Vareyn Solar Announces Foray Into Residential Solar Sector Updated On Mon, Feb 19th, 2024 by Saurenergy Turn-key solar EPC company Vareyn Solar Pvt. Ltd. has announced its foray into the residential sector in the solar power industry. This comes after the announcement of PM Suryodaya Yojana which was launched by the Centre on January 22, 2024. This scheme aims to install rooftop solar panels on the houses of middle and poor-class […] Read more
Gujarat Receives Maximum CFA Under Rooftop Solar Program: Govt Updated On Fri, Feb 16th, 2024 by Saurenergy Union Minister for New and Renewable Energy RK Singh recently shared data on projects implemented under the rooftop solar programme in India. As per the shared data, Gujarat installed the maximum cumulative capacity (with or without CFA) with 3,264.93 MW, followed by Maharashtra with 1,905.80 MW and Rajasthan with 1,074.39 MW. The minister gave state-wise […] Read more
Selling Solar To India: The 5 Challenges To Overcome Updated On Thu, Feb 15th, 2024 by Saurenergy The solar industry in India is at the cusp of transformation and the statistics show this. The installed solar energy capacity in the country has increased by 30 times in the last 9 years. As of December 2023, it stands at 73.31 GW, making it one of the most viable renewable energy sources to tap. […] Read more
UPPCIL Invite Bids For 2 GW ISTS & Infra-State Solar Projects Updated On Wed, Feb 14th, 2024 by Saurenergy Uttar Pradesh Power Corporation Limited (UPPCIL) has invited bids for procurement of solar power on a long-term basis through a tariff-based competitive bidding process (TBCB). The tender by UPPCIL in this regard read, “On behalf of the distribution licensee of Uttar Pradesh (UP) invited proposal for the procurement of 2 GW solar power from inter-state (IST) and infra state connected […] Read more
PM Surya Ghar: Modi Announces Details For Rooftop Solar Scheme Updated On Tue, Feb 13th, 2024 by Saurenergy Prime Minister Narendra Modi today revealed details of the proposed residential rooftop solar scheme in India. This comes after Modi on January 22 announced a new scheme of extending rooftop solar to one crore households. On the other hand, Union Finance Minister Nirmal Sitharaman in her interim budget had said that the new scheme would […] Read more
COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip Updated On Tue, Feb 13th, 2024 by Saurenergy Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar. Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […] Read more
Singapore, UK, Mauritius, UAE Biggest Solar Investors In India: R.K Singh Updated On Mon, Feb 12th, 2024 by Saurenergy The union minister of new and renewable energy, R.K Singh shared details of the solar investment received within the by India in the last three years i.e., from 2020 – September 2023. He stated, “Indian solar sector has received 3860.158 million investments through foreign direct investment (FDI) within the country till 30th September 2023.” India […] Read more
Hartek Power To Develop 75MW Solar Plant In Bihar’s Jamui Updated On Mon, Feb 12th, 2024 by Saurenergy Engineering, procurement, and construction company, Hartek Power Private Limited, the Power Systems and T&D Business unit of Hartek Group, has won an order from SJVN Green Energy Limited pertaining to the development, implementation, and maintenance of a 75 MW (AC) grid-connected solar PV power plant, along with a 132 kV Sub-Station, in Jamui, Bihar. According […] Read more
IFC, SIMA Invest $150 mn In Green Bonds For Solar Projects In Africa Updated On Thu, Feb 8th, 2024 by Saurenergy International Financial Corporation (IFC), a member of the World Bank Group (WBG), in partnership with Social Investment Managers and Advisors LLC (SIMA Funds or SIMA) and other financiers, has reached the first close of a $150 million solar green bond, which expected to finance productive-use solar projects throughout Africa. The bond is expected to finance […] Read more
