Solar and Wind takes a leap ahead in the power war against coal Updated On Tue, Nov 1st, 2016 by Saurenergy The battle between clean energy and dirty coal has entered a new phase. The International Energy Agency (IEA), an industry forecaster, this week reported that in 2015 for the first time renewable energy passed coal as the world’s biggest source of power-generating capacity. The IEA, whose projections for solar and wind energy have in the […] Read more
UREDA ropes in 200 farmers to set up solar plant in Uttarakhand Updated On Tue, Nov 1st, 2016 by Saurenergy Around 200 individuals in the state of Uttarakhand will be now called as the Power Farmers. The Uttarakhand Renewable Energy Development Agency (UREDA) has roped in natives to set up solar power generation plants on their land. These farmers will directly supply the renewable energy to the state government at a fixed price of Rs […] Read more
Rapid increase in the share of renewables has destabilized the wholesale electricity markets: Capgemini Updated On Sat, Oct 29th, 2016 by Saurenergy Capgemini in the eighteenth edition of its annual study, the European Energy Markets Observatory (EEMO) has revealed that rapid increase in the share of renewables has destabilized the wholesale electricity markets. The report published in partnership with I4CE and Vaasa ETT states world Governments have increasingly dedicated budgets to developing renewable energy solutions and building […] Read more
Tesla Ignites Vie in Solar Through its Latest Solar Roof + Storage Integrated Solution Updated On Sat, Oct 29th, 2016 by Saurenergy Imagining a solar panel coming with an integrated battery shall go-freak solar fanatics. Tesla seems to have made it possible as Verge reports that Tesla founder and CEO Elon Musk has lately unveiled a portfolio of solar panels armed with batteries. While introducing the revolutionary solution, Musk cites that unlike other solar systems which must […] Read more
Rooftop Subsidy in India Updated On Mon, Oct 24th, 2016 by Saurenergy For the huge solar energy potential that remains untapped in India, a considerable amount constitutes of rooftops. With about 0.24bn households spread across the length and breadth of the country, there are enough roofs to generate 40 percent of the total solar generation target to be achieved by the government by 2022. A Solar PV […] Read more
MYSUN receives a funding of $2.5 Million; Hemant Taneja joins the company’s board Updated On Thu, Oct 20th, 2016 by Saurenergy Recently launched solar marketplace MYSUN (www.itsmysun.com) has received an initial funding of $ 2.5 million. This is the first round of funding after the company was founded by Gagan Vermani and two of his colleagues Divyanshu Sachdev and Gyan Prakash Tiwari in September, 2015 to focus on demand creation, technology, big data, analytics and standardization […] Read more
PM Modi plans state aid package of Rs 210 billion rupee to boost India’s solar industry Updated On Tue, Oct 18th, 2016 by Saurenergy The Prime Minister of India, Narendra Modi’s is planning a 210 billion-rupee ($3.1 billion) package of state aid for India’s solar panel manufacturing industry, according to two officials. The so-called Prayas initiative, short for “Pradhan Mantri Yojana for Augmenting Solar Manufacturing,” a central-government plan designed to lift India’s installed photovoltaic capacity as well as to […] Read more
Government of India plans to set up solar park in Marathwada Updated On Mon, Oct 17th, 2016 by Saurenergy Union Minister of State for Power, Piyush Goyal has said that the Government of India seems quite keen to set up a solar power park in Marathwada if the Maharashtra authorities provide land for it. Stating that the region could be ideal for generating good amount of solar energy, Piyush Goyal stated that government firms […] Read more
Azure Power Announces Pricing of its IPO Updated On Thu, Oct 13th, 2016 by Saurenergy Last month Azure Power announced the launch of its initial public offering (IPO) of 6,818,182 equity shares. Now the company has announced the pricing of its initial public offering of 3,409,091 equity shares, including 2,242,424 equity shares to be sold by Azure Power and 1,166,667 shares to be sold by certain selling shareholders, at a […] Read more