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
Adequacy of Transmission Infrastructure Critical, Says ICRA Updated On Fri, May 25th, 2018 by Saurenergy “The notified regulations are positive for developers in the renewable energy sector, as they provide clarity on the procedure and timelines for securing approval for connectivity from the central transmission utility.” In a positive move for developers the Central Electricity Regulatory Commission (CREC) has put out new set of norms on inter-state transmission system (ISTS) for renewable […] Read more
Tariffs Drop at NTPC’s Solar Auction Updated On Thu, May 10th, 2018 by Saurenergy All the winners include Sprng Energy, Ayana Renewable Power, and SB Energy Solar. The winners at the auction got 250 MW each. In a 750 MW auction conducted by NTPC for projects at Ananthapuram Solar Park in Andhra Pradesh the tariffs fell to Rs 2.72-2.73 per unit. All the winners include Sprng Energy, Ayana Renewable Power, […] Read more
Campbell Gets New 4.4-Megawatt Solar Array at Its World Headquarters Updated On Tue, Mar 13th, 2018 by Saurenergy Camden project features rooftop, carport and ground-mount solar solutions, with 2.7MW arrays installed across Campbell’s World Headquarters campus and an additional 1.7MW ground mount array on an adjacent 4.5-acre remediated brownfield that BNB purchased specifically for the project. Campbell Soup Company, in partnership with BNB Renewable Energy Holdings (BNB), SunPower and ORIX USA announced that the […] Read more
Microsoft Inks Landmark Solar Proj Deal with Sunseap for S’pore Updated On Mon, Mar 5th, 2018 by Saurenergy The IT giant will buy 100 per cent of the renewable energy attributes to the grid. This landmark agreement also marks progress for Singapore in the renewables sector. Microsoft Corp., the IT giant, has inked a 20-year pact with Sunseap Group that marks Microsoft’s first clean energy deal in Asia. It will also create the […] Read more
Renew Power Signs MoU with Maharashtra Govt for Rs 14K Cr Investment Updated On Tue, Feb 20th, 2018 by Saurenergy As per reports, a Memorandum of Understanding (MoU) was signed at the three-day investment summit “Magnetic Maharashtra: Convergence 2018” held in the financial capital of the country. In a significant development, Indian renewable energy company ReNew Power has said it has signed a pact with the Government of Maharashtra to facilitate a proposed investment […] Read more
Solar Power Generating Capacity in South Korea to Increase by Five Times by 2030 Updated On Wed, Dec 20th, 2017 by Saurenergy South Korea plans to add 30.8 gigawatts of solar power generating capacity and 16.5 gigawatts of wind power capacity by 2030. South Korea plans to increase its solar power capacity by five times current amounts by 2030 to boost use of renewable sources in the nation’s energy mix, reuters news agency reported. Since President Moon […] Read more
INDIA Marches Ahead Updated On Wed, Dec 13th, 2017 by Saurenergy As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […] Read more
African Development Bank Grants $265M Loan for Two Solar Power Plants Updated On Tue, Dec 12th, 2017 by Saurenergy The bank has committed $265 million for Morocco where two solar power plants named NOORM I and NOORM II with a combined capacity of 800MW The African Development Bank (AFDB) has approved $324 million loan for two renewable energy projects in Africa. The Bank has set aside US$265 million for two solar power plants named […] Read more