Adani Group Joins Global Sustainable Renewable Energy Promotion Club GEIDCO Updated On Tue, Mar 28th, 2017 by Saurenergy Adani Group has been inducted into GEIDCO, an organization dedicated to promoting sustainable development of renewable energy worldwide. Infrastructure conglomerate Adani Group has joined Global Energy Interconnection Development and Cooperation Organization (GEIDCO) as a member, which is a non-governmental body dedicated to promoting sustainable development of renewable energy worldwide. The group claimed that it is […] Read more
Piyush Goyal reiterates India’s commitments to combat Climate Change at the ‘World Conference on Environment 2017’ Updated On Mon, Mar 27th, 2017 by Saurenergy Piyush Goyal noted that the largest loss experienced due to climate change is to the poorest and the underprivileged section of the society Union Minister of State (IC) for Power, Coal, New and Renewable Energy and Mines, Piyush Goyal, addressing an august gathering at the ‘World Conference on Environment 2017’ said that such conferences are […] Read more
IREDA to sanction Rs 13,000 crore loan for renewables in FY18 Updated On Mon, Mar 27th, 2017 by Saurenergy Indian Renewable Energy Development Agency will be sanctioning Rs 13000 crore loan to meet the Government’s target of achieving 15 to 16 GW of renewable energy projects. State-run Indian Renewable Energy Development Agency (IREDA) will sanction Rs 13,000 crore for clean energy projects next fiscal in the country, vying for around 20 per cent of […] Read more
NTPC Plans to Achieve 32 GW Installed Capacity via Renewable Sources by 2032 Updated On Sat, Mar 25th, 2017 by Saurenergy Green masala bonds will be used by NTPC for financing renewable energy projects in accordance with applicable guidelines and regulations of Reserve Bank of India NTPC Ltd. has raised Rs. 2,000 crore through issuance of green masala bonds in overseas market under its USD 4 billion medium term note programme. The proceeds of these green […] Read more
Solar Power Tariffs in India Have Plunged by 73 Percent Since 2010 Updated On Fri, Mar 24th, 2017 by Saurenergy Since 2010, India’s solar power tariff rate has been reduced to record low, especially in the auction conducted at the Rewa Solar Park. India’s solar sector recently reached record low tariff levels in the auction conducted at the Rewa Solar Park in the state of Madhya Pradesh. India was one of the first countries to […] Read more
RPO Compliance Needs To Improve Fast for India to Meet its Solar Installation Targets: Mercom Capital Updated On Wed, Mar 22nd, 2017 by Saurenergy India needs to install 90 GW of solar in five year – at a rate of 18 GW per year. Most states have specified RPO targets. However, due to the lack of enforcement of RPO regulations and the absence of penalties when obligations are not met, many of the state DISCOMs (distribution companies) are not […] Read more
India’s solar capacity to hit 20GW mark in next 15 months: Piyush Goyal Updated On Tue, Mar 21st, 2017 by Saurenergy “India could not have completely focused on Making in India’ in the last three years as being in the nascent stage, its solar power sector needed technological and financial boost from abroad to rapidly expand its horizons,” The installed solar power capacity in India is expected to double from 10GW to 20GW in next 15 […] Read more
Government of India has allocated 90 Million Dollars for 3 GW of Rooftop Solar Power Projects Updated On Tue, Mar 21st, 2017 by Saurenergy $90 Million has been allocated by the Government so far to set up rooftop solar power projects in the country across 28 states. The Government of India has allocated$90 Million Dollars in subsidies for setting up rooftop solar power projects across 28 states and its various organizations, a recent press release showed. The Ministry of […] Read more
First Solar Rubbishes 200 MW India Asset sale Report Updated On Mon, Mar 20th, 2017 by Saurenergy It is not our policy to comment on market rumours or speculation: First solar Leading global provider of comprehensive photovoltaic (PV) solar systems, First Solar rubbishes the report which states that the company is exploring sale of almost 200MW of its solar power assets in India. The company termed the entire report as speculation […] Read more
