Renewables Supply 75% of Electricity in India by 2050: BNEF Report Updated On Sat, Jul 7th, 2018 by Saurenergy “By 2050, renewables supply 87 percent of electricity in Europe, 55 percent in the US, 62 percent in China and 75 percent in India.” The Bloomberg New Energy Finance (BNEF) in its latest New Energy Outlook 2018 (NEO) has forecasted that the renewable energy supply will account of 75 percent of electricity in India by […] Read more
Manufacturing to Become a Key Element for Solar Power Projects, says Govt. Updated On Fri, Jul 6th, 2018 by Saurenergy So the bigger bids will be focused on manufacturing, while smaller bids will take care of smaller developers. If there is one big bid and one player takes it all, that will be unfair. As the country aims to add close to 500 GW of renewable energy capacity by 2030, the government plans to make […] Read more
MNRE Extends Timeline for Implementing 40 GW ‘Solar Parks and Ultra Mega Solar Power Projects’ Scheme to 2021-22 Updated On Thu, Jul 5th, 2018 by Saurenergy The timelines of the scheme is extended from 2019-20 to 2021-22 without any additional financial implication. The Ministry of New and Renewable Energy (MNRE) has extended the timeline for the implementation of 40 GW scheme for developing solar parks and ultra mega solar power projects from 2019-20 to 2021-22. The MNRE said in a statement […] Read more
Subsidies in Power Sector Should be Routed via DBT: RK Singh Updated On Wed, Jul 4th, 2018 by Saurenergy The Power Minister said, center is ready to provide more funds if needed for infrastructure creation and the states meeting their targets speedily will be incentivized. The Power and New & Renewable Energy Minister R. K. Singh said that subsidies in power sector should be routed through Direct Benefit Transfer (DBT). While addressing the Conference of […] Read more
Parrikar Held Meeting with Goa Power Dept. Over Solar Policy Implementation Updated On Wed, Jul 4th, 2018 by Saurenergy For the generation of grid-connected solar power a power purchase agreement has to be signed between consumers and the electricity department. In order to streamline the implementations of a solar policy in Goa, Chief Minister Manohar Parrikar held a meeting with officials of the electricity department and Goa Energy Development Agency (GEDA). Manohar Parrikar was instrumental in […] Read more
Rooftop Power Plants Can Save 95 Percent on Bills, Says Study Updated On Wed, Jul 4th, 2018 by Saurenergy Residents buying power from a community rooftop solar PV plant, via a subscription plan, could also save up to 35% on their electricity bills. These savings have been estimated over the 25-year lifetime of these systems. Households owning rooftop solar systems could save up to 95% on their electricity bills, says an independent study released at the CEEW Renewable Energy Dialogue […] Read more
PROINSO, Joules Power to Build First Utility-Scale Solar Project in Bangladesh Updated On Wed, Jul 4th, 2018 by Saurenergy The project is located in Teknaf, a sub-district of Cox’s Bazar, in the Division of Chittagong. It forms the southernmost point of mainland Bangladesh and has a population of over 200,000. In a first of its kind in the country, PROINSO, a global energy supplier, has commissioned a 28MWp utility-scale project in Bangladesh. PROINSO UK […] Read more
7 Race Course to Install Solar Power Dome Updated On Mon, Jul 2nd, 2018 by Saurenergy “The dome that has been installed at the PM’s residence produces 20 watt LED light during the day and 6 watt during the night. It has 10 years duration and costs Rs 1,700” Gon Chaudhuri said. Prime Minister of India’s residence at 7 Race Course Road, New Delhi has been graced with the Solar dome […] Read more
India Plans to Auction 40 GW Renewables Per Year for Next 10 Years Updated On Mon, Jul 2nd, 2018 by Saurenergy “We have to do 350 GW in solar (to meet demand by 2030), of which 100 GW is planned till 2022. So we have to bid out at least 30 GW each year from 2020 onwards to achieve additional 250 GW.” To boost the local manufacturing and help developers of the country, India has decided […] Read more
