Mumbai’s Housing Society Goes Solar Cuts Electricity Bill By 83% Updated On Mon, Jan 29th, 2018 by Saurenergy The solar grid cost Kurla residents Rs14 lakh, but they expect to recover the expenses over the next four-and-half years, said members of Green Power Projects Pvt Ltd that installed the project. Mumbai’s housing society in Kural has switched to solar power to cut their electricity bill by 83 percent. The housing society including Twin […] Read more
Rs 15 Crore Subsidy Scam In the Allotment of Solar Rooftop Projects Updated On Thu, Jan 25th, 2018 by Saurenergy State government sources revealed that the 11 firms were given the permit to set up solar rooftop plants in 2016-17 and Rs 15-crore sponsorship was apportioned to them from the union minister of renewable ministry. A Rs 15 crore subsidy scam in the apportioning of the solar rooftop ventures have hit the state’s energy office […] Read more
Central Government to Asses Performance, Socio-Economic Impact of Solar Units Updated On Tue, Jan 23rd, 2018 by Saurenergy The basic idea is to review the performance of the installed solar systems and see if it is really being used by people or just lying idle after installation. Government of India is planning to assess the technical performance and socio-economic impact of over one lakh solar pumps and more than six lakhs residential solar […] Read more
Subsidies Alone Won’t Scale up Reception of Solar Pumps: CEEW Updated On Fri, Jan 19th, 2018 by Saurenergy Farmers who don’t have electric pumps ought to be focused with littler solar pumps as they would discover solar pumps appealing at even 30 percent subsidy. A subsidy drove approach alone may not accomplish the objective of one million solar pumps by 2021 and the legislature must target minor farmers, an autonomous examination by the […] Read more
RK Singh Announces $350 Million Fund to Finance Solar Projects Updated On Thu, Jan 18th, 2018 by Saurenergy The Minister said that that ISA shall help mobilize sufficient funds for solar energy projects. “India has one of the fastest growing Renewable Energy programmes in the World and the country would achieve its target of 175 GW of installed Renewable Energy capacity well before 2020,” Singh said. RK Singh, Minister of State for Power […] Read more
70 percent Safeguards Duty on Solar to Put Rs 12,000 Crore Ventures in Danger Updated On Wed, Jan 17th, 2018 by Saurenergy The Ministry of Finance, through its Standing Board of Safeguards, will take an ultimate choice on the burden of defending the duty either on the temporary or the last proposals of the Directorate General of Safeguards. Imposing 70 percent of safeguard duty on imported solar panels and modules from China and Malaysia, as suggested by […] Read more
J&K Govt Provides 91,000 Solar Lights to Households in Un-Electrified Villages Updated On Tue, Jan 16th, 2018 by Saurenergy Minister for Social Welfare Sajjad Gani Lone said solar lights were provided under the Remote Village Electrification Programme. In a significant development, the Jammu and Kashmir government has distributed 91,000 solar home lights to the households in un-electrified villages in the state. Minister for Social Welfare Sajjad Gani Lone said the home lighting devices were […] Read more
Investing Renewables Infesting Fossils Updated On Mon, Jan 15th, 2018 by Saurenergy Renewable Energy Sector as a Future Investment Model With increasing technological advancements, renewable energies are having a significant impact. Renewable energy is becoming increasingly viable, a trend that could potentially be a game-changer for investors, particularly large scale, global investors. The International Energy Agency projected that renewable energy will continue to grow by 42 percent […] Read more
How India can Achieve Its Ambitious Renewable Energy Goals Updated On Fri, Jan 12th, 2018 by Saurenergy India is one of the countries in the world which is blessed with more than 300 days of sunshine in a year and is aggressive towards becoming a solar superpower. The country is currently in process to meet its renewable energy goals. In 2010, the country launched National Solar Mission and made an ambitious target […] Read more
