Solar Boom – A Fantastic Fillip for India! Updated On Sun, Jul 1st, 2018 by Saurenergy India’s solar boom proved to be a game changer for the country’s renewable growth trajectory, as the sector witnesses’ sharp momentum during the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took PM’s chair, India had about 2.63 GW of solar energy capacity, which now surged to nearly […] Read more
ISA Sends Positive Market Signals, says Suresh Prabhu Updated On Fri, Jun 29th, 2018 by Saurenergy While speaking at the Renewable Energy Dialogue in New Delhi, the Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, said that India is running one of the largest and most ambitious renewable energy capacity expansion programmes in the world. Commerce & Industry Minister Suresh Prabhu said that International Solar Alliance (ISA) is sending […] Read more
Green Certificates Sales Dip 32% on Power Exchanges in June Updated On Fri, Jun 29th, 2018 by Saurenergy The IEX and PXIL sold 5,09,744 and 3,86,485 RECs respectively, totalling 8,96,229 RECs in June during the recent auction. The sale of Renewable Energy Certificates (RECs) has dropped 32 percent to 8.96 lakh in June against 13.15 lakh in May this year on Indian Energy Exchange and Power Exchange India Ltd, according to an official data. Further, the Renewable Purchase Obligation (RPO) is […] Read more
Bareilly to Install Solar Panels on All Govt. Buildings Updated On Wed, Jun 27th, 2018 by Saurenergy At the collectorate building, Vikas Bhavan and some other offices, rooftop solar power plants have already been installed. In order to comply with government’s instruction, solar panels will be installed on all government and semi-government buildings soon The principal secretary of UP government has instructed all the district authorities to install rooftop solar panels on all […] Read more
IIT Madras, CPCL Ink Pact to Solarize Villages Updated On Tue, Jun 26th, 2018 by Saurenergy The proposed project will be executed over the period of next 2 years and will cost around 14.49 crore in Rupees. The project will be executed in coordination with the government of Tamil Nadu. To provide a solar power, clean drinking water and create better sanitation conditions in the villages of Vellalapakkam, Gopurajapuram, and Panangudi […] Read more
China Solar Policy May Further Cut Power Bidding Tariff Updated On Mon, Jun 25th, 2018 by Saurenergy The tariffs, which will be discovered in the next rounds of inter-state transmission system bidding, could hit a new low. It may even breach the Rs 2.44 a unit pricing that was discovered during the Bhadla phase-IV bidding. As Chinese government has decided to deploy caps and reduce feed-in-tariffs for solar projects, it is highly […] Read more
Financing Indian Sun Updated On Mon, Jun 25th, 2018 by Saurenergy After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […] Read more
Over 60 Cos Participated in MP’s 28 MWp Rooftop Solar Project Pre-Bid Meet Updated On Sat, Jun 23rd, 2018 by Saurenergy Moreover, the bids will be submitted for the tender by July 9, and the financial bid will be opened on 19th July. More than sixty prospective bidders from across the country have participated in the 2nd pre-bid meeting for Madhya Pradesh’s 28 MWp rooftop solar project. As per the Madhya Pradesh Urja Vikas Nigam Ltd (MPUVNL) […] Read more
Solar-Wind Hybrid Power Policy Announced for Gujarat Updated On Fri, Jun 22nd, 2018 by Saurenergy The policy describes that any developer can set up a solar unit on the land meant for a wing power unit and vice versa. It allows the establishment of wind-solar units that are hybrid in nature. In order to enhance the generation of renewable energy in the state, a new wind-solar hybrid power policy was […] Read more