Government announces Trajectory to achieve its targets of commissioning 100 GW of Solar generating capacity and 60 GW of Wind power by 2022 Updated On Fri, Nov 24th, 2017 by Saurenergy Government to conduct Third Wind Power Auction of 2000 MW Capacity Power Supply Agreements signed by SECI with utilities of UP, Bihar, Jharkhand, Assam, Punjab, Goa and Odisha The Government today announced the trajectory for achieving its targets of commissioning 175 GW of Renewable Energy (RE), 100 GW of solar generating capacity and 60 GW […] Read more
Solar Power to provide Nagpur Metro’s Energy Needs at Less Than Rs4.50 a Unit Updated On Fri, Nov 24th, 2017 by Saurenergy Mahametro plans to meet 65 percent of its energy needs through solar power and the total installed capacity required is 14 MW. In a significant development, Nagpur Metro has planned to go in for captive solar power generation and will get it at Rs 4.50 a unit. It will use costly conventional power in evening. […] Read more
International Solar Alliance Energizing Future Updated On Wed, Nov 22nd, 2017 by Saurenergy India’s brainchild, the International Solar Alliance celebrated its inception this November, and looks ahead to become a legal entity on 6th December 2017. An Indian initiative to forge a global coalition to harness solar energy, International Solar Alliance was launched at the CoP21 Climate Conference by Prime Minister Narendra Modi and the then French President Francois […] Read more
TATA Power Commissions 25MW Solar Power Plant in Gujarat Updated On Wed, Nov 8th, 2017 by Saurenergy The total installed operating capacity for TPREL with this project now stands at 1484 MW. Tata Power’s wholly-owned subsidiary, Tata Power Renewable Energy Ltd. has successfully commissioned a 25MW solar power plant in Charanka, Gujarat Solar Park. The company secured the project in November 2016 through viability gap funding mode under the National Solar Mission […] Read more
Investonomics on Indian Sun is Hot! Updated On Tue, Nov 7th, 2017 by Saurenergy Today, solar power is not merely a power demand catalyst rather this sector preaches colossal economics in the world affairs. Clouds around solar sector have dynamically revolved as murmurs of its transient nature of solar power are eluded. Solar and wind projects in the country would attract USD 20 billion investment each year from next […] Read more
Rooftop Solar Sector in India – Challenges and a Way Ahead Updated On Wed, Nov 1st, 2017 by Saurenergy Rooftop Solar Sector is going to be vital in achievement of Government targets for Solar Electricity Production in India. Many initiatives have been taken by Government for promotion of this sector in last couple of year. Some of them are: 1) Central Agency SECI and various state nodal agencies have come up with tenders for […] 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
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
Key technology trends shaping the Global Solar Industry Updated On Mon, Oct 23rd, 2017 by Saurenergy Innovation in Finance When asked about the direction of innovation in financing for clean energy Manish Chaurasia, Managing Director, Tata Cleantech Capital Ltd. (TCCL) said, there is a lot of innovation happening in clean energy financing on a global scale. From securitization of assets to setting up of yield to monetize and plough back capital, […] Read more
