Ministry of Power Raises RPO Trajectory for both Discoms and States Updated On Thu, Jul 28th, 2016 by Saurenergy Ministry of Power has raised the Renewable Purchase Obligations (RPO) trajectory for solar power in India. The Renewable Purchase Obligations makes it mandate for both Distribution Companies (Discoms) and states to purchase a certain percentage of their energy from renewable. Distribution Companies in India will now have to purchase 2.75% of their energy mix from […] Read more
Solar Power Tariffs expected to drop to as low as INR 3.50 a unit in 3 years Updated On Tue, Jul 26th, 2016 by Saurenergy Solar power tariffs in India, which fell below Rs. 5 per unit since last November, are once again expected to sink further as the industry doubles volumes every year and the cost of producing power continues to drop. A report published in the Mint mentions that that tariffs will fall to as low as 3.5 […] Read more
MNRE in process of finalizing the draft for National Lab Policy for Renewable Energy Updated On Mon, Jul 25th, 2016 by Saurenergy The Ministry of New and Renewable Energy (MNRE) is in the process of marking the final seal on a national lab policy to set norms for standardization, testing and certification of renewable energy related products in India, and also define the infrastructure required for the testing centres. Expected to be completed within a month’s time, […] Read more
India, US solar case: WTO Appellate Body to Deliver Verdict by September Updated On Mon, Jul 25th, 2016 by Saurenergy The World Trade Organization’s (WTO) appellate body is expected to deliver its verdict on an appeal by India in its solar mission dispute with the United States by September. The appellate body of WTO is a standing body that includes seven officials. It listens to the appeals from reports issued by panels in disputes involving […] Read more
Total installed solar power generation capacity touches 7,805 MW Updated On Sat, Jul 23rd, 2016 by Saurenergy New and Renewable Energy Minister Piyush Goyal in Parliament informed that installed solar power generation capacity in the country has touched 7,805 MW mark by June-end this year. Rajasthan topped the charts with grid connected solar power generation capacity of 1,294.60 MW, followed by Tamil Nadu and Chhattisgarh with 1,267.41 MW and 1,123.36 MW respectively. India has set an ambitious […] Read more
India’s Topmost Oil Firms to build Solar Farm with 1GW Capacity in Madhya Pradesh Updated On Sat, Jul 23rd, 2016 by Saurenergy Just yesterday we reported that PM Narendra Modi has invited India’s top fossil fuel ventures to contribute in solar, and how Indian Oil Corp. along with Oil India Ltd. have been working together to develop a 1-gigawatt solar farm in Madhya Pradesh. The senior officials of the state’s renewable energy agency told that Indian Oil […] Read more
Canadian firm Nova Scotia Power Development Limited procures 80 MW solar project in Nigeria Updated On Fri, Jul 22nd, 2016 by Saurenergy Earlier, it was Indian EPC Sterling and Wilson who bagged 250 MW Solar Project in Nigeria; now the Canadian energy company Nova Scotia Power Development Limited (NSPDL) has collaborated with CDIL, another Canadian renewable energy company with projects focused in Africa, to develop an 80MW ground-mount solar project in Nigeria. Nova Scotia Power Development Limited […] Read more
RE Industry gears up for Renewable Energy India 2016 Expo Updated On Fri, Jul 22nd, 2016 by Saurenergy UBM India is all set to host the 10th edition of its flagship event, Renewable Energy India Expo (REI) scheduled from 7th to 9th September 2016 at the India Expo Center, Greater Noida. India’s green economy community and participants from overseas will congregate at the REI Expo to discuss industry trends, challenges and market insights […] Read more
PM Narendra Modi invites India’s top fossil fuel ventures to contribute in solar Updated On Fri, Jul 22nd, 2016 by Saurenergy India’s topmost energy corporations are moving beyond their roots in fossil fuels to plough money into renewables, supporting the idea of Prime Minister Narendra Modi’s goal to expand the growth of alternatives to the most polluting forms of energy. According to the reports of state agency responsible for implementing energy policy, one of the prominent […] Read more
