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
Thanks to our efforts, capacities have increased and prices of renewable energy have crashed: PM Updated On Mon, Dec 5th, 2016 by Saurenergy PM Modi at the Inaugural Session of PETROTECH said energy is a key driver of economic growth. Sustainable, stable and reasonably priced energy is essential for the fruits of economic development to reach the bottom of the pyramid. He added “On one hand, to meet the increasing demand, we need affordable and reliable sources of […] Read more
NISE organizing one day workshop on prospects for start –ups in Solar Energy Technologies Updated On Mon, Dec 5th, 2016 by Saurenergy National Institute of Solar Energy (NISE) is organizing 5th one day workshop on prospects for start –ups in Solar Energy Technologies at its campus on 21st December 2016. NISE says the workshop is in line with the Startup India Initiative by the Govt of India. Existing and prospective Solar Entrepreneurs, EPC contractors, Graduate Engineers, MNRE […] Read more
Will surpass $10 billion investment commitment for India in solar and Internet-led businesses: Softbank Updated On Sat, Dec 3rd, 2016 by Saurenergy Positive on India’s prospects, Japan’s SoftBank today pledged that it will “surpass” the stated commitment of investing $ 10 billion in the country as it ramps up investments in solar power generation and Internet-led businesses. “We have already invested $ 2 billion in last few years, and we will surpass my commitment of investing $10 […] Read more
Jordan confirms its lead role in solar energy among the Arab countries with the Falcon Ma’an plant Updated On Fri, Dec 2nd, 2016 by Saurenergy The Falcon Ma’an solar photovoltaic (PV) plant, one of the largest in the Middle East has been connected to the Jordanian national grid. The 23.1 MWp PV plant – executed by the Italian company Enerray, a global EPC contractor, and Saudi renewable energy company Desert Technologies – puts Jordan on the map as a leading […] Read more
Government has formulated Integrated Energy Policy covering all sources of Energy: Piyush Goyal Updated On Thu, Dec 1st, 2016 by Saurenergy Minister of State (IC) for Power, Coal, New and Renewable Energy and Mines, Piyush Goyal in a written reply to a question in the Lok Sabha said that Government has framed an Integrated Energy Policy (IEP) document that gives a roadmap to develop energy supply options and increased exploitation of renewable energy sources. Additionally, for […] Read more
Surana Solar to deliver 15 crore order of solar modules to Aryavaan Renewable Energy Updated On Thu, Dec 1st, 2016 by Saurenergy Surana Solar limited, a part of the Hyderabad based Surana Telecom and Power Limited, has announced that it has won an order to supply solar modules for a value of Rs 15.4 crore to Aryavaan Renewable Energy. The solar module manufacturer will provide solar modules for a 5 Megawatt solar power plant situated in Hamirpur. […] Read more
Infosys generates solar energy at 2.85/kWhr, plans expansion Updated On Wed, Nov 30th, 2016 by Saurenergy The cost of solar power has dipped well below the 3-mark, if software major Infosys is any example. Infosys’ Executive Vice-President, U Ramadas Kamath said that the company has 6.6 MW of ground mounted solar capacity (and another 600 kW on the roofs) at its Hyderabad facility. The cost of generation of electricity, averaged over […] Read more
