First Project of BRICS Development Bank Starts Operation Updated On Mon, Sep 4th, 2017 by Saurenergy The The New Development Bank approved its loans worth USD 811 million in April 2016. Four of the bank’s loan projects are in China. The first project funded by The New Development Bank, set up by India and other members of the BRICS grouping of emerging economies, has started operation in Shanghai. The USD 76 […] Read more
MNRE Drafts New Guidelines on Solar Power Procurement Updated On Wed, Aug 23rd, 2017 by Saurenergy Prepared by the MNRE, the new guidelines cover the grid-connected solar PV power projects with a size of 5 mw and above, and will help in reducing off-takers’ risks, encourage investments, enhance bankability of projects and improve profitability for investors. The government has implemented new rules for buying power from grid-linked solar power projects through […] Read more
Falling panel prices and increased competition have contributed to aggressive bids: Ind-Ra Updated On Thu, Aug 17th, 2017 by Saurenergy “An increase in panel conversion efficiency has contributed to a reduction in land required for panels and a fall in the balance of system cost, resulting in lower bids,” Ind-Ra said. With solar developers bidding aggressively at lower tariffs, they have little financial buffers to face challenges such as cost overrun, increased interest rate and […] Read more
Haryana Waives Wheeling Charges on Power Generated From Solar Plants Updated On Tue, Aug 8th, 2017 by Saurenergy Any investor, who installs a solar power plant at any place in the state, can sell this power to any private entity within the state at mutually agreed tariff without paying these charges. The Haryana government has waived intra-state wheeling charges, cross subsidy charges, transmission and distribution charges on the electricity generated from solar power […] Read more
ContourGlobal Adds 20MW of Operating Solar Plants in Italy to European Solar Business Updated On Thu, Aug 3rd, 2017 by Saurenergy The acquisition further expands ContourGlobal’s Italian power business and leverages the company’s existing Italian thermal and renewable operating platform consisting of high efficiency QuadGeneration facilities. ContourGlobal has signed an agreement for the acquisition of a group of companies owning 20MW of operational solar photovoltaic (“PV”) plants in Italy from ErgyCapital S.p.A. The plants, located in […] Read more
Hydrogen + Fuel Cells NORTH AMERICA to be Staged Alongside SPI 2017 Updated On Wed, Aug 2nd, 2017 by Saurenergy Exhibitors and leading industry experts will feature a comprehensive forum program, including company presentations and interviews at Hydrogen + Fuel Cells NORTH AMERICA trade show. The inaugural event for Hydrogen + Fuel Cells NORTH AMERICA will be held alongside the Solar Power International (SPI 2017) at the Mandalay Bay Convention Center in Las Vegas from […] Read more
India Aspiring For Global Leadership in Climate Action: Anand Mahindra Updated On Fri, Jul 28th, 2017 by Saurenergy Heavy investment in solar and wind has helped drive down costs of electricity to a point where, in many places, renewable sources can generate electricity more cheaply than conventional sources such as coal. India is aspiring for a global leadership in climate action and has set an “ambitious” goal of receiving 40 per cent of […] Read more
Jaipur Metro Rail’s Rooftop Solar Plant Project Hits Blockade Updated On Wed, Jul 26th, 2017 by Saurenergy The approval for installation of Rooftop Solar Plant was received by the Centre, but the proposal failed to take off as permission was not received from the state government. The Jaipur Metro Rail Corporation’s (JMRC) plans to make its station energy self-sufficient by installing rooftop solar plant has hit a roadblock. Under the Central government’s […] Read more
Jakson Group to Set Up New Manufacturing Solar Power Plant in Guajart Updated On Mon, Jul 24th, 2017 by Saurenergy Jakson Group will invest Rs 700 Crore in a new production plant for solar power modules in Gujarat that will have a capacity of 1,000 MW of solar modules and 250 MW of solar cells in three years. At a time when most domestic solar manufacturers are struggling with idle capacity in the face of […] Read more
