Solar Power Costs Dipped 87% Globally In Last 10 Years: Study Updated On Tue, Sep 26th, 2023 by Saurenergy A recent report by the Mercator Research Institute on Global Commons and Climate Change claimed that the cost of electricity from solar power globally has fallen by 87 percent in the last 10 years. At the same time, the cost of battery storage plummeted by 85 percent during the same period. The recent innovation in […] Read more
India Most ‘Cost-effective’ in Rooftop Solar Power; Beats China, UK & US Updated On Fri, Oct 22nd, 2021 by Saurenergy A global study has found that India is the most cost-effective country for generating rooftop solar energy at USD 66 per megawatt-hour, while the cost in China is marginally higher at USD 68 per megawatt-hour. Due to the lower cost, rooftop solar photovoltaics (RTSPV) technology, such as roof-mounted solar panels used in homes, and commercial […] Read more
India Now the Lowest Cost Producer of Solar Power Updated On Thu, May 30th, 2019 by Saurenergy A new report by IRENA has revealed that India now holds the tag of the lowest cost producer of solar power in the world. The International Renewable Energy Agency’s (IRENA) latest report, ‘Renewable Power Generation Costs in 2018’ highlights the latest trends for each of the main renewable power technologies. And draws on the latest […] Read more
NOVEC Signs 300 MW Agreement to Bring Low Cost Solar Power to Virginia Updated On Thu, Feb 21st, 2019 by Saurenergy The solar facilities involved in the agreement are expected to produce enough electricity to power nearly 73,000 homes, or the equivalent of taking nearly 37,000 passenger vehicles off the road. Northern Virginia Electric Cooperative (NOVEC), the 11th largest electric cooperative in the U.S. and D. E. Shaw Renewable Investments (DESRI) have reached an agreement for […] Read more
Cost of Solar Power to Drop to Rs 1.9 Per Unit by 2030: Report Updated On Wed, Feb 13th, 2019 by Saurenergy By 2030, the report predicts the cost of wind and solar to be between Rs 2.3-2.6/kWh and Rs 1.9-2.3/kWh, while the cost of storage is expected to fall by about 70 percent. The cost of generation of solar power is set to fall to as low as Rs 1.9 per unit over the next decade through 2030 in India with […] Read more
Solar Power Consumers to Bear Cost of Solar Pumps for Farmers: Maharashtra Updated On Mon, Nov 5th, 2018 by Saurenergy The Maharashtra State Electricity Distribution Company has applied a 10 paise per unit surcharge from November 1 to collect funds for the farmers. Mumbai: The Maharashtra government has imposed an electricity surcharge of 10 paise per unit on industrial and commercial consumers to finance its scheme to provide 25,000 solar pumps to farmers, a senior official said […] Read more
Cost of generation of solar power Updated On Thu, Aug 2nd, 2018 by Saurenergy The cost of generating solar power depends, inter alia, upon intensity of radiation, size of the solar plant, cost of financing, etc. The tariff for solar power is now being determined largely through tendering process. For installation of rooftop solar PV projects, the Ministry of New and Renewable Energy (MNRE) has worked out benchmark cost […] Read more
5500 Schools Use Solar Power in US as Costs Fall Updated On Thu, Dec 21st, 2017 by Saurenergy According to a report prepared by the Solar Foundation, Generation 180 and the Solar Energy Industries Association, solar power in K-12 schools has increased by 86 percent in three years. More than 5,500 American schools have incorporated solar technology with a total capacity of 910 megawatts, enough to power 190,000 homes, according to the study. […] Read more
Scientists develops solar- powered smart windows that can save up to 40% of a building’s energy cost Updated On Mon, Jul 3rd, 2017 by Saurenergy “We wanted the smart window to dynamically control the amount of natural light and heat that can come inside, saving on energy cost and making the space more comfortable,” said Loo. Scientists have developed solar- powered smart windows with controllable glazing that can augment lighting, cooling and heating systems by varying their tint, saving up […] Read more
