Ministry of Commerce & Industry releases Make in India New and Renewable Energy Sector – Achievement Report Updated On Thu, Jan 19th, 2017 by Saurenergy The New & Renewable Energy sector has witnessed the highest ever-solar power and wind power capacity addition over the last two years since April 2014. The Government has set a target of 175 GW of renewable energy capacity by end of 2022, making it the largest expansion in the world and providing plenty of opportunities […] Read more
Boaz Augustin, Chairman and MD of Borg Energy India Arrested For Defrauding Firms Updated On Wed, Jan 18th, 2017 by Saurenergy Borg Energy India Pvt Ltd is subsidy of Borg Inc. USA which is the largest solar power equipment manufacturing company in the world Hyderabad Police has arrested Boaz Augustin, Chairman and Managing Director of Borg Energy India Pvt Ltd for defrauding various firms to the tune of about Rs 100 crore. Cybercrime police of Detective […] Read more
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
SECI to float 2300MW Solar Power bids Soon Updated On Mon, Jan 9th, 2017 by Saurenergy Solar Energy Corporation of India will soon release 2300MW of solar power projects. Solar Energy Corporation of India (SECI) will shortly float tenders for putting up of solar power projects with capacity of 2300MW, its managing director Ashvini Kumar announced. The corporation has committed to finalize tenders for producing 5,500-mw of solar energy, of which […] Read more
India’s Two Renewable Energy Projects contributes towards Climate Battle Updated On Fri, Jan 6th, 2017 by Saurenergy Two world-leading renewable energy projects have opened in the Tamil Nadu contributing towards Climate Battle. A £3m industrial plant is capturing the CO2 emissions from a coal boiler and using the CO2 to make valuable chemicals. It is a world first. And just 100km away is the world’s biggest solar farm, making power for 150,000 […] Read more
Mercom Capital forecasts solar capacity addition of more than 9GW in India in 2017 Updated On Tue, Jan 3rd, 2017 by Saurenergy Solar installation of over 9 GW in 2017 would put the Indian solar sector in the big leagues along with China, the United States, and Japan Global clean energy communications and consulting firm, Mercom Capital forecasts solar capacity addition in India of over 9 GW during the current calendar year 2017. 2016 saw solar installations […] 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
Rooftop solar units from third party costs 40 percent cheaper than DISCOMs Updated On Thu, Dec 22nd, 2016 by Saurenergy Rooftop solar units installed on industrial and corporate establishments by third parties are offering power 30-40% cheaper than the rates offered by the state’s power distribution companies. This gap is expected to widen further as thermal power companies would need to increase tariffs to accommodate inflationary measures and solar modules prices fall further. The model […] Read more
With 2017 approaching, India aspires to become the fastest growing solar market in the world Updated On Tue, Dec 20th, 2016 by Saurenergy As the 2017 knocks at the door, it is worth taking a look at the Indian solar sector to analyze key the trends, challenges and outlook. Key highlights include record project volumes – both for capacity addition and issue of new tenders, improving power Distribution Company (DISCOM) financial position as a result of UDAY scheme, […] Read more
