Renewable to be Half of Total Installed Capacity by 2030: RK Singh Updated On Tue, Jun 26th, 2018 by Saurenergy It (power demand) will go up further, which means we will need to expand our capacity, so energy is a good market here By the end of 2030, the renewable energy mix in India’s electricity mix would account for around 55% of the total electricity. The country is expanding and growing in its installation capacity […] Read more
Financing Indian Sun Updated On Mon, Jun 25th, 2018 by Saurenergy After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […] Read more
VGF Program Guidelines Amended for Solar Projects Updated On Thu, Jun 21st, 2018 by Saurenergy Ministry of New and Renewable Energy (MNRE) has made amendments in guidelines for the implementation of the viability gap funding for solar photovoltaic projects. Under the National Solar Mission (NSM) Phase-II, Ministry of New and Renewable Energy (MNRE) has made amendments in guidelines for the implementation of the viability gap funding for solar photovoltaic projects. In the […] Read more
Higher RPOs to Help India Meet 175 GW Renewable Target, says Greenpeace Updated On Wed, Jun 20th, 2018 by Saurenergy It further added that, MNRE’s recently announced Kusum scheme to promote solar arrays connected to irrigation pumps can play a key role in helping states fulfil their RPOs. Greenpeace India said that 21 per cent target of Renewable Purchase Obligation (RPO) by 2022 will be helping India in meeting the renewable energy goal of 175 GW till 2022, […] Read more
Renewable Energy Pact with Peru Approved by Union Cabinet Updated On Thu, Jun 14th, 2018 by Saurenergy The agreement aims to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues on the basis of mutual benefit equality and reciprocity. For the promotion of renewable energy projects in the country, a Union cabinet chaired by Prime Minister Narendra Modi approved an […] Read more
Uttarakhand HC Rules Against Solar Power Panels on Fields Updated On Thu, Jun 14th, 2018 by Saurenergy Under the Grid Interacted Rooftop and Small SPV (solar photovoltaic) Power Plant scheme, the Uttarakhand government is promoting the use of small-scale rooftop solar power plants in the state. The National Solar Mission of the Ministry of New and Renewable Energy provides a subsidy of 30% to the applicants. In an order, the Uttarakhand high […] Read more
Duty Concerns, ISTS Issues May Delay Solar Auctions Updated On Mon, Jun 11th, 2018 by Saurenergy NTPC deferred auction of 2,000 MW of solar capacity to the first week of June. However, the state-run power giant did not auction even in the first week of this month. Amid ambiguity about the imposition of 70 percent safeguard duty on solar equipment, there is an apprehension that solar auctions would be dragged further. […] Read more
India, Peru Sign MoU on Co-op in New & Renewable Energy Updated On Thu, Jun 7th, 2018 by Saurenergy The MoU aimed to establish the basis for a cooperative institutional relationship to encourage and promote bilateral technical cooperation in new and renewable energy on the basis of mutual benefit, equality and reciprocity between the two countries, it said. India and Peru has signed a Memorandum of Understanding (MoU) for co-operation in the field of […] Read more
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
