India’s Solar Capacity Grows Over 3 Folds to 10,000 Megawatt in Three Years Updated On Tue, Mar 14th, 2017 by Saurenergy India has crossed 10 GW of Solar power capacity, which is more than 3 times increase in less than 3 years. India’s solar power generation capacity has crossed 10,000 megawatt (MW), a more than three-time jump in less than three years as government pushes for renewable energy sources to meet galloping demand. The milestone came […] Read more
NTPC installs India’s Largest Floating Solar PV Plant in Kerala Updated On Sat, Mar 11th, 2017 by Saurenergy The 100 kWp floating solar PV plants were indigenously developed by NTPC Energy Technology Research Alliance, the R&D arm of NTPC Ltd. NTPC started power generation from India’s largest floating solar power plant at Kayamkulam in Kerala. The 100 kWp floating solar PV generation plant, largest of its kind in India, was indigenously developed as […] Read more
Solar Energy Market to Reach $422 Billion, Globally, by 2022 – Allied Market Research Updated On Thu, Mar 9th, 2017 by Saurenergy Geographical footprint has affected the growth of solar energy market, owing to decrease in conversion efficiency of solar panels said Allied Market in its report Allied Market Research in its new report “Solar Energy Market – Global Opportunity Analysis and Industry Forecast, 2014 – 2022”, forecasts the solar energy market to reach $422 billion by […] Read more
Centre Approves MoU on Renewable Energy Signed with Portugal, Working Group to Discuss Cooperation Updated On Tue, Mar 7th, 2017 by Saurenergy Both sides aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues on the basis of mutual benefit equality and reciprocity. The Centre today approved a memorandum of understanding (MoU) on renewable energy signed with Portugal. “The Union Cabinet chaired by Prime […] Read more
3rd Edition of India Smart Grid Week set to kick start from 7th March, experts from 50 countries to participate Updated On Mon, Mar 6th, 2017 by Saurenergy Experts from 50 countries from power sector will discuss about the advanced solutions for grid modernization, FDI in smart infrastructure, e-mobility and future of transportation and renewable energy integration at the 3rd Edition of India Smart Grid Week. The 3rd Edition of India Smart Grid Week (ISGW) is all set to kick start the four-day […] Read more
Amazon Launches Solar Energy Initiative on Fulfillment Center Rooftops Updated On Fri, Mar 3rd, 2017 by Saurenergy Amazon planning to deploy large-scale solar energy systems on rooftops of more than 15 fulfillment and sortation centers in the U.S. this year and is planning to deploy solar systems on 50 fulfillment and sortation centers globally by 2020. Amazon has announced a new initiative to generate clean energy by installing solar panels on its […] Read more
Aditya Birla Group with Lotus Renewables to launch a $100 million Global Clean Energy Fund: Report Updated On Fri, Mar 3rd, 2017 by Saurenergy The Global Clean Energy Fund will be managed by Singapore-based Aditya Birla Sun Life Asset Management Company Pte Ltd. Aditya Birla Group is reportedly gearing up to launch a $100 million Global Clean Energy Fund with Lotus Renewables. The fund is targeted at developing countries in Asia, including India, as well as Australia. K Gowri […] Read more
Forecasting Solar Power Generation in India: A Path of Unnecessary Revisions Updated On Wed, Mar 1st, 2017 by Saurenergy To achieve 40% of total installed capacity (power generation) from renewable energy by 2030 as per India’s NDC goal, India has a target of 175 gigawatt (GW) of installed capacity from renewable energy by 2022, of which 100GW is to come from solar, 60GW from wind. Taking India as an evolving place to put […] Read more
Sales of Renewable Energy Certificates (RECs) Dropped To 30 Per Cent in February Updated On Thu, Feb 23rd, 2017 by Saurenergy Power distribution companies as well as open access and captive consumers are under obligation to buy RECs from renewable energy producers under renewable purchase obligations (RPOs) as mandated by central and state regulatory commissions. Sales of renewable energy certificates (RECs) dropped 30 per cent to 10.93 lakh this month against 15.68 lakh in January this […] Read more