Global Solar Energy Costs Drop, Offshore Wind Prices Stay High: Wood Mackenzie Updated On Tue, Oct 22nd, 2024 by Saurenergy Globally, the Levelised Cost of Electricity (LCOE) landscape made significant advances in renewable energy technologies, with wind and solar power leading the way. The levelized cost of electricity (LCOE) is used to evaluate the net present value of the cost of electricity over generated during the lifetime of the generating system from the energy technology. […] Read more
Hoymiles Microinverters Offer An Efficient Opportunity To Ride The Solar Boom In India Updated On Mon, Oct 21st, 2024 by Saurenergy India has emerged as one of the fastest-growing solar markets in the world. With government policies, technological advancements, and increasing demand, solar power is poised to become a mainstream energy source in India’s clean energy transition. Why is it the best time to go solar in India? The year 2024 represents a promising start for […] Read more
MNRE’s Plan To Boost Off-Grid Solar In Tribal Areas Gets Impetus Updated On Mon, Oct 21st, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has secured the sanction of the President for the implementation of its revised funding for the Solar Power Scheme (for tribal and PVTG Habitations/Villages) under PM JANMAN and Pradhan Mantri Janjatiya Unnat Gram Abhiyan (PM JUGA). This replaces the previous New Solar Power Scheme (for Particularly Vulnerable […] Read more
Oriana Power Secures 75 MW Solar Power Project At Maharashtra Updated On Mon, Oct 21st, 2024 by Saurenergy Uttar Pradesh-based Oriana Power secured an order to develop 75 MW solar power plant from Maharashtra State Electricity Distribution Company Limited (MSEDCL) at Maharashtra. MSEDCL seeks to implement feeder level solarisation under Component C of PM-KUSUM Scheme with land and transmission line. The company has made a steady progress in the renewable energy segment as […] Read more
MNRE Issues Quality Control Order for Solar Water Heaters Updated On Thu, Oct 17th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE), in an important order that was long awaited by the industry, has issued an official Quality Control Order for Solar Water Heaters. With this, India joins a select group of countries that mandate a standard for Solar Water Heaters. Called the Solar Thermal Systems, Devices and Components […] Read more
PM KUSUM: Tembo Global Secures Rs. 595 Cr Solar Project From MSEDCL Updated On Wed, Oct 16th, 2024 by Saurenergy Mumbai-based TEMBO, recently secured an order from Maharashtra State Electricity Distribution Co.Ltd, (MSEDCL) for solar photovoltaic power generating stations of 124 MW(AC). The company secured this project under Mukhyamantri Saur Krushi Vahini Yojana 2.0 for Rs. 595 crores. The scheme was launched for implementation of feeder level solarization under component C of PM-KUSUM Scheme. TEMBO […] Read more
The Rise of Solar Co-ops: Collective Action for Installation Initiatives Updated On Fri, Oct 11th, 2024 by Saurenergy By-Shreesh Chaturvedi India, now the world’s most populous country with 1.4 billion people, faces heightened energy demands due to its expanding population and robust economic growth. In response, the country has committed to reducing its carbon intensity by over 45% by 2030, achieving 50% of its total electric power capacity from renewable sources by 2030, […] Read more
PM Surya Ghar Adds Service Charges Under Rooftop Solar Updated On Thu, Oct 10th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) recently clarified the provision of a ‘Service Charge’ added under the Operational Guidelines for the PM Surya Ghar Muft Bijli Yojna. The MNRE included a service charge equivalent to 1% of the Central Financial Assistance (CFA) component for residential consumers, amounting to Rs. 657 crores. The MNRE […] Read more
India’s Solar Sector Buoyant On New Growth Trajectory Updated On Wed, Oct 9th, 2024 by Saurenergy FY24-25 is likely to be remembered as a milestone year for India’s solar sector. Not only is capacity addition this year expected to hit a new high, but the year is also likely to see the 25 GW mark breached for the first time, with almost 15 GW added in H1 itself. Significantly, the spike […] Read more
