Sindh’s 500 MW Floating Solar Plant, National Solar Energy Policy For Pakistan on August 1 Updated On Tue, Jul 12th, 2022 by Saurenergy In an impetus to renewable energy in the country, the Sindh government has revealed its ambition to set up Pakistan ‘s first floating solar power plant. The plant will boast of a 500MW generation capacity and will be established at Keenjhar Lake. The project will cost $400 million. The Provincial Minister of Sindh for Energy, […] Read more
Jharkhand Unveils Ambitious Solar Energy Policy Updated On Tue, Jul 5th, 2022 by Saurenergy The Jharkhand Government is poised to unveil its Solar Energy Policy 2022. The policy, launched by the Chief Minister of Jharkhand, Hemant Soren, will seek to augment the capacity of clean energy to 4000 MW in the financial years 2022 to 2023 and 2026 to 2027. Jharkhand Renewable Energy Development Agency (JREDA) has revealed a […] Read more
Deferment of ALMM Policy: A much awaited but temporary relief to the solar market Updated On Mon, Apr 11th, 2022 by Saurenergy India had ambitioned to achieve 100 GW of solar installation by 2022. However, as per MNRE, we had achieved only 51 GW of solar by Feb 2022. While we haven’t met the goal, there has been meaningful and significant growth in the overall solar industry. Also, the Government has set a steeper target of 280 […] Read more
Icra Predicts Strong Demand for Domestic Solar OEMs with Policy Support Updated On Tue, Feb 22nd, 2022 by Saurenergy Business prospects of domestic solar original equipment manufacturers (OEMs) will remain strong aided by several policy measures over medium-term, rating agency Icra said. As a result, many domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities under PLI scheme by the winning bidders. However, […] Read more
Key Policy Challenges To a Thriving C&I Market for Solar In India Updated On Mon, Aug 2nd, 2021 by Saurenergy The Solar Energy sector has emerged as a potential green technology to address climate change issues by reducing dependence on conventional fossil fuel-based energy. India has a target to install 100 GW of solar energy capacity with a commitment to increase the renewable sources-based energy capacity to 175 GW by 2022. Under this, 40 GW […] Read more
Hope Rules Over Policy as PM Modi Harks to 40 GW Rooftop Solar by 2022 Updated On Fri, Feb 19th, 2021 by Saurenergy If there was ever a case of hope triumphing policy for India’s struggling rooftop solar sector, then PM Modi’s statement on the country reaching 40 GW of rooftop solar by 2022 must come as a massive boost. Or maybe the industry is simply smarter than that. For out of the 100 GW solar target for […] Read more
Maharashtra Forms new Committee to Frame Solar Power Policy Updated On Mon, Jul 27th, 2020 by Saurenergy The Maharashtra energy minister Nitin Raut has said that the state energy department has set up a new committee to frame Maharashtra’s new Solar Power Policy The Maharashtra energy minister Nitin Raut has announced that the state energy department has set up a new committee to frame the state’s new Solar Power Policy. The high-power […] Read more
Policy Focus on Domestic Manufacturing Positive for Indian Solar OEMs: ICRA Updated On Thu, Jun 25th, 2020 by Saurenergy With an aim to support domestic module manufacturers, government’s focus recently increased on the initiatives like ‘Atmanirbhar Bharat Abhiyan’ and ‘Make in India’. Now, in line with this, the government has formulated various schemes in past one year including the Central Public Sector Undertaking (CPSU) Scheme which envisages installation of 12 GW solar power capacities […] Read more
Budget 2020: Solar Industry Seeks Policy Reforms for Ease of Doing Biz Updated On Fri, Jan 31st, 2020 by Saurenergy With the release of the Economic Survey 2020 today, by the Chief Economic Adviser Krishnamurthy V Subramanian, which is the reflection of the Modi 2.0 government’s annual report card, all eyes are on the Finance Minister Nirmala Sitharaman’s Budget 2020 presentation on February 01, 2020. In Budget this year, Finance Minister Sitharaman is likely to […] Read more