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
Sikkim Becomes 22nd State to Join UDAY Updated On Fri, Feb 24th, 2017 by Saurenergy Sikkim would derive an Overall Net Benefit of approximately Rs. 207 crores through UDAY by way of cheaper funds, reduction in AT&C and transmission losses, interventions in energy efficiency, etc. during the period of turnaround. The Government of India and the State of Sikkim has signed a Memorandum of Understanding (MOU) under the Scheme Ujwal […] Read more
Sales of Renewable Energy Certificates (RECs) Dropped To 30 Per Cent in February Updated On Thu, Feb 23rd, 2017 by Saurenergy Power distribution companies as well as open access and captive consumers are under obligation to buy RECs from renewable energy producers under renewable purchase obligations (RPOs) as mandated by central and state regulatory commissions. Sales of renewable energy certificates (RECs) dropped 30 per cent to 10.93 lakh this month against 15.68 lakh in January this […] Read more
Telangana Mulls Setting up Solar Power Generation System atop Water Bodies Updated On Thu, Feb 9th, 2017 by Saurenergy A French company is in negotiation with the Telangana government to set up solar power generation system atop water bodies. Telangana government is planning to set up solar power generation system on water bodies, special chief secretary of the state energy department, Ajay Mishra said. “A proposal has come to the department regarding producing solar […] Read more
India’s Total Solar Power Capacity Crosses 9 GW Updated On Tue, Feb 7th, 2017 by Saurenergy India’s Solar Power Capacity Crosses 9000 Megawatt with Tamil Nadu leading the Pack Country’s solar power generation capacity stood at over 9 GW as on December 31, 2016 with Tamil Nadu having the largest output capability followed by Rajasthan and Gujarat. Total solar power generation capacity was 9,012 MW as on December 31, 2016. Tamil […] Read more
SECI Gets a Significant Boost to its Credit Rating Updated On Tue, Feb 7th, 2017 by Saurenergy Solar Energy Corporation of India has attained a beneficiary position in a tripartite agreement between the Government of India, state governments and RBI. In a very pleasing development for renewable IPPs, Solar Energy Corporation of India (SECI) has been included as a beneficiary in a tripartite agreement between the Government of India, state governments and […] Read more
Solar players expect tax incentives in budget, uncertainty over GST remains Updated On Tue, Jan 31st, 2017 by Saurenergy According to Solar players’ continuation of appreciated depreciation, a financial incentive, along with concessional interest rates and use of Rs 54,000 crore National Clean Energy Fund could be crucial to achieve country’s ambitious target. Amid uncertainties over the impact of Goods and Services Tax (GST) and Make in India programme being affected by falling prices […] Read more
Tata Power, Clean Max is the largest solar rooftop installers in India: Report Updated On Fri, Jan 13th, 2017 by Saurenergy Tata Power has 20 percent of the market share and is by far the largest solar rooftop installer in a small market. Global clean energy communications and research firm, Mercom Capital Group has released Top Rooftop Installers in India. Tata Power tops the list with 20% share, followed by Clean Max Enviro with 9%. In […] Read more
Rooftop Solar Power Systems 50% cheaper than Diesel Generator Sets Updated On Wed, Jan 11th, 2017 by Saurenergy Centre for Science and Environment study shows that Rooftop Solar Power is cheaper than diesel generator Recommending the housing societies to replace the diesel generator sets with the rooftop solar power systems, a study by Centre for Science and Environment (CSE) finds the clean energy option financially more attractive. The study said the cost of […] Read more
