Under KUSUM Scheme, Govt. to Provide 2.75 Million Solar Pumps to Farmers Updated On Fri, Jun 8th, 2018 by Saurenergy “Initially the solar-pumps will be distributed as per the demand from each region but at the later stage, if required, we will provide more pumps,” power minister R K Singh. Under the first phase of Kisan Urja Suraksha Evam Utthaan Mahaabhiyan (KUSUM) scheme that is to be launched by July 2018, the government will provide 2.75 million […] Read more
CleanMax Solar Bags FT, IFC Transformational Business Awards 2018 Updated On Thu, Jun 7th, 2018 by Saurenergy The company was shortlisted out of the 189 entries received from across 126 countries, thus making CleanMax Solar the first Indian company to win this award in a category with Tata Motors at their Sanand facility in Gujarat. In the Transformational Business Award 2018, CleanMax Solar, a sustainability partner for India’s leading corporates, has won […] Read more
Lower Incentives for Chinese Solar Developers to Benefit India, says ICRA Updated On Thu, Jun 7th, 2018 by Saurenergy Revision in feed-in tariff rates and imposition of installation caps for solar power projects by the Chinese government is expected to negatively affect the demand for solar modules in China. Credit rating agency ICRA said that the reduction in subsidies for solar energy projects in China will benefit Indian solar independent power producers (IPPs) with softer module prices. The agency said in a statement […] Read more
Cabinet Okays Continuation of Off-grid, Decentralised Solar PV Applications Programme Updated On Thu, Jun 7th, 2018 by Saurenergy The total project of the 3 components included under the phase-III is Rs 1,895 crore of which Rs 637 crore will be provided as central financial assistance. The government has provided its consent for implementing phase-III of off-grid and decentralized solar PV application programme to achieve additional 118 MWp (Mega Watt peak) off-grid solar PV […] Read more
Union Cabinet Nods for 3 lakh Solar Street Lights in NE States, Maoist Affected Areas Updated On Thu, Jun 7th, 2018 by Saurenergy Prasad said that 3,00,000 solar street lights will be installed throughout the country with special emphasis on areas where there is no facility for street lighting systems through grid power, northeastern states, and Maoist-affected districts. In order to light up the streets of northeastern states and Maoist affected districts, the Union Cabinet on Wednesday has […] Read more
JinkoSolar US Arm Inks 1.43 GW Solar Panel Supply Pact with sPower Updated On Wed, Jun 6th, 2018 by Saurenergy The deal includes significant down payments, which will help Jinko expand its manufacturing capacity in the United States and Asia. One of the leading PV modules supplier JinkoSolar Holding’s US subsidiary has signed a three-year deal to supply 1.43 GW of high-efficiency modules to sPower. sPower is the leading renewable energy independent power producer (IPP). […] Read more
Cabinet approves Continuation of Off-grid and Decentralised Solar PV Applications Programme – Phase III Updated On Wed, Jun 6th, 2018 by Saurenergy The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for implementation of Phase-Ill of Off-grid and Decentralised Solar PV (Photo Voltaic) Application Programme to achieve additional 118 MWp(Mega Watt peak) off-grid solar PV capacity by 2020. Phase-Ill of Off-grid and Decentralised Solar PV Application Programme covers […] Read more
Greenko in Advance Stages of Buying Essel Infra’s Solar Biz Updated On Tue, Jun 5th, 2018 by Saurenergy When contacted, an Essel spokesperson told sources, “As an infrastructure conglomerate, we keep on evaluating various opportunities. However, we would not like to comment on market speculation.” Greenko also declined to comment on the deal. A part of Subhash Chandra-led Essel group, Essel Infraprojects is in advance stage of selling 685 MW solar business to […] Read more
MahaMetro to Save Rs 12 Cr on Power Bills by Going Solar Updated On Tue, Jun 5th, 2018 by Saurenergy The cost of solar power per unit is Rs 3.58 whereas the MSEDCL supplies it for Rs 9.67 per unit. On top of the three metro stations, the MahaMetro has started installing solar panels that will supply power to stations. In order to save charges on its power bills, MahaMetro will supply solar power to […] Read more
