India’s Five States host two-thirds of country’s Solar Power Capacity Updated On Tue, Jan 10th, 2017 by Saurenergy Andhra Pradesh, Telangana, Gujarat, Rajasthan and Tamil Nadu accounts for 67% of the total solar power capacity operation in India. Solar power installed capacity is highly concentrated in few states in India. This is largely the result of proactive initiatives taken by some states that are also endowed with ample solar radiation resource and surplus […] Read more
MNRE to offer financial incentives to DISCOMs to Support Rooftop Solar Power Updated On Mon, Jan 9th, 2017 by Saurenergy Ministry of New and Renewable Energy will provide financial incentives to DISCOMs for Rooftop Solar Power In a new policy move, the Ministry of New and Renewable Energy (MNRE) has announced financial incentives for DISCOMs to support rooftop solar power installations. The notification proposes a financial support of up to INR 3.75m (USD 55,000)/MW for […] Read more
sPower hits one gigawatt (GW) milestone for operating solar power projects before the end of 2016 Updated On Mon, Jan 9th, 2017 by Saurenergy In just the last 65 days, the company connected nearly 500MW of wind energy and solar power projects to the grid. sPower has announced that it has crossed the one gigawatt (GW) milestone for operating solar power projects before the end of 2016. This takes sPower’s total portfolio of operating renewable assets to 1,153 megawatts […] Read more
REC lends Financial Assistance to IIT Madras for 2MW rooftop solar panel on campus Updated On Sat, Jan 7th, 2017 by Saurenergy Rural Electrification Corp (REC) has provided funds of Rs 1450 lakhs under CSR activities to IIT Madras for rooftop solar panel installation. Rural Electrification Corp (REC) has extended a financial assistance of Rs 1450 lakhs under Corporate Social Responsibility (CSR) initiative to Indian Institute of Technology Madras (IIT Madras) for the project installation of 2MW […] Read more
Global BIPV and BIOPV Market expected to reach USD 31.14 billion by 2024 Updated On Thu, Jan 5th, 2017 by Saurenergy Solar PV, BIPV and BIOPV Market Share will be reaching to SD 31.14 billion by 2024 The global Solar PV, BIPV and BIOPV market size is expected to reach USD 31.14 billion by 2024, according to a new report by Grand View Research. Rising adoption of solar energy generation by renewable sources without comprising on […] Read more
Solar Power to Become Economical than Coal by 2025 Updated On Tue, Jan 3rd, 2017 by Saurenergy As reported on Bloomberg, solar is expected to get cheaper than coal by 2025 According to the reports, the solar power has become quite cheaper than the coal in various parts of the world. In less than a decade, it’s likely to be the lowest-cost option almost everywhere. In 2016, countries from Chile to the […] Read more
Gujarat Government to announce Solar-Wind Hybrid Policy 2017 Updated On Fri, Dec 30th, 2016 by Saurenergy Considering the advantages of integrated solar and wind power projects, the state government of Gujarat has decided to announce a new policy for such hybrid plants. It will be called Solar-Wind Hybrid Policy 2017. The government intends to invite suggestions from interested companies and other stakeholders for the proposed policy within a month. “The decision […] Read more
Sterling and Wilson secures 170 MW Solar Project in Morocco Updated On Tue, Dec 27th, 2016 by Saurenergy Global solar EPC firm Sterling and Wilson has signed an agreement with a consortium led by ACWA Power to construct a 170 MW photovoltaic (PV) facility in Morocco. The agreement was signed during a ceremony at COP 22 in Marrakech, the company said in a statement. “The NOOR PV I Program will consist of three […] Read more
Year-End Review – Ministry of Power Updated On Mon, Dec 26th, 2016 by Saurenergy In view of the growing need of the Indian Economy, Government of India has embarked upon a massive programme to provide 24×7 power across the country by 2019. After the completion of half of its term, the Government has achieved many important milestones in the Power sector. Special focus has also been given to North East by giving […] Read more
