With 2017 approaching, India aspires to become the fastest growing solar market in the world Updated On Tue, Dec 20th, 2016 by Saurenergy As the 2017 knocks at the door, it is worth taking a look at the Indian solar sector to analyze key the trends, challenges and outlook. Key highlights include record project volumes – both for capacity addition and issue of new tenders, improving power Distribution Company (DISCOM) financial position as a result of UDAY scheme, […] Read more
UPERC confers Dayalbagh Educational Institute with recognition for harnessing solar power Updated On Mon, Dec 19th, 2016 by Saurenergy The Dayalbagh Educational Institute (DEI) has received recognition from the Uttar Pradesh Electricity Regulatory Commission for its work in harnessing solar power and spreading awareness among students about saving energy. The university has been successful in meeting a major portion of its own electricity demand and distributes its surplus energy to local colonies in Dayalbagh. […] Read more
Gujarat’s Position Trips to Third in Solar Power Generation Capacity Updated On Mon, Dec 19th, 2016 by Saurenergy After losing its top rank to Rajasthan last year, Gujarat has now slipped further to end at third position in commissioned solar power capacity. Rapid capacity addition by Tamil Nadu helped the state to topple both Rajasthan and Gujarat from their respective top ranks. According to the MNRE, Tamil Nadu has topped the list with […] Read more
West Bengal Electricity Utility installs Smart Meters to Curb Power Theft Updated On Sat, Dec 17th, 2016 by Saurenergy In a bid to cut down power theft, the state power department has started installing smart metres for West Bengal Power Distribution Co Ltd. “We have set up a target to install such metres for 1.7 crore consumers. New connections are being given through smart metres,” state Power Minister Sovandeb Chattopadhyay said on the sidelines […] Read more
US-India Clean Energy Finance (USICEF) Initiative launched to expand access to distributed clean energy projects Updated On Sat, Dec 17th, 2016 by Saurenergy Minister of State for Power, Coal & New and Renewable Energy and Mines, Piyush Goyal and US envoy Richard Verma on Friday launched US-India Clean Energy Finance (USICEF) Initiative. The U.S.-India Clean Energy Finance facility (“USICEF”) would support project preparation activities for distributed solar projects in order to unlock OPIC financing and mobilize public and private capital to expand access […] Read more
Launch scheme to provide jobs through solar project: Parliamentary panel Updated On Fri, Dec 16th, 2016 by Saurenergy A Parliamentary panel has asked the government to launch a scheme to set up solar power projects through qualified unemployed or under-employed youth, as assured by it on the floor of the House. “The implementation of the Assurance given in reply to unstarred question 1778 on March 5, 2015 regarding solar projects is of paramount […] Read more
Fitch assigns BBB- to IREDA’s issuer default ratings Updated On Fri, Dec 16th, 2016 by Saurenergy Fitch Ratings today said it has assigned BBB- to long-term foreign and local currency issuer default ratings on Indian Renewable Energy Development Agency with a stable outlook. “Fitch Ratings has assigned Indian Renewable Energy Development Agency Ltds (IREDA) long-term foreign and local currency Issuer Default Ratings (IDR) of BBB- and short-term IDR of F3. The […] Read more
MNRE Suspends New Applications for Channel Partner, Channel Partner and Govt. Agencies temporarily Updated On Fri, Dec 16th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) has announced that it has decided to suspend the process of empanelment of New Channel Partner, Channel Partner (New Entrepreneur) and Govt. Agencies temporarily. The new empanelment process will open in the calendar year 2017. As of now there is no info on the reason behind the suspension […] Read more
Vikram Solar appoints Nimish Jain, Jinko Solar’s Deputy Director APAC as Head of Global Module Sales Updated On Fri, Dec 16th, 2016 by Saurenergy Vikram Solar has announced the appointment of its new Head of Global Module Sales- Nimish Jain. In the given role, Nimish would be responsible for driving sales in both domestic and international markets. He would also supervise the accomplishments of targets and P&L of the year, along with recruiting and managing the sales team. Talking […] Read more
