Tata Power to raise share of its renewable energy output from its earlier target of 20% to 30-40% by 2025 Updated On Mon, Apr 25th, 2016 by Saurenergy Tata Power has decided to raise share of its renewable energy output from its earlier target of 20%, to 30-40% by 2025 reports PTI Currently the company has working capacity of 9,156 MW which include 693 MW of hydel, 593 MW of wind and 60 MW of solar sources. Speaking to PTI Tata Power managing […] Read more
ICRA estimates the capacity addition in the renewable energy sector to increase to 8.8 GW in FY 2017 Updated On Thu, Apr 21st, 2016 by Saurenergy ICRA has estimated the solar capacity addition to increase to about 5.7 GW in FY2017 as against the 3.0 GW seen in FY2016 based on the tenders already floated and proposed for award of solar projects under various State and Central Government policies so far. However, ICRA in its report notes that in the wind […] Read more
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
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
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
Andhra Pradesh is driving solar, aims to add 619MW of solar power generation Updated On Wed, Mar 9th, 2016 by Saurenergy Andhra Pradesh is well set to foster its solar needs; the state has now announced adding of about 619 MW of solar energy by next month, which will count the total installed capacity surpass 1000 MW (one Giga Watt). Currently the state has about 1300 MW of wind and solar power generation capacity, of which […] Read more
ReNew Power inks PPAs for 286 MW Solar Project in Telangana Updated On Wed, Mar 9th, 2016 by Saurenergy The Indian solar and wind energy major, ReNew Power Ventures signs a Purchase Power Agreements (PPAs) for four solar ground mounted projects with combined capacity of 286 MW in Telangana. Winning the highest bid for 2000 MW solar projects in the state, the company has well-stable to be the largest solar energy company in Telangana […] Read more
