Canada-based solar firm SkyPower Global looking to shed equity in Madhya Pradesh project Updated On Tue, Apr 12th, 2016 by Saurenergy After SunEdison, a Canada-based solar firm SkyPower Global is looking to exit from the Indian market. Last year in July the firm bagged contracts to set up solar plants of 150 MW in Madhya Pradesh and now it is looking to offload equity. According to ET SkyPower Global has approached two leading India based renewable […] Read more
Over Rs. 71,200 crore sanctioned for Renewable Energy Sector by Banks & NBFCs since February, 2015 Updated On Mon, Apr 11th, 2016 by Saurenergy Banks & Non-Banking Financial Companies (NBFCs) have sanctioned over Rs. 71,201.54 crore to finance various renewable energy projects and disbursed Rs. 29,529.57 crore against the sanctioned amount since February 2015 till 21 March, 2016. During RE-INVEST 2015, 40 major Banks and Non-Banking Financial Companies (NBFCs) committed to provide debt funding to Renewable Energy Projects aggregating […] Read more
Govt. upbeats Solar Power Generation to 48GW by 2019 Updated On Mon, Apr 11th, 2016 by Saurenergy Eyeing the indigenous growing solar reputation, the government is aiming to extend the solar power generation capacity to 48GW by early 2019, giving an early deed to the promising 100 GW National Solar Mission chalked by 2022. Latest projections from The Ministry of New and Renewable Energy (MNRE), has benchmarked a target generating 48GW grid […] Read more
Cost of Solar energy is less than that of conventional energy: Piyush Goyal Updated On Sun, Apr 10th, 2016 by Saurenergy Power, Coal and New & Renewable Energy Minister, Piyush Goyal speaking at a lecture organized by Mahratta Chamber of Commerce and the Pune International Centre of State (IC) said energy is important part of our ecosystem and setting up of a multilateral Agency of International Solar Alliance is a demonstration of our concern for issues […] Read more
People in Himachal Pradesh can now access solar energy at 70% subsidy Updated On Sat, Apr 9th, 2016 by Saurenergy People in Himachal Pradesh can now access solar energy at 70 per cent subsidy. As per the guidelines of the Ministry of New and Renewable Energy (MNRE) people opting for grid connected rooftop solar panels/power plant will be given 70 per cent subsidy. The surplus power produced by rooftop solar panels/power plant can be sold […] Read more
‘Graphene’ can solve the Rainy Day Riddle of Solar Power Updated On Fri, Apr 8th, 2016 by Saurenergy Dilemma of solar power working on nights or during inclement weather has given hesitant reasons to rely on this source of green energy. As technology leapfrogs rainy days might also not affect the potential of solar. Researchers are undergoing revolutionary experiments with the wonder material ‘graphene’ (its potential has defined new dimensions in semiconductors too) […] Read more
MNRE releases year wise cumulative target to achieve 100GW Grid connected Solar Power Project Updated On Thu, Apr 7th, 2016 by Saurenergy Ministry of New and Renewable Energy has chalked out year wise and cumulative target to achieve 1,00,000 MW Grid connected Solar Power Project by the year 2021-22 under National Solar Mission. The ministry notes that in case of major events, such as shortage of panels in international market or in the domestic market, a portion […] Read more
EDF Renewable Energy signs 15 year PPA with a California Utility for 111 MWac Solar Project Updated On Thu, Apr 7th, 2016 by Saurenergy EDF Renewable Energy has signed a 15-year Power Purchase Agreement with Southern California Edison (SCE) for 111.2 megawatt alternating current (MWac) solar project. The Valentine solar project will deliver clean electricity to SCE starting December 2019. Valentine Solar spreads across 1,260 acres of private land in Kern County’s Mojave Desert, adjacent to company’s Catalina Solar […] Read more
Piyush Goyal to launch schemes for distribution of energy efficient pumps & fans in Andhra Pradesh Updated On Thu, Apr 7th, 2016 by Saurenergy Power, Coal and New & Renewable Energy minister Piyush Goyal, along with Chief Minister of Andhra Pradesh N. Chandrababu Naidu, will launch two schemes namely National Energy Efficient Agriculture Pumps Programme and National Energy Efficient Fan Programme in Vijayawada , Andhra Pradesh on Thursday. These Schemes will be implemented by Energy Efficiency Services Limited ( EESL) . […] Read more
