More Then 20% Australian Homes Have Solar Rooftop Installed Updated On Tue, Dec 4th, 2018 by Saurenergy With 2 million residents having rooftop solar projects across the nation, the combined generation of electricity amounts to 7.9 GW. With an overall 20.3 percent of Australian residents having a rooftop solar project installed, country’s solar industry is leading the way in the rooftop solar market globally. With 2 million residents having rooftop solar projects […] Read more
LONGi Solar Named Tier-1 Module Maker in Q4 BNEF Report Updated On Mon, Dec 3rd, 2018 by Saurenergy BNEF’s criteria require module manufacturers to have supplied own-brand, own-manufacture products to six different projects over 1.5MW that have been financed by six different banks in the past 2 years. One of the leading solar modules manufacturer LONGi Solar has been named tier-1 module manufacturer in the Bloomberg New Energy Finance’s (BNEF) fourth quarter 2018 report. […] Read more
MNRE to Add Massive 23 GW Of Solar Project in Jammu And Kashmir Updated On Sat, Dec 1st, 2018 by Saurenergy Solar Energy Corporation of India which is implementing the project, will tender 5000 MW in Leh district and 2500 MW in Kargil district in the Phase-1 of the project. In a massive solar push, Ministry of New and Renewable Energy (MNRE) has announced its plans for 23 GW of solar projects in Leh and Ladakh […] Read more
Freedom Solar Launches Commercial Solar Financing Vehicle in Texas Updated On Sat, Dec 1st, 2018 by Saurenergy The company said in a statement that financing through it allows companies to finance up to 70 percent of the cost of an entire solar installation and ensures that an investment in solar is cash-flow positive from day one. Freedom Solar Financial Services, the first solar financial vehicle of its kind in Texas, has raised […] Read more
Haryana Government Offers Subsidy of Rs 15,000 on Solar Home Projects Updated On Fri, Nov 30th, 2018 by Saurenergy This is done with a view to promote renewable energy in the state and achieving the solar energy target set under the national solar mission. Residents of Haryana are set to get a state subsidy of Rs 15,000 for installing Solar Home System under the ‘Manohar Jyoti Yojana’. The New and Renewable Energy Department has […] Read more
UPERC Accepts NPCL’s Response over Renewable Purchase Obligations Updated On Thu, Nov 29th, 2018 by Saurenergy UPERC had initiated suo moto proceedings against NPCL and Uttar Pradesh Power Corporation Ltd (UPPCL) for failing to submit the required information. The Uttar Pradesh Electricity Regulatory Commission (UPERC) has accepted Noida Power Company Limited’s (NPCL) submission regarding meeting the past renewable purchase obligations (RPO) targets. UPERC had initiated suo moto proceedings against NPCL and […] Read more
Rise of Renewable Energy to Put Competitive Pressure on Coal Plants: Fitch Updated On Thu, Nov 29th, 2018 by Saurenergy The report further said that the share of renewable energy sector will be further boosted by falling technology cost and increasing availability of cheaper finance. Despite the dominance of coal as a major source of electricity, a steady shift towards renewable energy is slated create competitive pressure on some thermal power plants, especially in developing […] Read more
IL&FS to Monetise its Green Energy Portfolio Worth Rs 8,000 Crore Updated On Thu, Nov 29th, 2018 by Saurenergy This comes on the backdrop of IL&FS already having received a good response for the potential sale of its two arms. Debt laden Infrastructure Leasing & Financial Services has decided to monetize its renewable energy assets worth Rs 8,000 crore and has initiated the process to sell its controlling stake in green energy business as […] Read more
India Becomes Global Leader in Renewable Energy Auction: Report Updated On Tue, Nov 27th, 2018 by Saurenergy India’s second rank signifies a jump of three spots from last year when it was on 5th position in the green energy. China which was at the top position last year has slid down to the 7th position. Becoming a global leader in the renewable energy race, India is now the biggest market in the […] Read more
