Global Renewable Energy Investment Market to Grow at a CAGR Of 5.85%: Research and Markets Updated On Wed, Oct 26th, 2016 by Saurenergy Research and Markets has released a new report named “Global Renewable Energy Investment Market 2016-2020”. As per the report the global renewable energy investment market will grow at a CAGR of 5.85% during the period 2016-2020. The research firm notes that spending on utility-scale renewable energy projects will be a key trend for market growth. […] Read more
KSEB to cash in on renewable energy resources Updated On Wed, Oct 26th, 2016 by Saurenergy With the Centre meting out subsidies on renewable energy, Kerala is ambitiously working on solar-windmill hybrid system and newer models of windmills. The Kerala State Electricity Board renewable energy department is working on a solar-windmill hybrid system. This is a one-kilowatt system, where 600 watts would be generated using a micro windmill and a 400watt […] Read more
Suzlon and Ostro Energy partners to develop and construct 50 MW solar project in Telangana Updated On Wed, Oct 26th, 2016 by Saurenergy Suzlon Group and Ostro Energy joined hands for the development and construction of a 50 MW solar project at Wanaparthy site, Telangana. As per the contract signed between both the companies on 24th October 2016, Ostro Energy shall acquire 49% stake in Prathamesh Solar farms Limited, a special purpose vehicle (SPV) set-up by Suzlon for […] Read more
Madhya Pradesh at GIS attracted Investment of Rs.20000 Cr for new and renewable energy sector Updated On Mon, Oct 24th, 2016 by Saurenergy On the concluding day of Global Investors’ Summit 2016 five MoUs for investment of Rs 20,000 crore were signed in new and renewable energy sector in presence of CM Shivraj Singh Chouhan and Union Minister for Petroleum and Natural Gas (Independent charge) Dharmendra Pradhan and Energy Minister Paras Jain in Indore. After the MoU ceremony […] Read more
TANGEDCO releases tenders for solar projects Updated On Fri, Oct 21st, 2016 by Saurenergy Tamil Nadu Generation and Distribution Corporation Limited has released tenders for solar power projects in 2016-17. This is the first time the distribution company has floated tenders for solar projects, while the previous ones were scrapped by Tamil Nadu Electricity Regulatory Commission in 2014. Since then TANGEDCO has been signing MoUs at a fixed tariff […] Read more
Suzlon collaborates with Unisun Energy for 15 MW Solar Project in Telangana Updated On Thu, Oct 20th, 2016 by Saurenergy Suzlon Group has announced a joint venture with the Unisun Energy Group for the development and construction of a 15MW Solar PV Project located at Bhainsa, Adilabad District, Telangana. According to the contract signed between Suzlon Group and the Unisun Energy Group on August 22, 2016, the Unisun Energy Group shall acquire a 49% stake […] Read more
Huge growth forecasted for India’s solar sector Updated On Wed, Oct 19th, 2016 by Saurenergy India’s solar sector outlook is positive in view of a strong government support for the renewable energy sector to achieve the target of 40GW of installed rooftop solar power by 2022 along with high investor interest, says a report. “We maintain our view that inefficiencies in the power grid infrastructure, power supply shortages and the […] Read more
PM Modi plans state aid package of Rs 210 billion rupee to boost India’s solar industry Updated On Tue, Oct 18th, 2016 by Saurenergy The Prime Minister of India, Narendra Modi’s is planning a 210 billion-rupee ($3.1 billion) package of state aid for India’s solar panel manufacturing industry, according to two officials. The so-called Prayas initiative, short for “Pradhan Mantri Yojana for Augmenting Solar Manufacturing,” a central-government plan designed to lift India’s installed photovoltaic capacity as well as to […] Read more
MNRE inviting comments/ suggestions on operational guideline for channel partner/ New Entrepreneurs Updated On Sat, Oct 15th, 2016 by Saurenergy The Government has set a target of 40,000 MWp of Grid-Interactive Rooftop Solar PV Plants by 2022. These rooftop solar PV plants will be set up in residential, commercial, industrial, institutional sectors in the country ranging from 1 kWp to 500 kWp capacity. Such rooftop plants have become economically viable as they produce clean electricity […] Read more
