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
India Solar Rooftop Market By State By End User By Connectivity Forecast and Opportunities, 2021 Updated On Fri, Nov 25th, 2016 by Saurenergy India’s solar power potential within the country’s geographical limits is high as majority of the geographical area lies within the tropics. As per the Census of India 2011 and Wasteland Atlas of India 2011, the total solar power capacity in the country stood at 748 GW, which is more than twice of the country’s total […] Read more
Industry’s Aspirations on Solar Blueprint Updated On Fri, Nov 25th, 2016 by Saurenergy Every year India faces severe electricity shortage, to meet the rapidly growing demand the country needs a massive addition in capacity. And to sustain the pace of economic growth with a commitment towards the reduction of greenhouse gases, India has to cut its dependency on fossil fuels for electrification. Therefore solar power installations in India […] Read more
ReNew Power acquires 49MW of rooftop solar tender from SECI Updated On Thu, Nov 24th, 2016 by Saurenergy ReNew Power Ventures has bagged the highest number of projects under a mega tender of 500 megawatts rooftop solar capacity floated by Solar Energy Corporation of India Limited (SECI). The tender was targeted towards institutional — schools, colleges, universities and residential buildings. It was aimed at promoting rooftop solar setups in these sectors. Around 130 […] Read more
MNRE has sanctioned Rs 67.01 Crore under Solar City Programme: Piyush Goyal Updated On Tue, Nov 22nd, 2016 by Saurenergy Minister of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal on Monday in Rajya Sabha said that the renewable energy ministry has sanctioned a total amount of Rs. 67.01 crore for preparation of master plans, solar city cells, promotional activities and installation of renewable energy projects and an amount of Rs. […] Read more
India’s total installed solar capacity crosses 10 GW milestone: Bridge To India Updated On Fri, Nov 18th, 2016 by Saurenergy Indian solar capacity included rooftop and off-grid has crossed 10GW mark says Bridge To India in its latest report. According to the consultancy firm India will add new solar capacity of 5.1 GW this year, which is a growth of 137% over last year. It also expects average annual capacity addition of 8-10 GW per […] Read more