Secret to Hit 40GW Updated On Sat, Apr 29th, 2017 by Saurenergy Government of India has rightly made rooftop solar power one of its top clean energy priorities. In 2014, the government revised the national solar installation target from 22 GW to an aggressive 100 GW by 2022 which is helping the country to become one of the world’s fastest-growing solar markets. The 100 GW target was […] Read more
UNION BUDGET 2017: Shock and Awe for Indian Solar Industry Updated On Fri, Apr 21st, 2017 by Saurenergy In an assertive throw to fuel the solar sector, the budget covertly focused towards helping the rural sector, agricultural sector and re-energising the real estate sector. It was a known fact that Digital payments and Demonetisation will take the center-stage. The clean energy pledges also vowed new propagations as the Government of India rifles solar […] Read more
Nalco planning to set up 150 MW wind, solar plants in Odisha Updated On Mon, Apr 17th, 2017 by Saurenergy Aluminium major Nalco is planning to set up 150 MW of Wind and Solar power plant in Odisha, said Piyush Goyal Nalco is planning to set up 150 MW of Wind and Solar power plant in Odisha, said Piyush Goyal, the Union minister of state for power, coal, new and renewable energy and mines. While […] Read more
Indian Solar Sector Witnessed $1.6 Billion In Funding And M&A Transactions In Q1 2017: Mercom Capital Updated On Thu, Apr 13th, 2017 by Saurenergy Mercom Capital in its report states that ReNew Power was the highest funded company raising VC (venture capital), debt and project funding during the quarter. Renewable Energy Minister Piyush Goyal recently informed Rajya Sabha that India has added 5525 MW solar power generation capacity last fiscal, taking the total from this clean source to 12288 […] Read more
Solar Power Tariff Touches a New Low of Rs 3.15 Levelised Rate Updated On Wed, Apr 12th, 2017 by Saurenergy After the record breaking Rs 2.97 per unit solar tariff for REWA solar plant, the Indian renewable market once again witnesses the all time low of Rs 3.15 per unit solar tariff in an auction of a 250 MW solar power project in Andhra Pradesh. The levelised solar power tariff has dropped to all time […] Read more
India’s Solar Power Capacity Crosses 12 GW Updated On Tue, Apr 11th, 2017 by Saurenergy India has added 12 GW of solar capacity, of which 4800 MW has been contributed from rooftop and 7200 MW from large scale solar power projects. India added 5525 MW solar power generation capacity last fiscal, taking the total from this clean source to 12288 MW. The country has abundant solar power potential which has […] Read more
India’s Solar Energy Capacity Grows by Record 5525 MW Updated On Fri, Apr 7th, 2017 by Saurenergy The latest figures provided by MNRE shows that India has gained a tremendous growth in solar energy capacity by a record 5525.98 MW. According to the latest figures provided by the ministry of new and renewable energy (MNRE), the FY 2016-17 saw India’s solar energy capacity grow by a record 5525.98 MW, while India had […] Read more
Indian Railways to Add 1000 MW of Solar Power, 200 MW of Wind Energy: Suresh Prabhu Updated On Thu, Apr 6th, 2017 by Saurenergy Indian Railways will be able to draw 25 per cent of its energy needs from renewables and achieve the target of 5 GW of solar power by 2025. Railway Minister Suresh Prabhu has said that railways plans to use renewable energy in a “big” way and is looking to add 1,000 MW of solar power […] Read more
Kerala, Arunachal Pradesh and Tripura join UDAY Updated On Thu, Mar 30th, 2017 by Saurenergy Further, the States of Arunachal Pradesh and Tripura also joined the scheme for operational improvement of the States’ Power Distribution Departments. With this the total count of States/UTs under UDAY reaches 26. State of Kerala and Kerala State Electricity Board Limited exchanged the Memorandum of Understanding (MOU) under the Scheme Ujwal DISCOM Assurance Yojana (UDAY) […] Read more