Renewable Energy Will Be Reaching 49 percent in India by 2040: BNEF Updated On Mon, Jun 19th, 2017 by Saurenergy “Wind and solar energy account for 48 percent of installed capacity and 34 percent of electricity generation world-wide by 2040. This is compared with just 12 percent and 5 percent today. Installed solar capacity increases 14-fold and wind capacity fourfold by 2040. We anticipate renewable energy reaching 74 percent penetration in Germany, 38 percent in […] Read more
30 promoters get government’s approval to conduct survey for180 MW solar power project Updated On Sat, Jun 17th, 2017 by Saurenergy Nepal Electricity Authority is in the process of signing PPA with promoters to commission solar project with total capacity of producing 61 MW solar powers. Nepal government has recently given approval to as many as 30 promoters to conduct survey for the commissioning of 180 MW solar power project in different part of the country. […] Read more
Gujarat Urja Vikas Nigam Ltd (GUVNL) floats tender for 500 MW grid connected Solar Power project Updated On Fri, Jun 16th, 2017 by Saurenergy Gujarat Urja Vikas Nigam Ltd (GUVNL) has decided to buy 500 MW of solar power through competitive bidding, which will be followed by an e-auction for the lowest price. Gujarat Urja Vikas Nigam Ltd via RfS no GUVNL/Competitive/500MW/Solar dated 15.06.2017 has floated tender for procurement of 500 MW power from Solar Power Projects through Competitive […] Read more
Mytrah Energy reports USD 362.23mn in revenue Updated On Wed, Jun 14th, 2017 by Saurenergy The renewable power producer Mytrah Energy entered into PPAs for 140 MW of solar power capacity, bringing the total to 422 MW AC in Telangana, Punjab and Karnataka Renewable energy company Mytrah Energy Ltd. announced its full year results for the year ended 31 December 2016. The company reported full year revenues of USD 362.23mn, […] Read more
Aurora Solar Introduces Financial Analysis to Solar Design and Sales Platform Updated On Tue, Jun 13th, 2017 by Saurenergy Aurora’s commercial financial analysis allows installers to compare the returns of any cash, lease, loan, or PPA financing option. Aurora Solar Inc. has added financial analysis to its commercial suite. The company it touting it as industry’s only all-in-one solar design and sales platform for residential and commercial PV systems. Al-Karim Lalani, Lead Engineer of […] Read more
Major ports slipping up on renewable energy targets and also pointing to the problems Updated On Wed, Jun 7th, 2017 by Saurenergy The ports, coming under the Shipping Ministry, have been able to commission only 22.66 MW of solar and wind energy projects, less than 15 per cent of the target given in October 2015 India’s overall goal for green energy in the country is an ambitious 175 gigawatts (GW) by 2022. Each of the ministries has […] Read more
SunPower Partners Help 10 Massachusetts Schools Reduce Energy Costs with High-Efficiency Solar Systems Updated On Mon, Jun 5th, 2017 by Saurenergy Solect Energy and Green Street – members of SunPower’s national dealer network – have developed two high-efficiency SunPower solar systems that will provide electricity to 10 Massachusetts schools. Ranked seventh among U.S. states for the most solar capacity, Massachusetts is adding 6.9 megawatts to its 1,487 megawatts of solar currently installed and operating. Solect Energy […] Read more
GST rate on solar panel indicates grid parity: Anurag Garg-VP, Schneider Updated On Mon, Jun 5th, 2017 by Saurenergy Five percent tax being levied comes as a big reprieve to the solar sector, as against the earlier classification of 18 percent said Anurag Garg, Vice President – Schneider Electric India. In lieu of the tax rate on solar panels being fixed at five percent under the forthcoming Goods and Services Tax (GST), industry players […] Read more
GST Arrests the Slide and May Lead to a Temporary Standstill in Demand: Guru Inder Mohan Singh, Director & COO, Amplus Solar Updated On Sat, Jun 3rd, 2017 by Saurenergy Since Discom supply rates have not been impacted by GST, attractiveness of solar would reduce, and hence private demand, and specifically distributed solar would be impacted said Guru Inder Mohan Singh, Director & COO, Amplus Solar 1. Share your views on GST, how the new Goods and Services Tax rates impact clean energy drive in […] Read more
