Azure Power Commissions 7MW Solar Power Plant for Defence Establishments in Maharashtra Updated On Thu, Mar 30th, 2017 by Saurenergy Azure Power becomes the first private solar company to power the Defence Ministry under the National Solar Mission Azure Power, a leading solar power producer in India, commissioned 7 MWs of solar plant capacity in the state of Maharashtra and is the first private solar power project to be set up at defence establishments under Ministry […] Read more
Azure Power Commissions 130 MWs in Karnataka; Now Largest Solar Plant Operator in the State Updated On Wed, Mar 29th, 2017 by Saurenergy Azure Power, a leading solar power producer in India, announced that it has commissioned a 130 MW solar power project in Chitradurga district, Karnataka under the Karnataka Solar Policy 2014-2021. With this commissioning, Azure Power is now the largest operator of solar power plants in Karnataka. Azure Power has a contract to supply power for […] Read more
IREDA to sanction Rs 13,000 crore loan for renewables in FY18 Updated On Mon, Mar 27th, 2017 by Saurenergy Indian Renewable Energy Development Agency will be sanctioning Rs 13000 crore loan to meet the Government’s target of achieving 15 to 16 GW of renewable energy projects. State-run Indian Renewable Energy Development Agency (IREDA) will sanction Rs 13,000 crore for clean energy projects next fiscal in the country, vying for around 20 per cent of […] Read more
India’s 60-65 per cent of installed power generation capacity will be from Renewable Energy: Piyush Goyal Updated On Sat, Mar 25th, 2017 by Saurenergy “India’s renewable energy programme is a great example of how you can do big by thinking big.” Power Minister Piyush Goyal today at Take Pride event organized by CII said that India’s 60-65 per cent of installed power generation capacity will be from renewable energy. “Going by prices we have discovered, I am inspired to say that 60-65 per […] Read more
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