India will Achieve Installed RE Capacity Target Before 2022: MNRE Secy Updated On Fri, Feb 23rd, 2018 by Saurenergy International Solar Alliance (ISA) will help mobilise sufficient funds for solar energy projects. The Ministry of New and Renewable Energy (MNRE), Secretary, Anand Kumar said that India would achieve its target of installed renewable energy capacity of 175 GW well before 2022 for which bidding process would be completed on time. Anand Kumar while speaking […] Read more
Annulled: NTPC Forced to Cancel 250 Megawatt October 2017 Solar Auction Updated On Tue, Jan 9th, 2018 by Saurenergy Anand Kumar who is the Secretary in Ministry of new and renewable energy confirmed that the solar auction had been annulled. Solar auction has been annulled forcefully. NTPC has been forced to cancel the result of its 250 mw solar auction held in October last year, which was won by Azure Power quoting a tariff […] Read more
Cabinet Apprised of India-Italy MoU on Renewable Energy Updated On Thu, Jan 4th, 2018 by Saurenergy India and Italy aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues. The Cabinet was apprised of a pact between India and Italy for cooperation in the field of renewable energy. “The Union Cabinet chaired by Prime Minister Narendra Modi has […] Read more
Acme Cleantech Solutions Approaches Madras High Court for Levied Import Duty Updated On Fri, Dec 8th, 2017 by Saurenergy In its petition, Acme said that customs officials were not following the proper procedure in making their revised assessments. The Madras High Court was approached by a solar power developer named Acme Cleantech Solutions filing a petition against Chennai port customs officials accusing them of charging import duties on panels and modules by categorizing them […] Read more
Government announces Trajectory to achieve its targets of commissioning 100 GW of Solar generating capacity and 60 GW of Wind power by 2022 Updated On Fri, Nov 24th, 2017 by Saurenergy Government to conduct Third Wind Power Auction of 2000 MW Capacity Power Supply Agreements signed by SECI with utilities of UP, Bihar, Jharkhand, Assam, Punjab, Goa and Odisha The Government today announced the trajectory for achieving its targets of commissioning 175 GW of Renewable Energy (RE), 100 GW of solar generating capacity and 60 GW […] Read more
New Interpretation of Customs Rule Classify Solar Modules as Electrical Motors and Generators Updated On Fri, Oct 13th, 2017 by Saurenergy Due to new interpretation of custom rules, around 1000 containers of solar modules are held up at the Chennai port, affecting almost all the leading developers because customs authorities have suddenly started classifying solar modules as “electrical motors and generators.” A new interpretation of customs rules has jeopardized India’s solar energy projects, with officials demanding […] Read more
Renewable Equipment Prices Expected to Fall Further: R K Singh Updated On Fri, Oct 13th, 2017 by Saurenergy The per capita consumption of energy is about one 6th of Europe and one 12th of USA. Energy consumption is not going to double or triple but it will be over four times. That is how the rate of growth of energy consumption will be in India. Exuding confidence that energy consumption will rise over […] Read more
