India’s Solar Race toward Next Decade Updated On Tue, Sep 4th, 2018 by Saurenergy Buoyed by the quite impressive performance of India’s renewable energy sector and especially in the solar space in recent years, the Government of India took a daring move and revised its ambitious renewable energy targets from 175 GW to 227 GW by 2022. Following the move, it also aimed to auction 40 GW of renewable […] Read more
Gov’t Cuts Component Manufacturing Requirement to Prevent High Tariff Bids in Solar Tender Updated On Mon, Sep 3rd, 2018 by Saurenergy The government has also brought down the maximum permissible tariff rate for the solar tender to Rs 2.75 per unit from an earlier cap of Rs 2.93. In a bid to attract healthy number of developers in a recent solar auction and prevent higher tariff bids from the bidders, the government has reduced the component […] Read more
Orissa HC Hearing on ‘Solar Safeguard Duty Case’ on Sept’ 19 Updated On Thu, Aug 30th, 2018 by Saurenergy The new hearing date manifestly shows that the safeguard duty is yet to be implemented on the solar imports from China and Malaysia. Nearing the safeguard duty verdict, Orissa High Court has set September 19th, 2018 as the next date for the hearing of ‘Safeguard Duty on Solar Imports Case’. Coming as a historic wrestle […] Read more
Indian Gov’t to Seek RBI Relief for Stressed Power Cos Updated On Wed, Aug 29th, 2018 by Saurenergy Allahabad High Court disapproved the RBI relief to the private power companies taking into account the RBI February 12 circular upholding tighter bad loan norms. Following an order by the Allahabad High Court declining to provide any interim relief to the stressed power sector firms, Indian Government is considering to ask Reserve Bank of India […] Read more
Guam Signs Agreement with Hanwha Energy for 60MW Clean Energy Updated On Thu, Aug 23rd, 2018 by Saurenergy GPA has planned to use renewable energy sources in order to curb the use of non-renewable sources like fossil fuels citing their rising costs. Guam Power Authority has signed a power purchase agreement with the South Korean renewable energy provider, Hanwha Energy for developing 60 MW renewable energy project. General Manager, GPA, John Benavente said, […] Read more
Viz-A-Viz with Khalid Nadeem, Chief Operating Officer – Solar Business, Sukhbir Agro Energy Ltd Updated On Mon, Aug 20th, 2018 by Saurenergy Q. Could you give us a brief overview of your company, various products & services and its contribution towards clean energy? We, at SAEL, are committed to bring you economical and reliable solar power. We have years of experience, the complete knowhow and cutting-edge technology in harnessing solar power. Further we are a diversified group […] Read more
Sobha Carnation Inaugurates 69kWp Rooftop PV Plant along with Greenrays Enersol Updated On Thu, Aug 16th, 2018 by Saurenergy Further, this project is taken up under PPA model, wherein entire investment is done by Greenrays Enersol and power is consumed captively by the society for common loads through a Power Purchase Agreement (PPA) between both the entities. Taking another positive step towards going green, Sobha Carnation CHS, a reputed premier society in Kondhwa, Pune […] Read more
CLP India Fends off Aggressive Solar Power Bidding Updated On Wed, Aug 8th, 2018 by Saurenergy India’s largest wind power player, CLP India is instead going to zero in on acquisitions of upcoming new energy projects. A wholly-owned subsidiary of Hong Kong based CLP Holdings, CLP India has claimed to stay away from the ongoing aggressive solar bidding. India’s largest wind power player, CLP India is instead going to zero in […] Read more
UN Commends India’s Solar Approach and Plastic Ban Updated On Tue, Aug 7th, 2018 by Saurenergy Major advances are being made to better safeguard natural environments across the world, but more action is needed if the planet’s long-term survival is to be ensured. United Nations’ environment chief has commended the intensity of India’s approach towards the use of solar energy for electricity production. UN Environment Programme (UNEP), Execiutive Director, Erik Solheim […] Read more