India Needs Energy Efficiency By Maximising Supply Of Renewable Energy Sources: Niti Aayog Updated On Fri, Feb 24th, 2017 by Saurenergy “We’re at a time when prices of renewable energy sources like solar are falling rapidly. This will soon spread to different energy sources” Buoyed by falling solar tariffs, Niti Aayog today said India needs energy efficiency by maximising supply of renewable energy sources to help realise the goal of sustainable development for affordable and clean […] Read more
Sales of Renewable Energy Certificates (RECs) Dropped To 30 Per Cent in February Updated On Thu, Feb 23rd, 2017 by Saurenergy Power distribution companies as well as open access and captive consumers are under obligation to buy RECs from renewable energy producers under renewable purchase obligations (RPOs) as mandated by central and state regulatory commissions. Sales of renewable energy certificates (RECs) dropped 30 per cent to 10.93 lakh this month against 15.68 lakh in January this […] Read more
IDFC Bank Lends Rs 675 Crore for Rajasthan Solar Power Project Updated On Thu, Feb 23rd, 2017 by Saurenergy IDFC Bank will be sanctioning Rs 675 crore for a solar power project in Rajasthan owned by French company Solairedirect. IDFC Bank is creating a renewable energy niche in loans, sanctioning Rs 675 crore to a Rajasthan-based solar power project owned by French company Solairedirect. The deal could be an early sign of a revival […] Read more
NTPC commissions 115 MW capacity out of 260 MW of Bhadla Solar Power Project Updated On Thu, Feb 23rd, 2017 by Saurenergy NTPC has planned capacity addition of about 1,000 MW through renewable resources by 2017. In this endeavour, NTPC has already commissioned 310 MW solar power projects. NTPC has announced that it has commissioned 115 MW capacity out of 260 MW of Bhadla Solar Power Project. With this, the installed capacity of NTPC’s solar power projects […] Read more
Cabinet approves enhancement of solar power capacity from 20,000 MW to 40,000 MW Updated On Thu, Feb 23rd, 2017 by Saurenergy The State Government will first nominate the Solar Power Park Developer (SPPD) and also identify the land for the proposed solar park. It will then send a proposal to MNRE for approval along with the name of the SPPD. The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, Narendra Modi has approved the […] Read more
Phoenix Solar Pumps Renewable Energy Into IKEA Store Updated On Wed, Feb 22nd, 2017 by Saurenergy Installation of the solar panels by Phoenix Solar begins at IKEA Tampines in March and the project is expected to be completed in July this year. Singapore’s Phoenix Solar has announced that it has been awarded a contract by IKEA Southeast Asia to design and build a 1 MWp solar system on the roof of IKEA […] Read more
Global Concentrating Solar Power Market to Reach a Market Size of USD 10.96 Billion by 2021: Research and Markets Updated On Mon, Feb 20th, 2017 by Saurenergy Research and Markets forecasts the Middle East & African market to be the largest growing market for concentrating solar power installations from 2016 to 2021. Research and Markets in its new report projected the concentrating solar power market to reach USD 10.96 billion by 2021, growing at a CAGR of 10.3% from 2016 to 2021. […] Read more
Solar Power Tariff Falls Down to Rs 4.4 per unit in Tamil Nadu Updated On Mon, Feb 20th, 2017 by Saurenergy Solar power tariff in Tamil Nadu drops 40 percent to Rs 4.4 per unit in a year Solar power generation tariff was fixed at Rs 4.40 per unit by TANGEDCO. With this, the tariff came down from Rs 7.10 to Rs 4.40 within a year. The Tamil Nadu Generation and Distribution Cooperation (TANGEDCO) opened the […] Read more
Thalakulathur Solar Power Plant to Be Commissioned In March This Year Updated On Sat, Feb 18th, 2017 by Saurenergy “A total of 2630 solar panels were installed on the solar power project site. The plant, now constructed with a 650-kilowatt capacity, will supply power through Koduvally and West Hill sub stations.” The solar power plant at Thalakulathur constructed by KSEB will be commissioned in the second week of March and trial run of the […] Read more