Abengoa Completes its First Solar PV Plant in India Updated On Wed, Apr 26th, 2017 by Saurenergy The Spanish renewable energy company has commissioned a 5 MW solar PV power project in India. The project has been developed at Roorkee, Uttarakhand. Abengoa, the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, has satisfactorily completed its first photovoltaic plant in India. It is a Project with […] Read more
India’s solar capacity addition to remain strong (7-7.5 GW) in FY 2018 backed by project pipeline: ICRA Updated On Wed, Apr 26th, 2017 by Saurenergy India’s wind power capacity addition in the current fiscal will depend on bidding plans of utilities, while that of solar power will remain strong at 7- 7.5 GW, credit rating firm Icra said today. The renewable energy (RE) sector reported a record capacity addition of over 11 GW in FY2017, an increase of around 60% […] Read more
DHL inaugurates Asia Pacific’s 1st solar powered Service Center in India Updated On Tue, Apr 25th, 2017 by Saurenergy Located in Goregaon, Mumbai, the 25,000 sq ft DHL facility uses solar-powered panels that reduce the consumption of grid electricity by 30 percent. Dr. Frank Appel, CEO, Deutsche Post DHL recently inaugurated Asia Pacific’s 1st solar powered DHL Service Center in India. The 25,000 square feet DHL’s facility uses solar-powered panels that reduce the consumption […] Read more
Indian Railways looking to set up Rs. 200 crore 50 MW solar power plant in Bhilai, Chhattisgarh: Report Updated On Tue, Apr 25th, 2017 by Saurenergy The project cost of the 50 MW solar power plant is estimated to be around Rs. 200 crore. Of the total cost, 20 per cent will be borne by the Indian Railways. The Indian Railways is reportedly looking to set up a 50 MW solar power plant in Bhilai, Chhattisgarh, through Railway Energy Management Company […] Read more
CEL Invites Expression of Interest to Form a Strategic Alliance for Module Manufacturing in India Updated On Tue, Apr 25th, 2017 by Saurenergy Central Electronics Limited has announced that it is interested in a potential collaboration from foreign companies looking for a strategic alliance for manufacturing in the field of flexible solar PV modules. The Central Electronics Limited (CEL), a public-sector enterprise and a manufacturer of crystalline solar cells and modules, invited an expression of interest (EoI) for […] Read more
UNION BUDGET 2017: Shock and Awe for Indian Solar Industry Updated On Fri, Apr 21st, 2017 by Saurenergy In an assertive throw to fuel the solar sector, the budget covertly focused towards helping the rural sector, agricultural sector and re-energising the real estate sector. It was a known fact that Digital payments and Demonetisation will take the center-stage. The clean energy pledges also vowed new propagations as the Government of India rifles solar […] Read more
India shows path for cheaper solar energy: World Bank Updated On Fri, Apr 21st, 2017 by Saurenergy “The incentives are clear that moving towards solar energy is better than continuing with the building of coal plants. So we need to find ways of accelerating that process. We hope to come out of these spring meetings with a platform like that in place” It is better to move towards solar energy than to […] Read more
Half of India’s energy capacity will be from non-fossil fuel sources in 10 years Updated On Wed, Apr 19th, 2017 by Saurenergy If India achieves its target to install 175 GW of renewable energy capacity by 2022 — as committed under the 2015 Paris Agreement — it will not need to install, at least until 2027, any more coal-fired capacity than the 50 GW currently under construction. Non-fossil fuels — renewables, nuclear and large hydroelectric power plants […] Read more
There’s more to Indian Solar Tariffs than Meets the Eye Updated On Tue, Apr 18th, 2017 by Saurenergy The record low solar tariff of INR 3.29 that was bid in Rewa Solar Power Project, has been surpassed by National Thermal Power Corporation’s 250 MW project, Engie’s Solairedirect submitting INR 3.15 tariff rate. India achieved a record low solar tariff of INR 3.29 (US¢ 5.1)/kWh in the Rewa tender in February. That record was […] Read more