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
Viz-A-Viz with Praveer Sinha CEO and MD, Tata Power Company Ltd Updated On Mon, Jul 2nd, 2018 by Saurenergy Q. As in recent quarters Tata Power’s renewable portfolio proved to be a boon for the financial health of the company. How do you see the future of the company’s renewable segment in the country in coming years? As Tata Power aims to achieve up to 40% of its generation capacity from non-fossil fuel by […] Read more
Green Certificates Sales Dip 32% on Power Exchanges in June Updated On Fri, Jun 29th, 2018 by Saurenergy The IEX and PXIL sold 5,09,744 and 3,86,485 RECs respectively, totalling 8,96,229 RECs in June during the recent auction. The sale of Renewable Energy Certificates (RECs) has dropped 32 percent to 8.96 lakh in June against 13.15 lakh in May this year on Indian Energy Exchange and Power Exchange India Ltd, according to an official data. Further, the Renewable Purchase Obligation (RPO) is […] Read more
Canadian Solar Converts Former Japanese Golf Course into 56 MWp Solar Power Plant Updated On Fri, Jun 29th, 2018 by Saurenergy Further, the Yamaguchi Shin Mine project solar power system, powered by 173,000 Canadian Solar CS6U modules, is expected to generate approximately 66,000MWh of electricity every year. Publicly traded solar PV modules maker Canadian Solar has commissioned its 56.3 MWp solar power project in Japan during May this year. The company said in a statement that, “Its 56.3 MWp […] Read more
Renewable to be Half of Total Installed Capacity by 2030: RK Singh Updated On Tue, Jun 26th, 2018 by Saurenergy It (power demand) will go up further, which means we will need to expand our capacity, so energy is a good market here By the end of 2030, the renewable energy mix in India’s electricity mix would account for around 55% of the total electricity. The country is expanding and growing in its installation capacity […] Read more
Regulatory Challenges to Prolong, No Respite for Renewable Energy Certificates Updated On Tue, Jun 26th, 2018 by Saurenergy The obligated entities may prefer to continue to buy renewable power directly rather than using renewable energy certificates (DECs), to comply with their renewable power obligations There would be a lot of regulatory challenges that renewable certificates will continue to face and obligated entities may prefer to buy clean energy directly. India Rating and Research said, “The […] Read more