Indian, Korean CEOs Discuss Ways to Strengthen Energy Cooperation Updated On Wed, Jul 11th, 2018 by Saurenergy The CEOs announced the formation of 6 working groups in sectors like Auto, Infrastructure, Services, Electronics (including renewable and allied sector) & IT and Startups and Innovation Ecosystem (including MSMEs & SMEs) and Defense Manufacturing. The 2nd India-Korea CEOs Forum meeting was held in New Delhi with leading CEOs from both the nations developing an ambitious agenda […] Read more
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
Investment in Solar Power Projects Likely to Fall in 2018 Updated On Tue, Jul 10th, 2018 by Saurenergy The mixed picture for global clean energy investment in 2018 is emerging, and at the same time, the commitment to wind and energy-smart technologies such as EV and batteries are running above last year’s levels. In the first half of 2018, the global net investment in solar power projects fell 19 percent from $71.6 billion […] Read more
Goa to Include Solar-Powered Boats on Panaji-Aldone Route Updated On Mon, Jul 9th, 2018 by Saurenergy The decision to introduce a solar ferry boat has gained momentum and the government has principally approved for it on a budget of Rs 6 crore for this financial year. In order to include eco-friendly technology of solar-powered ferry launch service in the state, the Goa river navigation department (RND) is paving way to operate […] Read more
Renewables Supply 75% of Electricity in India by 2050: BNEF Report Updated On Sat, Jul 7th, 2018 by Saurenergy “By 2050, renewables supply 87 percent of electricity in Europe, 55 percent in the US, 62 percent in China and 75 percent in India.” The Bloomberg New Energy Finance (BNEF) in its latest New Energy Outlook 2018 (NEO) has forecasted that the renewable energy supply will account of 75 percent of electricity in India by […] Read more
Manufacturing to Become a Key Element for Solar Power Projects, says Govt. Updated On Fri, Jul 6th, 2018 by Saurenergy So the bigger bids will be focused on manufacturing, while smaller bids will take care of smaller developers. If there is one big bid and one player takes it all, that will be unfair. As the country aims to add close to 500 GW of renewable energy capacity by 2030, the government plans to make […] Read more
Longi Solar’s Export to India Reaches an Apex in January-May 2018 Updated On Fri, Jul 6th, 2018 by Saurenergy LONGi Solar has supplied monocrystalline modules to a number of 100MW-level PV power stations in India. According to the media reports, a senior Indian official revealed that “India will auction 40 GW of renewable energy projects comprising 30 GW solar and 10 GW wind per year for the next 10 years till 2028.” In recent […] Read more
MNRE Extends Timeline for Implementing 40 GW ‘Solar Parks and Ultra Mega Solar Power Projects’ Scheme to 2021-22 Updated On Thu, Jul 5th, 2018 by Saurenergy The timelines of the scheme is extended from 2019-20 to 2021-22 without any additional financial implication. The Ministry of New and Renewable Energy (MNRE) has extended the timeline for the implementation of 40 GW scheme for developing solar parks and ultra mega solar power projects from 2019-20 to 2021-22. The MNRE said in a statement […] Read more
Subsidies in Power Sector Should be Routed via DBT: RK Singh Updated On Wed, Jul 4th, 2018 by Saurenergy The Power Minister said, center is ready to provide more funds if needed for infrastructure creation and the states meeting their targets speedily will be incentivized. The Power and New & Renewable Energy Minister R. K. Singh said that subsidies in power sector should be routed through Direct Benefit Transfer (DBT). While addressing the Conference of […] Read more
