Cabinet approves MoU in the area of large-scale Grid Integration of Renewable Energy Updated On Sat, Apr 1st, 2017 by Saurenergy The MoU envisages promoting information exchanges in the areas of Renewable Energy integration regulations and balancing using gas, storage, and demand-side approaches, energy imbalance markets The Union Cabinet chaired by the PM Narendra Modi has approved for signing of a Memorandum of Understanding (MoU) between Forum of Regulators (FOR) and the National Association of Regulatory Utility […] Read more
Solar capacity addition to reach up to 7.5 GW in FY18: ICRA Updated On Sat, Apr 1st, 2017 by Saurenergy Solar capacity addition is expected to increase from 3.5-4 GW in FY17 to at least 7-7.5 GW (in grid connected utility segment) in FY18. Given the number of projects awarded under the National Solar Mission (NSM) and the state policy route in the past 12-18 months, solar capacity addition is expected to increase up to […] Read more
Oriano Solar gets Rs 20 crore from Samridhi Fund Updated On Fri, Mar 31st, 2017 by Saurenergy Rs. 20 crore fund from Samridhi Fund will be used by Oriano Solar to finance working capital requirements and expand 45-member team Mumbai-based startup Oriano Solar has raised series A funding worth Rs 20 crore from Samridhi Fund, which is managed by SIDBI Venture Capital Ltd, a wholly-owned subsidiary of Small Industries Development Bank of […] Read more
NTPC reportedly planning expansion of solar power generation capacity Updated On Fri, Mar 31st, 2017 by Saurenergy NTPC planned to increase solar power generation capacity to 175 MW and make it commercially viable The NTPC is reportedly planning to expand solar power generation on the premises of its thermal plant at Kayamkulam. NTPC recently started power generation from India’s largest floating solar power plant at Kayamkulam in Kerala. NTPC planned to increase […] Read more
Meghalaya eyeing renewable energy to meet the growing demand for electricity in the state Updated On Wed, Mar 29th, 2017 by Saurenergy Meghalaya can generate about 3,669 MW from various renewable energy sources and about 3,000 MW from solar energy. Power-starved Meghalaya is now eyeing renewable energy to meet the growing demand for electricity in the state, Power Minister Sniawbhalang Dhar has said. “The main concern facing the state today is power deficit which has greatly affected Meghalaya’s economy and the […] Read more
Hindustan Power commissions 50 MW solar plant in Punjab with an investment of Rs. 325 crores Updated On Wed, Mar 29th, 2017 by Saurenergy With a current solar capacity of ~ 600MW, the Hindustan Power is one of the key players championing the adoption of solar on mass scale in India. The Clean energy arm of Hindustan Power commissioned its second solar plant in Punjab at an investment of INR 325 crores. The high degree of solar insolation in […] Read more
Schletter Group installs its newly developed mounting solution for greenhouse solar PV systems in China Updated On Tue, Mar 28th, 2017 by Saurenergy Schletter Group has also announced to install 30 MW large-scale system over the coming months. The Schletter Group has installed its newly developed mounting solution for greenhouse solar PV systems in China. The 20 MWp large-scale photovoltaic system was installed for the “Jiangs-North Greenhouse Project” in a vegetable cultivation plant in the province of Sihong […] Read more
BJP Government’s Big Solar Push Could Run into Land Hurdle: Here is Why Updated On Tue, Mar 28th, 2017 by Saurenergy India’s record with solar power generation does not offer reasons to be optimistic either. With just a few days left for end of financial year 2016-17, India still has over 70 per cent of its target to achieve, while targets for upcoming years are even higher. The Union cabinet decided last month to double India’s […] Read more
Manildra Solar Farm reaches financial close: First Solar Updated On Mon, Mar 27th, 2017 by Saurenergy The Manildra Solar Farm will take First Solar’s installed capacity in Australia to more than 400MWAC when it is complete in 2018 First Solar has announced that financial close has been reached for the 48.5 MW Manildra Solar Farm in New South Wales (NSW), Australia. First Solar will leverage its expertise in utility-scale solar development […] Read more