Indian Solar Capacity to Hit 20GW by FY 2017-18 Updated On Thu, Nov 2nd, 2017 by Saurenergy According to a report released by consulting firm Bridge to India, India is expected to reach an installed solar capacity of 20 gigawatts by the end of the present financial year (2017-18). This was the initial target under the National Solar Mission for March 2022, which was later updated to 100 gigawatts. The current utility […] Read more
Rooftop Solar Sector in India – Challenges and a Way Ahead Updated On Wed, Nov 1st, 2017 by Saurenergy Rooftop Solar Sector is going to be vital in achievement of Government targets for Solar Electricity Production in India. Many initiatives have been taken by Government for promotion of this sector in last couple of year. Some of them are: 1) Central Agency SECI and various state nodal agencies have come up with tenders for […] Read more
UK Climate Investments and Lightsource Tie-up for Solar Power Projects in India Updated On Tue, Oct 31st, 2017 by Saurenergy UK Climate Investments will provide 49 percent equity for the construction of the first project partnership with Lightsource to develop and construct up to 300MW of solar power projects. Lightsource Renewable Energy and UK Climate Investments, part of the Green Investment Group within Macquarie Infrastructure and Real Assets, have entered into a partnership agreement to […] Read more
India and Italy Confirm Their Commitment on Full Implementation of Paris Climate Agreement Updated On Tue, Oct 31st, 2017 by Saurenergy India and Italy acknowledged the enhanced technical cooperation in the renewable energy sector and welcomed the MoU between the Ministry for the Environment of Italy and the Ministry of New and Renewable Energy of India. India and Italy in a joint statement on Monday confirmed their strong commitment to the full implementation of the Paris […] Read more
State Bank of India Floats Fund for Solar Power Projects Updated On Tue, Oct 31st, 2017 by Saurenergy SBI has funded 43 rooftop solar power projects with the capacity of 475MW by availing line of credit from World Bank. State Bank of India has signed an agreement with seven companies for funding rooftop solar power projects. The seven companies include Adani Group, JSW Energy, Hinduja Renewables, Tata Renewables Energy, Azure Power, Cleantech Solar […] Read more
Indian Solar Power Market Witnesses Change in Demand-Supply Landscape Updated On Mon, Oct 30th, 2017 by Saurenergy Lack of visibility over project pipeline is forcing solar power developers to bid aggressive tariffs and reconsider strategic options including consolidation. The Indian solar power market is being tested to its limits. GST has increased execution costs. Module prices have shot up when bidders were factoring in another 20% price decline by the end of […] Read more
Green energy Should Power India: Modi Updated On Mon, Oct 30th, 2017 by Saurenergy PM Modi addresses several thousands of people at the grounds, who gathered for a mass recital of Soundarya Lahari, with the set of Shlokas of Indian philosopher Adi Shankaracharya. Bangalore, Green energy like solar power would power India as 175 GW of electricity is expected to be generated from renewable sources, Prime Minister Narendra Modi said. Modi said over Rs 11,000 […] Read more
Su-Kam Launches India’s Most Economic Sine Wave UPS Updated On Fri, Oct 27th, 2017 by Saurenergy With a transfer time faster than an ordinary UPS, in-built automatic bypass technology and high crest factor, Falcon Eco is perfect for running sensitive appliances like computers and printers. Su-Kam, one of India’s leading companies in power back- up and solar solutions, has launched the country’s most economic pure sine wave UPS, Falcon Eco. This […] Read more
Indian Railways to Add 5MWp of Solar Power Plant Updated On Fri, Oct 27th, 2017 by Saurenergy The 5MWp solar power system will generate 76.5 lakh units of solar power cumulatively per year. The Railway’s first set of solar plants with a total capacity of 5MWp will be launched by Railway Minister Piyush Goyal. The plants on the roof tops of Hazrat Nizamuddin, New Delhi, Anand Vihar and Delhi railway stations will […] Read more