ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India Updated On Wed, Jan 18th, 2017 by Saurenergy ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […] Read more
750 MW Rewa Solar Power Project to Break New Ground Updated On Tue, Jan 17th, 2017 by Saurenergy The 750 MW solar powers tender for Rewa might break Rs 4 per unit barrier Bids for the proposed and much delayed 750 MW solar power tender in the Rewa district of Madhya Pradesh are expected to be submitted early next week although another extension still seems likely. The project is being tendered by Rewa […] Read more
Tata Power, Clean Max is the largest solar rooftop installers in India: Report Updated On Fri, Jan 13th, 2017 by Saurenergy Tata Power has 20 percent of the market share and is by far the largest solar rooftop installer in a small market. Global clean energy communications and research firm, Mercom Capital Group has released Top Rooftop Installers in India. Tata Power tops the list with 20% share, followed by Clean Max Enviro with 9%. In […] Read more
MP Solar Policy Mandates consumers to install 10kW solar system to avail subsidy Updated On Wed, Jan 4th, 2017 by Saurenergy People looking for subsidy need to install minimum 10kW capacity solar system in Madhya Pradesh. For people entertaining thoughts of installing rooftop solar penal system, the State government would provide subsidy of 30 per cent only when the system is of at least 10kW or more. Western Region Power Distribution Company MD Aakash Tripathi made […] Read more
Mercom Capital forecasts solar capacity addition of more than 9GW in India in 2017 Updated On Tue, Jan 3rd, 2017 by Saurenergy Solar installation of over 9 GW in 2017 would put the Indian solar sector in the big leagues along with China, the United States, and Japan Global clean energy communications and consulting firm, Mercom Capital forecasts solar capacity addition in India of over 9 GW during the current calendar year 2017. 2016 saw solar installations […] Read more
156 Households Connected to Solar Power Grid in Pench Buffer Zone Updated On Thu, Dec 29th, 2016 by Saurenergy Residents at Pench Tiger Reserve buffer gets connected with Solar Power Grid Over 156 households have been connected to the Solar Power Grid in Ghatpendhri in the buffer zone of Pench Tiger Reserve (PTR) in Maharashtra. It is the first village in the buffer zone of any tiger reserve in the country to get a […] Read more
Year-End Review – Ministry of Power Updated On Mon, Dec 26th, 2016 by Saurenergy In view of the growing need of the Indian Economy, Government of India has embarked upon a massive programme to provide 24×7 power across the country by 2019. After the completion of half of its term, the Government has achieved many important milestones in the Power sector. Special focus has also been given to North East by giving […] Read more
With 2017 approaching, India aspires to become the fastest growing solar market in the world Updated On Tue, Dec 20th, 2016 by Saurenergy As the 2017 knocks at the door, it is worth taking a look at the Indian solar sector to analyze key the trends, challenges and outlook. Key highlights include record project volumes – both for capacity addition and issue of new tenders, improving power Distribution Company (DISCOM) financial position as a result of UDAY scheme, […] Read more
10 Indian states accounting for approximately 90 percent of all solar installations and pipeline: Mercom Capital Updated On Fri, Dec 16th, 2016 by Saurenergy Mercom Capital in its recent report has revealed that top 10 states in the country accounting for approximately 90 percent of all solar installations and pipeline. According to the research firm as of December 2016India has a total installed large-scale solar capacity of 9,018 MW and a solar pipeline of 14,030 MW. The top 10 […] Read more
