MNRE organises panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW Renewables by 2022’ at CoP 23, Bonn, Germany Updated On Fri, Nov 17th, 2017 by Saurenergy India committed to its Renewable Energy Targets to provide Equitable Sustainable Development The Ministry of New and Renewable Energy (MNRE), Government of India, in partnership with the Confederation of Indian Industry (CII), organised a panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by 2022’ on 16th November 2017 at the […] Read more
India Plans Rent a Roof Policy to Boost Solar Power Generation Updated On Thu, Nov 16th, 2017 by Saurenergy Under this policy developer will take rooftops on rent and will offer lease to each household, and then feed the power to the grid, says MNRE secretary. To achieve the ambitious target of adding 100GW of solar energy by 2022, the Government is planningon a “rent a roof” policy, said Anand Kumar, secretary in the […] Read more
1 Billion USD Guarantee Can Lead to 15 Billion US Dollars Investment for Solar Energy Updated On Wed, Nov 15th, 2017 by Saurenergy CRMM could help build over 1 terrawatt (TW), or 1000 GW, of solar power generation capacity in low and middle-income countries by 2030. According to a study by Common Risk Mitigation Mechanism, a USD 1 billion guarantee could crowd in up to USD 15 billion of investments for 20GW of solar PV capacity in more […] Read more
Progress in Solar Energy Sector Helped India Cut Greenhouse Gas Emissions in 2017: Report Updated On Wed, Nov 15th, 2017 by Saurenergy India’s emissions are projected to grow by 2 percent in 2017, less than the average increase of 6 per cent over the last decade. In a significant development, India’s greenhouse gas emissions in 2017 was significantly lower than the average in the last decade because of the rapid progress made in installation of solar energy, […] Read more
ISA: Collaborative Platform To Achieve Clean Energy Goals Updated On Tue, Nov 14th, 2017 by Saurenergy The session at CoP23 served as the Curtain Raiser for the ISA’s upcoming Founding Ceremony. Leading solar energy solutions provider Vikram Solar was one of the participants in the 23rd Conference of Parties of the United Nations Framework Convention on Climate Change (COP23) in Bonn, Germany. Gyanesh Chaudhary, MD & CEO was the company’s representative. […] Read more
Solar Energy Insurance for Utility Scale Projects Updated On Mon, Nov 13th, 2017 by Saurenergy With each step towards achieving 100GW solar power goal by 2022, the momentous development of solar insurance and reinsurance market in India could not come at a better time. When it comes to new and innovative financing models, growing number of large-scale solar PV power plants and reduction in the feed-in tariff has spurred the […] Read more
India to Invite Bids for World’s Largest Solar Tender of 20GW Capacity Updated On Fri, Nov 10th, 2017 by Saurenergy The MNRE plans to award the contracts to developers who will quote the lowest price at which they will sell electricity in the auction process for the grid-linked capacity. In order to boost the manufacturing of solar power equipments at domestic stage, India is planning to invite the bids for the world’s largest solar tender […] Read more
EESL and UK Firm Collaborate on New Renewable Energy Pact Updated On Fri, Nov 10th, 2017 by Saurenergy EESL EnergyPro Assets Limited (EPAL) launched the new partnership at India House in London for the investment in an advanced battery storage project. A joint venture of Indian PSU Energy Efficiency Services Limited (EESL) and UK-based EnergyPro Limited (EP) will invest USD 12 million in a new partnership with leading battery storage solutions provider Leclanché. […] Read more
1.5 MW Small Hydro Power Plant in Biaras Drass, Kargil (J&K) becomes first project to be commissioned under Prime Minister’s Ladakh Renewable Energy Initiative Updated On Fri, Nov 10th, 2017 by Saurenergy Power Project would meet normal power requirement of about 1000 families The Biaras Small Hydro Power Project (SHP) of 1.5 MW capacity, in Biaras Drass, Kargil Jammu & Kashmir, was commissioned on 4th November 2017. The total cost of the project, fully funded by the Ministry of New & Renewable Energy, is Rs. 17 crores […] Read more
