Rajasthan Government Exempts Electricity Duty for Rooftop Solar Updated On Mon, Dec 26th, 2016 by Saurenergy To further encourage the investments in renewable energy projects, the state government of Rajasthan has exempted electricity duty of 40 paise/unit for rooftop solar and captive units. The decision will help the state to reach closer to 2300 MW rooftop solar capacity by 2022, a target given to it by the Centre. The duty cut […] Read more
HAL Airport Installs 3.5MW Single-Axis Solar Project Updated On Sat, Dec 24th, 2016 by Saurenergy To harness solar energy, a 3.5MW solar power project has been installed by HAL at its Airport in Bengaluru. The solar power project that spread across 23 acres with 12,985 solar modules was inaugurated by T. Suvarna Raju, CMD, HAL on Friday. “We are pleased to be a part of this environment friendly initiative by […] Read more
GCC Solar Equipment Market to Reach $8.8 Billion by 2022 – Increased Focus on Renewable Sources – Research and Markets Updated On Thu, Dec 22nd, 2016 by Saurenergy Research and Markets has announced the addition of the “GCC Solar Equipment Market (2016-2022): Market Forecast by Types, Countries and Competitive Landscape“ report to their offering. Growing energy requirements, infrastructure development, decrease in global oil prices along with the increased focus on renewable sources especially solar energy are some of the key factors that would spur the demand […] Read more
India to invest $1.8 Billion on Lines to Transmit Solar Power Updated On Thu, Dec 22nd, 2016 by Saurenergy India will invest Rs 127 billion on lines to transmit power from solar parks to enable Prime Minister Narendra Modi’s goal of boosting clean energy capacity to 175 gigawatts by 2022. The dedicated transmission lines, part of the so-called green corridor project was announced at an event ‘Empowering the Grid to meet Future Challenges’ organized […] Read more
Adani, Azure wins 100 MW Grid-Connected Solar tender at Ananthapuramu Solar Park Under DCR Updated On Thu, Dec 22nd, 2016 by Saurenergy Adani and Azure Power has bagged 50MW solar capacity tender each in the state of Andhra Pradesh reports consultancy firm Mercom Capital Group. Solar Energy Corporation of India (SECI) auctioned 100 MW of grid-connected solar under the domestic content requirement (DCR) category at Ananthapuramu solar park in Andhra Pradesh. Under the DCR it is mandatory […] Read more
NDB signs first loan agreement for financing Shanghai Lingang distributed solar power project Updated On Thu, Dec 22nd, 2016 by Saurenergy The People’s Republic of China and the New Development Bank signed a Loan Agreement approving the provision of RMB (CNY) 525 million (INR 512 million/ USD 75 million) sovereign project loan for the Bank’s first project in China – Shanghai Lingang Distributed Solar Power Project. The Loan Agreement was signed by Mr. Shi Yaobin, Vice […] Read more
Azure Power announces successful installation and operation of its rooftop solar power plant for DMRC Updated On Wed, Dec 21st, 2016 by Saurenergy Azure Power has announced the successful installation and operation of its rooftop solar power plant for Delhi Metro Rail Corporation (DMRC) at the Sultanpur facility. This is the first phase of a 14 MW allocation by DMRC to Azure Power, one of the largest by DMRC to a solar power developer. The tariff on the […] Read more
Thin Film Solar Cells Market Size to Exceed $30bn by 2024: Global Market Insights Updated On Tue, Dec 20th, 2016 by Saurenergy Global Market Insights forecasts the thin film solar cells market size to exceed USD 30 billion by 2024. The research firm notes that strong concerns towards fossil fuel depletion with stringent regulations to reduce greenhouse gas emission will drive global thin film solar cells market share. Financial incentives including tax rebate, subsidies, net metering, FIT, […] Read more
First Funding agreement signed for ARENA’s program to accelerate the rollout of big solar projects Updated On Tue, Dec 20th, 2016 by Saurenergy Australian Renewable Energy Agency’s program to drive down the cost and accelerate the rollout of big solar projects has just seen the first funding agreement signed. The new agreement commits up to $8.9 million of ARENA funding towards Genex’s $126 million Kidston Solar Project in North Queensland. ARENA CEO Ivor Frischknecht said the Kidston project was […] Read more
