SECI to Launch Overseas Arm to Meet Demand for Solar Power Production Updated On Sat, May 27th, 2017 by Saurenergy SECI is looking forward to launch an overseas arm by the name SECI Videsh to meet the Solar Power Production demand from globally. In a bid to cater to the overseas demand for solar power, the Solar Energy Corporation of India (SECI) is mulling international foray along with International Solar Alliance (ISA). The renewable energy […] Read more
Solar Power Juggernaut Will Keep Rolling Despite Higher Taxes Under GST Updated On Sat, May 27th, 2017 by Saurenergy According to a list of 1,211 items released after the meeting of the GST Council, which comprises finance ministers of all the states of the Union, “Photosensitive semiconductor devices; including solar photovoltaic cells, whether or not assembled in modules or made up into panels”, will be charged at a rate of 18 Goods and Services […] Read more
Bengaluru International Airport Partners with Bosch India to Generate Solar Power for its Operations Updated On Fri, May 26th, 2017 by Saurenergy With solar power usage, Bengaluru International Airport is expected to help reduce CO2 emissions by 3625 tonnes per annum. Bosch Limited, a leading supplier of technology and services, has commissioned two solar power projects for the Bengaluru International Airport Limited (BIAL) the first project of 440kW has been installed in the car park area in […] Read more
Haryana govt to set up Rs.500 Crore renewable energy project at Jhajjar, China Light and Power offers to join hands Updated On Thu, May 25th, 2017 by Saurenergy A senior level team from China Light and Power met the CM of Haryana in Hong Kong on Wednesday morning. They discussed a proposal for setting up a renewable energy project at Jhajjar with an investment of Rs.500 Crore. While China Light and Power has offered to join hands with the Haryana government in setting […] Read more
India’s Energy Transformation from Fossil Fuel to Renewables is Gaining Rapid Momentum: Experts Updated On Thu, May 25th, 2017 by Saurenergy “Measures taken by the Indian government to improve energy efficiency coupled with ambitious renewable energy targets and the plummeting cost of solar has had an impact on existing as well as proposed coal fired power plants, rendering an increasing number as financially unviable,” India’s decision to cancel nearly 14 gigawatts of coal-fired power stations coupled […] Read more
Cabinet Approves Raising of Bonds of Rs. 2360 crores for Renewable Energy Updated On Thu, May 25th, 2017 by Saurenergy MNRE will raise the bonds through the Indian Renewable Energy Development Agency, and the funds will be used for approved programmes/schemes for solar park, green energy corridor, generation-based incentives and more. The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to Raising of Bonds of Rs. 2360 crores for […] Read more
Renewable Energy Employs 9.8 Million People Worldwide: IRENA Updated On Wed, May 24th, 2017 by Saurenergy “Falling costs and enabling policies have steadily driven up investment and employment in renewable energy worldwide since IRENA’s first annual assessment in 2012, when just over seven million people were working in the sector.” According to a new report from the International Renewable Energy Agency (IRENA) more than 9.8 million people were employed in the […] Read more
Tata Power’s Renewable Energy Capacity Crosses 2,000 MW Mark, Clean Energy Portfolio surpasses 3000 Mark Updated On Wed, May 24th, 2017 by Saurenergy “We are happy to announce that Tata Power has registered a strong growth in renewables, which is one of our key focus areas through our recent acquisition of solar assets. The renewable energy business made a healthy contribution to PAT this year and we continue to be the largest renewable player in the country,” Tata […] Read more
Power Ministry Proposes Compensation for Grid Curtailment, to Benefit Renewable Energy Sector Updated On Wed, May 24th, 2017 by Saurenergy “If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure a favourable operational environment for renewable energy projects. It will also be positive for wind and solar energy developers,” The government has proposed a compensation mechanism for existing renewable energy projects, which will protect the […] Read more
