Solar Cell-Process, Position and Bazaar Updated On Wed, Apr 19th, 2017 by Saurenergy Solar cell or photovoltaic (PV) cell is a semiconductor material, which combines some properties of both metals and insulators making it uniquely capable of converting light into electricity. When light is absorbed by a semiconductor, photons of light can transfer their energy to electrons, allowing the electrons to flow through the material as electrical current. […] Read more
Solar Energy has a potential to give Mumbai half of its power: Study Updated On Tue, Apr 11th, 2017 by Saurenergy The researchers used city planning maps and development reports from BMC and Google Maps to calculate how much of the city’s rooftop area could be used for solar power generation. Mumbai has the potential to generate 1.72 GWp solar energy across rooftops including residences, educational institutions, government buildings and industries claims a study carried out […] Read more
Waaree Energies to raise $100 million: Report Updated On Thu, Mar 16th, 2017 by Saurenergy “Waaree Energies has been looking to raise funds. EY Advisory, Auditing & Business Consulting Firm is running the process” India’s one of the largest module manufacturer, Waaree Energies has reportedly appointed EY – Advisory, Auditing & Business Consulting Firm to raise a fund of USD 100 million. A close source to the company speaking to […] Read more
Price of Solar Power May Fall Further in FY18 Updated On Fri, Mar 10th, 2017 by Saurenergy In the last few months, solar power costs had hit a low of Rs 3.30 per unit and might fall further in FY18. Solar power generation costs are set to dip further during third and fourth quarter of 2017-18, helped by expected softening of interest rates and a drop in solar panel prices due to […] Read more
IFC Mulls Rs 100 cr Investment in CleanMax to Fund 250 MW of Solar Power Projects Updated On Wed, Feb 15th, 2017 by Saurenergy CleanMax Enviro Energy Solutions could receive Rs 100 crore to commission more than 250 MW of solar power projects. International Finance Corp, the private sector investment arm of the World Bank, could invest about Rs 100 crore in renewable energy company CleanMax Enviro Energy Solutions, one of the largest solar power solutions providers in India. […] Read more
SECI Gets a Significant Boost to its Credit Rating Updated On Tue, Feb 7th, 2017 by Saurenergy Solar Energy Corporation of India has attained a beneficiary position in a tripartite agreement between the Government of India, state governments and RBI. In a very pleasing development for renewable IPPs, Solar Energy Corporation of India (SECI) has been included as a beneficiary in a tripartite agreement between the Government of India, state governments and […] Read more
Solar players expect tax incentives in budget, uncertainty over GST remains Updated On Tue, Jan 31st, 2017 by Saurenergy According to Solar players’ continuation of appreciated depreciation, a financial incentive, along with concessional interest rates and use of Rs 54,000 crore National Clean Energy Fund could be crucial to achieve country’s ambitious target. Amid uncertainties over the impact of Goods and Services Tax (GST) and Make in India programme being affected by falling prices […] Read more
750 MW Rewa Solar Power Project to Break New Ground Updated On Tue, Jan 17th, 2017 by Saurenergy The 750 MW solar powers tender for Rewa might break Rs 4 per unit barrier Bids for the proposed and much delayed 750 MW solar power tender in the Rewa district of Madhya Pradesh are expected to be submitted early next week although another extension still seems likely. The project is being tendered by Rewa […] Read more
MNRE to offer financial incentives to DISCOMs to Support Rooftop Solar Power Updated On Mon, Jan 9th, 2017 by Saurenergy Ministry of New and Renewable Energy will provide financial incentives to DISCOMs for Rooftop Solar Power In a new policy move, the Ministry of New and Renewable Energy (MNRE) has announced financial incentives for DISCOMs to support rooftop solar power installations. The notification proposes a financial support of up to INR 3.75m (USD 55,000)/MW for […] Read more
