Renewable Energy Policy FiT Analysis: Installed Capacity and Targets to 2020 Updated On Fri, Nov 18th, 2016 by Saurenergy Countries worldwide are planning to promote renewable energy in one way or the other in order to reduce dependency on fossil fuels. Hence, mandatory renewable energy targets are being laid down by the governments to ensure that the power producers produce certain proportions of the total electricity generation from renewable energy sources. For instance, the […] Read more
Lightsource plans to invest Rs 6500 crores in India Updated On Mon, Nov 14th, 2016 by Saurenergy UK-based Lightsource Renewable Energy will invest Rs 6500 crores over the next 2-3 years to set up 1000 MW solar energy projects in India. “The company is looking at developing 1000 MW of solar power projects entailing an investment of Rs 6,500 crore over the next 2-3 years,” Lightsource Renewable Energy Ltd Managing Director and […] 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
Vibrant Gujarat Global Summit 2017 road show held in China Updated On Tue, Oct 18th, 2016 by Saurenergy The government of Gujarat which is a favorite destination for Chinese investors, held a road show here inviting them to take part in the ‘Vibrant Gujarat Global Summit’ to be held early next year. A delegation of Gujarat government officials and industrialists led by Sanjay Prasad, Principal Secretary, Agriculture and Cooperation, made presentations about the […] Read more
Azure Power Ties up with Overseas Private Investment Corporation (OPIC) Updated On Tue, Oct 4th, 2016 by Saurenergy Azure Power has announced that it has partnered with U.S. Government’s development finance institution- Overseas Private Investment Corporation (OPIC) for long-term low-cost debt financing facility of USD 20 million for 15 years at a cost of capital of 4.74%. The company will utilize the load to construct 19 MW new solar rooftop projects across multiple […] Read more
MP’s new Energy Policy 2016 promises 30% subsidy to consumers Updated On Sat, Sep 24th, 2016 by Saurenergy Now consumers in the states of Madhya Pradesh can produce their own electricity with the use of solar panels on the roofs of their houses. And if excess of energy is stored through solar energy generation, consumers can it can be fed to the power grid in exchange of adjustments and subtractions in the conventional […] Read more
The banking system in India is not well developed compared to other countries: Gautam Mediratta, Manager-BD, Rays Power Infra. Updated On Wed, Aug 31st, 2016 by Saurenergy RPIPL is one of the snowballing EPC Companies of India. The company leverages Consulting-Engineering-Contracting-Commissioning services with practicing expertise in the renewable power plant and transmission industry. Gautam Mediratta, Manager-BD, Rays Power Infra takes us inside the Industry’s temporal lobe. What is stopping us from building a Truly Massive solar power plant in India when this […] Read more
Central Government should renew its focus on the DBFOT framework: Simarpreet Singh, Head – Strategy, Hartek Power Updated On Wed, Aug 10th, 2016 by Saurenergy Hartek Power Pvt Ltd is one of India’s fastest growing Engineering, Procurement and Construction (EPC) companies with expertise in executing high-voltage substation turnkey, rooftop solar projects and manufacturing a complete range of power distribution equipment/solutions to the needs of the industry and utilities. The company has four strategic business units—Power Systems, Rooftop Solar, Power Distribution […] Read more
Ministry of Power Raises RPO Trajectory for both Discoms and States Updated On Thu, Jul 28th, 2016 by Saurenergy Ministry of Power has raised the Renewable Purchase Obligations (RPO) trajectory for solar power in India. The Renewable Purchase Obligations makes it mandate for both Distribution Companies (Discoms) and states to purchase a certain percentage of their energy from renewable. Distribution Companies in India will now have to purchase 2.75% of their energy mix from […] Read more
