Secret to Hit 40GW Updated On Sat, Apr 29th, 2017 by Saurenergy Government of India has rightly made rooftop solar power one of its top clean energy priorities. In 2014, the government revised the national solar installation target from 22 GW to an aggressive 100 GW by 2022 which is helping the country to become one of the world’s fastest-growing solar markets. The 100 GW target was […] Read more
Hope for Micro Grids Updated On Tue, Apr 18th, 2017 by Saurenergy While perennial sinking prices of renewable energy systems, integrating technologies such as photovoltaic rooftop systems and solar farms into regional grids will require energy storage in the form of batteries and other technologies for load continuity. Currently, about 1.2 billion people in emerging economies lack access to electrical power. The World Bank report claims that […] Read more
Rewa Solar Power Project to Achieve Commercial Closure Soon Updated On Sat, Apr 15th, 2017 by Saurenergy The 750 MW Rewa solar power project will be delivering generated energy to Madhya Pradesh Power Management Corporation Ltd and Delhi Metro Railway Corporation. The 750 MW Rewa solar power project in Madhya Pradesh, which boasts of a three-tier payment security mechanism and optimal power scheduling arrangement, is expected to achieve commercial closure soon. Power […] Read more
Indian Solar Sector Witnessed $1.6 Billion In Funding And M&A Transactions In Q1 2017: Mercom Capital Updated On Thu, Apr 13th, 2017 by Saurenergy Mercom Capital in its report states that ReNew Power was the highest funded company raising VC (venture capital), debt and project funding during the quarter. Renewable Energy Minister Piyush Goyal recently informed Rajya Sabha that India has added 5525 MW solar power generation capacity last fiscal, taking the total from this clean source to 12288 […] Read more
Solar Power Tariffs in India Have Plunged by 73 Percent Since 2010 Updated On Fri, Mar 24th, 2017 by Saurenergy Since 2010, India’s solar power tariff rate has been reduced to record low, especially in the auction conducted at the Rewa Solar Park. India’s solar sector recently reached record low tariff levels in the auction conducted at the Rewa Solar Park in the state of Madhya Pradesh. India was one of the first countries to […] Read more
RPO Compliance Needs To Improve Fast for India to Meet its Solar Installation Targets: Mercom Capital Updated On Wed, Mar 22nd, 2017 by Saurenergy India needs to install 90 GW of solar in five year – at a rate of 18 GW per year. Most states have specified RPO targets. However, due to the lack of enforcement of RPO regulations and the absence of penalties when obligations are not met, many of the state DISCOMs (distribution companies) are not […] Read more
Neoen Signs PPA for 54MW Solar Power Project in Zambia Updated On Wed, Mar 15th, 2017 by Saurenergy The 54 MW PPA has won by a consortium of Neoen and First Solar for the development of solar power project in Zambia. French solar power developer Neoen has announced that it has signed off on a power purchase agreement (PPA) for a 54MW solar PV project in Zambia. Neoen signed off on the PPA […] Read more
Zambia Signs Second Scaling Solar Mandate to Develop another 500 MW of Renewable Energy Updated On Fri, Feb 24th, 2017 by Saurenergy The Government of Zambia has signed an agreement with Scaling Solar for a second mandate to Develop another 500 MW of Renewable Energy The Government of Zambia has signed agreements for a second mandate with Scaling Solar, the World Bank Group program that is helping developing countries procure low cost, privately financed, solar power. This […] Read more
IFC Mulls Rs 100 cr Investment in CleanMax to Fund 250 MW of Solar Power Projects Updated On Wed, Feb 15th, 2017 by Saurenergy CleanMax Enviro Energy Solutions could receive Rs 100 crore to commission more than 250 MW of solar power projects. International Finance Corp, the private sector investment arm of the World Bank, could invest about Rs 100 crore in renewable energy company CleanMax Enviro Energy Solutions, one of the largest solar power solutions providers in India. […] Read more
