Mangalore University to Go Green by March 2018 Updated On Mon, Dec 18th, 2017 by Saurenergy The University is likely to receive a low Rs 3.839 per unit of power and a power purchase agreement for 25 years will be executed by ReNew. Mangalore University being the only government building in Karnataka and among 37 intitutional buildings in India which will get grid-connected roof-top solarphoto-voltaic system, the project was selected as […] Read more
Battery Costs in Stationary Energy Could Fall by up to 66%, Grow 17-Fold by 2030: IRENA Updated On Mon, Dec 18th, 2017 by Saurenergy The cost of battery storage for stationary applications could fall by up to 66 per cent by 2030, according to a new report published by the International Renewable Energy Agency (IRENA). The falling price of batteries could stimulate 17-fold growth of installed battery storage, opening up a number of new commercial and economic opportunities, the […] Read more
India Plans Rs 11,000 Crore Aid To Support Domestic Solar Cell Manufacturing Updated On Mon, Dec 18th, 2017 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released a concept note of a proposal that aims to provide a 30 percent subsidy for setting up new solar plants and expanding the existing ones. India plans to boost solar module manufacturing by providing Rs 11,000 crore direct support along with concessions to cut reliance […] Read more
Consumption Segment Dominates the Global Smart Grid Cyber Security Market Updated On Mon, Dec 18th, 2017 by Saurenergy According to the latest market study released by Technavio, the global smart grid cyber security market is expected to grow at a CAGR of more than 10 percent during the forecast period of 2017-2021. The market research analysis categorizes the global smart grid cyber security market into the following type of application. They are: • […] Read more
Hybrid Solar Systems to be installed in Govt Schools of Haryana Updated On Fri, Dec 15th, 2017 by Saurenergy The hybrid solar systems would be installed in 3,222 government high and senior secondary schools at a cost of Rs 236.57 crore. In a significant decision, the Haryana government has decided to install hybrid solar systems in all government schools of the state in a phased manner. To begin with, the hybrid solar systems would […] Read more
President of India gives away National Energy Conservation Awards and National Painting Competition Prizes for 2017 Updated On Thu, Dec 14th, 2017 by Saurenergy Industry must cooperate with Government to set up Energy Banks, to meet increasing Energy demand in the Country: Shri Ram Nath Kovind India to reduce Energy Intensity of Economic Growth by one-third by 2030, aim towards Responsible Growth: Shri R.K. Singh India to exceed its Renewable Energy target of 175 GW, to comfortably cross 200 […] Read more
Saudi Arabia to Establish $51.22 Million Solar Plant in Bangladesh Updated On Thu, Dec 14th, 2017 by Saurenergy The solar power plant is expected to produce 40MW to 100 MW of power in Bangladesh and will be completed within six months. Saudi Arabia has signed solar power agreement in Dhaka to set up $51.22 Million solar plant in Bangladesh. The agreement was signed between the Federation of Bangladesh Chambers of Commerce and Industry […] Read more
GST Increases Cost of Solar Projects by 12 Percent, Says AISIA Updated On Wed, Dec 13th, 2017 by Saurenergy Under the current GST regime, “solar power cost will see upward escalation”, the All India Solar Industries Association said. The Goods and Services Tax (GST) has led to 10-12 percent rise in overall cost of solar projects, the All India Solar Industries Association has said, while petitioning the government against the rise in tax incidence […] Read more
Solar Panel Warranty Insurance Policy Introduced by ICICI Lombard Updated On Wed, Dec 13th, 2017 by Saurenergy The park developers and park owner will be the sole beneficiary as insured, which the Solar Panel Warranty Insurance aims to cater at large. Solar park developers can now be covered by ICICI Lombard General Insurance, the company recently announced. While announcing the company stated “The standalone insurance product gives comfort to lenders and investors […] Read more
