Paris Agreement to combat climate change comes into force Updated On Fri, Nov 4th, 2016 by Saurenergy The Paris Agreement to fight climate change becomes international law today; a landmark that UN says signals at the foundation of a new chapter for civilization and demonstrates that countries are serious about addressing global warming. According to Associate Press so far 96 countries, accounting for just over two thirds of the world’s greenhouse gas […] Read more
EPDCL with NEDCAP to bring direct subsidy for rooftop solar soon Updated On Fri, Nov 4th, 2016 by Saurenergy Eastern Power Distribution Company of AP Limited (EPDCL) with Non-Conventional Energy Development Corporation of Andhra Pradesh (NEDCAP) is reportedly planning to give consumers the benefit of subsidy of 50 per cent directly to promote rooftop solar. EPDCL CMD M.M. Nayak speaking to The Hindu said modalities would be worked out with the NEDCAP Managing Director […] Read more
Solar Parks in India: Scope, Status, Achievement, and Challenges Updated On Fri, Nov 4th, 2016 by Saurenergy India, with its large population and rapidly growing economy, needs access to clean, cheap and reliable sources of energy. The government with the Jawaharlal Nehru National Solar Mission has been promoting ecologically sustainable growth while addressing India’s energy security challenge. The Government of India’s ambitious plan to add 100 GW of solar capacity by 2022 […] Read more
Center to soon launch USD 2 billion clean energy fund to increase renewable energy capacity Updated On Fri, Nov 4th, 2016 by Saurenergy The center is reportedly gearing up to launch two billion dollar clean energy fund with NTPCL, Rural Electrification Corporation (REC) and Power Finance Corporation Ltd to support the government’s ambitious target of adding 175 GW renewable energy generation capacity by 2022. All India Radio (AIR) World Service citing a senior official said New and Renewable […] Read more
HPGCL commissions first solar project at Panipat Thermal Power Station Updated On Thu, Nov 3rd, 2016 by Saurenergy The Haryana Power Generation Corporation Limited has successfully commissioned the first 10MW solar power plant at Panipat Thermal Power Station. On its very first day of operation, the plant generated and supplied about 10000 units of electricity to the grid. HPGCL’s Managing Director M.K.V. Rama Rao stated that the use of renewable energy had become […] Read more
MNRE scaling up budget for Grid connect rooftop and small solar power plant from Rs. 600 cr to Rs.5000 Cr Updated On Sat, Oct 29th, 2016 by Saurenergy MNRE is scaling up of budget for Grid Connected Rooftop and Small Solar Power Plants Programme from Rs. 600 crore during the 12th Five Year Plan to Rs.5000 crore for implementation over a period of five years upto 2019-20 under National Solar Mission (NSM) – 2nd amendment. All the organizations / institutions including those registered […] Read more
EnSync Delivers a Formal Notice of Default to SPI Solar Under Supply Agreement Updated On Tue, Oct 25th, 2016 by Saurenergy EnSync Energy Systems has reported that SPI Solar has failed to meet its purchase obligations under its supply agreement with the Company. EnSync Energy has delivered a formal notice of default to SPI Solar. In the notice the Company informed SPI that to cure its breach of the supply agreement, by November 23, 2016 SPI […] Read more
IDFC Alternatives acquires three solar projects from Punj Lloyd Updated On Mon, Oct 24th, 2016 by Saurenergy The India infrastructure fund of IDFC Alternatives has bought three solar projects in Rajasthan and Punjab from Punj Lloyd Infrastructure as part of the company’s plan to set up a strong foothold in the renewable energy space through acquisitions — as much as 1 GW in a year or so. IDFC Alternatives signed the deal […] Read more
Huge growth forecasted for India’s solar sector Updated On Wed, Oct 19th, 2016 by Saurenergy India’s solar sector outlook is positive in view of a strong government support for the renewable energy sector to achieve the target of 40GW of installed rooftop solar power by 2022 along with high investor interest, says a report. “We maintain our view that inefficiencies in the power grid infrastructure, power supply shortages and the […] Read more
