ADFD & IRENA Started Accepting Applications For Funding Opportunities For Renewable Energy Projects Updated On Thu, Nov 16th, 2017 by Saurenergy The Facility allocated US$189 million to 19 renewable energy ventures across the globe, covering up to 50 per cent of the project costs. The International Renewable Energy Agency (IRENA), in partnership with the Abu Dhabi Fund for Development (ADFD), is inviting applications for renewable energy projects in developing countries. Within the framework of the ADFD-funded […] Read more
Espy of Solar Sector 2017 Updated On Thu, Nov 16th, 2017 by Saurenergy The substratum of achieving massive solar power goals is developing a new cult for India. Not just the arid but the meadows are equally sharing rich and low vegetative lands to meet the power demand of this growing economy. It’s well said that when you change the controversy, challenge seem to be a submerged destiny. […] Read more
OERC Introduces Net Metering System in Rooftop Solar Power Project Updated On Thu, Nov 16th, 2017 by Saurenergy Net metering allows consumers to power their homes with solar energy, and they will only have to pay for the units of electricity they have taken from the grid. The Odisha Electricity Regulatory Commission (OERC), which has launched a grid-connected rooftop solar programme in August this year, has now introduced net metering system in the […] Read more
Solar Industries India Net Profit Rises 23.31 Percent in the September 2017 Quarter Updated On Thu, Nov 16th, 2017 by Saurenergy The Company reported net sales of Rs. 408.40 crore compared to Rs. 313.36 cr for the period ended September 30, 2016. Net profit of Solar Industries India has reported a 24 percent increase for the September quarter. The company has posted a net profit of Rs. 45.74 crore for the period ended September 30, 2017 […] Read more
1 Billion USD Guarantee Can Lead to 15 Billion US Dollars Investment for Solar Energy Updated On Wed, Nov 15th, 2017 by Saurenergy CRMM could help build over 1 terrawatt (TW), or 1000 GW, of solar power generation capacity in low and middle-income countries by 2030. According to a study by Common Risk Mitigation Mechanism, a USD 1 billion guarantee could crowd in up to USD 15 billion of investments for 20GW of solar PV capacity in more […] Read more
Progress in Solar Energy Sector Helped India Cut Greenhouse Gas Emissions in 2017: Report Updated On Wed, Nov 15th, 2017 by Saurenergy India’s emissions are projected to grow by 2 percent in 2017, less than the average increase of 6 per cent over the last decade. In a significant development, India’s greenhouse gas emissions in 2017 was significantly lower than the average in the last decade because of the rapid progress made in installation of solar energy, […] Read more
US Based Solar Farm Developer Announces 1.26GWac of Mega Solar Project Portfolios for Sale Updated On Mon, Nov 13th, 2017 by Saurenergy The 1.26GWac portfolio consists of two individual solar power projects located in the eight states in United States. Innovative Solar Systems, a U.S.-based utility-scale solar farm developer, has announced that the company is offering its two large portfolios of Solar Farms for sale which afford buyers a projected 13% IRR. The project portfolio of high […] Read more
Tender for a 200MW Solar Plant are Now Open by Karnataka Renewable Energy Development Limited (KREDL) Updated On Mon, Nov 13th, 2017 by Saurenergy The company winning the tender will also provide operation and maintenance (O&M) services for a period of 10-years. The Karnataka Renewable Energy Development Limited (KREDL) has started inviting tenders for a 200 MW of solar plant to be developed at Karnataka’s Pavagada Solar Park. The agency responsible for implementing renewable energy will accept the bids […] Read more
Mumbai’s Pharmacy College Gets 70 Percent of Electricity from 453 Solar Panels Updated On Mon, Nov 13th, 2017 by Saurenergy The rooftop solar panel system generates about 15,399 units of electricity per month and saves Rs 1.6 lakh every month of electricity bills. Mumbai’s pioneering institution Bombay College of Pharmacy in Kalina generates its 70 percent of electricity from 453 solar panels. The 140 kilowatt solar power system (kWp) allows the college to save around […] Read more
