Centre Approves MoU on Renewable Energy Signed with Portugal, Working Group to Discuss Cooperation Updated On Tue, Mar 7th, 2017 by Saurenergy Both sides aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues on the basis of mutual benefit equality and reciprocity. The Centre today approved a memorandum of understanding (MoU) on renewable energy signed with Portugal. “The Union Cabinet chaired by Prime […] Read more
Cabinet approves Memorandum of Understanding (MoU) on Renewable Energy between India and Portugal Updated On Mon, Mar 6th, 2017 by Saurenergy The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval for signing of a Memorandum of Understanding (MoU) on Renewable Energy between India and Portugal. The MoU was signed on 6th January, 2017 in New Delhi. The MoU will help in strengthening bilateral cooperation between the two countries. […] Read more
Cabinet approves enhancement of solar power capacity from 20,000 MW to 40,000 MW Updated On Thu, Feb 23rd, 2017 by Saurenergy The State Government will first nominate the Solar Power Park Developer (SPPD) and also identify the land for the proposed solar park. It will then send a proposal to MNRE for approval along with the name of the SPPD. The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, Narendra Modi has approved the […] Read more
MPs Asked to Contribute Through Their MPLADS Fund for Solar Electrification of Villages Updated On Mon, Feb 20th, 2017 by Saurenergy The Atal Jyoti Yojna provides for 75 per cent of cost of solar street lighting through the ministry’s budget and the balance 25 per cent is to be provided from MPLADS funds, Panchayat and Urban Local Bodies’ funds. All Members of Parliament have been asked to contribute through their MPLADS fund towards providing solar powered […] Read more
India Played Major Role In Initiating Climate Action Plan As Part Of Solutions: Suresh Prabhu Updated On Mon, Feb 20th, 2017 by Saurenergy “Under the leadership of Prime Minister Narendra Modi, India has played a key role in initiating climate action plan during Paris meet.” Railway Minister Suresh Prabhu has described climate change as a major global issue and pointed out that India played a key role in initiating climate action plan as part of solutions. “Climate Change […] Read more
India’s Northeast Region Embraces Clean Energy to Be Self-Reliant in Energy Sector Updated On Sat, Feb 18th, 2017 by Saurenergy The states in northeast region will play a major role in the production of clean energy in the country. Northeast region of India is gifted with rich natural and energy resources. With an aim to encourage clean energy, northeast has adopted various means of renewable sources to be self-reliant in the energy sector. Recently […] Read more
Madhya Pradesh Shows Solar Power Is Here To Stay And Make Significant Contributions To The Country’s Energy Mix Updated On Wed, Feb 15th, 2017 by Saurenergy Assuring developers of risk mitigation in terms of electricity offtake, by Rewa Ultra Mega Power Limited (a joint venture of Solar Energy Corporation of India Limited and Madhya Pradesh Urja Vikas Nigam Limited), also contributed to the drop. The solar revolution in India marches on, with renewed momentum, if the recently concluded reverse bidding auction […] 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
India as a solar power bright spot helps fill Japan, China slowdown Updated On Fri, Jan 20th, 2017 by Saurenergy India is expected to double up its solar power capacity outpacing once-booming Japan India may be a bright spot for global solar power markets this year as it adds capacity at a record pace, becoming one of the top regions for panel producers struggling with rock-bottom prices. India is expected to add nearly twice as […] Read more