India’s Solar Module Manufacturers to Face Tough Competition in 2017 Updated On Fri, Mar 10th, 2017 by Saurenergy With solar module prices continuously declining globally, it is also weakening the domestic solar manufacturer’s ability to compete with imports. Solar module prices are expected to continue declining in 2017 as global supply continues to exceed demand. As the largest supplier and installer of solar module, China will continue to drive global pricing. The country’s […] Read more
ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India Updated On Wed, Jan 18th, 2017 by Saurenergy ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […] Read more
Energy Storage India 2017 Brings Global Industry Leaders in Energy Storage and Micro-grids to India Updated On Mon, Jan 16th, 2017 by Saurenergy Energy Storage India Conference and Expo was held at the Nehru Convention Centre in Mumbai, organized by Customized Energy Solutions and Messe Dusseldorf India, powered by India Energy Storage Alliance. Mumbai recently hosted a specialized International Conference and Expo on Energy Storage and Microgrids with over 250 delegates and 1000+ visitors. The 4th edition of […] Read more
With 2017 approaching, India aspires to become the fastest growing solar market in the world Updated On Tue, Dec 20th, 2016 by Saurenergy As the 2017 knocks at the door, it is worth taking a look at the Indian solar sector to analyze key the trends, challenges and outlook. Key highlights include record project volumes – both for capacity addition and issue of new tenders, improving power Distribution Company (DISCOM) financial position as a result of UDAY scheme, […] Read more
India Signs Grant Agreement with IBRD of USD 5.19 million for Improving Energy Efficiency in MSME’s projects Updated On Thu, Dec 15th, 2016 by Saurenergy An agreement for GEF Grant of USD 5.19 Million for “Additional Financing for Financing Energy Efficiency at MSMEs Project- Programmatic Framework for Energy Efficiency” was signed by Raj Kumar, Joint Secretary (MI), Department of Economic Affairs on behalf of the Government of India and Junaid Ali Ahmad, Country Director, World Bank (India) on behalf of […] Read more
Solar water pump market in India struggles to take off Updated On Tue, Dec 6th, 2016 by Saurenergy In 2014, PM Narendra Modi set a target to install 1 million solar water pumps, equivalent to approximately 3000 MW, for irrigation and drinking water by 2021. But actual cumulative installed base stood at merely 25000 pumps as of April 2016. The bleak performance is despite the government offering massive subsidies of as much as […] Read more
Net-metering conflicts in the United States sets example for rooftop solar market in India Updated On Tue, Nov 22nd, 2016 by Saurenergy Rapid growth in the rooftop solar market of United States and the number of net-metering connections has given a rise to a battle-front between utilities on one hand and consumers & solar developers on the other hand. Utilities are arguing against the rationale of giving customers full retail credit for their excess energy and vigorously […] Read more
World Bank to grant additional 22.93 million dollars for solar projects in India Updated On Fri, Nov 18th, 2016 by Saurenergy The World Bank has facilitated an additional grant of 22.93 million dollars to India to further increase the installed grid-connected rooftop solar photovoltaic (GRPV) programme in the country. The add-on grant of 22.93 million dollars has been sanctioned under the Global Environment Facility (GEF), and will support the overall $625 million GRPV programme approved by […] Read more
Intersolar India 2016: Dynamic expansion in the Indian Solar Market Updated On Wed, Nov 2nd, 2016 by Saurenergy The Indian solar market is experiencing strong growth, bringing it ever closer to the Indian government’s goal of increasing the installed photovoltaic (PV) capacity to 100 GW by 2022. Against the backdrop of this progress, Intersolar India was inaugurated in the Bombay Exhibition Center in Mumbai. Over 230 exhibitors presented their products, services and solutions […] Read more
