Ripple effect of India’s energy shift visible globally Updated On Fri, May 12th, 2017 by Saurenergy The Indian government’s striking policy shift towards renewable energy sources — away from more expensive and polluting fossil fuels — is a strong global endorsement of the country’s leadership,” Tim Buckley, Director at the Cleaveland-based Institute for Energy Economics and Financial Analysis (IEEFA) said India’s solar tariffs have fallen 40 per cent in just 16 […] Read more
d.light Join Hands with Microfinance Institutions to Provide Solar Energy in Kenya Updated On Thu, May 11th, 2017 by Saurenergy Low-income earners in Kenya can now access solar energy through d.light Partnership with Microfinance Institutions Off-grid solar solutions provider d.light has signed a new partnership with micro lender Musoni to enable low income consumers in Kenya to access solar energy at affordable prices. More than 47 million households in Africa and Asia have no electricity […] Read more
Renewable energy in key markets will see global power investment reach $443.5 billion in 2017: Frost & Sullivan Updated On Thu, May 11th, 2017 by Saurenergy Frost & Sullivan notes that solar photovoltaic (PV) will be the fastest growing segment, followed by wind power, accounting for 37.5 percent and 21 percent of global investment, respectively, by 2020. Continued regulatory support for renewable energy in key markets will see global power investment reach $443.5 billion in 2017 said Frost & Sullivan in its report. […] Read more
Solar Power and Biometric Based ATM Being Developed for Rural India Updated On Thu, May 4th, 2017 by Saurenergy Science and Technology Ministry has discussed the launch of two pilot prototypes of Solar Power and Biometric Based ATM in a rural bank. As reported in IANS, Union Science and Technology Minister Harsh Vardhan told that a Solar Power and Biometric Based ATM have been developed by Indian scientists for rural areas. He further mentioned […] Read more
India Expects To Add Almost 10 GW of Solar Power Capacity in 2017 Updated On Tue, May 2nd, 2017 by Saurenergy Mercom Capital Group expects over 9,000 megawatts of utility-scale and almost 800 megawatts of rooftop solar power capacity to be added in 2017. The Indian solar power market is expected to see another record capacity addition this year as several large-scale power projects are lined up for commissioning. According to India-based consultancy Mercom Capital Group, […] Read more
Chinese Solar Equipment Major, GCL-Poly Energy Bids on India Solar Market Updated On Sun, Apr 30th, 2017 by Saurenergy The Chinese solar equipment maker major, GCL-Poly Energy Holdings has shared plans to invest in India, attracted by the nation’s emerging green economy. As part of its India entry plan, GCL-Poly Energy Holdings Ltd is in talk with Subhash Chandra’s Essel Group to set up a solar module manufacturing facility. The Hong Kong-listed firm, which […] Read more
Fotowatio Renewable Ventures Raises $29 Million from IFC to Fund 100 MW Solar Power Projects in Andhra Pradesh Updated On Sat, Apr 29th, 2017 by Saurenergy The Company is building two solar power projects of 50MW each in Andhra Pradesh. The cost of the project is estimated at $119 million which will be funded through a mix of 75 per cent debt and 25 per cent equity. Fotowatio Renewable Ventures (FRV) has raised $29 million (~Rs.1.86 billion) in non-convertible debentures (NCDs) […] Read more
Maharashtra Solar Energy Policy Updated On Thu, Apr 27th, 2017 by Saurenergy Maharashtra Solar Energy Policy Updates 2017 As per the new proposed changes by Maharashtra Electricity Regulatory Commission (MERC) in July 2017 the new regulations will be called the Maharashtra Electricity Regulatory Commission (Net Metering for Roof-top Solar Photo Voltaic Systems) (First Amendment) Regulations, 2017. Some of the highlights of the proposed changes are as follows: […] Read more
Jharkhand Solar Energy Policy Updated On Thu, Apr 27th, 2017 by Saurenergy Jharkhand Solar Energy Policy Updates 2017 A 50 percent subsidy to residential consumers and a 10 percent subsidy to commercial (industrial) consumers installing rooftop solar will be provided by the Jharkhand State government, the policy was implemented in July 2017. OBJECTIVE The objectives of the Policy are as follows To encourage participation of private sector […] Read more
