Under KUSUM Scheme, Govt. to Provide 2.75 Million Solar Pumps to Farmers Updated On Fri, Jun 8th, 2018 by Saurenergy “Initially the solar-pumps will be distributed as per the demand from each region but at the later stage, if required, we will provide more pumps,” power minister R K Singh. Under the first phase of Kisan Urja Suraksha Evam Utthaan Mahaabhiyan (KUSUM) scheme that is to be launched by July 2018, the government will provide 2.75 million […] Read more
Lower Incentives for Chinese Solar Developers to Benefit India, says ICRA Updated On Thu, Jun 7th, 2018 by Saurenergy Revision in feed-in tariff rates and imposition of installation caps for solar power projects by the Chinese government is expected to negatively affect the demand for solar modules in China. Credit rating agency ICRA said that the reduction in subsidies for solar energy projects in China will benefit Indian solar independent power producers (IPPs) with softer module prices. The agency said in a statement […] Read more
JinkoSolar US Arm Inks 1.43 GW Solar Panel Supply Pact with sPower Updated On Wed, Jun 6th, 2018 by Saurenergy The deal includes significant down payments, which will help Jinko expand its manufacturing capacity in the United States and Asia. One of the leading PV modules supplier JinkoSolar Holding’s US subsidiary has signed a three-year deal to supply 1.43 GW of high-efficiency modules to sPower. sPower is the leading renewable energy independent power producer (IPP). […] Read more
Greenko in Advance Stages of Buying Essel Infra’s Solar Biz Updated On Tue, Jun 5th, 2018 by Saurenergy When contacted, an Essel spokesperson told sources, “As an infrastructure conglomerate, we keep on evaluating various opportunities. However, we would not like to comment on market speculation.” Greenko also declined to comment on the deal. A part of Subhash Chandra-led Essel group, Essel Infraprojects is in advance stage of selling 685 MW solar business to […] Read more
REC Pledges $1 Million Contribution Towards International Solar Alliance Updated On Tue, Jun 5th, 2018 by Saurenergy In presence of the Power Minister R K Singh, REC’s Director (Technical) S K Gupta and other senior officials from the two organizations, the REC Chairman and Managing Director P V Ramesh handed over the cheque to Interim Director General of ISA Upendra Tripathy. Rural Electrification Corporation, (REC) a state-run power sector financier has announced […] Read more
Rays Power to Set-up 1200 MW by 2020; Plans Intl Expansion Updated On Mon, Jun 4th, 2018 by Saurenergy The firm has also initiated development of over 200 Mw of ground-mounted projects selling power directly to the end consumers, under its subsidiary Rays Future Energy, which are expected to be commissioned by end of 2019. With an eye on the international market, a solar power development and Engineering, Procurement and Construction (EPC) Company Rays […] Read more
Difficult to Achieve 40 GW Solar Rooftop Installation by 2022: Experts Updated On Mon, Jun 4th, 2018 by Saurenergy The target of installing 100 GW of solar capacity by the government has to be achieved by 2022 and out of which the amount of energy that has to come up from rooftop projects is 40 GW. Due to the slow pace of the growth of solar rooftop segment, it would be very difficult for […] Read more
Nagpur Municipal Corp Buildings, Hospitals to Go Solar by 2019 Updated On Sat, Jun 2nd, 2018 by Saurenergy The annual saving of the NMC on its Rs 100 Crore yearly bill will be at around Rs 60 lakh. Ten zones have been chosen by the civic body to execute the project for which they have would invite private agencies to take up the work. In order to use clean energy for water pumping, […] Read more
8minutenergy, NV Energy to Build Largest Solar Project in Nevada Updated On Fri, Jun 1st, 2018 by Saurenergy Although there are many large projects of NV Energy, the Eagle Shadow Mountain will be the largest solar PV project ever built for the company. This is a part of its latest renewable projects which in total are over 1 GW. In the Clark County of Nevada, NV Energy has chosen 8minuteenergy to develop 300-MW […] Read more