Solar water pump market in India struggles to take off Updated On Tue, Dec 6th, 2016 by Saurenergy In 2014, PM Narendra Modi set a target to install 1 million solar water pumps, equivalent to approximately 3000 MW, for irrigation and drinking water by 2021. But actual cumulative installed base stood at merely 25000 pumps as of April 2016. The bleak performance is despite the government offering massive subsidies of as much as […] Read more
17.90 Crore LED bulbs distributed across the Country: Piyush Goyal Updated On Fri, Dec 2nd, 2016 by Saurenergy Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal in Lok Sabha on Thursday said “Achieving efficient implementation of the Unnat Jyoti by Affordable LEDs for All (UJALA) Scheme, the aggregation of demand and bulk procurement by Energy Efficiency Services Limited (EESL) has resulted in huge savings for the consumers across the country.” The Minister […] Read more
TSERC Approves Net Metering Policy for Solar Rooftop Systems Updated On Tue, Nov 29th, 2016 by Saurenergy Telangana State Electricity Regulatory Commission has approved net metering policy for solar rooftop customers in the state. This regulation comes into force from the date of its notification in the Official Gazette and extends to the entire state of Telangana. It is applicable to distribution licensees (DISCOMs), eligible consumers and third-party owners of rooftop solar […] Read more
Photovoltaic (PV) Inverter Market Size Worth $19.8bn by 2024: Global Market Insights Inc. Updated On Tue, Nov 29th, 2016 by Saurenergy Global Market Insights, Inc.Ltd. in its new report forecasts the Photovoltaic (PV) Inverter Market size to reach USD 19.87 billion by 2024. The report states that decreasing solar component cost associated with increasing adoption of clean fuel energy will drive the Photovoltaic (PV) inverter market size. Technology advancement and manufacturing improvement have positively impacted the […] Read more
Power generation from renewable energy sources increased to 7.54%: Piyush Goyal Updated On Tue, Nov 29th, 2016 by Saurenergy Clean energy share has increased to 7.54% of the India’s total power generation during April-September this fiscal. During this time frame the total power generation of 47.62 billion units out of 631.84 billion units was from renewable energy sources said New & Renewable Energy Minister Piyush Goyal in Rajya Sabha. Goyal in a statement said […] Read more
ReNew Power to install solar rooftop for Indian Railways Updated On Mon, Nov 28th, 2016 by Saurenergy After successfully securing the highest subsidy allocation from SECI for rooftop solar projects, ReNew Power Ventures has won bids for 5MW solar installations across various locations for the Indian Railways. India’s leading renewable energy development company will invest around Rs 35 crore in these projects which will supply energy to Railways through a 25-year power […] Read more
Trina Solar Announces Third Quarter 2016 Results Updated On Thu, Nov 24th, 2016 by Saurenergy Trina Solar Limited, a global leader in photovoltaic (“PV”) modules, solutions, and services, announced its unaudited financial results for the quarter ended September 30, 2016. Third Quarter 2016 Financial and Operating Highlights Total module shipments were 1,361.2 MW, compared with 1,658.3 MW in the second quarter of 2016, and 1,703.2 MW in the third quarter […] Read more
The Investors Theorem: Your Rooftop PV Solar Project Updated On Mon, Nov 21st, 2016 by Saurenergy Over the past two decades, there have been many attempts to reform the electric utility market. The costly and complex operations of transporting energy have made utilities natural monopolies, while regulatory barriers and the high fixed costs of building and maintaining regional electrical grid infrastructure have also kept much competition at verge. Now with vigorous […] Read more
Andhra Pradesh CM to inaugurate Polavaram solar power plant at Gollagudem village on Monday Updated On Mon, Nov 21st, 2016 by Saurenergy Andhra Pradesh Chief Minister Chandrababu Naidu will inaugurate 5 MW Polavaram Canal Bund Solar power project today at Gollagudem village in West Godavari district. The five megawatt solar power project is expected to generate eight million units of power a year. The solar project spreads across 27 acres of land and is built by APGenco […] Read more
