Germany is providing soft loan to the tune of Euro 1 billion for India’s ‘Green Energy Corridors’: Piyush Goyal Updated On Fri, Dec 16th, 2016 by Saurenergy Union Minister for State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal on Thursday in Lok Sabha said that in order to facilitate integration of large scale renewable generation capacity addition, a comprehensive scheme including Intra-State and Inter-State transmission system has been identified as a part of ‘Green Energy Corridors’. Intra-State Transmission […] Read more
Infrastructure Delays Affecting Large-Scale Solar Project Development in India: Mercom Capital Updated On Tue, Dec 13th, 2016 by Saurenergy Modi government has set a 100GW target for solar power by 2022, out of which 20GW has been allocated to solar parks. India is expected to double the target for energy to be generated from solar parks by 2020, as roof-top installations progress has turned out to be slower than anticipated. Currently, there are 34 […] Read more
PTC India aims to infuse Rs. 600cr into PTC Energy, eyes generating 300MW renewable energy: Report Updated On Mon, Dec 12th, 2016 by Saurenergy PTC India is reportedly planning to pump-in Rs. 600crore into PTC Energy to generate 300MW renewable energy by March under the wholly-owned subsidiary. A senior company official with the power trading company speaking to Moneycontrol said “We will capitalise it to set up another 250 MW capacity. Our objective is to make it a 300 […] Read more
All you need to know about SECI’s 1000MW tender for rooftop solar Updated On Sat, Dec 10th, 2016 by Saurenergy Solar Energy Corporation of India (SECI) on December 9 launched a tender of 1000 MW capacity for development of grid-connected rooftop solar capacity for Central Government Ministries/Departments. This largest rooftop tender is expected to give a big boost to Rooftop Solar Power Generation Segment and help to achieve the Modi Government’s target for installation of […] Read more
Solar water pump market in India struggles to take off Updated On Tue, Dec 6th, 2016 by Saurenergy In 2014, PM Narendra Modi set a target to install 1 million solar water pumps, equivalent to approximately 3000 MW, for irrigation and drinking water by 2021. But actual cumulative installed base stood at merely 25000 pumps as of April 2016. The bleak performance is despite the government offering massive subsidies of as much as […] Read more
17.90 Crore LED bulbs distributed across the Country: Piyush Goyal Updated On Fri, Dec 2nd, 2016 by Saurenergy Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal in Lok Sabha on Thursday said “Achieving efficient implementation of the Unnat Jyoti by Affordable LEDs for All (UJALA) Scheme, the aggregation of demand and bulk procurement by Energy Efficiency Services Limited (EESL) has resulted in huge savings for the consumers across the country.” The Minister […] Read more
Solar power tariff hits all time low at Rs. 3 per unit Updated On Wed, Nov 30th, 2016 by Saurenergy The solar tariff has fallen to an all—time low of Rs. 3 per unit, which was quoted by Amplus Energy Solutions in an auction for rooftop solar power conducted by Solar Energy Corporation of India (SECI). “In a move that will offer the cheapest power from solar rooftop plants, Amplus Energy Solutions has won a […] Read more
ReNew Power to install solar rooftop for Indian Railways Updated On Mon, Nov 28th, 2016 by Saurenergy After successfully securing the highest subsidy allocation from SECI for rooftop solar projects, ReNew Power Ventures has won bids for 5MW solar installations across various locations for the Indian Railways. India’s leading renewable energy development company will invest around Rs 35 crore in these projects which will supply energy to Railways through a 25-year power […] Read more
ACME Cleantech raises Rs500 crore from Piramal Enterprises Ltd: Report Updated On Fri, Nov 25th, 2016 by Saurenergy ACME Cleantech Solutions Pvt. Ltd has reportedly raised Rs500 crore from Piramal Enterprises Ltd. According to Live Mint the investment in ACME was done by Piramal Enterprises’s Structured Finance Group. Speaking to the publication Nikhil Dhingra, group director for finance, ACME said “The funds are being used for funding the working capital requirements of the […] Read more
