Vedanta Resources Looks Forward to Expand its Clean Energy Plans in India Updated On Fri, Apr 7th, 2017 by Saurenergy Vedanta Resources is looking at developing battery storage solutions that would help with grid balancing, besides complementing the government’s push for solar power. Vedanta Resources is working on its clean energy plans for India, encouraged by the opportunities offered by the country’s growing green economy. Ajay Kumar Dixit, chief executive officer, alumina and power business, […] Read more
Waaree Energies to raise $100 million: Report Updated On Thu, Mar 16th, 2017 by Saurenergy “Waaree Energies has been looking to raise funds. EY Advisory, Auditing & Business Consulting Firm is running the process” India’s one of the largest module manufacturer, Waaree Energies has reportedly appointed EY – Advisory, Auditing & Business Consulting Firm to raise a fund of USD 100 million. A close source to the company speaking to […] Read more
India not doing enough to capture energy storage opportunity: Bridge to India Updated On Wed, Mar 15th, 2017 by Saurenergy India has barely woken up to the potential of electric vehicles or energy storage China is dominating the energy storage industry which has been so far led by Japanese and Korean manufacturers such as Panasonic, Samsung SDI and LG Chem said Bridge to India in a report. The country is using every trick like government […] Read more
India’s Solar Module Manufacturers to Face Tough Competition in 2017 Updated On Fri, Mar 10th, 2017 by Saurenergy With solar module prices continuously declining globally, it is also weakening the domestic solar manufacturer’s ability to compete with imports. Solar module prices are expected to continue declining in 2017 as global supply continues to exceed demand. As the largest supplier and installer of solar module, China will continue to drive global pricing. The country’s […] Read more
India Looking at Solar Power Storage Technology from Belgium Updated On Wed, Feb 8th, 2017 by Saurenergy NISE and Tiger Power of Belgium have signed MoU for validation of solar power storage technology to ensure steady power supply. India is looking at an innovative Belgian solar power storage technology that promises to offer consumers a source of quality power as a green and reliable alternative to flickering supply from battery storage or […] Read more
The Budget Has Provided Renewed Thrust on Renewables: Piyush Goyal Updated On Sat, Feb 4th, 2017 by Saurenergy In the New & Renewable Energy Sector, Piyush Goyal informed that the Budget has affirmed target for Solar Power of additional 20,000 MW capacity during next year Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal while addressing the media, said that the allocations have been increased for […] Read more
Budget 2017-18 proposes Reduction in Customs and Excise for Renewable Energy Sector Updated On Wed, Feb 1st, 2017 by Saurenergy In a bid to incentivize domestic value addition under Make in India initiative of the Government, the Finance Minister has proposed to reduce Customs and Excise duties on several items related to the Renewable Energy Sector The Union Minister for Finance and Corporate Affairs, Arun Jaitley while presenting the General Budget 2017-18 in Parliament today […] Read more
Solar market in India to grow by 90% in 2017: Bridge to India Updated On Tue, Jan 3rd, 2017 by Saurenergy 2017 will be a bumper year for the sector in India with total installed capacity reaching around 18 GW by the end of the year Indian solar market to witness stellar growth in 2017 with total installed capacity reaching around 18 GW by the end of the year claims Bridge to India. According to the […] Read more
With 2017 approaching, India aspires to become the fastest growing solar market in the world Updated On Tue, Dec 20th, 2016 by Saurenergy As the 2017 knocks at the door, it is worth taking a look at the Indian solar sector to analyze key the trends, challenges and outlook. Key highlights include record project volumes – both for capacity addition and issue of new tenders, improving power Distribution Company (DISCOM) financial position as a result of UDAY scheme, […] Read more
