Solar Energy Production in the year 2018-19 was 21.365 Billion Units Updated On Wed, Dec 12th, 2018 by Saurenergy Central Electricity Authority (CEA) has reported that the total solar energy production in the year 2018-19 was 21.365 Billion Units (BUs), as on 31.10.2018. The year-wise details of solar energy production since, 2015 are given as under: – S. No Year Generation from Solar Projects (BUs) 1. 2015-16 7.448 2. 2016-17 13.499 3. 2017-18 25.871 […] Read more
India to Add 10000 MW Renewable Energy Capacity in 2020: Icra Updated On Wed, Dec 12th, 2018 by Saurenergy The current trend prediction comes on the back of the fact that the share of renewable energy has been steadily rising in India’s energy mix. Renewable energy capacity addition can be expected to be around 10000 MW in financial year 2019-2020, rating agency Icra has said while maintaining a stable outlook for the renewable energy […] Read more
ISA-EU Sign Agreement to Promote Solar Energy Updated On Wed, Dec 12th, 2018 by Saurenergy ISA, which is a joint initiative of India and France, was launched in 2015 to help the 121 member countries in increasing the utilization of the potential solar energy. India led ISA and the European Union signed an agreement to enhance solar energy on the sidelines of the ongoing Conference of the Parties to the […] Read more
UK Government Gives £100 million for Renewable Energy Projects in Africa Updated On Tue, Dec 11th, 2018 by Saurenergy The new investment triples funds for the Renewable Energy Performance Platform (REPP), to support up to 40 more renewable energy projects over the next 5 years UK Government has earmarked a fund of £100 million for the development of renewable energy projects in Africa. The new investment triples funds for the Renewable Energy Performance Platform […] Read more
NABARD Inks USD 100 Million Pact with Green Climate Fund for Solar Rooftops Updated On Mon, Dec 10th, 2018 by Saurenergy The USD 250 million project, to be executed by Tata Cleantech Capital Ltd, will receive the GCF support through NABARD, which is the National Implementing Entity (NIE). Pushing for rooftop solar in India, the National Bank for Agriculture and Rural Development (NABARD) has signed an agreement with the Green Climate Fund (GCF) to infuse $100 […] Read more
KREDL Floats 50 MW Tender To Be Developed In Karnataka’s Pavagada Solar Park Updated On Mon, Dec 10th, 2018 by Saurenergy The project will be developed in two blocks of 10 MW each and two blocks of 15 MW each and the tenders seeks out contractor for the EPC of the project. The Karnataka Renewable Energy Development Limited (KREDL) has floated a tender for developing 50 MW of grid-connected solar project at Pavagada Solar Park, situated […] Read more
MSEDCL Floats Tender to buy 1000 MW Grid-Connected Solar Power Updated On Mon, Dec 10th, 2018 by Saurenergy Setting a ceiling tariff of Rs 2.80 per kilowatt per hour, the distribution company will sign a power purchase agreement for a period of 25 years with the successful bidder. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has floated a tender for purchasing electricity from 1,000 MW grid-connected solar photovoltaic power projects on a […] Read more
MAHAGENCO Floats Two Solar Tenders for Grid-Connected Solar Projects Updated On Mon, Dec 10th, 2018 by Saurenergy To be developed under the public private partnership, the solar projects will provide power to the agricultural needs of the various sub-stations in the region. The Maharashtra State Power Generation Company (MAHAGENCO) has recently drawn two tenders for grid-connected solar projects of 50 MW each totaling a 100 MW to be developed in the western […] Read more
Ministry of New and Renewable Energy Conferred the Skoch Award for National Significance Updated On Mon, Dec 10th, 2018 by Saurenergy Considering the impact of the ministry, its purpose and the critical role played by the government in installing about 73 GW of renewable energy, the ministry had been selected for the award. Recognizing the pivotal role government plays in pushing green energy, Ministry of New and Renewable Energy, Government of India has been conferred with […] Read more