Renewable Energy Employs 9.8 Million People Worldwide: IRENA Updated On Wed, May 24th, 2017 by Saurenergy “Falling costs and enabling policies have steadily driven up investment and employment in renewable energy worldwide since IRENA’s first annual assessment in 2012, when just over seven million people were working in the sector.” According to a new report from the International Renewable Energy Agency (IRENA) more than 9.8 million people were employed in the […] Read more
Surana Solar Wins 5MW Rooftop Solar PV Project in Andhra Pradesh Updated On Wed, May 24th, 2017 by Saurenergy Kakinada Smart City Corporation’s 5MW Rooftop Solar PV Project will be developed under the RESCO model for at Rs.5.25 ($0.081)/kWh. Surana Solar has won the bid to develop 5MW of grid-connected rooftop solar PV Project in Kakinada City, Andhra Pradesh with a lowest tariff quoted at Rs.5.25 ($0.081)/kWh. The bids were tendered by Kakinada Smart […] Read more
Tata Power’s Renewable Energy Capacity Crosses 2,000 MW Mark, Clean Energy Portfolio surpasses 3000 Mark Updated On Wed, May 24th, 2017 by Saurenergy “We are happy to announce that Tata Power has registered a strong growth in renewables, which is one of our key focus areas through our recent acquisition of solar assets. The renewable energy business made a healthy contribution to PAT this year and we continue to be the largest renewable player in the country,” Tata […] Read more
Power Ministry Proposes Compensation for Grid Curtailment, to Benefit Renewable Energy Sector Updated On Wed, May 24th, 2017 by Saurenergy “If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure a favourable operational environment for renewable energy projects. It will also be positive for wind and solar energy developers,” The government has proposed a compensation mechanism for existing renewable energy projects, which will protect the […] Read more
Poverty elimination cannot be ensured in Africa without ensuring energy Updated On Wed, May 24th, 2017 by Saurenergy Shri Piyush Goyal launches 3rd ISA programme on ‘Scalling Up Minigrids and Microgrids’ in the annual meeting of African development bank today Union Minister of State for New & Renewable Energy, Power, Coal and Mines Shri Piyush Goyal launched 3rd International Solar Alliance programme on ‘Scalling Up Minigrids and Microgrids’ at the annual meeting of […] Read more
Failure by States to Pay for Renewable Power May Trip Green Energy Target by 2022 Updated On Tue, May 23rd, 2017 by Saurenergy Renewable purchase obligation (RPO) refers to the mandate imposed by law on some entities, mainly power distribution companies, to procure a certain part of their power requirement from renewable sources. States are lagging behind in meeting their renewable purchase obligation target which is a key policy instrument to meet the goal of installing 175 gigawatt […] Read more
Chhatrapati Shivaji Terminus Annexe Building to Use Solar Power Updated On Tue, May 23rd, 2017 by Saurenergy The CST Annexe Building solar power plant and other passenger amenities were inaugurated by Railway Minister Suresh Prabhu. The administrative wing of Chhatrapati Shivaji Terminus (CST) building will now meet a fraction of its power requirement through solar power. Railway Minister Suresh Prabhu inaugurated the CST solar plant along with a host of other passenger […] Read more
IIT-KGP Developing Solar Powered Two Wheelers Updated On Mon, May 22nd, 2017 by Saurenergy A team from IIT-KGP is working on a project to develop solar chargers, power saving devices, road safety sensors and trackers for vehicles to be used by school going children. IT-Kharagpur has undertaken a project to develop solar-powered two-wheelers aimed at helping school children. A team of faculty and students from the Rajendra Mishra School […] Read more
NTPC likely to be mandated to meet its entire auxiliary power requirement through domestic solar equipment: Report Updated On Mon, May 22nd, 2017 by Saurenergy Nearly 2000 MW of NTPC auxiliary power generation can be replaced by solar energy. Indian government is reportedly looking at means to aid domestic solar equipment manufacturing industry despite facing criticism at WTO for the domestic content requirement clause in the JNNSM. BusinessLine citing a top government official reports that towards this end, NTPC may […] Read more