3.9 Mn Off-Grid Solar Lighting Products Sold in 2nd Half of 2018: Report Updated On Thu, May 30th, 2019 by Saurenergy According to a new report, globally, 3.9 million off-grid solar lighting products were sold in the second half of 2018, an installed capacity of 32.39 MW. ‘The Global Off-Grid Solar Market Report’ a biannual report by GOGLA and the World Bank’s Lighting Global program was recently published for the second half (July-December) of 2018. The […] Read more
Tata Power’s Renewable Arm Gets LOA for 100MW Solar Project in Gujarat Updated On Thu, May 30th, 2019 by Saurenergy As per the deal, Tata Power will supply electricity to the state utility GUVNL under a 25 year Power Purchase Agreement (PPA). Adding another feather in its cap, Tata Power Renewable Energy Ltd (TPREL), a renewable arm of utility giant Tata Power, got a Letter of Award (LOA) to develop 100 MW project in Gujarat’s […] Read more
Power Finance Corp More Than Doubled Q4 Profits Updated On Thu, May 30th, 2019 by Saurenergy Power Finance Corp has reported in its Q4 2019 results that it has more than doubled its profits for the quarter over the same period last year. State-owned Power Finance Corp (PFC) has reported over a twofold rise in its standalone net profits to Rs 2,117.56 crore for the March 2019 quarter, mainly on the […] Read more
India Now the Lowest Cost Producer of Solar Power Updated On Thu, May 30th, 2019 by Saurenergy A new report by IRENA has revealed that India now holds the tag of the lowest cost producer of solar power in the world. The International Renewable Energy Agency’s (IRENA) latest report, ‘Renewable Power Generation Costs in 2018’ highlights the latest trends for each of the main renewable power technologies. And draws on the latest […] Read more
Cost of Renewable Power Dropped to a Record Low in 2018: Report Updated On Thu, May 30th, 2019 by Saurenergy The Renewable energy Sources like solar, onshore Wind costs will see a further slide next year consistently cheaper than any other fossil fuel source says the newest IRENA report. Boosting the business case for Renewables in the world, costs of renewable sources like onshore wind and solar photovoltaic (PV) technologies will in the next year […] Read more
WB Announces Energy Partnership to Support Energy Storage in Developing Countries Updated On Wed, May 29th, 2019 by Saurenergy The 10th Clean Energy Ministerial and 4th Mission Innovation Ministerial, being held at Vancouver, Canada, saw the announcement of a new international partnership by the World Bank. The Energy Storage Partnership (ESP) includes the World Bank Group and 29 organizations working together to help develop energy storage solutions tailored to the needs of developing countries. The […] Read more
Skilancer Solar Gets Venture Funding from Alfa Ventures Updated On Wed, May 29th, 2019 by Saurenergy The buzz in the solar sector has attracted yet another VC, with Alfa ventures investing in Skilancer Ventures, a startup focused on the sector The Noida-based Skilancer Solar did not discolose the funding amount it received from Alfa Ventures, a venture of entrepreneur and investor Dhianu Das . Skilancer was started in 2017 by IIT […] Read more
EESL Issues Tender For Solar Projects Worth 100 MW in 3 States Updated On Wed, May 29th, 2019 by Saurenergy The last date for bid submission is July 8, 2019 Energy Efficiency Services Limited (EESL), a joint venture of PSUs of Ministry of Power (Govt. of India) has issued a tender, seeking bids from eligible bidders for developing solar power systems worth a total of 100 MW at various locations in three states. The scope of […] Read more
SECI Signs PSA with HPPC For 400 MW Solar Power Updated On Wed, May 29th, 2019 by Saurenergy SECI has signed PSA with HPPC for the supply of 400 MW solar power. The Solar Energy Corporation of India (SECI) has announced that it has signed a Power Supply Agreement (PSA) with the Haryana Power Purchase Centre (HPPC) for the supply of 400 MW solar power. In January, HPPC signed another PSA with SECI […] Read more
