Year End Review 2017 –MNRE Updated On Wed, Dec 27th, 2017 by Saurenergy Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […] Read more
Probe on Surging Duty for Solar Cell Imports Began By Government Updated On Tue, Dec 26th, 2017 by Saurenergy India is targeting to 100 GW solar capacity by 2022. The current installed capacity is about 15 GW. India began to probe to determine imposition of safeguard duty on surging imports of solar cells with a view to protect domestic manufacturers. Domestic manufacturers have approached the Directorate General of Safeguards (DGS) with a complaint that […] Read more
Canadian Solar Bags 112 MWp Solar Power Project in Brazil Updated On Fri, Dec 22nd, 2017 by Saurenergy Canadian Solar will develop and build the project in Pernambuco state. The company will start the construction in 2020 and the project is expected to reach commercial operation before January 2021. Canadian Solar, one of the world’s largest solar power companies, has won a 112 MWp solar photovoltaic (PV) project in Brazil during the country’s […] Read more
EIB Invests $150m to Fund Clean Energy Projects in Peru Updated On Fri, Dec 22nd, 2017 by Saurenergy The two projects are expected to be operational in the first six months of 2018 and will have a total installed capacity of 312MW The European Investment Bank (EIB) is going to invest $150m to the development and operation of a windfarm and photovoltaic (PV) solarpower project in Peru, a country in western South America. […] Read more
China is Building a Solar Power Highway That Can Charge Electric Cars Updated On Fri, Dec 22nd, 2017 by Saurenergy The solar power highway is expected to produce 280 MWh of electricity a year – enough to power the village’s street lights. China is building a 2 km stretch of solar highway that will be able to generate electricity from sunlight. The two-kilometre-long highway located in Jinan could charge electric cars as they are travelling […] Read more
India Can Save Up to Rs 54,000 Crore by Replacing Coal Plants with Renewables: Green Peace India Updated On Fri, Dec 22nd, 2017 by Saurenergy Solar power has reached a new record low of Rs 2.44 and the wind at 2.64 dropped below the 3/kWh as per the new tariff bids, said the analysis. Green Peace India has analyzed that the country can reduce air pollution upon the replacement of exorbitant coal plants by renewable and can even save up […] Read more
Strict Quality Norms imposed for Solar Equipment and Components to restrict low quality Solar PV equipment in Indian market: Shri R.K. Singh Updated On Thu, Dec 21st, 2017 by Saurenergy Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Lok Sabha today, informed that there is no formal specific information relating to any specific solar equipment or component being of low quality and sold in Indian market. Shri Singh further informed […] Read more
Waaree Energies Limited Raises Rs 100 crore From Centrum Financial Services Limited Updated On Thu, Dec 21st, 2017 by Saurenergy Centrum Group, controlled by ex-Standard Chartered top leader, Jaspal Bindra, made the investment through its non-banking finance arm. The integrated solar power solutions company, Waaree Energies Limited raised Rs 100 crore from Centrum Financial Services Limited for helping the Mumbai-based alternate energy equipments firm’s capacity expansion through a structured financing deal. Founded in 1989 and headquartered […] Read more
EMMVEE Commissioned 1 MW Rooftop Solar Power Plant in Karnataka Updated On Wed, Dec 20th, 2017 by Saurenergy Emmvee has always lived up to its responsibilities with green energy, comprehensive expertise and a strong focus on sustainability across all products, areas, and processes. Emmvee Photovoltaic Power Private Limited, India’s top solar PV module manufacturer commissions 1 MW solar rooftop project at its solar water heater manufacturing facility in Dobespet, Karnataka. Emmvee has always […] Read more
