Mumbai Housing Complex Goes Solar, To Reduce Electricity Bill by 70% Updated On Tue, Apr 16th, 2019 by Saurenergy This would be the equivalent of reducing 140 diesel cars a month and around 1,700 such cars a year from Mumbai’s roads. In what is, perhaps, the largest renewable energy project in the city, a housing society in the Mumbai suburbs is looking at cutting its electricity bill by 70% by generating 700-kW solar energy […] Read more
PFS Partners with USICEF For Financing Solar Projects in India Updated On Mon, Apr 8th, 2019 by Saurenergy PFS has partnered with USICEF to leverage funds for distributed solar power projects in the country. Infrastructure finance company, PTC India Financial Services (PFS) has partnered with the US-India Clean Energy Finance (USICEF) to secure funds for funding solar projects in India. “It is an innovative facility which presents PFS with an opportunity to finance […] Read more
UNDP Tenders For 10.5 MW Solar Power Projects in Gambia Updated On Fri, Apr 5th, 2019 by Saurenergy The last date of bid submission is April 23, 2019. The United Nations Development Program (UNDP) has invited interested companies to submit expressions of interest (EoI) for the deployment of two solar PV projects (Project I and Project II) in the Gambia to be implemented by a single Independent Power Producer (IPP). Project 1 will […] Read more
Global Solar PV Market To Reclaim Double-Digit Growth, India Falls behind Updated On Fri, Apr 5th, 2019 by Saurenergy The latest IHS Markit’s Report on Solar sector says this revived growth is coming mainly from markets outside of China, which are forecast to rise by 43% in 2019 but USA will overtake India to once again become the second-largest PV market. The global solar PV market is set to bounce back from single-digit growth […] Read more
MNRE Proposes Obligatory Glass Recycling for Solar Power Generators Updated On Thu, Apr 4th, 2019 by Saurenergy The Ministry of New and Renewable Energy (MNRE) is considering to make mandatory for solar power developers to follow glass recycling procedure for solar photovoltaic (PV) panels under a new framework. “Recycling of end of life solar panel glass containing Antimony may be made mandatory on the generators as part of environmental liability” said the […] Read more
Himachal Pradesh Issues Order For Rooftop Solar Systems Based on Net Metering Updated On Thu, Apr 4th, 2019 by Saurenergy The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued an order for rooftop solar grid-interactive systems based on net metering. The order will be applicable to such domestic consumers to whom a Letter of Approval (LoA) for installing rooftop solar PV system based on net metering is issued after November 15, 2018, as per the 2015 regulations […] Read more
Tata Power and IGL to Co-Develop EV Charging Stations and Solar Projects Updated On Tue, Apr 2nd, 2019 by Saurenergy Tata Power and IGL sign pact to jointly work on developing EV charging stations, swapping stations and solar power projects. Tata Power, one of India’s largest integrated power company, has signed an agreement with one of the country’s leading natural gas distribution companies, Indraprastha Gas Ltd (IGL) to co-develop electric vehicle charging stations, battery swapping […] Read more
Tamil Nadu Issues New Guidelines For Net Metering of Rooftop Solar Consumers Updated On Sat, Mar 30th, 2019 by Saurenergy The Tamil Nadu Electricity Regulatory Commission (TNERC) in its latest order has issued new guidelines for net metering of rooftop solar plants in the state as a part of its state solar policy. The state passed its solar policy the ‘Tamil Nadu Solar Policy 2019’ earlier in February this year. The Policy was launched with […] Read more
Interview with Rajendra Kumar Parakh, CFO, Vikram Solar Updated On Thu, Mar 28th, 2019 by Saurenergy Availability of Domestic Finance at Viable Cost is Still a Distant Dream The only challenge that we can foresee is in terms of availability of finance and cost of finance available for renewable energy sector. Sources of finance for both solar manufacturing industry and solar deployment industry are scarce, a large part of funding comes […] Read more
