REC lends Financial Assistance to IIT Madras for 2MW rooftop solar panel on campus Updated On Sat, Jan 7th, 2017 by Saurenergy Rural Electrification Corp (REC) has provided funds of Rs 1450 lakhs under CSR activities to IIT Madras for rooftop solar panel installation. Rural Electrification Corp (REC) has extended a financial assistance of Rs 1450 lakhs under Corporate Social Responsibility (CSR) initiative to Indian Institute of Technology Madras (IIT Madras) for the project installation of 2MW […] Read more
Hero Future Energies Raises USD 125 Million from World Bank’s private investment arm to fund RE projects Updated On Thu, Jan 5th, 2017 by Saurenergy HFE signed an agreement with IFC for the investment, the proceeds of which will be used to fund the construction of wind and solar power plants Hero Future Energies (HFE) has raised US$ 125 million in equity infusion from International Finance Corporation (IFC), the World Bank’s private investment arm. HFE signed an agreement with IFC […] Read more
Global BIPV and BIOPV Market expected to reach USD 31.14 billion by 2024 Updated On Thu, Jan 5th, 2017 by Saurenergy Solar PV, BIPV and BIOPV Market Share will be reaching to SD 31.14 billion by 2024 The global Solar PV, BIPV and BIOPV market size is expected to reach USD 31.14 billion by 2024, according to a new report by Grand View Research. Rising adoption of solar energy generation by renewable sources without comprising on […] Read more
Telangana and Assam joins UDAY signing MoU with the Ministry of Power Updated On Wed, Jan 4th, 2017 by Saurenergy States with over 90% of Total DISCOM Debts covered under UDAY: Piyush Goyal Renewable Energy Minister, Piyush Goyal on Wednesday launched UDAY’ Web Portal and Mobile App at an event. During the event, the States of Telangana and Assam joined UDAY by signing Memorandums of Understanding (MOUs) with the Ministry of Power, for operational and financial turnaround of their […] Read more
Piyush Goyal launches Ujwal DISCOM Assurance Yojana (UDAY) Web Portal & Mobile App Updated On Wed, Jan 4th, 2017 by Saurenergy UDAY portal/app would track and monitor the progress of DISCOMs on operational and financial parameters under the UDAY scheme Union Minister of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal on Wednesday launched Ujwal DISCOM Assurance Yojana (UDAY) Web Portal & Mobile App. The UDAY portal/app would track and monitor the progress of DISCOMs on operational and […] Read more
MP Solar Policy Mandates consumers to install 10kW solar system to avail subsidy Updated On Wed, Jan 4th, 2017 by Saurenergy People looking for subsidy need to install minimum 10kW capacity solar system in Madhya Pradesh. For people entertaining thoughts of installing rooftop solar penal system, the State government would provide subsidy of 30 per cent only when the system is of at least 10kW or more. Western Region Power Distribution Company MD Aakash Tripathi made […] Read more
PID test for solar modules will be mandatory from 1st April, 2017: MNRE Updated On Tue, Jan 3rd, 2017 by Saurenergy During PID test of the module, it will be subjected to conditioning for 3 rounds at 85°C and 85 % RH for a period of 96 hours Ministry of New and Renewable Energy has released detailed report of the decisions taken at Quarterly review meeting of test labs empanelled under Solar off Grid Programme. […] Read more
MNRE is Organizing National Review Meeting for RE on 23rd and 24th January, 2017 Updated On Tue, Jan 3rd, 2017 by Saurenergy State Principal Secretaries/Secretaries dealing with Renewable Energy (RE) and the Heads of State Nodal Agencies (SNAs) for RE to review the implementation of various RE programmes and initiatives Ministry of New & Renewable Energy is organizing National Review Meeting on on 23rd and 24th January, 2017. The review meeting will be of State Principal Secretaries/Secretaries […] Read more
Solar Power to Become Economical than Coal by 2025 Updated On Tue, Jan 3rd, 2017 by Saurenergy As reported on Bloomberg, solar is expected to get cheaper than coal by 2025 According to the reports, the solar power has become quite cheaper than the coal in various parts of the world. In less than a decade, it’s likely to be the lowest-cost option almost everywhere. In 2016, countries from Chile to the […] Read more