World Reaches 1TW of Wind and Solar; 2TW by 2023, says BNEF Updated On Tue, Aug 14th, 2018 by Saurenergy According to the BNEF estimation, second terawatt of wind and solar will arrive by mid-2023 and cost 46 percent less than the first. The world has attained the landmark figure of 1,000 GW of wind and solar generation capacity installed, as per the Bloomberg New Energy Finance (BNEF) report. According to the BNEF estimation, second […] Read more
Orient Electric Gets BEE 5-Star Rating for LED Bulbs; Becomes India’s First Brand Updated On Tue, Aug 14th, 2018 by Saurenergy The company’s 9W 5-star rated LED bulb meets BIS safety standards, has long life of 25000 hours, and delivers 120 lumens per watt. CK Birla Group company Orient Electric has become the first Indian lighting brand to have been awarded 5-Star rating for its 9W LED bulb by BEE (Bureau of Energy Efficiency). The company’s […] Read more
Rooftop Solar Application rise by 500% in Australia Updated On Mon, Aug 13th, 2018 by Saurenergy Rising power prices and improved technology has led to 25 percent of domestic consumers to switch to some sort of solar application to help them with some household work. The country has enough sunlight to power all commercial buildings on just solar panels. In the past three years, there has been a 500% rise in […] Read more
Viz-A-Viz with Pushpendra Singh, Managing Director, LEONI Cable Solutions (India) Pvt Ltd Updated On Mon, Aug 13th, 2018 by Saurenergy Q. Your operations are in 31 countries across the globe, what prompted you to start your manufacturing operations in India? LEONI has been present in India for some time now. The Indian Manufacturing for Industrial Products started in 2013, with Refinery Projects like Reliance being a loyal customer. Since 2014-15 onwards India has been one […] Read more
Domestic Solar Power Industry Updated On Fri, Aug 10th, 2018 by Saurenergy Solar tariffs in India saw the lowest ever level of Rs.2.44 per unit in reverse auctions carried out by Solar Energy Corporation of India (SECI) in May 2017 for 200 MW and again twice in July, 2018, for 600 MW in each instance. As per the final findings dated 16th July, 2018, in the investigations […] Read more
India to Spend Rs. 3.85 Lakh Crore for 77GW Solar Capacity Target Updated On Fri, Aug 10th, 2018 by Saurenergy Out of the total target of installing 100,000 MW of solar capacity target by 2022, 23,120 MW solar capacities have already been installed till July 2018. Bringing clarity to the parameters of the solar energy target of 100 GW, Indian Government asserted investment of Rs. 3,85,000 crore for setting up pending 77,000 MW of solar […] Read more
Mizoram to Get 100MW Solar Power Plant Updated On Fri, Aug 10th, 2018 by Saurenergy The government has already signed the Memorandum of Understanding (MoU) with Sungevity Enterprises, a solar power service developer, to setup Rs. 630 crore 100MW solar power plant. Under the ‘Magnetic Mizoram Investors Summit’ initiative of New Economic Development Policy (NEDP), Mizoram government is to set up a 100 MW solar power plant in the state. […] Read more
SEZ Solar Units seek Clarity on Safeguard Duty on Imports Updated On Thu, Aug 9th, 2018 by Saurenergy SEZ solar units require certain products for the manufacture of solar cells. These products are largely imported from the China. After the Finance Ministry notified 25 percent safeguard duty on imports from China and Malaysia, not one but many private agencies have sought clarity on the imposition. Among them, solar manufacturing units set up in […] Read more
Lightsource BP Acquires 135 MW Solar Assets from Orion Renewable Energy Updated On Thu, Aug 9th, 2018 by Saurenergy The move has marked a major milestone in the Lightsource BP’s strategic US expansion. British solar parks developer Lightsource BP has acquired six solar development assets from Orion Renewable Energy Group LLC. The move has marked a major milestone in the Lightsource BP’s strategic US expansion. Further, the 135 MW DC portfolio consists of projects […] Read more
