Huge growth forecasted for India’s solar sector Updated On Wed, Oct 19th, 2016 by Saurenergy India’s solar sector outlook is positive in view of a strong government support for the renewable energy sector to achieve the target of 40GW of installed rooftop solar power by 2022 along with high investor interest, says a report. “We maintain our view that inefficiencies in the power grid infrastructure, power supply shortages and the […] Read more
PM Modi plans state aid package of Rs 210 billion rupee to boost India’s solar industry Updated On Tue, Oct 18th, 2016 by Saurenergy The Prime Minister of India, Narendra Modi’s is planning a 210 billion-rupee ($3.1 billion) package of state aid for India’s solar panel manufacturing industry, according to two officials. The so-called Prayas initiative, short for “Pradhan Mantri Yojana for Augmenting Solar Manufacturing,” a central-government plan designed to lift India’s installed photovoltaic capacity as well as to […] Read more
Kerala targets to add 600 MW of solar in next three years Updated On Sat, Oct 15th, 2016 by Saurenergy In an attempt to meet rising energy demand of the state, Kerala aims to get a huge boost as it plans to install another 600 MW of new solar over the next three years. As Kerala looks to satisfy its renewable purchase obligations, the decision to install 600 MW solar plants is a welcome for […] Read more
International Solar Alliance to get ratified at forthcoming COP22 Updated On Fri, Oct 14th, 2016 by Saurenergy The International Solar Alliance (ISA) announced at the climate conference in Paris (COP21), will be ratified at the forthcoming COP22 in Marrakech in November. The ISA ‘s objective is to bring together solar rich countries on a common platform to make joint efforts through innovative policies, projects, programmes, capacity building measures and financial instruments to […] Read more
Thrissur Corporation’s 200kW solar plant to be operative by October 15 Updated On Wed, Oct 12th, 2016 by Saurenergy Thrissur Corporation will be inaugurating its 200kW solar plant on October 15, and is expected to start working on similar projects to meet the increasing demand of electricity through renewable sources in different parts of the state. The newly installed solar plant b Thrissur Corporation at Jaihind Market has a capacity to generate 200 kilowatt […] Read more
NLC India gives up on plans to set up project plans in Rajasthan Updated On Mon, Oct 10th, 2016 by Saurenergy NLC India Ltd. has cast aside its plans to set up solar projects in Rajasthan as the state’s power distribution companies have turn down to purchase the power generated at the rate NLC had estimated. NLC, earlier called Neyveli Lignite Corporation, had in January invited global tenders to set up four blocks of solar projects […] Read more
ABB to install solar based micro grid at Vadodara facility Updated On Wed, Oct 5th, 2016 by Saurenergy ABB has announced that it will install a fully integrated and standardized micro-grid at its Vadodara facility in Gujarat, India to help boost renewable energy generation while reducing dependency on fossil fuel. This micro-grid, with a rooftop photo voltaic field at the company’s biggest manufacturing location in India with around 3,000 employees, will help ensure […] Read more
EDF Energies Nouvelles calls off partnership with Acme Cleantech Solutions Updated On Wed, Oct 5th, 2016 by Saurenergy EDF Energies Nouvelles, a French renewable energy group has called off its collaboration with Acme Cleantech Solutions, a Gurgaon-based green technology solution provider, over differences in strategy- marking an end to its first venture into the Indian solar energy. The Paris-based state-run power major, however, remains confident about its clean energy projects in the country. […] Read more
Asian Development Bank to allocate 500 million dollars loan for putting up solar rooftops in India Updated On Tue, Oct 4th, 2016 by Saurenergy The Asian Development Bank (ADB) is set to provide $500 million in financing for rooftop solar systems that will help the Indian government expand energy access using renewable energy. ADB will provide the financing to Punjab National Bank – one of India’s largest commercial banks – which will use the ADB funds to make loans […] Read more
