SECI asks World Bank to finance 50% of it solar projects Updated On Tue, May 3rd, 2016 by Saurenergy The Solar Energy Corporation of India (SECI) set up originally to help the growth of solar power in the country by holding auctions and promoting projects under the Jawaharlal Nehru National Solar Mission, is now going ahead with plans of developing a second suite of PV projects in India claims a report. According to ET […] Read more
U .S. and Indian solar market to grow at triple-digit rates: GTM Research Updated On Tue, May 3rd, 2016 by Saurenergy GTM Research in its recently released Q2 2016 Global Solar Demand Monitor predicts slowdown in several large markets – China, Japan and the U.K , while two other key markets – the U.S. and India will grow at triple-digit rates. The company in its report citing an 11% reduction in feed-in tariff levels and high […] Read more
Government has sanctioned 32 solar parks of 19,400 MW capacities in 20 states so far Updated On Tue, May 3rd, 2016 by Saurenergy Modi Government is encouraging use of waste land for installation of solar power plants and setting up of solar parks is a step in that direction. Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy in a written reply to a question in the Rajya Sabha said under the scheme […] Read more
DEWA Receives 5 bids for Mohammed bin Rashid Al Maktoum Solar Park Updated On Mon, May 2nd, 2016 by Saurenergy Dubai Electricity and Water Authority (DEWA) have received 5 bids from international organizations for the third phase of the Mohammed bin Rashid Al Maktoum Solar Park. The lowest recorded bid at the opening of the envelopes was US 2.99 cents per kilowatt hour. The authority said next step in the bidding process will review the […] Read more
Tata Power to acquire renewable energy assets of Welspun Group: Report Updated On Mon, May 2nd, 2016 by Saurenergy Tata Power is reportedly gearing up to acquire the renewable energy assets of the diversified Welspun Group, valuing the 1,152 MW portfolios of operational solar and wind farms. The ET citing sources close to the company reports that the deal may be valued at close to $1.45 billion inclusive of debt. Both the companies are in final […] Read more
First roof top solar energy unit setup by a local Sankar Rao inaugurated at Babametta, Andhra Pradesh Updated On Mon, May 2nd, 2016 by Saurenergy Collector M.M. Nayak on Sunday inaugurated first rooftop solar energy unit set up by a local Sankar Ral at Babametta, Vizianagaram, Andhra Pradesh.He congratulated Rao for his initiative and asked people to generate solar power by setting up roof top solar panels at 50 per cent government subsidy for domestic use and also sell the […] Read more
Delhi likely to get green power from Madhya Pradesh to run its Metro trains Updated On Fri, Apr 29th, 2016 by Saurenergy The National Capital of India will reportedly get green power from Madhya Pradesh starting next year to run its Metro trains. Manu Shrivastava, Principal Secretary of Madhya Pradesh New and Renewable Energy Department speaking to PTI said “we are charting out the power purchase agreement (PPA) to be signed between Delhi Metro Rail Corporation (DMRC) and developers of the world’s […] Read more
Indian Railways proposes to harness 1000 MW solar and 150MW wind energy by 2020 Updated On Thu, Apr 28th, 2016 by Saurenergy Indian Railways has proposed to harness 1000 Mega Watt (MW) solar and 150 MW wind energy by the year 2020. Minister of State for Railways, Manoj Sinha in a written reply to a question in Lok Sabha on Wednesday said “a total of about 50 MW renewable energy capacity has been installed till date including […] Read more
SECI invites bids for 500 MW tender, prompts rooftop solar revolution Updated On Thu, Apr 28th, 2016 by Saurenergy Solar Energy Corporation of India Limited invites bids for Implementation of 500 MW Grid Connected Roof Top Solar PV System Scheme in different states of India that will double the country’s green energy capacity and can trigger more such projects. Bids for 500 MW of projects will open on June 3, 2016. Bidders should submit […] Read more