PGCIL Seeks US$ 1,000 Million Loan from ADB for Green Energy Corridor Updated On Fri, Nov 18th, 2016 by Saurenergy Power Grid Corporation of India Limited (PGCIL) has sought a loan of US$ 1,000 million for green energy corridor from the Asian Development Bank (ADB). The USD 1,000 million loan comprises Sovereign guaranteed loan of US$ 500 million and Non-Sovereign loan of US$ 500 million said Piyush Goyal, Minister of State (IC) for Power, Coal, […] Read more
90,710 Solar Pumps has been Installed throughout the country: Piyush Goyal Updated On Fri, Nov 18th, 2016 by Saurenergy Piyush Goyal-Power, Coal, New and Renewable Energy and Mine, Minister in Lok Sabha on Thursday informed that 90,710 solar pumps have been installed throughout the country as on 31st October, 2016. Installations of more pumps are at various stages of implementation. Goyal stated that “a target of 50,000 pumps for irrigation and potable water consumption has […] Read more
Off-grid solar panels lights up three remote villages in Jashpur Updated On Wed, Nov 9th, 2016 by Saurenergy The use of off-grid solar panels have facilitated in bringing electricity to three remote villages in Jashpur district. This has helped in provide electricity to the residents who could not get power connections since Independence. More than 100 houses and streets in three villages of Dhawaipath, Kuraag and Karanpur and its two hamlets were illuminated […] Read more
Poor implementation of net-metering policies poses a major challenge for rooftop solar Updated On Mon, Nov 7th, 2016 by Saurenergy India’s rooftop solar market has been growing rapidly with the country adding more capacity in the past 12 months than all previous years put together. However, grid interconnection regulations and processes remain challenging in most parts of the country despite almost all states announcing net- and/or gross-metering policies for rooftop solar. According to survey of […] Read more
Coal India to develop solar power plants of 600 MW capacity in four states Updated On Mon, Sep 5th, 2016 by Saurenergy Coal India Limited (CIL) is reportedly planning to set up 600 MW solar power plants in four states, including West Bengal and Maharashtra. This project comes under agreement CIL signed with SECI to set up a total 1,000 MW green energy plants in different part of the country reports PTI. The Solar Energy Corporation of […] Read more
Central Government should renew its focus on the DBFOT framework: Simarpreet Singh, Head – Strategy, Hartek Power Updated On Wed, Aug 10th, 2016 by Saurenergy Hartek Power Pvt Ltd is one of India’s fastest growing Engineering, Procurement and Construction (EPC) companies with expertise in executing high-voltage substation turnkey, rooftop solar projects and manufacturing a complete range of power distribution equipment/solutions to the needs of the industry and utilities. The company has four strategic business units—Power Systems, Rooftop Solar, Power Distribution […] Read more
5200 Megawatts Solar Capacity to be added in 2016-17 Updated On Thu, Aug 4th, 2016 by Saurenergy India is set to add 5200 MW solar capacity this fiscal year with various states coming out with policies for the sector. The reports from a study conducted by the ratings agency, CARE, it is estimated that out of total installed renewable energy capacity of 42750 MW as on 31st March, the solar energy share […] Read more
Total installed solar power generation capacity touches 7,805 MW Updated On Sat, Jul 23rd, 2016 by Saurenergy New and Renewable Energy Minister Piyush Goyal in Parliament informed that installed solar power generation capacity in the country has touched 7,805 MW mark by June-end this year. Rajasthan topped the charts with grid connected solar power generation capacity of 1,294.60 MW, followed by Tamil Nadu and Chhattisgarh with 1,267.41 MW and 1,123.36 MW respectively. India has set an ambitious […] Read more
ACME to sell 275MW of its operational solar assets to IDFC Alternatives: Report Updated On Thu, Jun 16th, 2016 by Saurenergy IDFC Alternatives is reportedly gearing up to buy 275 megawatts (MW) of operational solar assets from ACME Solar. Livemint citing sources reports that the deal between the two companies will likely close in stages as “IDFC will need separate approvals from the lenders of the various assets and other approvals as per the power purchase […] Read more