Over Rs. 71,200 crore sanctioned for Renewable Energy Sector by Banks & NBFCs since February, 2015 Updated On Mon, Apr 11th, 2016 by Saurenergy Banks & Non-Banking Financial Companies (NBFCs) have sanctioned over Rs. 71,201.54 crore to finance various renewable energy projects and disbursed Rs. 29,529.57 crore against the sanctioned amount since February 2015 till 21 March, 2016. During RE-INVEST 2015, 40 major Banks and Non-Banking Financial Companies (NBFCs) committed to provide debt funding to Renewable Energy Projects aggregating […] Read more
Govt. upbeats Solar Power Generation to 48GW by 2019 Updated On Mon, Apr 11th, 2016 by Saurenergy Eyeing the indigenous growing solar reputation, the government is aiming to extend the solar power generation capacity to 48GW by early 2019, giving an early deed to the promising 100 GW National Solar Mission chalked by 2022. Latest projections from The Ministry of New and Renewable Energy (MNRE), has benchmarked a target generating 48GW grid […] Read more
‘Graphene’ can solve the Rainy Day Riddle of Solar Power Updated On Fri, Apr 8th, 2016 by Saurenergy Dilemma of solar power working on nights or during inclement weather has given hesitant reasons to rely on this source of green energy. As technology leapfrogs rainy days might also not affect the potential of solar. Researchers are undergoing revolutionary experiments with the wonder material ‘graphene’ (its potential has defined new dimensions in semiconductors too) […] Read more
MNRE releases year wise cumulative target to achieve 100GW Grid connected Solar Power Project Updated On Thu, Apr 7th, 2016 by Saurenergy Ministry of New and Renewable Energy has chalked out year wise and cumulative target to achieve 1,00,000 MW Grid connected Solar Power Project by the year 2021-22 under National Solar Mission. The ministry notes that in case of major events, such as shortage of panels in international market or in the domestic market, a portion […] Read more
EDF Renewable Energy signs 15 year PPA with a California Utility for 111 MWac Solar Project Updated On Thu, Apr 7th, 2016 by Saurenergy EDF Renewable Energy has signed a 15-year Power Purchase Agreement with Southern California Edison (SCE) for 111.2 megawatt alternating current (MWac) solar project. The Valentine solar project will deliver clean electricity to SCE starting December 2019. Valentine Solar spreads across 1,260 acres of private land in Kern County’s Mojave Desert, adjacent to company’s Catalina Solar […] Read more
Micro Solar Dome Surya Jyoti to save millions of units of power: Harsh Vardhan Updated On Tue, Apr 5th, 2016 by Saurenergy Union Minister for Science & Technology and Earth Sciences, Harsh Vardhan has launched a low cost and environment-friendly solar lighting device dubbed as Surya Jyoti. The device developed under the aegis of the Department of Science & Technology would prove to be a boon for the urban and rural households in the country that do […] Read more
Haryana’s revised solar power policy for 2016-2022 Updated On Tue, Apr 5th, 2016 by Saurenergy Haryana Government has announced new solar power policy for the year 2016-2022 in march this year, having launched its original solar policy couple of years back. The latest policy brings target of adding 3.2GW of solar power by the end of 2022. Haryana Govt. has also increased renewable purchase obligation (RPO) requirements from 3% to […] Read more
Toshiba Corp to install Solar-powered hydrogen system at Musashimizonokuchi train station in Japan Updated On Mon, Apr 4th, 2016 by Saurenergy Toshiba Corp has received an order to install H2One hydrogen energy supply system from East Japan Railway Co (JR East). The firm will install its carbon dioxide (CO2)-free stand-alone hydrogen energy supply system at Musashimizonokuchi Station in Kawasaki City and will start operating from next year. H2One uses a renewable energy source and hydrogen-powered fuel […] Read more
Haryana Government to make installation of solar power plants mandatory Updated On Mon, Apr 4th, 2016 by Saurenergy Haryana Government has decided to make installation of solar power plants mandatory for housing societies, industries and other specified categories of buildings. Haryana Principal Secretary, Renewable Energy, Ankur Gupta said notification has been issued in this regard to promote green and clean power and set a high trajectory for solar power generation in the State. […] Read more
