ReNew Power secures the highest subsidy allocation from SECI for rooftop solar projects Updated On Mon, Nov 28th, 2016 by Saurenergy ReNew Power Ventures Private Limited, India’s leading renewable energy development company, has emerged as the organization with the highest allocation under the mega tender of 500 megawatts of rooftop solar projects floated by Solar Energy Corporation of India Limited (SECI) – the designated implementing agency for this scheme, providing subsidy on roof top projects across […] Read more
The Investors Theorem: Your Rooftop PV Solar Project Updated On Mon, Nov 21st, 2016 by Saurenergy Over the past two decades, there have been many attempts to reform the electric utility market. The costly and complex operations of transporting energy have made utilities natural monopolies, while regulatory barriers and the high fixed costs of building and maintaining regional electrical grid infrastructure have also kept much competition at verge. Now with vigorous […] Read more
BUY or LEASE Your Solar panel system? Updated On Tue, Nov 15th, 2016 by Saurenergy Rooftop solar market in India is speculated to add new capacity of 700 MW in 2016 – 15% of total solar capacity addition this year. According to Bridge to India, the cumulative capacity crossed 1 GW by September and is growing at a sizzling 300% over last year. Ministry of Finance has reduced depreciation rate […] Read more
Hybrid Solar Wind Market size is expected to reach USD 1.47 billion by 2024 Updated On Mon, Nov 14th, 2016 by Saurenergy Global Market Insights, Inc. in its latest report has revealed that hybrid Solar Wind market size will reach USD 1.47 billion by 2024. The research firm notes that decreasing wind and solar component cost associated with increasing clean fuel energy demand will drive the global hybrid solar wind market size. The component manufacturing cost has […] Read more
Solar Parks in India: Scope, Status, Achievement, and Challenges Updated On Fri, Nov 4th, 2016 by Saurenergy India, with its large population and rapidly growing economy, needs access to clean, cheap and reliable sources of energy. The government with the Jawaharlal Nehru National Solar Mission has been promoting ecologically sustainable growth while addressing India’s energy security challenge. The Government of India’s ambitious plan to add 100 GW of solar capacity by 2022 […] Read more
MNRE scaling up budget for Grid connect rooftop and small solar power plant from Rs. 600 cr to Rs.5000 Cr Updated On Sat, Oct 29th, 2016 by Saurenergy MNRE is scaling up of budget for Grid Connected Rooftop and Small Solar Power Plants Programme from Rs. 600 crore during the 12th Five Year Plan to Rs.5000 crore for implementation over a period of five years upto 2019-20 under National Solar Mission (NSM) – 2nd amendment. All the organizations / institutions including those registered […] Read more
Rooftop Subsidy in India Updated On Mon, Oct 24th, 2016 by Saurenergy For the huge solar energy potential that remains untapped in India, a considerable amount constitutes of rooftops. With about 0.24bn households spread across the length and breadth of the country, there are enough roofs to generate 40 percent of the total solar generation target to be achieved by the government by 2022. A Solar PV […] Read more
Madhya Pradesh Government devises a scheme to provide solar panels at subsidized rate Updated On Mon, Oct 17th, 2016 by Saurenergy The state Government of Madhya Pradesh has planned out a scheme of subsidies to motivate the residents to install solar panels. Citizens, who will apply for solar panel producing 2kW solar energy, will be provided with a subsidy of Rs 45000. The actual cost of the panel is Rs. 1.5 lakh. Solar panels can save […] Read more
Despite subsidy and incentives, Chandigarh’s residents opting for rooftop solar seems unimpressive Updated On Sat, Oct 8th, 2016 by Saurenergy The rooftop solar PV capacity on government buildings seems to gain a good ground in Chandigarh, but it looks like residents opting for solar power is not very impressive, despite government offering 30 percent subsidy and other incentives. The official records of Chandigarh Renewal Energy, Science and Technology Promotion Society (CREST) states that a total […] Read more