MNRE Extends Timeline for Implementing 40 GW ‘Solar Parks and Ultra Mega Solar Power Projects’ Scheme to 2021-22 Updated On Thu, Jul 5th, 2018 by Saurenergy The timelines of the scheme is extended from 2019-20 to 2021-22 without any additional financial implication. The Ministry of New and Renewable Energy (MNRE) has extended the timeline for the implementation of 40 GW scheme for developing solar parks and ultra mega solar power projects from 2019-20 to 2021-22. The MNRE said in a statement […] Read more
Hanergy’s Single Junction GaAs Module Rated as World’s Most Efficient Single-Junction Solar Module Updated On Thu, Jul 5th, 2018 by Saurenergy The company’s GaAs single-junction solar battery has attained conversation efficiency rate of 28.9 percent. One of the world’s leading renewable energy research organizations, US’s National Renewable Energy Laboratory (NREL) has rated Alta Devices’, US arm of Hanergy, single junction GaAs module as the world’s most efficient single-junction solar module. The company’s GaAs single-junction solar battery has […] Read more
Parrikar Held Meeting with Goa Power Dept. Over Solar Policy Implementation Updated On Wed, Jul 4th, 2018 by Saurenergy For the generation of grid-connected solar power a power purchase agreement has to be signed between consumers and the electricity department. In order to streamline the implementations of a solar policy in Goa, Chief Minister Manohar Parrikar held a meeting with officials of the electricity department and Goa Energy Development Agency (GEDA). Manohar Parrikar was instrumental in […] Read more
LPG Bottling Plant in Leh to Run on Solar Power Updated On Wed, Jul 4th, 2018 by Saurenergy The company said it has commissioned a 100 Kilowatt solar power plant at the location to run the plant’s operations. India’s largest fuel retailer, Indian Oil Corporation (IOC) will install solar power plant in Leh to run its Liquefied Petroleum Gas (LPG) bottling plant. The LPG plant in Leh district of Jammu and Kashmir is […] Read more
PROINSO, Joules Power to Build First Utility-Scale Solar Project in Bangladesh Updated On Wed, Jul 4th, 2018 by Saurenergy The project is located in Teknaf, a sub-district of Cox’s Bazar, in the Division of Chittagong. It forms the southernmost point of mainland Bangladesh and has a population of over 200,000. In a first of its kind in the country, PROINSO, a global energy supplier, has commissioned a 28MWp utility-scale project in Bangladesh. PROINSO UK […] Read more
Solar Boom – A Fantastic Fillip for India! Updated On Sun, Jul 1st, 2018 by Saurenergy India’s solar boom proved to be a game changer for the country’s renewable growth trajectory, as the sector witnesses’ sharp momentum during the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took PM’s chair, India had about 2.63 GW of solar energy capacity, which now surged to nearly […] Read more
Green Certificates Sales Dip 32% on Power Exchanges in June Updated On Fri, Jun 29th, 2018 by Saurenergy The IEX and PXIL sold 5,09,744 and 3,86,485 RECs respectively, totalling 8,96,229 RECs in June during the recent auction. The sale of Renewable Energy Certificates (RECs) has dropped 32 percent to 8.96 lakh in June against 13.15 lakh in May this year on Indian Energy Exchange and Power Exchange India Ltd, according to an official data. Further, the Renewable Purchase Obligation (RPO) is […] Read more
Nautilus Solar Energy Inaugurates 13.3 MW Community Solar Projects in Minnesota Updated On Wed, Jun 27th, 2018 by Saurenergy As part of Xcel Energy’s solar rewards community program, these solar projects are 100 percent subscribed by a diverse set of regional customers including 5 municipalities, 2 leading research/ medical facilities and a local university. New Jersey-based Nautilus Solar Energy has inaugurated the portfolio of 13.3 MW of community solar projects in Minnesota. As part of […] Read more
Regulatory Challenges to Prolong, No Respite for Renewable Energy Certificates Updated On Tue, Jun 26th, 2018 by Saurenergy The obligated entities may prefer to continue to buy renewable power directly rather than using renewable energy certificates (DECs), to comply with their renewable power obligations There would be a lot of regulatory challenges that renewable certificates will continue to face and obligated entities may prefer to buy clean energy directly. India Rating and Research said, “The […] Read more