Firms not doing well will not impact India’s solar programmes: Piyush Goyal Updated On Wed, Apr 20th, 2016 by Saurenergy Renewable Energy Minister Piyush Goyal at an event organized by industry body CII said that some firms not doing well will not impact the programme’s success reports PTI. When asked about the debt problems faced by SunEdison, Goyal said “there are always certain cases of firms failing all over the world in every industry. There […] Read more
Indian Banks edgy, as Solar Companies fails to deliver Updated On Thu, Apr 14th, 2016 by Saurenergy What could make Prime Minister Narendra Modi’s plans of capitalizing $100 billion of solar power from foreign investments edgy? Indeed, an In-Flow and Out-Flow leeway of Investment and Finance. The global renowned US Company, SunEdison standstill on at least $1.4 billion of loans and credit facilities, is seeking to sell as much as 1 gigawatt(GW) […] Read more
Haryana Government to make installation of solar power plants mandatory Updated On Mon, Apr 4th, 2016 by Saurenergy Haryana Government has decided to make installation of solar power plants mandatory for housing societies, industries and other specified categories of buildings. Haryana Principal Secretary, Renewable Energy, Ankur Gupta said notification has been issued in this regard to promote green and clean power and set a high trajectory for solar power generation in the State. […] Read more
OCL India inaugurates West Bengal’s first and largest 5.5 MW Solar PV Power Plant Updated On Sat, Apr 2nd, 2016 by Saurenergy OCL India Ltd. a Dalmia Bharat Group company inaugurated 5.5 MW Solar PV Power Plant for use by its cement grinding unit in Salboni, West Bengal. OCL’s 1.35Mt/yr grinding plant was set up in 2014 with an investment of USD 93m. Representing OCL India’s management team during the inauguration of the solar plant was Director […] Read more
Public and NBFCs commits investment of Rs 3.82 lakh crore for 76,352 MW Capacity – Piyush Goyal Updated On Fri, Mar 11th, 2016 by Saurenergy The indigenous renewable sectors have turned heads recently. With active participation from investors and integrators, India seems to lorry its promising solar mission. At the ongoing budget session of Parliament, New and Renewable Energy Minister Piyush Goyal elatedly states that public as well as private banks and non-banking finance companies (NBFCs) have committed for financing […] Read more
SkyPower, Sachigo Lake First Nation partners to establish Solar Parks Updated On Fri, Mar 11th, 2016 by Saurenergy A major developer of utility-scale solar energy projects, SkyPower has inked a partnership deal with Sachigo Lake First Nation to develop a multitude of utility-scale solar photovoltaic projects in Ontario. SkyPower qualified the asked large renewable procurement (LRP) process through the Independent Electricity System Operator (IESO and jointly submitted proposals for the development of solar […] Read more
Solar Installation to well surpass 4GW in 2016, marking a 100% YoY Growth – Report Updated On Fri, Mar 11th, 2016 by Saurenergy The Indian solar sector is finally emerging from hibernation with solar installations doubling in 2015 after three years of flat growth, said Raj Prabhu, CEO and co-founder of Mercom Capital Group. Global clean energy communications and research firm cited that solar installations totaled 2,133 MW in 2015, up from 883 MW installed in 2014, which […] Read more
US Company rejigs UP Mini-Grid Solar Policy Updated On Thu, Mar 10th, 2016 by Saurenergy Just after the UP state government proposed a mini-grid policy to electrify the rural grounds of the state, a U.S. company has extended interest to electrify 1,000 villages by setting up mini-grids powered by solar energy. Rockfeller foundation has partnered with OMC-Powers’ to invest US $ 4.5 million (around Rs 30 crore) for retro-fitting of […] Read more
Chandigarh Canals will hump Kilometers of Solar Panels Updated On Thu, Mar 10th, 2016 by Saurenergy Recently, at the Happening Haryana Global Investors Summit, a special emphasis was poured into clean and renewable energy to allure investors in this sector.  Now, hot on heels, Punjab Energy Development Agency (PEDA) has announced solar power plants installations in Chandigarh along the canals of the state. Solar plants are proposed to be commissioned on […] Read more