PM Modi plans state aid package of Rs 210 billion rupee to boost India’s solar industry Updated On Tue, Oct 18th, 2016 by Saurenergy The Prime Minister of India, Narendra Modi’s is planning a 210 billion-rupee ($3.1 billion) package of state aid for India’s solar panel manufacturing industry, according to two officials. The so-called Prayas initiative, short for “Pradhan Mantri Yojana for Augmenting Solar Manufacturing,” a central-government plan designed to lift India’s installed photovoltaic capacity as well as to […] Read more
India’s solar modules and cells export worth $41 million was up 116 percent in April-July 2016 Updated On Sat, Oct 15th, 2016 by Saurenergy Global clean energy communications and research firm, Mercom Capital both exports and imports of solar modules and cells have increased dramatically year on year. The research firm in its latest report revealed that India exported solar modules and cells worth $41 million (Rs.2.74 billion) from April to July 2016, which was up 116 percent from […] Read more
Kerala targets to add 600 MW of solar in next three years Updated On Sat, Oct 15th, 2016 by Saurenergy In an attempt to meet rising energy demand of the state, Kerala aims to get a huge boost as it plans to install another 600 MW of new solar over the next three years. As Kerala looks to satisfy its renewable purchase obligations, the decision to install 600 MW solar plants is a welcome for […] Read more
Visakhapatnam Port Trust planning another 5MW solar plant Updated On Fri, Oct 14th, 2016 by Saurenergy Visakhapatnam Port Trust is planning to set up a new 5 MW solar power plant as part of its efforts to conserve energy in addition to its existing 10 MW solar project which is under construction. The construction at VPT’s 5 MW solar project is expected to begin in the new fiscal year. VPT chairman […] Read more
International Solar Alliance to get ratified at forthcoming COP22 Updated On Fri, Oct 14th, 2016 by Saurenergy The International Solar Alliance (ISA) announced at the climate conference in Paris (COP21), will be ratified at the forthcoming COP22 in Marrakech in November. The ISA ‘s objective is to bring together solar rich countries on a common platform to make joint efforts through innovative policies, projects, programmes, capacity building measures and financial instruments to […] Read more
Thrissur Corporation’s 200kW solar plant to be operative by October 15 Updated On Wed, Oct 12th, 2016 by Saurenergy Thrissur Corporation will be inaugurating its 200kW solar plant on October 15, and is expected to start working on similar projects to meet the increasing demand of electricity through renewable sources in different parts of the state. The newly installed solar plant b Thrissur Corporation at Jaihind Market has a capacity to generate 200 kilowatt […] Read more
Total corporate funding in the solar sector in Q3 2016 was $3 billion: Mercom Capital Group Updated On Wed, Oct 12th, 2016 by Saurenergy Mercom Capital Group has released a report on funding and merger and acquisition (M&A) activity for the solar sector in the third quarter of 2016. According to the global clean energy communications and consulting firm total corporate funding, including venture capital and private equity (VC) funding, public market and debt financing into the solar sector in Q3 2016 was up […] Read more
NTPC issues tender for 3.5MW wind and solar hybrid project Updated On Wed, Oct 12th, 2016 by Saurenergy NTPC is floating tender for a 3.5MW wind and solar hybrid project at its Kudgi Super Thermal Power Project in Karnataka. The Scope of Supply & Work includes all design & engineering, procurement & supply of equipment and materials, testing at manufacturers works, inspection, packing and forwarding, supply, receipt, unloading and storage at site, preparation […] Read more
NLC India gives up on plans to set up project plans in Rajasthan Updated On Mon, Oct 10th, 2016 by Saurenergy NLC India Ltd. has cast aside its plans to set up solar projects in Rajasthan as the state’s power distribution companies have turn down to purchase the power generated at the rate NLC had estimated. NLC, earlier called Neyveli Lignite Corporation, had in January invited global tenders to set up four blocks of solar projects […] Read more
