Rooftop Solar: Democratising Power Generation – One Roof at a Time Updated On Fri, Nov 30th, 2018 by Saurenergy Rooftop solar was the fastest-growing segment within India’s renewable energy sector last year, but it is still not growing fast enough. Capacity adwdition in rooftop solar stood at around 870 megawatt (MW) in 2017, a far cry from the ambitious target of 5,000 MW for FY 2017-18. As of December 2017, cumulative rooftop solar installed […] Read more
Rise of Renewable Energy to Put Competitive Pressure on Coal Plants: Fitch Updated On Thu, Nov 29th, 2018 by Saurenergy The report further said that the share of renewable energy sector will be further boosted by falling technology cost and increasing availability of cheaper finance. Despite the dominance of coal as a major source of electricity, a steady shift towards renewable energy is slated create competitive pressure on some thermal power plants, especially in developing […] Read more
Viz-A-Viz with Saikat Roy, MD & CEO, MyWay Energy and Lighting India Pvt Ltd Updated On Mon, Nov 26th, 2018 by Saurenergy Q. To begin with, please tell our readers more about myWay Solar and its contribution towards clean & green energy. Ravi Renewable and Lighting India Pvt Ltd (RREL) is an organization that tries to understand the pain points of the industry and works towards elimination of those difficulties. We have two divisions – Renewable and […] Read more
Surat to Have 25 MW Solar Capacity by February 2019 Updated On Mon, Nov 26th, 2018 by Saurenergy During phase one, the city administration had received 4500 applications from the residents and commercial establishment. Aiming to become the first solar city of India, Surat is poised to have 25 MW installed capacity by February 2019. Currently having 15 MW of installed capacity, the city tops the solar energy generation chart. A total of […] Read more
Instruments to Accelerate the Advent of Energy Storage in India Updated On Tue, Nov 20th, 2018 by Saurenergy With all the buzz going around energy storage these days, very often than not it is claimed to be the holy grail of renewable energy. Owing to the intermittency and unpredictability in solar and wind generation, high degree of flexibility in Loads and Sources is needed by the electricity grid for absorbing renewable energy beyond […] Read more
Wind and Solar Cheapest Form of New Energy Capacity Addition Globally: Study Updated On Tue, Nov 20th, 2018 by Saurenergy The new best in class solar and wind plants cost half of what coal plants used to cost, including in China and India In all the major economies around the world, wind and solar have become the cheapest source of new energy capacity addition, a study found. The new best in class solar and wind […] Read more
Solar Energy Corporation to Issue Tenders of 4000 MW in Nov-Feb Period Updated On Mon, Nov 19th, 2018 by Saurenergy The proposal however, will not guarantee India meeting its solar energy target under the national solar mission In order to fast-track the energy output from solar energy, government has instructed the Solar Energy Corporation of India (SECI) to issues tenders for 4000 MW of solar energy by the month of February 2019. The proposal however, […] Read more
GoI, ADB Lend $300 Mn via IIFCL to Fund Projects Including Renewables Updated On Sat, Nov 17th, 2018 by Saurenergy ADB funding is expected to fund at least 13 sub-projects through IIFCL, involving roads and renewable power generation, under the last tranche, says Kenichi Yokoyama. The Government of India (GoI) and Asian Development Bank (ADB) signed a USD 300 million loan agreement to support lending by India Infrastructure Finance Company (IIFCL). The Ministry of Finance […] Read more
India Ready to Share Renewable Energy Expertise: R K Singh Updated On Fri, Nov 16th, 2018 by Saurenergy The minister was talking to delegates of various countries during the seminar of ‘Know India Programme’. Taking a leadership role in the renewable energy domain, Union Power and New & Renewable Energy Minister R K Singh said that India is ready to share its expertise in renewable energy sector with small island nations. The minister […] Read more