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
Year End Review 2017 –MNRE Updated On Wed, Dec 27th, 2017 by Saurenergy Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […] Read more
Government Proposes Rs 23,450 Crore Rooftop Solar Scheme Updated On Fri, Dec 22nd, 2017 by Saurenergy The scheme will integrate discoms as an implementing agency in the second phase of the rooftop solar scheme. The Ministry of New and Renewable Energy (MNRE) has prepared a concept note on ‘Sustainable Rooftop Implementation for Solar Transfiguration of India (SRISTI)’ to the tune of Rs 23,450 crore to state power distribution companies, or discoms, […] Read more
SECI Invites Expression of Interest to set up 20 GW Solar PV Manufacturing Facility Updated On Wed, Dec 20th, 2017 by Saurenergy Under the EOI, SECI will gather information on the feasibility of such floating projects and prospective developers to help its forming of the call for bids for various capacities. Solar Energy Corporation of India (SECI) has invited an expression of interest (EoI) from prospective manufacturers to set up an integrated solar manufacturing facility in India. […] Read more
India Plans Rs 11,000 Crore Aid To Support Domestic Solar Cell Manufacturing Updated On Mon, Dec 18th, 2017 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released a concept note of a proposal that aims to provide a 30 percent subsidy for setting up new solar plants and expanding the existing ones. India plans to boost solar module manufacturing by providing Rs 11,000 crore direct support along with concessions to cut reliance […] Read more
International Solar Alliance Developing Risk Mitigation Mechanism to be Ready in a year Updated On Tue, Dec 5th, 2017 by Saurenergy The International Solar Alliance will become a treaty-based international intergovernmental organisation on December 6, 2017. A mechanism for reducing the risks associated with financing of solar power projects and make them workable under the aegis of the International Solar Alliance (ISA) is set to be rolled out in a year, the Ministry of New and […] Read more
MNRE’s ‘Rooftop Solar Power Plants’ Scheme to Rescue Kashmir From Power Crisis Updated On Sat, Dec 2nd, 2017 by Saurenergy The scheme will provide government subsidy of 70 percent to the customers generating solar energy and setting up roof top solar plants. During winters the electricity demand in Kashmir rises to up to 1900MWs against the availability of 1200MWs produced by the Power Development Department (PDD) of Kashmir. In order to compensate the additional 700MW […] Read more
Government to Auction up to 17 GW Solar by March 2018 Updated On Fri, Nov 24th, 2017 by Saurenergy The government is looking at 17 GW capacities by March 2018. So far, 3.6 GW solar capacities have been auctioned. With persistent success of reverse auction of renewables, the Ministry of New and Renewable Energy has announced auction of up to 17 GW solar capacities by March 2018. The government is looking at 17 GW […] Read more
India-World Bank Ink $100 Million Loan Agreement For Clean Energy Updated On Tue, Nov 21st, 2017 by Saurenergy The solar parks will be mostly under the Ministry of New and Renewable Energy’s (MNRE) Solar Park Scheme. In a significant development, India and the World Bank have signed a $100 million loan and a grant agreement to help the country increase power generation capacity through cleaner, renewable energy sources. In a statement the World […] Read more
