US solar real estate invt fund closes on $100 mn solar lease securitization Updated On Mon, Mar 7th, 2022 by Saurenergy SolaREIT, a US solar real estate investment fund, has closed on a $100 million securitization of solar leases with Nuveen. The expansion will significantly increase access to low-cost capital in the commercial and mid-sized solar development sector, including community solar, its official statement said. SolaREIT’s land financing options, including the “Pre-Paid Solar Land Lease”, allow […] Read more
Haryana Farmers Get 75% Subsidy on Solar Pumps Updated On Mon, Dec 27th, 2021 by Saurenergy To support farmers in Haryana their irrigation requirements, the state’s department of new and renewable energy has decided to give 75% subsidy in the purchase of 3-10 horse power (HP) solar pumps. The department has invited applications from eligible beneficiaries till December 27. Gurgaon’s additional deputy commissioner Vishram Kumar Meena said that some 8,629 solar-powered […] Read more
India’s Solar Path-The Firms, Individuals and Organisations That Will Matter Updated On Wed, Dec 1st, 2021 by Saurenergy 2021 has marked a return to bump up in capacity addition in solar, after the last peak in 2017-18 when the country added close to 9.5 GW taking solar to the top among all energy options for capacity added. With this year likely to see over 11 GW of fresh capacity addition, it says something […] Read more
Key Policy Challenges To a Thriving C&I Market for Solar In India Updated On Mon, Aug 2nd, 2021 by Saurenergy The Solar Energy sector has emerged as a potential green technology to address climate change issues by reducing dependence on conventional fossil fuel-based energy. India has a target to install 100 GW of solar energy capacity with a commitment to increase the renewable sources-based energy capacity to 175 GW by 2022. Under this, 40 GW […] Read more
Oorjan Cleantech Installs Rooftop Solar at Mumbai’s Housing Society Updated On Wed, Jul 7th, 2021 by Saurenergy Solar company Oorjan Cleantech has recently installed over 230 solar panels, with a capacity of about 100 kWp, over 7500 square feet shadow free area in Mahavir Universe Phoenix Society, Bhandup — one of Mumbai’s high-rise housing societies. Setup in 60 days The company installed German mono-crystalline panels with 400 watt capacity per head. It completed the […] Read more
Solar Gets Its Big Hitter In India As Reliance Announces Rs 75,000 Cr Investment Plan Updated On Thu, Jun 24th, 2021 by Saurenergy After hinting at big plans in the renewable energy sector last year, India’s largest private sector enterprise, Reliance Industries limited, has finally announced its plans. The company’s Chairman, Mukesh Ambani, picked the firm’s 44th Annual General Meeting (AGM) for its shareholders, as usual, to make the big announcements. The key announcements, and their implications for […] Read more
Solar Energy Market: Paradigm Shift in India’s Power sector Updated On Wed, May 26th, 2021 by Saurenergy Contributed By Gautam Das, CEO and Co-founder, Oorjan Solar’s Time Economy and the environment have to go hand in hand for sustainable growth. We have paid the price for economic growth at the cost of environmental damages. Fossil fuels, like petroleum and coal, are highly polluting and depleting at an alarming rate. Global warming and escalating pollution […] Read more
Guidelines Issued for PLI Scheme for Solar Modules; IREDA to be Implementing Agency Updated On Mon, May 3rd, 2021 by Saurenergy MNRE has issued the guidelines for the implementation of the PLI scheme for high-efficiency solar PV modules. The Ministry of New and Renewable Energy (MNRE) in a ministry wide notification has announced the sanction of the President for implementation of the Production Linked Incentive (PLI) scheme ‘National Programme on High-Efficiency Solar PV Modules’ for achieving […] Read more
Dr. Milind Kulkarni Appointed CTO of Vikram Solar Updated On Fri, Apr 30th, 2021 by Saurenergy Vikram Solar, one of India’s leading module manufacturers and comprehensive EPC solutions & rooftop solar providers, has announced the appointment of Dr. Milind Kulkarni as Chief Technical officer (CTO) of Vikram Solar Limited. As per the firm, Dr. Kulkarni’s role will be critical in product & technology development and manufacturing, design & process development, while […] Read more