IREDA to sanction Rs 13,000 crore loan for renewables in FY18 Updated On Mon, Mar 27th, 2017 by Saurenergy Indian Renewable Energy Development Agency will be sanctioning Rs 13000 crore loan to meet the Government’s target of achieving 15 to 16 GW of renewable energy projects. State-run Indian Renewable Energy Development Agency (IREDA) will sanction Rs 13,000 crore for clean energy projects next fiscal in the country, vying for around 20 per cent of […] Read more
Solar Power Tariffs in India Have Plunged by 73 Percent Since 2010 Updated On Fri, Mar 24th, 2017 by Saurenergy Since 2010, India’s solar power tariff rate has been reduced to record low, especially in the auction conducted at the Rewa Solar Park. India’s solar sector recently reached record low tariff levels in the auction conducted at the Rewa Solar Park in the state of Madhya Pradesh. India was one of the first countries to […] Read more
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
India’s solar capacity to hit 20GW mark in next 15 months: Piyush Goyal Updated On Tue, Mar 21st, 2017 by Saurenergy “India could not have completely focused on Making in India’ in the last three years as being in the nascent stage, its solar power sector needed technological and financial boost from abroad to rapidly expand its horizons,” The installed solar power capacity in India is expected to double from 10GW to 20GW in next 15 […] Read more
Yingli to Power the Largest Bifacial PV Plant in Europe Updated On Fri, Mar 17th, 2017 by Saurenergy The Largest Bifacial PV Plant in Europe project will contain 1,428 Yingli’s PANDA Bifacial modules with a nominal peak power ranging from 275 Watt to 280 Watt each. Yingli Green Energy Holding Company Ltd. announced that Tempress Systems B.V. has begun to construct the Europe’s largest bifacial PV plant with a capacity of close to […] Read more
UBM India announces the second edition of RenewX, starts from April 7 at Hitex in Hyderabad Updated On Fri, Mar 17th, 2017 by Saurenergy Of special interest this year is the China Pavilion being launched at RenewX 2017 for the first time UBM India has announced the second edition of RenewX, a two-day Renewable Energy trade expo. The expo is scheduled from April 7 at the Hitex, Hyderabad. Through RenewX 2017, UBM India intends to provide an industry platform for organizations to capitalize and […] Read more
NEXTracker to Manufacture Additional Structural Components of its Solar Tracking Systems in India Updated On Thu, Mar 16th, 2017 by Saurenergy NEXTracker’s demand has expanded rapidly in India with over 20 projects delivered or under fulfillment with six of India’s largest developers and EPCs. NEXTracker has announced that it will be manufacturing additional structural components of its solar tracking systems locally in India. By augmenting its supply partners to include APL Apollo Tubes Limited along with four other local steel fabricators […] Read more
Indian Oil Corporation Ltd. (IOCL) to add 1 MW of rooftop solar power: Report Updated On Wed, Mar 15th, 2017 by Saurenergy IOCL has a captive solar power project with a capacity of 4 MW at its Cauvery Basin Marketing Terminal in Muttam, in Nagapattinam district The oil major, Indian Oil Corporation Ltd. (IOCL) is reportedly gearing up to add 1 MW of rooftop solar power in Chennai in order reduce its carbon footprint. IOCL has a […] Read more
WElink along with CTIEC to build 220MW solar power plant in Portugal Updated On Mon, Mar 6th, 2017 by Saurenergy Europe’s largest unsubsidized solar power farm deal signed by WElink Energy with China Triumph International Engineering Co. Ltd (CTIEC). WElink Energy is to build Europe’s largest privately funded solar farm in Portugal following the signing this week of the EPC contract with China Triumph International Engineering Co. Ltd (CTIEC), in the company of the Minister […] Read more