Government of India has allocated 90 Million Dollars for 3 GW of Rooftop Solar Power Projects Updated On Tue, Mar 21st, 2017 by Saurenergy $90 Million has been allocated by the Government so far to set up rooftop solar power projects in the country across 28 states. The Government of India has allocated$90 Million Dollars in subsidies for setting up rooftop solar power projects across 28 states and its various organizations, a recent press release showed. The Ministry of […] Read more
Waaree Energies to raise $100 million: Report Updated On Thu, Mar 16th, 2017 by Saurenergy “Waaree Energies has been looking to raise funds. EY Advisory, Auditing & Business Consulting Firm is running the process” India’s one of the largest module manufacturer, Waaree Energies has reportedly appointed EY – Advisory, Auditing & Business Consulting Firm to raise a fund of USD 100 million. A close source to the company speaking to […] Read more
World Bank Loan for Rewa Solar Power Project Updated On Wed, Mar 15th, 2017 by Saurenergy World Bank will provide 25% of the loan amount under its Clean Technology Fund to Rewa Solar Power Project at an interest rate of only 0.25%. The World Bank has agreed to provide loan to develop internal transmission arrangements for the upcoming Rewa Ultra Mega Solar Power Project in Madhya Pradesh. “The World Bank has […] Read more
India’s Solar Capacity Grows Over 3 Folds to 10,000 Megawatt in Three Years Updated On Tue, Mar 14th, 2017 by Saurenergy India has crossed 10 GW of Solar power capacity, which is more than 3 times increase in less than 3 years. India’s solar power generation capacity has crossed 10,000 megawatt (MW), a more than three-time jump in less than three years as government pushes for renewable energy sources to meet galloping demand. The milestone came […] Read more
Price of Solar Power May Fall Further in FY18 Updated On Fri, Mar 10th, 2017 by Saurenergy In the last few months, solar power costs had hit a low of Rs 3.30 per unit and might fall further in FY18. Solar power generation costs are set to dip further during third and fourth quarter of 2017-18, helped by expected softening of interest rates and a drop in solar panel prices due to […] Read more
Cheap Chinese Imports Burn Domestic Solar Cell, Module Makers Updated On Tue, Feb 28th, 2017 by Saurenergy Solar cell and module makers were hoping for incentives to scale up production, but it seems like Union Budget disappointed them. Indian solar cells and modules manufacturers have not able to cash in on the opportunity of rising solar power installations thanks to Chinese competition. Between April and October 2016, India imported solar power material […] Read more
NTPC commissions 115 MW capacity out of 260 MW of Bhadla Solar Power Project Updated On Thu, Feb 23rd, 2017 by Saurenergy NTPC has planned capacity addition of about 1,000 MW through renewable resources by 2017. In this endeavour, NTPC has already commissioned 310 MW solar power projects. NTPC has announced that it has commissioned 115 MW capacity out of 260 MW of Bhadla Solar Power Project. With this, the installed capacity of NTPC’s solar power projects […] Read more
Rajasthan Lags Behind Neighboring States in Solar Power Projects Updated On Tue, Feb 14th, 2017 by Saurenergy Rajasthan falls behind Neighboring States under Grid connected roof-top and small solar power plants programme. Rajasthan has lagged behind neighbors like Madhya Pradesh, Haryana and Gujarat in new and renewable energy despite holding a huge potential in the sector. According to Union ministry of new and renewable energy (MNRE) data, Rajasthan has only 31 MW […] Read more
Rs. 600 Crore Allocated for Grid connected Rooftop and small Solar Power Plants Programme Updated On Fri, Feb 10th, 2017 by Saurenergy Government allocates Rs 600 crore for solar power projects and Grid connected Rooftop Programmes An amount of Rs. 600 crore has been allocated for the projects under “Grid Connected Rooftop and Small Solar power Plants Programme” and Rs. 508.84 Crore has been released till 31.01.2017. This was stated by Shri Piyush Goyal, Minister of State […] Read more
