) has approved $324 million loan for two renewable energy projects in Africa. The Bank has set aside US$265 million for two solar power plants named […] 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
India’s solar capacity to hit 20GW mark in next 15 months: Piyush Goyal Updated On Tue, Mar 21st, 2017 by Saurenergy “India could not have completely focused on Making in India’ in the last three years as being in the nascent stage, its solar power sector needed technological and financial boost from abroad to rapidly expand its horizons,” The installed solar power capacity in India is expected to double from 10GW to 20GW in next 15 […] Read more
Solar Parks in India: Scope, Status, Achievement, and Challenges Updated On Fri, Nov 4th, 2016 by Saurenergy India, with its large population and rapidly growing economy, needs access to clean, cheap and reliable sources of energy. The government with the Jawaharlal Nehru National Solar Mission has been promoting ecologically sustainable growth while addressing India’s energy security challenge. The Government of India’s ambitious plan to add 100 GW of solar capacity by 2022 […] Read more
Government has sanctioned 32 solar parks of 19,400 MW capacities in 20 states so far Updated On Tue, May 3rd, 2016 by Saurenergy Modi Government is encouraging use of waste land for installation of solar power plants and setting up of solar parks is a step in that direction. Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy in a written reply to a question in the Rajya Sabha said under the scheme […] Read more
Govt likely to announce incentives to boost manufacturing of solar panels Updated On Sat, Feb 27th, 2016 by Saurenergy Government may announce inducements in the upcoming Budget to boost manufacturing of solar panels and achieve its objective of establishing 100 gigawatts of solar capacity by 2022. So far, solar t Finance minister Arun Jaitley may announce incentives, such as Viability Gap Funding (VGF) to help sprout manufacturing plants in the country and vow long-term […] Read more
Maharashtra, UP gets Tough Solar Targets for 2022 Updated On Wed, Feb 24th, 2016 by Saurenergy The MNRE has recently handed over red-letters to solar-friendly states underlining targets and deadline for renewable energy generation and absorption. The letter pronounces Maharashtra and Uttar Pradesh into the challenging solar energy targets by 2022, asserting Maharashtra to increase 30 times solar capacity to its existing 378.7 MW generating 11,926 MW. UP also has a […] Read more
