Renewable Energy Attracted $42 Bn of Investment in 4 Years: MNRE Updated On Tue, Jun 5th, 2018 by Saurenergy New opportunities have emerged. Altogether new business space has been created. Indian companies have begun to explore foreign stock exchanges as a source of funds. An investment of $42 billion was attracted by India’s Renewable Energy Sector in last four years and over the same period of time, the green energy projects created over 10 […] Read more
World Saw Largest Rise in Renewable Energy Capacity in 2017: Report Updated On Tue, Jun 5th, 2018 by Saurenergy Both energy demand and energy-related carbon dioxide emissions rose substantially for the first time in four years. In the power sector, the transition to renewables is underway but is progressing more slowly than is possible or desirable. The global power generating capacity has seen an exceptional rise in 2017 and the main source of the […] Read more
Chandigarh’s Total Solarification Faces Multiple Hurdles Updated On Tue, Jun 5th, 2018 by Saurenergy The installation of solar power plants on the rooftops was made mandatory for all non-residential a well as residential buildings whose area around them is 1 Kanal and above, and the deadline for installation was set 17 May 2018 but was later extended by six months. Although it was made mandatory by the Chandigarh Administration […] Read more
MahaMetro to Save Rs 12 Cr on Power Bills by Going Solar Updated On Tue, Jun 5th, 2018 by Saurenergy The cost of solar power per unit is Rs 3.58 whereas the MSEDCL supplies it for Rs 9.67 per unit. On top of the three metro stations, the MahaMetro has started installing solar panels that will supply power to stations. In order to save charges on its power bills, MahaMetro will supply solar power to […] Read more
REC Pledges $1 Million Contribution Towards International Solar Alliance Updated On Tue, Jun 5th, 2018 by Saurenergy In presence of the Power Minister R K Singh, REC’s Director (Technical) S K Gupta and other senior officials from the two organizations, the REC Chairman and Managing Director P V Ramesh handed over the cheque to Interim Director General of ISA Upendra Tripathy. Rural Electrification Corporation, (REC) a state-run power sector financier has announced […] Read more
Rays Power to Set-up 1200 MW by 2020; Plans Intl Expansion Updated On Mon, Jun 4th, 2018 by Saurenergy The firm has also initiated development of over 200 Mw of ground-mounted projects selling power directly to the end consumers, under its subsidiary Rays Future Energy, which are expected to be commissioned by end of 2019. With an eye on the international market, a solar power development and Engineering, Procurement and Construction (EPC) Company Rays […] Read more
Job Searches Surge by 76 Percent in Renewable Energy Sector in 3 Years Updated On Mon, Jun 4th, 2018 by Saurenergy ‘Currently, with the center’s focus on renewable energy, the Indian industry is adopting energy efficient tools and technologies. This bodes well for the ecology and the economy, and with a structured approach to policy implementation, the sector holds the potential to emerge as the foremost sunrise industry in the country, the firm said in a statement. […] Read more
Price Cut in Per Unit Solar Power a Discouraging Factor Updated On Mon, Jun 4th, 2018 by Saurenergy “Coal and hydroelectricity have come cheaper, and it has become more viable for Chamundeshwari Electricity Supply Corporation (Cesc) to buy power from neighboring states than getting it from households,” Sales manager of Evervolt Solar Private Ltd Karunakaran A said. After a steep decline in the prices offered for per unit of solar power generated by households and […] Read more
MNRE Issued Revised Schedule of Quality Control Order of Solar Photo Voltaic Systems, Devices and Components Goods 2017 Updated On Mon, Jun 4th, 2018 by Saurenergy The issues relating to products at Sl. No. 4 and 5 in the Schedule have been discussed with the stakeholders for the smooth implementation of this order, further amendments to the Schedule are hereby notified with an addition of item No 6 as per the principal order dated 5th September 2017, and para 2 of […] Read more