DISCOMs Flouting Solar’s ‘Must Run’ Status: Mercom Capital Updated On Thu, Sep 22nd, 2016 by Saurenergy Mercom Capital Group in its latest report “India Solar Quarterly Market Update,” has revealed that power deficit numbers in India do not paint the full picture. The report states that even if Central Electricity Authority’s (CEA) reports touts low power deficit and surplus situation, large populations in India are still living without electricity and power cuts […] Read more
NREDCAP sets incentives to encourage installation of more solar power panels in the state Updated On Wed, Sep 21st, 2016 by Saurenergy The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has set on the task of mobilising user agencies in domestic, commercial, industrial and government buildings for installation of solar power panels. Chief Minister OF Andhra Pradesh, Mr. N. Chandrababu Naidu is keen that the government offices take the lead in tapping the solar […] Read more
Japan’s Softbank to invest in Indian Solar Manufacturing to boost Modi’s 100GW target Updated On Tue, Sep 20th, 2016 by Saurenergy Japan’s SoftBank Group Corp. has its mind on collaborating with Indian manufacturers to produce the solar panels that will facilitate in meeting the Prime Minister Narendra Modi’s energy targets. Manoj Kohli, Executive Chairman of SB Energy said to Bloomberg, “SoftBank’s strategy for India includes solar panel manufacturing.” He also ruled out making the panels through […] Read more
MYSUN launches one-stop solar marketplace to solarize 10 million rooftops by 2022 Updated On Mon, Sep 19th, 2016 by Saurenergy Driven by the mission to bring solar energy to every person’s life, MYSUN, an engineering and technology-based marketplace for everything solar, has announced the commencement of its operations in India. MYSUN is envisioned as a one-stop solar marketplace that helps consumers understand and evaluate their solarisation potential and associated savings. It creates a convenient and […] Read more
CleanMax aims to install 400MW rooftop solar in next two years Updated On Mon, Sep 19th, 2016 by Saurenergy Buoyed by the Centre’s increased focus on renewable energy sector, solar solutions provider CleanMax Solar is looking to enhance its rooftop installed capacity by nearly eight-fold to about 400 MW in the next two years, a top company official said. Kuldeep Singh, Managing Director, CleanMax told PTI that “With a current installed rooftop solar capacity […] Read more
WTO rules against India in solar mission dispute with the United States Updated On Sat, Sep 17th, 2016 by Saurenergy The India’s solar mission dispute with the United States has finally met with an ending; with India losing its appeal to overturn the US complaint that New Delhi had discriminated against importers in the Indian solar power sector. The WTO’s appeals judges upheld an earlier ruling that found India had broken WTO rules by requiring […] Read more
State Government of West Bengal to create multiple solar parks Updated On Fri, Sep 16th, 2016 by Saurenergy The state government of West Bengal has decided to create multiple small solar parks. Shobhondeb Chatterjee, State Power Minister stated on the sidelines of an interactive session with the Calcutta Chamber of Commerce that “We are planning for solar park totalling 500 MW, but doing it at a single site is not possible as we […] Read more
Waaree Energies partners with 4CSolar to expand floating solar PV market in India Updated On Thu, Sep 15th, 2016 by Saurenergy Solar panel manufacturer Waaree Energies has announced a strategic partnership with 4CSolar, making its entry into floating solar PV market. “Waaree Energies announces a strategic partnership with 4CSolar- a proven technology solutions provider based in California specializing in floating solar arrays,” the company said in a statement. This strategic tie-up will enable Waaree Energies and […] Read more
Tata Power acquires WREPL through share purchase agreement Updated On Thu, Sep 15th, 2016 by Saurenergy TPREL (Tata Power Renewable Energy Ltd), an arm of Tata Power, has completed 100 percent share purchase in WREPL (Welspun Renewable Energy Pvt Ltd) and its subsidiaries. Earlier in June, the company had announced that TPREL will acquire WREPL through a share purchase agreement (SPA) at an enterprise value of Rs 9249 crore, subject to […] Read more