India Committed to 175 GW Clean Energy Target: MNRE Updated On Sat, Nov 18th, 2017 by Saurenergy India is committed to its renewable energy target of having 175 GW capacity by 2022 to provide equitable sustainable development Ministry of New and Renewable Energy (MNRE), Government of India, in partnership with the Confederation of Indian Industry (CII), organized a panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by […] Read more
Solar Power a Clear Leader, IEA Report Finds Updated On Fri, Nov 17th, 2017 by Saurenergy For the first time ever, there were more grid additions from solar power than another other type of fuel, the International Energy Agency said. IEA Executive Director Fatih Birol said that, by 2022, renewables in general will equal about half the global capacity for coal power and its solar energy in particular that’s leading the […] Read more
India Plans Rent a Roof Policy to Boost Solar Power Generation Updated On Thu, Nov 16th, 2017 by Saurenergy Under this policy developer will take rooftops on rent and will offer lease to each household, and then feed the power to the grid, says MNRE secretary. To achieve the ambitious target of adding 100GW of solar energy by 2022, the Government is planningon a “rent a roof” policy, said Anand Kumar, secretary in the […] 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
Solar Energy Insurance for Utility Scale Projects Updated On Mon, Nov 13th, 2017 by Saurenergy With each step towards achieving 100GW solar power goal by 2022, the momentous development of solar insurance and reinsurance market in India could not come at a better time. When it comes to new and innovative financing models, growing number of large-scale solar PV power plants and reduction in the feed-in tariff has spurred the […] Read more
Jabalpur’s Rickshaw Owners will Pay 30% Less Solar Electric Charging Updated On Fri, Nov 10th, 2017 by Saurenergy Jabalpur currently has 5,000 petrol/ diesel rickshaws which emit 46 tonnes of carbon dioxide per day. ABB India today said it has installed solar electric charging stations making the cost 30 percent cheaper than grid-connected power to cater to 400 e-rickshaws at Jabalpur. “ABB India is providing critical technology through its solar inverters for solar-powered […] Read more
Global Solar Panel Market Will Reach USD 57.5 Billion by 2022: Zion Market Research Updated On Fri, Nov 10th, 2017 by Saurenergy Zion Market Research has published a new report titled “Solar Panel Market (Monocrystalline, Poly-crystalline, and Thin-film Solar Panel) for Residential, Commercial and Utility Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022”. According to the report, the global Solar Panel Market accounted for USD 30.8 billion in 2016 and is expected to reach […] Read more
India to Invite Bids for World’s Largest Solar Tender of 20GW Capacity Updated On Fri, Nov 10th, 2017 by Saurenergy The MNRE plans to award the contracts to developers who will quote the lowest price at which they will sell electricity in the auction process for the grid-linked capacity. In order to boost the manufacturing of solar power equipments at domestic stage, India is planning to invite the bids for the world’s largest solar tender […] Read more