MNRE Tweaks ‘storage’ in Wind-Solar Hybrid Policy Updated On Tue, Aug 14th, 2018 by Saurenergy The ministry has emphasized on the use of pumped hydro, compressed air and flywheel technology for the power storage purposes. Widening the scope of power storage in its Wind-Solar Hybrid Policy, MNRE has removed the word ‘battery’ from certain clauses in order to encourage use of other means of power storage devices. Further, the ministry […] Read more
India Far from 100GW Solar Power Target: CRISIL Updated On Mon, Aug 13th, 2018 by Saurenergy The agency also stated in the report that with best possibilities the country would be able to attain 78 to 80 GW of solar power by the end of 2022 up from the current installed capacity of 21.65 GW. Impacting the solar sentiments of India, ratings and research agency, Credit Rating Information Services of India (CRISIL) has asserted that India […] Read more
MNRE to Explore Possibility of China Joining Int’l Solar Alliance Updated On Fri, Aug 10th, 2018 by Saurenergy International Solar Alliance is a treaty-based organization meant to promote development of solar energy in countries between the Tropic of Cancer and Tropic of Capricorn. The government has asked Ministry of New and Renewable Energy (MNRE) to check with its Chinese counterpart for possibility of its China joining the International Solar Alliance. The move is aimed at […] Read more
MNRE to call Bids for 25GW Solar Power Project in Ladakh Region Updated On Thu, Aug 9th, 2018 by Saurenergy The project is a bigger part of the government’s key National Solar Mission under which it aims to establish 100 GW of solar power generation by 2022. Indian Government will anytime call for bids regarding a fresh 25,000 MW solar power project in Ladakh region of Jammu and Kashmir. Minister of State, MNRE, R K […] Read more
UN Commends India’s Solar Approach and Plastic Ban Updated On Tue, Aug 7th, 2018 by Saurenergy Major advances are being made to better safeguard natural environments across the world, but more action is needed if the planet’s long-term survival is to be ensured. United Nations’ environment chief has commended the intensity of India’s approach towards the use of solar energy for electricity production. UN Environment Programme (UNEP), Execiutive Director, Erik Solheim […] Read more
SECI Launches e-Tender for 150 MW Solar PV Plant for SCCL Updated On Tue, Aug 7th, 2018 by Saurenergy SCCL tender includes design, engineering, supply, construction, erection, testing, commissioning, and comprehensive operations and management. Expanding the solar power segment in Telangana, Solar Energy Corporation of India (SECI) has rolled out e-tender for 150 MW of solar PV power plant at different locations of Singareni Collieries Company (SCCL). The project in the tender includes design, […] Read more
NTPC Postpones 2 GW Solar Auction Citing Opposition to Safeguard Duty Updated On Tue, Aug 7th, 2018 by Saurenergy The NTPC put-off on the auction process was prompted by the concerns of bidders over the impact of safeguard duty on imports on their present financial frameworks. State-run National Thermal Power Corporation (NTPC) has postponed a 2000 MW solar tender for a week citing developers’ dissent over the 25 percent safeguard duty imposed on solar […] Read more
Dwarka Gets Delhi’s Largest Residential Rooftop Solar Plant Updated On Mon, Aug 6th, 2018 by Saurenergy The four societies which together house around 2000 residents and has 450 flats in Dwarka, will be the first ever project in on a large scale after IP Extension’s Milan Colony to have its own solar power plant. Delhi’s first large scale residential rooftop solar power plant has been sanctioned for four societies in Dwarka sub city. […] Read more
SolarEdge Q2 Net Income Jumps 53% YOY Updated On Fri, Aug 3rd, 2018 by Saurenergy SolarEdge reported record revenues of $227.1 million, up 8% from $209.9 million in the prior quarter and up 67% from $136.1 million year over year. SolarEdge Technologies, a global leader in smart energy, revealed net income at USD34.6 million, down 3 percent from USD35.7 million in the prior quarter and up 53 percent from USD22.5 million year […] Read more
