PM Surya Ghar: Govt Earmarks Rs 800cr For Model Solar Villages Updated On Mon, Mar 18th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now issued its notification for the rollout of its ambitious PM Surya Ghar: Muft Bijli Yojana. The ambitious scheme has planned to install rooftop solar panels onto one crore households with a financial output of Rs 75,021 crore. The ministry in its detailed financial outlay said […] Read more
Delhi Solar Policy Interlinks DISCOMs, Consumers, Reduces Upfront Cost Updated On Fri, Mar 15th, 2024 by Saurenergy Department of Power under the Delhi government recently released the Delhi Solar Policy. Under this new policy, the government introduced a hybrid RESCO model. This model establishes a tripartite link among DISCOMs, consumers, and RESCO developers through a Power Purchase Agreement (PPA). The revised model can facilitate solar panel installation on consumer rooftops without upfront […] Read more
E-2W, 3W To Witness Increase Uptake Despite FAME-II Subsidy Reduction: ICRA Updated On Fri, Mar 15th, 2024 by Saurenergy India-based investment information and credit rating agency (ICRA) estimated a surge in Indian electric two-wheeler e-2w, and e-3w three-wheeler (excluding e-rickshaws) penetration levels can reach 6-8% and 14-16% respectively in FY2025. The company opined that the government Electric Mobility Promotion Scheme 2024 is a timely move to support the adoption of electric vehicles (EV) in […] Read more
J&K Forms Committee To Implement 12 Crore RE Projects Updated On Fri, Mar 15th, 2024 by Saurenergy The Jammu and Kashmir (J&K) government recently constituted an appraisal committee for renewable energy projects in the state. As per its recent order, the government sanctioned the constitution of the Technical Appraisal Committee (TAC). This TAC was formed for the implementation of renewable energy projects worth more than 12 crores. These projects are expected to […] Read more
SIDBI Secured $24.5 Mn from Green Climate Fund For Maiden Climate Project Updated On Wed, Mar 13th, 2024 by Saurenergy Small Industries Development Bank of India (SIDBI) has secured $24.5 Mn from Green Climate Fund (GCF) for its maiden anchored sustainability and climate focussed fund Avaana Sustainability Fund (ASF). The development came during the 38th meeting of the GCF Board in Kigali, Rwanda on March 6, reported the news agency PTI. The Green Climate Fund […] Read more
L&T Emerges Lowest Bidder For 100 MW Jharkhand Floating Solar Project Updated On Tue, Mar 12th, 2024 by Saurenergy Solar Energy Corporation of India Limited (SECI), announced Larsen and Toubro (L&T) Limited as the most advantageous and lowest L1 successful bidder for a 100 MW floating solar PV project. SECI commissioned this project for operation and management (O&M) design, engineering, supply, construction, erection, testing, and commissioning of the floating solar project for five years. […] Read more
Centre Extends FAME-II Scheme For EVs: Report Updated On Thu, Mar 7th, 2024 by Saurenergy The Centre has decided to extend the FAME-II scheme (Faster Adoption and Manufacturing Electric Vehicles) for EV manufacturing and to boost faster adoption of EVs in the country. Earlier, the scheme was slated to end by March 31, 2024. According to media reports, the government has extended the scheme not to let any disruption affect […] Read more
NUS Researchers Invent New Triple-Junction Tandem Solar Cells With Higher Efficiency Updated On Wed, Mar 6th, 2024 by Saurenergy National University of Singapore (NUS) scientists developed a triple-junction perovskite/Si tandem solar cell. These cells achieved a certified world-record power conversion efficiency of 27.1 percent across a solar energy absorption area of 1 sq cm. It claims to be one of the best-performing triple-junction perovskite/Si tandem solar cells thus far. The team engineered a new […] Read more
Cabinet Approves PM-Surya Ghar: Muft Bijli Yojana For Rooftop Solar Updated On Thu, Feb 29th, 2024 by Saurenergy The Union Cabinet, chaired by PM Narendra Modi, has approved PM-Surya Ghar: Muft Bijli Yojana with a total outlay of Rs.75,021 crore. This policy seeks to install rooftop solar and provide free electricity to up to 300 units every month for one crore households. The PM launched the scheme on 13th February. Some of the […] Read more