China installed 20GW of solar PV in first half of 2016, three times higher from 2015 Updated On Sat, Jul 23rd, 2016 by Saurenergy China’s solar surge has accelerated drastically in the first half (H1) of this year, with reports stating that the country added 20 GW of new PV capacity in the six months to June 30, which is times as much as during the same period a year ago. Wang Bohua, General Secretary of the China Photovoltaic […] Read more
Dr. Harsh Vardhan launches Solar Power Tree for Generation of Electricity Updated On Sat, Jul 23rd, 2016 by Saurenergy Dr. Harsh Vardhan, Union Minister for Science & Technology and Earth Sciences, has come up with a ‘Solar Power Tree’, which is an innovative way to generate electricity using solar power in a limited space. The Solar Power Tree has been engineered by the Central Mechanical Engineering Research Institute (CMERI), a laboratory of the Council […] Read more
India’s Topmost Oil Firms to build Solar Farm with 1GW Capacity in Madhya Pradesh Updated On Sat, Jul 23rd, 2016 by Saurenergy Just yesterday we reported that PM Narendra Modi has invited India’s top fossil fuel ventures to contribute in solar, and how Indian Oil Corp. along with Oil India Ltd. have been working together to develop a 1-gigawatt solar farm in Madhya Pradesh. The senior officials of the state’s renewable energy agency told that Indian Oil […] Read more
NALCO Inviting Bids For 20MW Solar PV Project in Madhya Pradesh Updated On Fri, Jul 22nd, 2016 by Saurenergy National Aluminium Company Limited (NALCO), a Navratna CPSE under Ministry of Mines, Govt. of India inviting bid for setting up a 20MW solar PV project in Madhya Pradesh. The identified Govt. revenue land of approximately 55.62 hectare bearing Khasra Number 892,860,909,914,908,917,921,919,974,975,976 at Palra village, Susner Tehsil, Agar Malwa Dist of M.P, as per the requirement […] Read more
Indian EPC Sterling and Wilson bags 250 MW Solar Project in Nigeria Updated On Thu, Jul 21st, 2016 by Saurenergy The Indian EPC Sterling and Wilson have been sanctioned to develop 250 MW of 975 MW of solar Power Purchase Agreements (PPAs) by Nigerian Bulk Electricity Trading (NBET) Plc under Nigeria’s FIT program. The recent signing of 975 MW of PPA, which was given granted by the Nigerian Bulk Electricity Trading (NBET) in of the […] Read more
India sanctions scheme to develop 10 Solar Zones having at least 10000 hectares of land Updated On Thu, Jul 21st, 2016 by Saurenergy The Government o India has directed authorization to implement the scheme for setting up of 10 ‘Solar Zones’ each having at least 10000 hectares of govt. or privately owned uncultivable and fallow land in one or more than one patches to encourage solar PV project developers, investors and manufacturers to help achieve the nation’s massive […] Read more
Indian Government doubles down on Solar Parks after SunEdison Setback Updated On Wed, Jul 20th, 2016 by Saurenergy According to the reports from a top government official, India is expected to double the target for energy to be generated from solar parks by 2020, as roof-top installations progress has turned out to be slower than anticipated and U.S. company SunEdison’s projects are threatened by its bankruptcy. The Indian Government acquired lands are most […] Read more
SolarCity raises USD 345 million from four partners to finance new solar projects Updated On Mon, Jul 18th, 2016 by Saurenergy SolarCity has raised $345 million in tax equity from four separate partners in June and July to finance new solar projects. The fund will cover capital cost of new equipment and installations and make it possible for customers to pay less for solar power than they for utility power. Beside the USD345 million in new […] Read more
Centre using VGF tool to woo states like West Bengal for its solar mission Updated On Sat, Jul 16th, 2016 by Saurenergy Centre is trying to woo states like West Bengal offering viability gap funding to put national solar mission on fast track. Ministry of New Renewable Energy (MNRE) joint Secretary Tarun Kapoor speaking to PTI said “We will offer viability gap funding to the state governments. We will give subsidy to bring down the tariff to […] Read more