Government’s New Solar Norms Prevents DISCOMSs from Terminating PPAs Updated On Wed, Aug 23rd, 2017 by Saurenergy The solar guidelines, laid down by the renewable energy ministry, prevent DISCOMs from unilaterally amending or terminating PPAs. India has announced new norms to improve bankability of solar power projects and boost investments without raising tariff, even as the International Renewable Energy Agency (IRENA) said the country can raise renewable energy use to meet a […] Read more
MNRE Drafts New Guidelines on Solar Power Procurement Updated On Wed, Aug 23rd, 2017 by Saurenergy Prepared by the MNRE, the new guidelines cover the grid-connected solar PV power projects with a size of 5 mw and above, and will help in reducing off-takers’ risks, encourage investments, enhance bankability of projects and improve profitability for investors. The government has implemented new rules for buying power from grid-linked solar power projects through […] Read more
Increasing Use of Advanced Materials and Emerging Solar Technologies to Propel the HAPS Market: Technavio Updated On Sat, Aug 5th, 2017 by Saurenergy The global HAPS market will post a CAGR of 14% during the forecast period. A major driver that propels the growth of the global HAPS market is the cost effectiveness of HAPS as well as their long-endurance and augmented flight range capability. Technavio in its latest market report on the global high-altitude pseudo satellites (HAPS) […] Read more
SOLAR AND PAPER INDUSTRY ALIGNED Updated On Wed, Aug 2nd, 2017 by Saurenergy The paper industry in India has become more promising as the domestic demand is on the rise. Increasing population and literacy rate, growth in GDP, improvement in manufacturing sector and lifestyle of individuals are expected to account for the growth in the paper industry of India. Notwithstanding, paper sector is one of the most energy-critical […] Read more
Etrion Completes 9.5 MW Aomori Solar PV Project in Japan Updated On Sat, Jul 22nd, 2017 by Saurenergy The Aomori solar project was built in collaboration with Japanese company Hitachi High-Technologies. The solar PV project is expected to produce approximately 10.7 GWh of solar electricity. Etrion Corporation, a solar independent power producer has completed construction of 9.5MW utility-scale solar PV project in Japan, and connected to the grid the remaining two sites of […] Read more
Luminous Aims at 35 Percent Business from Solar Power in Next 5 Years Updated On Wed, Jul 12th, 2017 by Saurenergy Luminous Power Technologies will be entering the business of solar power-based solutions for residential homes in next six months and is in talks with several lending companies to provide financing options of its solar-based solutions to customers. Luminous Power Technologies is expecting solar power business to contribute up to 35 per cent to its overall […] Read more
RaysExperts commissions 5.5 MW solar project for an Indian PSU Updated On Tue, Jun 20th, 2017 by Saurenergy Apart from this RaysExperts has also commissioned a 5.5 MW solar installation for Delhi Metro Rail Corporation. It also has major projects under NHPC, NDMC, SECI, and CPWD in the lineup. RaysExperts has announced the commissioning of its 5.5 MW solar project for an Indian PSU. The solar plant is projected to generate electricity worth […] Read more
Mytrah Energy reports USD 362.23mn in revenue Updated On Wed, Jun 14th, 2017 by Saurenergy The renewable power producer Mytrah Energy entered into PPAs for 140 MW of solar power capacity, bringing the total to 422 MW AC in Telangana, Punjab and Karnataka Renewable energy company Mytrah Energy Ltd. announced its full year results for the year ended 31 December 2016. The company reported full year revenues of USD 362.23mn, […] Read more
Vikram Solar hits 1GW solar module production capacity milestone Updated On Mon, Jun 12th, 2017 by Saurenergy Vikram Solar is planning to further increase the solar module production capacity to 2 GW by 2020. Indian solar module manufacturing giant Vikram Solar has announced that it has reached 1 gigawatt production capacity milestone. In doing so, the company is contributing to the Indian government’s target of reaching 100 GW of installed solar energy […] Read more