India’s Solar Capacity Addition Likely to Drop by 40 Percent in 2018-19: ICRA Updated On Tue, Apr 17th, 2018 by Saurenergy Between April 2017 to February 2018 the country has added around 7.2 Gw solar capacity to its kitty. It is highly likely that India’s solar power capacity addition will drop by 40 per cent to a range between 4 Gigawatt (GW) and 4.5 Gw in the 2018-19, thanks to the recent slowdown in the tendering and project […] Read more
World’s New Power Generation Banking on Sunshine Updated On Sat, Apr 7th, 2018 by Saurenergy The United Nations Environment report indicated that the solar energy has dominated global investment in new power generation like never before in 2017. The world installed a record 98 gigawatts of new solar capacity, far more than the net additions of any other technology – renewable, fossil fuel or nuclear. Climbing investment Solar power attracted […] Read more
World Added More Solar than Fossil Fuel Power Generating Capacity in 2017: UN Report Updated On Fri, Apr 6th, 2018 by Saurenergy Solar power also attracted far more investment, at USD 160.8 billion, up 18 per cent, than any other technology. Solar energy dominated global investment in new power generation like never before in 2017, a UN report has said. The world installed a record 98 GW of new solar capacity, which is far more than the […] Read more
India’s Solar Additions Slowed by GST, Duty on China Imports, says UN Report Updated On Fri, Apr 6th, 2018 by Saurenergy Developing economies, comprising India, China and Brazil, committed USD 177 billion to renewables last year, up 20%, compared to USD 103 billion for developed countries, down 19%, the report added. A UN report has said that the imposition of anti-dumping and safeguard duties on import of Chinese solar cells and modules and levy of Goods […] Read more
Amplus Signs Rs 2,700 cr Solar Energy Deal with Andhra, Maharashtra Updated On Wed, Mar 7th, 2018 by Saurenergy The rooftop solar energy company has signed an MoU with Andhra Pradesh government to install 200 MW solar capacity with investment of Rs 1,200 crore. Gurgaon-based Amplus Energy Solutions Pvt. Ltd has inked a pct with the state governments of Maharashtra and Andhra Pradesh to build solar projects with an investment of Rs 2,700 crore. The rooftop […] Read more
Six Flags Entertainment to Create Largest Solar Carport in North America Updated On Sat, Feb 24th, 2018 by Saurenergy The company has also plans for a nearly 7-megawatt system at Discovery Kingdom in Vallejo. As part of its green initiative, the US-based theme park company, Six Flags Entertainment Corporation is planning to boost solar capacity at two of its California parks, including Magic Mountain. Six Flags in partnership with JLL, a global professional services […] Read more
African Development Bank Grants $265M Loan for Two Solar Power Plants Updated On Tue, Dec 12th, 2017 by Saurenergy The bank has committed $265 million for Morocco where two solar power plants named NOORM I and NOORM II with a combined capacity of 800MW The African Development Bank (AFDB) has approved $324 million loan for two renewable energy projects in Africa. The Bank has set aside US$265 million for two solar power plants named […] Read more
India Needs to Ramp up Solar Capacity to Achieve 100GW Target By 2022 Updated On Tue, Aug 1st, 2017 by Saurenergy India will need to significantly ramp up the pace of solar capacity additions by 10,000 MW this fiscal and over 15,000 MW per year to meet the 2022 target of 1,00,000 MW (100GW), which the government set up in 2014. India will need to add over 15,000 MW solar capacity every year to achieve the […] Read more
India’s solar capacity to hit 20GW mark in next 15 months: Piyush Goyal Updated On Tue, Mar 21st, 2017 by Saurenergy “India could not have completely focused on Making in India’ in the last three years as being in the nascent stage, its solar power sector needed technological and financial boost from abroad to rapidly expand its horizons,” The installed solar power capacity in India is expected to double from 10GW to 20GW in next 15 […] Read more
