750 MW Rewa Solar Power Project Operational, to Serve Delhi Metro Updated On Tue, Jul 10th, 2018 by Saurenergy This opens up an entirely new chapter in the utilization of renewable energy in the country, where large institutional open access consumers can start procuring it inexpensively. The operations on the 750 MW Rewa Solar Power Project in Madhya Pradesh (MP) has started earlier this week. The plant would supply power to the Delhi Metro, said the […] Read more
PE/VC Inflows Surged by 46 Percent in First Half, Cross $15 Billion, Says Report Updated On Tue, Jul 10th, 2018 by Saurenergy The report stated that the period saw as many as 36 large deals worth USD 11.5 billion, which were mostly buyouts, making such deals the highest ever at USD 4.9 billion, or 32 percent of all investments received. The funds from the private equity (PE) and venture capitalists (VCs) have surged by 46% in the first […] Read more
China’s – New Solar Policies & Change in Markets Updated On Fri, Jul 6th, 2018 by Saurenergy In the first week of June, the china dropped bombshell solar policy change that sent ripples across the board. The country rolled back the subsidies solar developers would enjoy from the government. The change in the Chinese solar policy will also mean the halting of approvals for new solar projects across the country in 2018. […] Read more
Rooftop Power Plants Can Save 95 Percent on Bills, Says Study Updated On Wed, Jul 4th, 2018 by Saurenergy Residents buying power from a community rooftop solar PV plant, via a subscription plan, could also save up to 35% on their electricity bills. These savings have been estimated over the 25-year lifetime of these systems. Households owning rooftop solar systems could save up to 95% on their electricity bills, says an independent study released at the CEEW Renewable Energy Dialogue […] Read more
Electric Vehicles Market in India – A Rocky Road Ahead! Updated On Tue, Jul 3rd, 2018 by Saurenergy In a bid to reiterate India’s commitment towards climate change during the UN Climate Change Conference (COP-21) in Paris, the union government has braced it’s arms to make a major shift from the petroleum product run vehicles to Electric Vehicles (EVs) by 2030. Though the government of India’s ambition of having more than 10 million […] Read more
Solar Boom – A Fantastic Fillip for India! Updated On Sun, Jul 1st, 2018 by Saurenergy India’s solar boom proved to be a game changer for the country’s renewable growth trajectory, as the sector witnesses’ sharp momentum during the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took PM’s chair, India had about 2.63 GW of solar energy capacity, which now surged to nearly […] Read more
ISA Sends Positive Market Signals, says Suresh Prabhu Updated On Fri, Jun 29th, 2018 by Saurenergy While speaking at the Renewable Energy Dialogue in New Delhi, the Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, said that India is running one of the largest and most ambitious renewable energy capacity expansion programmes in the world. Commerce & Industry Minister Suresh Prabhu said that International Solar Alliance (ISA) is sending […] Read more
Financing Indian Sun Updated On Mon, Jun 25th, 2018 by Saurenergy After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […] Read more
India Offers $75 Mn Credit Support for 100 MW Solar Project in Cuba Updated On Sat, Jun 23rd, 2018 by Saurenergy During talks, both countries agreed to enhance cooperation in the fields of renewable energy, biotechnology, traditional medicine and trade and investment. During the third leg of Indian President Ram Nath Kovind’s three nations tour, India offered a USD 75 million credit support to Cuba for a 100 MW solar power project. The President’s Secretariat said […] Read more
