Schneider Electric launches ‘Be a Responsible Indian’ awareness campaign Updated On Tue, Aug 29th, 2017 by Saurenergy Schneider Electric aims to inspire all the citizens of India to reduce energy wastage by optimizing its usage in cities, so that electricity could be made available to areas that are still dark or have intermittent access to power, especially under-developed areas that are far from the grid. Schneider Electric has launched an awareness […] Read more
United States solar market adds 2,044 megawatts of new capacity in the Q1 of 2017 Updated On Thu, Jun 8th, 2017 by Saurenergy “Solar is delivering more clean energy, adding jobs 17 times faster than the United States economy and creating tens of billions of dollars in investment. With its cost-competitiveness, we know solar will continue to play a growing role in America’s energy portfolio.” The U.S. solar market has added more than 2GW (2,044 megawatts) of new capacity […] Read more
Cabinet approves Initial Public Offer of Indian Renewable Energy Development Agency Limited Updated On Wed, Jun 7th, 2017 by Saurenergy The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to: (a) issue 13,90,00,000 fresh equity shares of Indian Renewable Energy Development Agency (IREDA) of Rs.10 each to the public on book-building basis through the IPO; (b) issue shares to retail investors and IREDA employees at a […] Read more
UNION BUDGET 2017: Shock and Awe for Indian Solar Industry Updated On Fri, Apr 21st, 2017 by Saurenergy In an assertive throw to fuel the solar sector, the budget covertly focused towards helping the rural sector, agricultural sector and re-energising the real estate sector. It was a known fact that Digital payments and Demonetisation will take the center-stage. The clean energy pledges also vowed new propagations as the Government of India rifles solar […] Read more
There’s more to Indian Solar Tariffs than Meets the Eye Updated On Tue, Apr 18th, 2017 by Saurenergy The record low solar tariff of INR 3.29 that was bid in Rewa Solar Power Project, has been surpassed by National Thermal Power Corporation’s 250 MW project, Engie’s Solairedirect submitting INR 3.15 tariff rate. India achieved a record low solar tariff of INR 3.29 (US¢ 5.1)/kWh in the Rewa tender in February. That record was […] Read more
Secondary Solar Market in India Updated On Tue, Apr 18th, 2017 by Saurenergy with the rise of the solar market, there has been a constant pressure on Indian developers to churn their capital. To minimize the pressure the developers are laying the foundation for the advent of the secondary market for solar assets by shopping their rapidly growing solar projects to prospective investors. The merger and acquisition (M&A) […] Read more
SOVA SOLAR Gripping the mainstream of Indian Solar Industry Updated On Tue, Apr 18th, 2017 by Saurenergy “ To take our manufacturing excellence to the next level we have completely automated our manufacturing facility in January. This will help us to provide world-class PV modules within a reduced timeline and higher efficiency. We aim to achieve 1 GW manufacturing capacity by 2018. The company has also announced new international EPC venture in […] Read more
Indian Railways Plans to Setup Solar Power Plants at 8000 Stations Updated On Tue, Apr 11th, 2017 by Saurenergy The Indian Railway is working on the plan to make use of 500 MW of solar power plants in 8000 stations to meet its electricity needs and cut down carbon footprint. Indian Railways has planned to install 500 MW of solar power plant to meet the energy needs of more than 8000 stations in the […] Read more
European Investment Bank Sanctions EUR 200 Million for Indian Large-Scale Solar Power Projects Updated On Mon, Apr 3rd, 2017 by Saurenergy The State Bank of India gets EUR 200 Million long-term loan from European Investment Bank to fund five different solar power projects in Tamil Nadu and Telangana. The European Investment Bank has confirmed new support for solar power generation in India in partnership with the State Bank of India. The EUR 200 million (INR 1400 […] Read more
