Government Targets 4,000 MW Rooftop Solar Capacity Addition In Residential Sector Updated On Thu, Mar 24th, 2022 by Saurenergy Union Minister for Power and New and Renewable Energy RK Singh has informed the Parliament that MNRE is targeting 4,000 MW rooftop solar (RTS) capacity addition in residential sector through Central Financial Assistance (CFA) under the Rooftop Solar Programme (Phase-II). The Union Minister said in a written response to a question asked in the Rajya […] Read more
‘Grandfathering’ Of Solar Projects Bid Out Before March 9, 2021 Back on Agenda Updated On Thu, Mar 24th, 2022 by Saurenergy The thorny issue of protecting projects that were bid out before March 9, 2021 subsequent to which the Power and MNRE Minister R.K. Singh announced plans to impose high customs duties on Solar module and cell imports, moved a step closer to a resolution it seems. Mr Singh has confirmed that the MNRE ministry has […] Read more
In Conversation with Vineet Mittal, Director & Co-founder, Navitas Solar Updated On Wed, Mar 23rd, 2022 by Saurenergy Navitas Solar has been a well respected player in the solar sector with 200 MW of installed manufacturing capacity in the country. It produces state-of-the-art mono/multi crystalline solar photovoltaic (PV) modules for supply to both on-grid and off-grid residential, commercial as well as industrial establishments. The Surat-based company also provides a complete lifecycle of solar […] Read more
Tamil Nadu Reclaims No. 1 Spot for Renewable Energy Updated On Mon, Mar 21st, 2022 by Saurenergy Tamil Nadu has recently made it to the top of the list of Indian states ranked as per their overall installed renewable energy capacity, seizing the position from Karnataka. Interestingly, the latter toppled Tamil Nadu in 2018 to become the leader in total installed capacity in the clean energy sector, following big capacity additions in […] Read more
India’s leading Industrialised states continue to lead the solar push also Updated On Mon, Mar 21st, 2022 by Saurenergy The Indian renewables sector made many a strong effort towards advancement last year, with PM Narendra Modi committing to a new target of achieving net-zero carbon emissions by 2070. the nation continued to add green power capacity, and the country’s two richest business tycoons laid out plans to invest thousands of crores in the sector. […] Read more
AISIA Warns of Stockpiling of Solar Equipment, Seeks Safeguards Updated On Mon, Mar 21st, 2022 by Saurenergy Industry body AISIA, or the All India Solar Manufacturers Association, has warned yet again of the dangers facing India’s domestic manufacturers. In a letter to the MNRE minister, the AISIA states that domestic manufacturers have been operating at 30% capacity, and the situation places at risk thousands of jobs in India. Almost 125 manufacturing units […] Read more
Solar mfg generating 30,000 jobs, govt. tells Parliament Updated On Thu, Mar 17th, 2022 by Saurenergy The Minister of State for New and Renewable Energy (MNRE) Bhagwanth Khuba has told Parliament that the solar manufacturing industry is providing 29,900 new jobs every year. The employment generated is based on the installed capacity as the Minister informed the Rajya Sabha. Also, Power Minister RK Singh said that India has achieved 40 per […] Read more
IFC to advise on 600MW Solar Power Park in India Updated On Wed, Mar 16th, 2022 by Saurenergy International Finance Corporation (IFC), an institution of the World Bank that focuses on private sector funding and TUSCO Ltd, a Joint Venture Company of THDCIL and Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) have signed an advisory mandate with IFC. Under this mandate, which IFC will support TUSCO in the development of 600MW […] Read more
With formal approval, 20 GW of RE capacity on its way for green corridor Updated On Wed, Mar 16th, 2022 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has notified the President’s approval for the implementation of the “Intra-state Transmission System Green Energy Corridor (GEC) Phase- II” scheme, which will enable the creation of intra-state transmission infrastructure required for the power evacuation of renewable power projects in the country. The projects, which would have approx. […] Read more
