Sales of Renewable Energy Certificates (RECs) Dropped To 30 Per Cent in February Updated On Thu, Feb 23rd, 2017 by Saurenergy Power distribution companies as well as open access and captive consumers are under obligation to buy RECs from renewable energy producers under renewable purchase obligations (RPOs) as mandated by central and state regulatory commissions. Sales of renewable energy certificates (RECs) dropped 30 per cent to 10.93 lakh this month against 15.68 lakh in January this […] Read more
IDFC Bank Lends Rs 675 Crore for Rajasthan Solar Power Project Updated On Thu, Feb 23rd, 2017 by Saurenergy IDFC Bank will be sanctioning Rs 675 crore for a solar power project in Rajasthan owned by French company Solairedirect. IDFC Bank is creating a renewable energy niche in loans, sanctioning Rs 675 crore to a Rajasthan-based solar power project owned by French company Solairedirect. The deal could be an early sign of a revival […] Read more
VIZ-A-VIZ ANDREW HINES, Business Development Head – South India, CleanMax Solar Updated On Thu, Feb 23rd, 2017 by Saurenergy Rooftop projects are taking the ramp and opening new avenues for solar rooftop players. This sector is no more in silos with players like CleanMax Solar are popping new stratagem to spur this segment. Notching recent accolades from MNRE and other prime consultancies, CleanMax have perennially catered to affluent MNCs and corporates. The recent 30MW […] Read more
Cabinet approves enhancement of solar power capacity from 20,000 MW to 40,000 MW Updated On Thu, Feb 23rd, 2017 by Saurenergy The State Government will first nominate the Solar Power Park Developer (SPPD) and also identify the land for the proposed solar park. It will then send a proposal to MNRE for approval along with the name of the SPPD. The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, Narendra Modi has approved the […] Read more
Thalakulathur Solar Power Plant to Be Commissioned In March This Year Updated On Sat, Feb 18th, 2017 by Saurenergy “A total of 2630 solar panels were installed on the solar power project site. The plant, now constructed with a 650-kilowatt capacity, will supply power through Koduvally and West Hill sub stations.” The solar power plant at Thalakulathur constructed by KSEB will be commissioned in the second week of March and trial run of the […] Read more
In a vivid viz-a-viz with Guru Inder Mohan Singh, Director & COO, Amplus Solar Updated On Fri, Feb 17th, 2017 by Saurenergy “the industry reactions have varied from congratulatory messages to critiques analyzing the basis and impact of the INR 3 per unit tariff. We find these motivating and helpful in understanding the market“. Q. Recent bid of Rs 3 per unit to three states,has not gone down well with the industry. Please tell us how you […] Read more
Vikram Solar bags ‘Fastest Growing Company’ and ‘Highest Job Creator’ awards Updated On Thu, Feb 16th, 2017 by Saurenergy Vikram Solar nailed it once again this year by winning the coveted trophy for the Fastest Growing Company. Further, the expansive employment opportunities generated by the company owing to its growing business presence, was awarded with the Highest Job Creator Vikram Solar bagged ‘Fastest Growing Company’ award for the second time in a row, along […] Read more
ADE Developing A Solar-Powered Unmanned Aerial Vehicle (UAV): Report Updated On Thu, Feb 16th, 2017 by Saurenergy The ADE developed solar powered Unmanned Aerial Vehicle (UAV) is expected to be a real boon to the Indian defence. Scientists at the Aeronautical Development Establishment (ADE) are reportedly developing a solar-powered Unmanned Aerial Vehicle (UAV). According to Deccan Chronicle the solar powered UAV can fly on all-weather conditions for at least a month. Scientist […] Read more
Gujarat HC Seeks Reply to PIL Alleging Corruption in Solar Power Project Updated On Thu, Feb 16th, 2017 by Saurenergy Chief Justice R Subhash Reddy and Justice V M Pancholi have directed Gujarat Power Corporation to file a reply to a PIL alleging corruption of solar power project. The Gujarat High Court has directed Gujarat Power Corporation to file within two weeks a reply to a PIL alleging corruption in construction of country’s largest solar […] Read more
