U.P Solar Auction Goes to Adani Power and Azure Power Updated On Fri, Jan 29th, 2016 by Saurenergy Adani Power and Azure Power have won the most recent auction for solar energy ventures with offers of Rs 4.78 per unit, which is higher than the previous month record (Rs 4.34 per unit). Prayatna Developers, a division of Adani Power and Azure Power have been assigned 50MW at the same cost. In the past […] Read more
Solar Panel Costs to tumble 10% Each Year – Findings Updated On Wed, Jan 27th, 2016 by Saurenergy ‘Sudden fall of Solar Power cost, it is likely to outrun the normal energy speculation,’ said a journal of Oxford University Researchers in its ‘Research Policy’ based on innovation, technology, R&D and science. From the early 1980’s, panels to generate power from sunlight has become 10% cheaper each year. According to the research, it is […] Read more
Initial Move for the Bigger Goal, Solar India – IFFCO Updated On Sat, Jan 23rd, 2016 by Saurenergy The Government endorsed changes in Power Tariff Act to guarantee 24X7 reasonable powers for all. “IFFCO Phulpur has commissioned 235 KWp Solar Power Plant produce more than 3 lakh kWh/year renewable energy”, Dr. U S Awasthi, MD tweeted. “The Govt. endorsed viability subsidizing of Rs. 5050 crore for grid connected solar with a minimum capacity […] Read more
Global Solar Sector Attracts US$160 billion Investment in 2015 – BNEF Report Updated On Fri, Jan 15th, 2016 by Saurenergy In 2015 the Global investment in solar sector reached a record US$161.5 billion off the back of 57GW of PV installations, more startling than the growth figures is that this commitment to renewables has continued to ratchet up while fossil fuel prices have plummeted. Oil prices have more than halved in two year. According to […] Read more
Intended Capital Cost for Solar PV – Central Electricity Regulatory Commission (CERC) Updated On Thu, Jan 7th, 2016 by Saurenergy Central Electricity Regulatory Commission (CERC) passed an instruction for resolution of standard capital expense for solar PV ventures for the fiscal year 2016-17. The instruction gauges capital expense including expense of gear, development, land, transmission and pre-operative costs of solar PV ventures for the upcoming FY at INR 50.1 million/MW (USD 0.76 million). Giving a […] Read more
DMRC Inks MoU with SECI To Augment Solar Venture Updated On Wed, Dec 23rd, 2015 by Saurenergy The Delhi Metro Rail Corporation (DMRC) and the Solar Energy Corporation of India (SECI) will now mutually work together on taking up an ‘off site’ solar power venture, to augment the utilization of renewable energy, alleviate the effect of standard increment in grid tariffs and to decrease the carbon foot prints. A Memorandum of […] Read more
