India moved up to the second spot from third position in renewable energy attractiveness index Updated On Tue, May 16th, 2017 by Saurenergy India continued its upward trend in the index to second position with the government’s programme to build 175 GW in renewable energy generation by 2022 and to have renewable energy account for 40 per cent of installed capacity by 2040. India has moved up to the second spot from third position in this year’s ‘Renewable […] Read more
Foxconn and SoftBank to Bring World’s Cheapest Solar Power in India Updated On Sat, May 13th, 2017 by Saurenergy SBG Cleantech Ltd., the clean-energy joint venture between Japan’s SoftBank Group Corp., India’s Bharti Enterprises Pvt. and Taiwan’s Foxconn Technology Group quoted 2.45 rupees to scoop up the 300 MW solar power project. Companies led by SoftBank Group Corp. of Japan and Taiwan’s Foxconn Technology Co. Ltd. are bringing India some of the cheapest solar […] Read more
Ripple effect of India’s energy shift visible globally Updated On Fri, May 12th, 2017 by Saurenergy The Indian government’s striking policy shift towards renewable energy sources — away from more expensive and polluting fossil fuels — is a strong global endorsement of the country’s leadership,” Tim Buckley, Director at the Cleaveland-based Institute for Energy Economics and Financial Analysis (IEEFA) said India’s solar tariffs have fallen 40 per cent in just 16 […] Read more
Government will soon issue quality order on purchase of solar modules by power companies: Piyush Goyal Updated On Fri, May 12th, 2017 by Saurenergy Will give six to nine month time to solar module and cell manufacturers to improve their manufacturing before coming up with a similar quality order Power, coal, renewable energy and mines minister Piyush Goyal recently said that the government will soon issue a quality order on purchase of solar modules by power companies. The minister […] Read more
Renewable energy in key markets will see global power investment reach $443.5 billion in 2017: Frost & Sullivan Updated On Thu, May 11th, 2017 by Saurenergy Frost & Sullivan notes that solar photovoltaic (PV) will be the fastest growing segment, followed by wind power, accounting for 37.5 percent and 21 percent of global investment, respectively, by 2020. Continued regulatory support for renewable energy in key markets will see global power investment reach $443.5 billion in 2017 said Frost & Sullivan in its report. […] Read more
Bhadla Solar Power Project Tariff Hits New Low of Rs 2.62 a Unit Updated On Wed, May 10th, 2017 by Saurenergy Phelan Energy Group and Avaada Power Private Limited have bagged 100 MW and 50 MW solar power project respectively at Rs 2.62 per unit, and SBG Cleantech managed to obtain 100 MW at Rs 2.63 a unit for Bhadla Phase IV 250 MW solar project. Following the trend of falling solar tariffs in India, the […] Read more
Mumbai’s Housing Society installs Solar Power Panels, expected to Save Rs 5 lakh a Year Updated On Mon, May 8th, 2017 by Saurenergy The Grace Co-operative Housing Society located at Mulund West in Mumbai has switched to solar power system and will be saving an approx. amount of Rs 5 lakh a Year apart from reducing almost 30 tonnes of CO2 emissions in one year. Grace Co-operative Housing Society, Vasant Oscar, Mulund (West) has switched to solar and […] Read more
CREDA to Construct 500 MW Solar Power Park in Chhattisgarh Updated On Thu, May 4th, 2017 by Saurenergy The first phase of Solar Power Park will be set up in Rajnandgaon with an installed capacity of 250 MW. The Chhattisgarh Renewable Energy Development Agency (CREDA) will be setting up 500 MW capacity solar power parks in the State. The first phase of the project – a 250 MW capacity solar power plant – […] Read more
Solar Power and Biometric Based ATM Being Developed for Rural India Updated On Thu, May 4th, 2017 by Saurenergy Science and Technology Ministry has discussed the launch of two pilot prototypes of Solar Power and Biometric Based ATM in a rural bank. As reported in IANS, Union Science and Technology Minister Harsh Vardhan told that a Solar Power and Biometric Based ATM have been developed by Indian scientists for rural areas. He further mentioned […] Read more