India’s solar capacity addition to remain strong (7-7.5 GW) in FY 2018 backed by project pipeline: ICRA Updated On Wed, Apr 26th, 2017 by Saurenergy India’s wind power capacity addition in the current fiscal will depend on bidding plans of utilities, while that of solar power will remain strong at 7- 7.5 GW, credit rating firm Icra said today. The renewable energy (RE) sector reported a record capacity addition of over 11 GW in FY2017, an increase of around 60% […] Read more
Solar Power Tariff Expected to Get Cheaper than Coal Updated On Mon, Apr 24th, 2017 by Saurenergy The solar power tariff has seen a significant decline in tariffs from Rs. 10.95-12.76/kWh in 2010-11 to as low as Rs. 3.15 per kWh, which is expected to fall to Rs. 2.90 per unit. India’s solar power prices may be set to fall below those of thermal (coal) energy. This is based on an expected […] Read more
MP government to provide 18,500 solar water pumps to farmers in the state at subsidised rates Updated On Mon, Apr 24th, 2017 by Saurenergy “The rates of solar powered pumps already arrived at after the bidding are the lowest in the country. The performance of each pump can be monitored on a real-time basis from anywhere in the world” The Madhya Pradesh government would soon provide nearly 18,500 solar-powered water pumps to farmers in the state at subsidised rates. […] Read more
There’s more to Indian Solar Tariffs than Meets the Eye Updated On Tue, Apr 18th, 2017 by Saurenergy The record low solar tariff of INR 3.29 that was bid in Rewa Solar Power Project, has been surpassed by National Thermal Power Corporation’s 250 MW project, Engie’s Solairedirect submitting INR 3.15 tariff rate. India achieved a record low solar tariff of INR 3.29 (US¢ 5.1)/kWh in the Rewa tender in February. That record was […] Read more
Secondary Solar Market in India Updated On Tue, Apr 18th, 2017 by Saurenergy with the rise of the solar market, there has been a constant pressure on Indian developers to churn their capital. To minimize the pressure the developers are laying the foundation for the advent of the secondary market for solar assets by shopping their rapidly growing solar projects to prospective investors. The merger and acquisition (M&A) […] Read more
Nalco planning to set up 150 MW wind, solar plants in Odisha Updated On Mon, Apr 17th, 2017 by Saurenergy Aluminium major Nalco is planning to set up 150 MW of Wind and Solar power plant in Odisha, said Piyush Goyal Nalco is planning to set up 150 MW of Wind and Solar power plant in Odisha, said Piyush Goyal, the Union minister of state for power, coal, new and renewable energy and mines. While […] Read more
VIZ-A-VIZ with HARTEK SINGH, Chairman & Managing Director | Hartek Group Updated On Sat, Apr 15th, 2017 by Saurenergy Q. FM Arun Jaitely in presenting Budget for 2017 announced decrease in customs duty on solar energy panels. What type of impact do you see in the solar industry, will this year witness strong development of solar projects in the country? Does the budget looks sunny for the EPC players? The basic customs duty on […] Read more
Indian Solar Sector Witnessed $1.6 Billion In Funding And M&A Transactions In Q1 2017: Mercom Capital Updated On Thu, Apr 13th, 2017 by Saurenergy Mercom Capital in its report states that ReNew Power was the highest funded company raising VC (venture capital), debt and project funding during the quarter. Renewable Energy Minister Piyush Goyal recently informed Rajya Sabha that India has added 5525 MW solar power generation capacity last fiscal, taking the total from this clean source to 12288 […] Read more
Record Capacity Addition of Wind Power of 5400 MW in Last Fiscal Updated On Wed, Apr 12th, 2017 by Saurenergy Ministry of New and Renewable Energy (MNRE) has set another record in the wind power capacity addition by adding over 5400 MW in 2016-17 against the target of 4000 MW. This year’s achievement surpassed the previous higher capacity addition of 3.423 MW achieved in the previous year. The leading States in the wind power capacity […] Read more
