Solar Energy Scheme for small powerloom units will get Rs. 2.5 lakh Subsidy per unit Updated On Mon, Nov 27th, 2017 by Saurenergy The scheme will enable to repay the bank loans in a span of 3 to 4 years. Solar energy scheme for small units of powerlooms was announced by the Ministry of Textiles in regards with on-grid solar PV plant (without battery backup) and off-grid solar PV plant (with battery backup) in which a subsidy of […] Read more
Solar Rooftops to Cater 90 Percent Power To Chennai Corp Buildings Updated On Sat, Nov 25th, 2017 by Saurenergy By installing these solar panels, it is assumed that 90 percent of the power needs of the corporation buildings will be met through this project. In a bid to swerve towards clean energy from non-renewable energy, the Greater Chennai Corporation is all set to install solar panels in 1,378 Chennai corporation owned buildings. According to […] Read more
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
50 MW Solar Power Project Sanction to Refex Energy as EPC Contract Updated On Thu, Nov 23rd, 2017 by Saurenergy The Contract also included grid connectivity approval from Tamil Nadu State Electricity Authorities. A 50MW Grid interactive Solar power Project as Engineering, Procurement and Construction (EPC) contract has been clinched by Refex Energy, counts as leading sustainable energy solution provider firm in an auction organized by the public sector Neyveli Lignite Corporation (NLC). As an EPC contract, […] Read more
Andhra Pradesh to Purchase Electricity from Kadapa Solar Power Park Updated On Thu, Nov 23rd, 2017 by Saurenergy A total of about 460MW of solar power projects have been sanctioned to Engie in India. Andhra Pradesh after withdrawing its stand against a major state utility guideline will now purchase electricity from Kadapa Solar Power Park. The agreement will allow the state to buy electricity at a lower cost as compared to the proposed […] Read more
Coimbatore City Corporation to Set Up Two 1MW Solar Plants at Rs 5.5cr Each Updated On Tue, Nov 7th, 2017 by Saurenergy These two panels will be connected to the electricity board sub-station and the power generated will be transferred to the grid directly, and produce 4000 units each per day. The city corporation of Coimbatore plans to tap solar energy to bring down its electricity bills by setting up two plants of 1MW capacity each at […] Read more
Indian Solar Capacity to Hit 20GW by FY 2017-18 Updated On Thu, Nov 2nd, 2017 by Saurenergy According to a report released by consulting firm Bridge to India, India is expected to reach an installed solar capacity of 20 gigawatts by the end of the present financial year (2017-18). This was the initial target under the National Solar Mission for March 2022, which was later updated to 100 gigawatts. The current utility […] Read more
Tata Power Renewable Energy Completes 30 MW Solar Plant in Maharashtra Updated On Tue, Oct 31st, 2017 by Saurenergy With the acquisition of Welspun Renewables Energy Pvt. Ltd., TPREL’s portfolio has grown to 2.2GW. Tata Power Renewable Energy Ltd (TPREL), a subsidiary of private power manufacturer Tata Power has commissioned 30 Megawatt (MW) solar power plant at Satara in Maharashtra. Tata Power Renewable Energy mentioned in its statement that the plant will produce over 62 million kilowatt hour […] 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
