Solar Power to provide Nagpur Metro’s Energy Needs at Less Than Rs4.50 a Unit Updated On Fri, Nov 24th, 2017 by Saurenergy Mahametro plans to meet 65 percent of its energy needs through solar power and the total installed capacity required is 14 MW. In a significant development, Nagpur Metro has planned to go in for captive solar power generation and will get it at Rs 4.50 a unit. It will use costly conventional power in evening. […] Read more
Andhra Pradesh to Purchase Electricity from Kadapa Solar Power Park Updated On Thu, Nov 23rd, 2017 by Saurenergy A total of about 460MW of solar power projects have been sanctioned to Engie in India. Andhra Pradesh after withdrawing its stand against a major state utility guideline will now purchase electricity from Kadapa Solar Power Park. The agreement will allow the state to buy electricity at a lower cost as compared to the proposed […] Read more
India Adds 2.2 GW Solar Capacity in Q3, Faces Slowing Activity – Mercom Updated On Thu, Nov 23rd, 2017 by Saurenergy Newly-installed solar parks in India will stand at 9.5 GW and 10 GW, as compared to its previous forecast for about 10 GW. India has added 2,247 MW to the electricity grid in the third quarter of 2017 but activity there is seen to slow down and lead to weaker-than-expected fourth quarter, according to a […] Read more
Solar Lights Distributed To 350 Homes of J&K’s Kargil by Schneider Electric India Updated On Wed, Nov 22nd, 2017 by Saurenergy The children and the residents of area will be the major beneficiary of the program. Solar lights to as many as 350 homes has been provided by the Schneider electric India along with non-government organizations in Jammu and Kashmir’s Kargil under the umbrella of their social corporate social responsibility project under the aegis of Schneider […] Read more
Indian renewable energy companies among lowest rated: Report Updated On Wed, Nov 22nd, 2017 by Saurenergy India’s renewable energy companies has poor score on investments in Asia-Pacific region says Fitch According to a report released by ratings agency Fitch, India’s renewable energy companies are among the most poorly rated investment grade companies in the Asia-Pacific region. “Most of the issuers are owned by their respective sovereigns due to the strategic importance […] Read more
India-World Bank Ink $100 Million Loan Agreement For Clean Energy Updated On Tue, Nov 21st, 2017 by Saurenergy The solar parks will be mostly under the Ministry of New and Renewable Energy’s (MNRE) Solar Park Scheme. In a significant development, India and the World Bank have signed a $100 million loan and a grant agreement to help the country increase power generation capacity through cleaner, renewable energy sources. In a statement the World […] Read more
Climate Talks: India Scores Diplomatic Victory As China Announces Plan to Join International Solar Alliance Updated On Mon, Nov 20th, 2017 by Saurenergy China’s decision to join the global solar alliance of 121 solar resource rich countries is seen as India’s significant victory as the former has become the most dominant player of renewable energy. In a significant development, China has announced its intention to join the India-led International Solar Alliance (ISA) at the UN-sponsored climate change conference […] Read more
Agra Railway Station to Generate Electricity Using Solar Power Updated On Sat, Nov 18th, 2017 by Saurenergy Agra Railway Station division is likely to save Rs 5 lakh and 60,000 kilovolt electricity annually with this initiative. In the railway ministry’s continuing bid to go solar, the railway division here is installing a 375 kW solar power plant consisting of 1,191 rooftop panels at the Agra cantonment railway station. After Allahabad and Kanpur […] Read more
India Committed to 175 GW Clean Energy Target: MNRE Updated On Sat, Nov 18th, 2017 by Saurenergy India is committed to its renewable energy target of having 175 GW capacity by 2022 to provide equitable sustainable development Ministry of New and Renewable Energy (MNRE), Government of India, in partnership with the Confederation of Indian Industry (CII), organized a panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by […] Read more