RK Singh Launches Award Scheme under ‘Saubhagya’ Updated On Tue, Oct 16th, 2018 by Saurenergy More than 1.65 crore households connected since the launch of Saubhagya. RK Singh, Minister of State (IC) for Power and New & Renewable Energy, has launched an award scheme under Saubhagya to felicitate the DISCOMs/ Power Department of the States and their employees for achieving 100 percent household electrification in their areas of operation. The […] Read more
A target of installing 175 GW of renewable energy capacity by the year 2022 has been set Updated On Thu, Jul 19th, 2018 by Saurenergy 100 GW of solar capacity by 2022 in the country The Government is promoting development of solar energy in the country by providing various fiscal and promotional incentives The Government has set a target of installing 40 GW of grid connected rooftop solar capacity in the country including Delhi and National Capital Region (NCR) by […] Read more
Solar Charkha Mission Launched by President Ram Nath Kovind Updated On Thu, Jun 28th, 2018 by Saurenergy The Ministry of Micro Small and Medium Enterprise (MSME) will cover 50 clusters under this mission and 400 to 2000 artisans will be employed by each cluster. To generate the employment in rural areas, and disburse a subsidy of Rs 550 crore to thousands of artisans, President Ram Nath Kovind launched the Solar Charkha Mission […] Read more
SunSource Energy Aims to Set-Up 200 MW Solar Park in UP Updated On Sat, Feb 17th, 2018 by Saurenergy The project will be financed through a mix of debt and equity. Solar power solutions provider, SunSource Energy Pvt Ltd is planning to build a 200-mw solar park in Uttar Pradesh (UP) with an investment of Rs 900 crore. Commenting on the matter, SunSource Energy, President, and Co-Founder, Kushagra Nandan said, “At the Uttar Pradesh Investors Summit […] Read more
SunSource Energy Raises Fund from SBICAP Neev Fund via PE Investment Updated On Fri, Feb 16th, 2018 by Saurenergy This investment would be used in developing solar project assets in states with low levels of capital investment, namely Uttar Pradesh, Rajasthan, Madhya Pradesh, Bihar, Orissa, Jharkhand, West Bengal and Chhattisgarh. Solar energy products supplier, SunSource Energy Pvt Ltd has raised an undisclosed amount from the Neev Fund, which is a joint venture between SBI […] Read more
Azure Roof Power to Electrify 152 Schools under MHRD Across Six States Updated On Tue, Jan 30th, 2018 by Saurenergy Azure Power will sign the power purchase agreement with Navodaya Vidyalaya Samiti, an autonomous body under Ministry of Human Resource Development, Government of India. Azure Power has announced it has won a 11.35 megawatts (MWs) solar rooftop power project. This is the largest allocation for this auction, 60% of the total. Azure Power will sign […] Read more
Central Government to Asses Performance, Socio-Economic Impact of Solar Units Updated On Tue, Jan 23rd, 2018 by Saurenergy The basic idea is to review the performance of the installed solar systems and see if it is really being used by people or just lying idle after installation. Government of India is planning to assess the technical performance and socio-economic impact of over one lakh solar pumps and more than six lakhs residential solar […] Read more
Subsidies Alone Won’t Scale up Reception of Solar Pumps: CEEW Updated On Fri, Jan 19th, 2018 by Saurenergy Farmers who don’t have electric pumps ought to be focused with littler solar pumps as they would discover solar pumps appealing at even 30 percent subsidy. A subsidy drove approach alone may not accomplish the objective of one million solar pumps by 2021 and the legislature must target minor farmers, an autonomous examination by the […] Read more
A State Model for Development: Inclusion of Solar in Building Bye-Laws Updated On Thu, Jan 11th, 2018 by Saurenergy The inextricable connection between state policies and development is well defined. Make in India is known to have made a tremendous inroads in invigorating the manufacturing sector. The FDI inflows reached record high levels and GDP growth rate touched the 7.5% mark. In the past few months, metrics to quantify results of state policies reverberated […] Read more