MNRE Endorsed a Scheme to Erect 50MW Solar Plants for People Eye Updated On Wed, Feb 3rd, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE), Govt. of India has licensed a scheme to establish 50MW solar power capacity plants in the public areas. A released report of MNRE states that, ‘The tasks will be set up in high visibility areas, such as major cities, where land cost is high, but people can visit […] Read more
U.P Solar Auction Goes to Adani Power and Azure Power Updated On Fri, Jan 29th, 2016 by Saurenergy Adani Power and Azure Power have won the most recent auction for solar energy ventures with offers of Rs 4.78 per unit, which is higher than the previous month record (Rs 4.34 per unit). Prayatna Developers, a division of Adani Power and Azure Power have been assigned 50MW at the same cost. In the past […] Read more
Potential of India’s Renewable Energy Resources Updated On Wed, Jan 27th, 2016 by Saurenergy The capability of renewable energy in India – and the price tag to acknowledge– was highlighted recently by boards of energy and financing specialists. ‘The potential is colossal – the quantity of GWs is brain boggling,’ said Amit De, Sr. Strategies SkyPower Global. ‘SkyPower has resolved to manufacture 18GW of solar projects in India by […] Read more
ENGIE Fixes Big Deal of Solar amid France Prez Visit Updated On Wed, Jan 27th, 2016 by Saurenergy Steep fall is reckoned in the solar energy prices and grid parity in India. Through its Indian body Solairedirect, ENGIE has won 140 MW solar energy projects located at two sites of 70 MW each in India’s State of Rajasthan. With growing competition and shoulder bidding among 22 Indian and international contractors clearly asserts the […] Read more
Kerala CM Loomed Before the Commission of Solar Scam Updated On Mon, Jan 25th, 2016 by Saurenergy Chief Minister of Kerala, Oommen Chandy recently showed up before the Judicial Commission to give a testimony on the solar panels Scam. But he denied the charges that he and his office had any part in the outrage. A hearing which was held at the Thycaud Guest House, “The state had not caused any trouble […] Read more
Gloucestershire Solar Plant Faces Critical Protest, Mammoth Project Halts Updated On Thu, Jan 21st, 2016 by Saurenergy UK’s biggest solar ranch Projects which would have secured a zone proportionate to 150 football grounds have been tossed out after protests from locales. Campaigners said the plan for the 185,000-solar panel ranch on 262 acres of land would have “Industrialized” the pleasant banks of the River Severn in Gloucestershire. There were cheers as it […] Read more
United PV Demands $90 Million as Remittance from Hareon Updated On Sat, Jan 16th, 2016 by Saurenergy A Chinese company named United Photovoltaics Group has claimed a return of $64 million and damages redress after a deal with Hareon went fatal. United Photovoltaics Group Limited recently filed a HK$700 million ($89.8 million) claim against Hareon Solar Technolgy Company Limited in connection with an agreement to acquire on-grid solar power projects in China. […] Read more
India Reaches ambitious 5,000 MW of Solar Power Installed Capacity Updated On Fri, Jan 15th, 2016 by Saurenergy The solar power generation figures underlined by the Govt. of India by 2022 is getting some momentum, latest report asserts that till Mid – January the installed capacity of solar power in India crossed the milestone of 5,000 MW. The cumulative installed capacity has reached to 5,130 MW with installed capacity of 1385 MW in […] Read more
$1.5 Billion International Aid for India’s Rooftop Solar Projects Updated On Fri, Jan 8th, 2016 by Saurenergy To uplift India’s rooftop solar initiative, the World Bank, Asian Development Bank and the New Development Bank formed by the BRICS Nations are opening loans for the Ministry of New and Renewable Energy. Upendra Tripathy, secretary at the MNRE said, “We are getting $500 million (Rs. 3,345 crore) from each of them to fund rooftop […] Read more