Scheme for Enhancement of capacity from 20,000 MW to 40,000 MW for Solar Parks and Ultra Mega Solar Power Projects Updated On Thu, Mar 23rd, 2017 by Saurenergy The enhanced capacity would ensure setting up of at least 50 solar parks each with a capacity of 500 MW and above in various parts of the country Early this year in February, the Cabinet Committee on Economic Affairs, chaired by the PM Narendra Modi, approved the enhancement of capacity from 20,000 MW to 40,000 […] Read more
RPO Compliance Needs To Improve Fast for India to Meet its Solar Installation Targets: Mercom Capital Updated On Wed, Mar 22nd, 2017 by Saurenergy India needs to install 90 GW of solar in five year – at a rate of 18 GW per year. Most states have specified RPO targets. However, due to the lack of enforcement of RPO regulations and the absence of penalties when obligations are not met, many of the state DISCOMs (distribution companies) are not […] Read more
India’s solar capacity to hit 20GW mark in next 15 months: Piyush Goyal Updated On Tue, Mar 21st, 2017 by Saurenergy “India could not have completely focused on Making in India’ in the last three years as being in the nascent stage, its solar power sector needed technological and financial boost from abroad to rapidly expand its horizons,” The installed solar power capacity in India is expected to double from 10GW to 20GW in next 15 […] Read more
First Phase of India’s 2700 MW of Solar Power Project to be Operational in June Updated On Mon, Mar 20th, 2017 by Saurenergy KSPDCL and SECI have formed a joint venture to develop the solar power park in Pavagada. The Phase I of one of the India’s largest solar power parks is scheduled to be operational in June 2017. The Pavagada solar power park will be installed with 500 MW of solar power capacity by June, and the […] Read more
Government introduces Solar Power Scheme to Promote Powerloom Sector Updated On Fri, Mar 17th, 2017 by Saurenergy The textile ministry has formulated a ‘Solar Energy Scheme’ for the promotion of powerloom sector to make use of solar power. Government has framed a new ‘Solar Energy Scheme’ to provide financial assistance/capital subsidy to small powerloom units, for installation of Solar Power Plant, in order to alleviate the problem of power cut/ shortage faced […] Read more
Waaree Energies to raise $100 million: Report Updated On Thu, Mar 16th, 2017 by Saurenergy “Waaree Energies has been looking to raise funds. EY Advisory, Auditing & Business Consulting Firm is running the process” India’s one of the largest module manufacturer, Waaree Energies has reportedly appointed EY – Advisory, Auditing & Business Consulting Firm to raise a fund of USD 100 million. A close source to the company speaking to […] Read more
ET Energy Starts Construction of a 60.9MW Solar Power Project in Jordan Updated On Thu, Mar 16th, 2017 by Saurenergy The 60.9 MW solar power installation is located 50Km north-east of Amman in Mafraq, Jordan, and will be one of the largest 1500VDC PV plants in Europe, the Middle East and Africa after completion. ET Solutions AG, a subsidiary of ET Energy, a global leading energy solutions provider, announced that it has started the construction […] Read more
India to become world’s third largest solar market in 2017: Report Updated On Tue, Mar 14th, 2017 by Saurenergy “India still maintain strong demand for PV products, it has the potential to overtake Japan to become the world’s third largest solar market by taking at least 14% of the year’s total PV demand.” Taiwan based market researcher firm, EnergyTrend in its new report forecasts India to become the 3rd largest solar market in the […] Read more
India’s Solar Capacity Grows Over 3 Folds to 10,000 Megawatt in Three Years Updated On Tue, Mar 14th, 2017 by Saurenergy India has crossed 10 GW of Solar power capacity, which is more than 3 times increase in less than 3 years. India’s solar power generation capacity has crossed 10,000 megawatt (MW), a more than three-time jump in less than three years as government pushes for renewable energy sources to meet galloping demand. The milestone came […] Read more
