Global Solar Investment to be Higher than Coal, Gas and Nuclear Combined in 2017: Frost & Sullivan Updated On Fri, Sep 1st, 2017 by Saurenergy Frost & Sullivan forecasts the global solar investment to be higher than coal, gas and nuclear combined in 2017. With prices for both solar and wind continuing to decline, renewable investment keeps booming at the expense of traditional power generation. Lower project costs and continued regulatory support for renewable energy in key markets will see […] Read more
Rural Electrification & Solar Updated On Wed, Aug 16th, 2017 by Saurenergy India is blessed with huge amount of natural resources. It observes around 300 sunny days a year on an average highlighting a huge potential of solar energy in India. Solar energy could play an important role in alleviating energy poverty. India receives solar radiation of 5 to 7 kWh/m2 for 300 to 330 days in […] Read more
Solar Power Expected to Exceed Thermal Output by 2027 Updated On Sat, Aug 12th, 2017 by Saurenergy Economic Survey suggests that India’s installed power capacity is 327 GW of which thermal power from coal comprises 192.16 GW or 55% of the total, while renewable energy capacity is 57.26 MW or 18% of the total. India’s renewable energy programme is proceeding at such a rapid pace that its contribution to total power generation […] Read more
Rays Power Infra commissions 5 MW Solar PV Project for Aryavaan Renewable Energy Updated On Tue, Aug 1st, 2017 by Saurenergy The solar PV project that spreads over an area of 25 acres was executed by Rays Power on turnkey basis right from the land acquisition till the commissioning Rays Power Infra has announced that it has successfully completed a 5 MW solar PV project for Aryavaan Renewable Energy Private Ltd. The project execution work was […] Read more
IDFC Alternatives to Acquire First Solar’s India portfolio for Rs 1950 Crore Updated On Mon, Jul 31st, 2017 by Saurenergy IDFC infrastructure will acquire entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India for around $300 million. The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects […] Read more
Government Extends Projects deadline Granting Major Relief to the Solar Power Developers Updated On Mon, Jul 31st, 2017 by Saurenergy Developers had raised an alarm over a letter from the Ministry of New and Renewable Energy (MNRE) this month directing all states to strictly enforce deadlines for solar projects, eschewing extensions. The government has granted major relief to solar power developers, allowing deadlines for project development to be extended in cases where there were delays […] Read more
Plug and Play Partners with Siemens to Launch New Energy & Sustainability Innovation Platform Updated On Sat, Jul 29th, 2017 by Saurenergy The collaboration with Plug and Play as a member in the new energy program is a key initiative for Siemens to develop the relationship with leading startup companies in the energy and adjacent markets. Siemens is participating in the newly founded Plug and Play Energy & Sustainability Program, which focuses on new technologies that can […] Read more
India Aspiring For Global Leadership in Climate Action: Anand Mahindra Updated On Fri, Jul 28th, 2017 by Saurenergy Heavy investment in solar and wind has helped drive down costs of electricity to a point where, in many places, renewable sources can generate electricity more cheaply than conventional sources such as coal. India is aspiring for a global leadership in climate action and has set an “ambitious” goal of receiving 40 per cent of […] Read more
Solar Power to Get Cheaper than Electricity Grid for Residential Sector in Next Two Years Updated On Tue, Jul 25th, 2017 by Saurenergy solar energy in India has already reached ‘grid parity’ in commercial, industrial and utility sectors, and soon solar power would be achieved in residential sector as well. In the next two years, solar power will be cheaper than the electricity grid in the residential sector, says solar energy provider SunSource Energy which has successfully implemented […] Read more