Solar Energy Production in the year 2018-19 was 21.365 Billion Units Updated On Wed, Dec 12th, 2018 by Saurenergy Central Electricity Authority (CEA) has reported that the total solar energy production in the year 2018-19 was 21.365 Billion Units (BUs), as on 31.10.2018. The year-wise details of solar energy production since, 2015 are given as under: – S. No Year Generation from Solar Projects (BUs) 1. 2015-16 7.448 2. 2016-17 13.499 3. 2017-18 25.871 […] Read more
India to Add 10000 MW Renewable Energy Capacity in 2020: Icra Updated On Wed, Dec 12th, 2018 by Saurenergy The current trend prediction comes on the back of the fact that the share of renewable energy has been steadily rising in India’s energy mix. Renewable energy capacity addition can be expected to be around 10000 MW in financial year 2019-2020, rating agency Icra has said while maintaining a stable outlook for the renewable energy […] Read more
Ministry of New and Renewable Energy Conferred the Skoch Award for National Significance Updated On Mon, Dec 10th, 2018 by Saurenergy Considering the impact of the ministry, its purpose and the critical role played by the government in installing about 73 GW of renewable energy, the ministry had been selected for the award. Recognizing the pivotal role government plays in pushing green energy, Ministry of New and Renewable Energy, Government of India has been conferred with […] Read more
Best Practices for Solar Rooftop Updated On Fri, Dec 7th, 2018 by Saurenergy How to Choose the Best Solar System for Your Roof Being a tropical country, India is blessed to have a good amount of access to natural resources like solar. About 5,000 trillion kWh per year energy is incident over India’s land area with most parts receiving 3-5 kWh per sq. m per day. Based upon […] Read more
SB Energy, Adani Green Win 840 MW at SECI’s Hybrid Auction Updated On Thu, Dec 6th, 2018 by Saurenergy SB Energy has won the project at Rs 2.67 per unit of electricity generated while Adani Green Energy won at Rs 2.69 per unit at the auction. In the Solar Energy Corporation of India’s (SECI’s) first wind-solar hybrid auction of 1,200 MW capacity, SoftBank-backed SB Energy and Adani Green Energy won 450 MW and 390 MW respectively. Further, […] Read more
NEPCO Gets $265 Mn EBRD Loan to Bolster Jordan’s Renewable Energy Updated On Thu, Dec 6th, 2018 by Saurenergy The loan will strengthen NEPCO’s balance sheet through refinancing of existing short-term debt and will fund vitally needed investments to enhance the capability of the grid to absorb and manage renewable power. Multilateral developmental investment lender European Bank for Reconstruction and Development (EBRD) will provide a USD 265 million loan to Jordan’s National Electric Power […] Read more
NTPC Touches 5 Trillion MW of electricity generation Updated On Tue, Dec 4th, 2018 by Saurenergy With multiple tenders issued across different genre, company has projects of over 20,000 MW under construction at multiple locations in the country. One of the India’s largest energy producers, National Thermal Power Corporation (NTPC) has achieved a milestone of generating 5 trillion units as on November 30,, 2019 using its power infrastructure spread across the […] Read more
Rise of Renewable Energy to Put Competitive Pressure on Coal Plants: Fitch Updated On Thu, Nov 29th, 2018 by Saurenergy The report further said that the share of renewable energy sector will be further boosted by falling technology cost and increasing availability of cheaper finance. Despite the dominance of coal as a major source of electricity, a steady shift towards renewable energy is slated create competitive pressure on some thermal power plants, especially in developing […] Read more
IL&FS to Monetise its Green Energy Portfolio Worth Rs 8,000 Crore Updated On Thu, Nov 29th, 2018 by Saurenergy This comes on the backdrop of IL&FS already having received a good response for the potential sale of its two arms. Debt laden Infrastructure Leasing & Financial Services has decided to monetize its renewable energy assets worth Rs 8,000 crore and has initiated the process to sell its controlling stake in green energy business as […] Read more
