Everstone Group, Lightsource BP Form 50:50 JV to Invest in Indian Green Infrastructure Updated On Thu, Apr 19th, 2018 by Saurenergy The newly formed JV will provide the funds with the financial and strategic resources of the partners aiming to create successful green energy businesses in partnership with local management teams. Indian private equity fund Everstone Group and British solar parks developer Lightsource BP has formed a 50:50 Joint Venture (JV) called ‘EverSource Capital’ to jointly […] Read more
AP: NREDCAP Issues Tender for 35 MW Rooftop Solar PV Plants Updated On Thu, Apr 19th, 2018 by Saurenergy The scope of work covers design, supply, installation, commissioning, maintenance, operation. It also includes wiring up from the SPV Rooftop system to Distribution Board. Under net metering policy of the state, New and Renewable Energy Development Corporation of Andhra Pradesh Ltd (NREDCAP) has announced a tender of grid-connected rooftop solar PV plants of 1 […] Read more
Rajasthan to Add 3,780 MW Solar Capacity by April Next Year Updated On Wed, Apr 18th, 2018 by Saurenergy “The current solar power generation is contributing 10 percent to the total power consumption in the state and we are targeting to increase it to 17 percent by 2021.” In order to achieve the goal of 7000 MW clean energy capacity in next four years in Rajasthan, the government has already assigned 20 projects of […] Read more
India Starts Probe into Dumping of EVA Sheets Updated On Tue, Apr 17th, 2018 by Saurenergy The probing agency, Directorate General of Antidumping and Allied Duties (DGAD), an arm of commerce ministry, will investigate the imports of ‘Ethylene Vinyl Acetate (EVA) sheets for solar modules’. India has started a probe into the alleged dumping of EVA sheets, imported from China, Malaysia, Saudi Arabia, South Korea and Thailand, which are used in […] Read more
India’s Solar Capacity Addition Likely to Drop by 40 Percent in 2018-19: ICRA Updated On Tue, Apr 17th, 2018 by Saurenergy Between April 2017 to February 2018 the country has added around 7.2 Gw solar capacity to its kitty. It is highly likely that India’s solar power capacity addition will drop by 40 per cent to a range between 4 Gigawatt (GW) and 4.5 Gw in the 2018-19, thanks to the recent slowdown in the tendering and project […] Read more
UK Joins International Solar Alliance Updated On Tue, Apr 17th, 2018 by Saurenergy The formal announcement from the country came at the event held at the London Stock Exchange as part of the Commonwealth Heads of Government Meeting 2018 (CHOGM). The United Kingdom on 16th April 2018 became 62nd member of India led International Solar Alliance (ISA). UK cemented the membership with ISA to provide affordable and sustainable energy for all […] Read more
Green Energy Association Mulls to Move SC Against APTEL Order on RECs Updated On Mon, Apr 16th, 2018 by Saurenergy Last week, the Appellate Tribunal for Electricity (APTEL) had rejected the petition of Green Energy Association and other similar pleas against the CERC’s order. Industry body Green Energy Association is planning to move the Supreme Court against the tribunal APTEL’s order which upheld power regulator CERC’s ruling reducing forbearance and floor price of renewable energy certificates (RECs) of solar and non-solar energy. The Green […] Read more
Ola Announces ‘Mission Electric’, Plans to Put One Million EVs on Roads by 2021 Updated On Mon, Apr 16th, 2018 by Saurenergy During the upcoming year Ola’s mission is to start using 10,000 E-rickshaws and Electric auto-rickshaws in its service. Ola will use ‘Mission Electric’ as a platform to advance one million EVs on streets by 2021. Ola announces its plans to put one million electronic vehicles (EV) on roads by 2021. Ola, one of the India’s […] Read more
RK Singh Lays Foundation Stone for Solar PV Module Mfg Plant in Gaya Updated On Mon, Apr 16th, 2018 by Saurenergy This plant will be the first of its kind in Bihar and will be entirely owned and operated by local women Self Help Group (SHG) Federations. The Power and New & Renewable Energy Minister RK Singh has laid the foundation stone (remotely) for a solar photovoltaic (PV) module manufacturing plant in Sherghati block of Gaya […] Read more
