Znshine Becomes 1st Chinese PV Modules Supplier to Win Contract from BHEL Updated On Thu, Jul 5th, 2018 by Saurenergy Moreover, this contract win also represents a critical step for the Chinese modules supplier as it moves towards expanding its footprints in the Indian market. Chinese photovoltaic (PV) solutions supplier ZNShine Solar has won the bid to provide 37.5 MW of PV modules to Bharat Heavy Electricals Ltd (BHEL), India’s largest power generation equipment maker. Further, the deal […] Read more
Innergex Renewable Completes JV Partnership with Chile-based Energía Llaima Updated On Wed, Jul 4th, 2018 by Saurenergy The Canadian firm has invested an initial amount of USD 10 million via available funds under its corporate revolving credit facilities. Canada headquartered Innergex Renewable Energy has completed its Joint Venture (JV) partnership with Chile-based Energia Llaima for a 50 percent stake in the company. The Canadian firm has invested an initial amount of USD 10 million via available funds under […] Read more
Rooftop Power Plants Can Save 95 Percent on Bills, Says Study Updated On Wed, Jul 4th, 2018 by Saurenergy Residents buying power from a community rooftop solar PV plant, via a subscription plan, could also save up to 35% on their electricity bills. These savings have been estimated over the 25-year lifetime of these systems. Households owning rooftop solar systems could save up to 95% on their electricity bills, says an independent study released at the CEEW Renewable Energy Dialogue […] Read more
Telangana Unveils Electric Vehicle Policy Updated On Mon, Jul 2nd, 2018 by Saurenergy There will be several incentives for vehicle manufacturers, and also sops for setting up charging stations and other infrastructure. Becoming India’s fourth state to declare its own solar policy, Telangana has unveiled electric vehicle policy which would help in the smooth transition to electric vehicles. The policy will help the state in rolling out a new […] Read more
IESA, IEEMA to Hold 2nd Masterclass on Advanced Energy Storage Manufacturing in India Updated On Mon, Jul 2nd, 2018 by Saurenergy The workshop will provide participants a complete overview on latest technology trends, market opportunities as well as insight on IP acquisition and setting up of manufacturing for advanced energy storage and EV charging infrastructure. After the overwhelming response to the first Masterclass program held in Mumbai, India Energy Solar Alliance (IESA) along with Indian Electrical […] Read more
India Plans to Auction 40 GW Renewables Per Year for Next 10 Years Updated On Mon, Jul 2nd, 2018 by Saurenergy “We have to do 350 GW in solar (to meet demand by 2030), of which 100 GW is planned till 2022. So we have to bid out at least 30 GW each year from 2020 onwards to achieve additional 250 GW.” To boost the local manufacturing and help developers of the country, India has decided […] Read more
Viz-A-Viz with Praveer Sinha CEO and MD, Tata Power Company Ltd Updated On Mon, Jul 2nd, 2018 by Saurenergy Q. As in recent quarters Tata Power’s renewable portfolio proved to be a boon for the financial health of the company. How do you see the future of the company’s renewable segment in the country in coming years? As Tata Power aims to achieve up to 40% of its generation capacity from non-fossil fuel by […] Read more
ISA Sends Positive Market Signals, says Suresh Prabhu Updated On Fri, Jun 29th, 2018 by Saurenergy While speaking at the Renewable Energy Dialogue in New Delhi, the Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, said that India is running one of the largest and most ambitious renewable energy capacity expansion programmes in the world. Commerce & Industry Minister Suresh Prabhu said that International Solar Alliance (ISA) is sending […] Read more
Green Certificates Sales Dip 32% on Power Exchanges in June Updated On Fri, Jun 29th, 2018 by Saurenergy The IEX and PXIL sold 5,09,744 and 3,86,485 RECs respectively, totalling 8,96,229 RECs in June during the recent auction. The sale of Renewable Energy Certificates (RECs) has dropped 32 percent to 8.96 lakh in June against 13.15 lakh in May this year on Indian Energy Exchange and Power Exchange India Ltd, according to an official data. Further, the Renewable Purchase Obligation (RPO) is […] Read more
