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
Fortum announces to invest EUR 200–400 million in solar projects in India Updated On Tue, Apr 12th, 2016 by Saurenergy Finnish utility firm Fortum on Tuesday announced to invest euros 200-400 million (Approx. Rs 15100-30200 crore) in solar power projects in India. Fortum in a statement said “the country offers one of the best solar resources and a sound government support for the development of the solar sector. The country provides a good platform for […] Read more
Intersolar India joins forces with HUSUM Wind Updated On Sat, Apr 9th, 2016 by Saurenergy HUSUM Wind has announced entering into strategic partnership with Intersolar. From October 19 to 21, 2016, the renowned exhibition for wind energy will be represented with a special area at India’s largest exhibition where around 230 exhibitors and over 11,000 visitors are expected to attend and conference for the solar industry in Mumbai. Intersolar in […] Read more
MNRE releases year wise cumulative target to achieve 100GW Grid connected Solar Power Project Updated On Thu, Apr 7th, 2016 by Saurenergy Ministry of New and Renewable Energy has chalked out year wise and cumulative target to achieve 1,00,000 MW Grid connected Solar Power Project by the year 2021-22 under National Solar Mission. The ministry notes that in case of major events, such as shortage of panels in international market or in the domestic market, a portion […] Read more
Haryana’s revised solar power policy for 2016-2022 Updated On Tue, Apr 5th, 2016 by Saurenergy Haryana Government has announced new solar power policy for the year 2016-2022 in march this year, having launched its original solar policy couple of years back. The latest policy brings target of adding 3.2GW of solar power by the end of 2022. Haryana Govt. has also increased renewable purchase obligation (RPO) requirements from 3% to […] Read more
Centre expects to achieve its target of generating 100 GW solar power 2017-end: Piyush Goyal Updated On Mon, Apr 4th, 2016 by Saurenergy The Modi government expects to achieve its ambitious target of generating 100 GW of solar power by end of 2017. Power Minister Piyush Goyal at Mumbai University in suburban Kalina said “we are looking to achieve the target of generating 100 GW solar power by end of 2017.” So far solar power generation has already […] Read more
Telangana confident to achieve a target of generating 960 MW of solar power by next FY Updated On Sat, Apr 2nd, 2016 by Saurenergy Telangana government is confident of achieving 960 MW solar power generation target by end of the next financial year. Principal Secretary of Energy, Arvind Kumar informed about the solar power generation target to the Union Joint Secretary of Ministry of New and Renewable Energy Tarun Kapoor, when officials of the Ministry met him at the […] Read more
TNERC announces new solar power tariff Updated On Fri, Apr 1st, 2016 by Saurenergy The Tamil Nadu Electricity Regulatory Commission (TNERC) has passed comprehensive tariff order on Solar Power which comes into force from 1st April this year. The tariff works out to Rs.5.10 per unit for Solar PV projects and Rs.11.12 per unit for Solar Thermal projects without AD benefit. The AD benefit component of the tariff is […] Read more
Here is how you can calculate the annual solar energy output of a photovoltaic system Updated On Fri, Mar 25th, 2016 by Saurenergy A photovoltaic system is designed to supply usable solar power by means of photovoltaics. It entails arrangement of several components including solar panels which absorb and convert sunlight into electricity, a solar inverter which changes the electric current from DC to AC and other electric accessories like cable to set up a working system. With […] Read more
