Failure by States to Pay for Renewable Power May Trip Green Energy Target by 2022 Updated On Tue, May 23rd, 2017 by Saurenergy Renewable purchase obligation (RPO) refers to the mandate imposed by law on some entities, mainly power distribution companies, to procure a certain part of their power requirement from renewable sources. States are lagging behind in meeting their renewable purchase obligation target which is a key policy instrument to meet the goal of installing 175 gigawatt […] Read more
QOS Energy opens new office in India to meet the growing demand of its customer base Updated On Tue, May 23rd, 2017 by Saurenergy QOS Energy helps utilities, IPPs, O&M service providers and asset managers to maximize return on investment using powerful data-driven decision making tools (KPIs, Dashboards, and Alerts). QOS Energy has announced the opening of a new office in India to meet the growing demand of its customer base and exploit the opportunities offered by the booming […] Read more
Duke Energy Commissions 17 MW Solar Power Plant at the Indiana Naval Site Updated On Mon, May 22nd, 2017 by Saurenergy The 17 MW solar power plant comprises 76000 solar PV modules spread over a 59 hectare site and will provide electrical infrastructure upgrades at the NSA Crane facility in Indiana. North Carolina’s Duke Energy has completed a 17MW solar power plant NSA Crane facility in Indiana, located about 40 miles south of Bloomington. Duke Energy […] Read more
Sri Lanka is betting big on Solar and Wind energy sources through competitive bidding route Updated On Mon, May 22nd, 2017 by Saurenergy Sri Lanka also has an active rooftop solar power programme. The government is targeting such plants on at least one million roofs with an installed capacity of around 1,000 MW. With abundant wind and solar power potential, Sri Lanka is betting big on these electricity sources through competitive bidding for projects, a top government official […] Read more
No Need to Lower GST Rates for the Growth of Solar Power in India: Piyush Goyal Updated On Fri, May 19th, 2017 by Saurenergy The GST Council has finalized 18 percent of rate for solar panels in its three-day meeting in Srinagar. Piyush Goyal, Power, Coal, Renewable Energy and Mines Minister has said that the government does not need lower tax rates to ensure the growth of solar power sector in India. Goyal was talking in the context of […] Read more
India is eyeing cooperation with African nations on the ISA Updated On Fri, May 19th, 2017 by Saurenergy “India would seek to leverage this occasion to further deepen her economic cooperation with the African countries. India is also looking forward to cooperation with Africa on the International Solar Alliance (ISA) initiative” India is eyeing cooperation with African nations on the International Solar Alliance (ISA) initiative and looking forward to deepen economic cooperation during […] Read more
International Finance Corporation to Invest 40 Million Dollars in Tata Cleantech Capital to Promote Renewable Energy Projects Updated On Wed, May 17th, 2017 by Saurenergy World Bank’s private-sector arm will use the money raised through green bonds to financing environment-friendly Renewable Energy Projects. International Finance Corporation is planning to invest up to $40 million in Tata Cleantech Capital Ltd’s (TCCL) green bond issue to help the company expand long-term environment-friendly infrastructure funding. The money raised through green bonds will be […] Read more
Odisha CM seeks intervention of PM for early set up of National Institute of New Energy in the state Updated On Wed, May 17th, 2017 by Saurenergy Odisha government has allocated about 73.86 acres of land free of cost near IIT, Bhubaneswar for the construction of the proposed National Institute of New Energy (NINEI), the Ministry of New and Renewable Energy is yet to take possession of the land and start construction of the building Odisha Chief Minister Naveen Patnaik has sought […] Read more
Foxconn and SoftBank to Bring World’s Cheapest Solar Power in India Updated On Sat, May 13th, 2017 by Saurenergy SBG Cleantech Ltd., the clean-energy joint venture between Japan’s SoftBank Group Corp., India’s Bharti Enterprises Pvt. and Taiwan’s Foxconn Technology Group quoted 2.45 rupees to scoop up the 300 MW solar power project. Companies led by SoftBank Group Corp. of Japan and Taiwan’s Foxconn Technology Co. Ltd. are bringing India some of the cheapest solar […] Read more
