India’s Effort in Renewable Energy Led To Drop in Solar Price Updated On Wed, Nov 8th, 2017 by Saurenergy US Senator Merkley during the hearing on Energy and International Development stated that because of India’s effort in renewable energy there has been a considerable drop in solar price. India’s massive effort towards renewable energy has resulted in considerable drop in solar price and the country now believes that the solar power is cheaper than […] Read more
Saubhagya Scheme to Be in Spotlight at Power Ministers’ Meet Updated On Tue, Nov 7th, 2017 by Saurenergy Four crore households are estimated to be electrified under the Saubhagya scheme. Around 90 per cent of these are located in 7 States namely Uttar Pradesh, Bihar, Madhya Pradesh, Odisha, Jharkhand, Rajasthan and Assam. The Centre is expected to ask states to submit their plans and funding requirements for providing electricity to four crore families […] Read more
Europe’s First Blockchain Project to Stabilize the Power Grid Launches Updated On Sat, Nov 4th, 2017 by Saurenergy The blockchain solution was developed by IBM while sonnen provides the pool of home energy storage systems that form the network and are operated by sonnen e-Services. The intelligent management of the energy storage systems adapts individually to the respective situation in TenneT’s grid. The first pilot project in Europe using decentralized networked home energy […] Read more
Decline in Installation Cost to Drive Growth of Renewable Updated On Thu, Nov 2nd, 2017 by Saurenergy Global power generation from renewable sources has almost quadrupled in the last 10 years, while global installed renewable capacity had grown by over six times to 770GW by the end of 2016. A significant decline in the cost of installing solar and wind power over the last decade should ensure sustained renewables growth in all […] Read more
Global concentrated solar power market to reach USD 8.92 billion by 2025: Research and Markets Updated On Wed, Nov 1st, 2017 by Saurenergy Research and Markets in its new report predicts the global concentrated solar power market to reach USD 8.92 billion by 2025. Increasing awareness about renewable energy along with government regulations to control growing carbon footprint is further propelling the market growth. Increasing clean energy adoption over non-renewable fuels is expected to drive the global concentrated […] Read more
UK Climate Investments and Lightsource Tie-up for Solar Power Projects in India Updated On Tue, Oct 31st, 2017 by Saurenergy UK Climate Investments will provide 49 percent equity for the construction of the first project partnership with Lightsource to develop and construct up to 300MW of solar power projects. Lightsource Renewable Energy and UK Climate Investments, part of the Green Investment Group within Macquarie Infrastructure and Real Assets, have entered into a partnership agreement to […] Read more
State Bank of India Floats Fund for Solar Power Projects Updated On Tue, Oct 31st, 2017 by Saurenergy SBI has funded 43 rooftop solar power projects with the capacity of 475MW by availing line of credit from World Bank. State Bank of India has signed an agreement with seven companies for funding rooftop solar power projects. The seven companies include Adani Group, JSW Energy, Hinduja Renewables, Tata Renewables Energy, Azure Power, Cleantech Solar […] Read more
Indian Solar Power Market Witnesses Change in Demand-Supply Landscape Updated On Mon, Oct 30th, 2017 by Saurenergy Lack of visibility over project pipeline is forcing solar power developers to bid aggressive tariffs and reconsider strategic options including consolidation. The Indian solar power market is being tested to its limits. GST has increased execution costs. Module prices have shot up when bidders were factoring in another 20% price decline by the end of […] Read more
United States Decision on Paris Doesn’t Matter For Renewable Growth: Fitch Ratings Updated On Mon, Oct 30th, 2017 by Saurenergy Fitch Ratings predicts that power generation from renewable resources has nearly quadrupled in the last decade and expanded more than six times to 770GW at the end of last year. The United States plan to withdraw from the multilateral Paris climate agreement doesn’t matter for the pace of growth for renewables globally, as mentioned in […] Read more
