Hindustan Zinc to set up 155 MW solar project, to invest Rs 630 crore Updated On Thu, Dec 8th, 2016 by Saurenergy Hindustan Zinc Ltd (HZL) has announced that it is foraying into solar energy business and will set up 115 MW of solar energy projects with an investment of Rs 630 crore. The company led by billionaire Anil Agarwal already produces 474 MW of thermal power and 274 MW of wind energy. HZL CEO Sunil Duggal […] Read more
Solar water pump market in India struggles to take off Updated On Tue, Dec 6th, 2016 by Saurenergy In 2014, PM Narendra Modi set a target to install 1 million solar water pumps, equivalent to approximately 3000 MW, for irrigation and drinking water by 2021. But actual cumulative installed base stood at merely 25000 pumps as of April 2016. The bleak performance is despite the government offering massive subsidies of as much as […] Read more
Lightsource aims to setup 1GW of Solar PV Projects in India Updated On Tue, Dec 6th, 2016 by Saurenergy UK-based Lightsource has come out with plans to set up large-scale solar power projects in the budding solar power market of India over the next few years. Lightsource Renewable Energy Ltd Managing Director and Head India Operations Rupesh Agarwal has stated that the company is looking to invest Rs 6500 crore (US$960 million) over the […] Read more
Solar power tariff hits all time low at Rs. 3 per unit Updated On Wed, Nov 30th, 2016 by Saurenergy The solar tariff has fallen to an all—time low of Rs. 3 per unit, which was quoted by Amplus Energy Solutions in an auction for rooftop solar power conducted by Solar Energy Corporation of India (SECI). “In a move that will offer the cheapest power from solar rooftop plants, Amplus Energy Solutions has won a […] Read more
Government of India sanctions three ultra mega solar power projects for Maharashtra Updated On Sat, Nov 26th, 2016 by Saurenergy The Government of India has sanctioned three ultra mega solar power projects in Maharashtra. Of three, one will be set up in Vidarbha while the other two will be in Marathwada and Khandesh. A committee of an eleven member under principal secretary (energy) had been set up to identify the sites for these plants. According […] Read more
Maharashtra introduces feeder-based solar energy scheme for agriculture sector Updated On Sat, Nov 12th, 2016 by Saurenergy Maharashtra’s Chief Minister Devendra Fadnavis has said that the state government has come up with a scheme to ensure smooth power supply to the agriculture sector for 12 hours a day through feeder-based solar energy. He further mentioned that so far, 10000 solar agricultural pumps have been set up across the state, and 16 renowned […] Read more
MSEDCL partners with Sensus to implement Advanced Metering Infrastructure solution in Maharashtra Updated On Thu, Nov 10th, 2016 by Saurenergy Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has signed an agreement at the India-UK Tech Summit with Sensus, a Xylem brand, and global supplier of smart meters and utility-grade communications systems. The agreement will enable MSEDCL to pilot FlexNet, Sensus’ Advanced Metering Infrastructure (AMI) solution, in MSEDCL, Nagpur area on a trial basis. This technology […] Read more
Maharashtra, UP gets Tough Solar Targets for 2022 Updated On Wed, Feb 24th, 2016 by Saurenergy The MNRE has recently handed over red-letters to solar-friendly states underlining targets and deadline for renewable energy generation and absorption. The letter pronounces Maharashtra and Uttar Pradesh into the challenging solar energy targets by 2022, asserting Maharashtra to increase 30 times solar capacity to its existing 378.7 MW generating 11,926 MW. UP also has a […] Read more