Global solar energy industry is expected to reach $422 billion by 2022: Research and Markets Updated On Wed, Apr 5th, 2017 by Saurenergy Asia-Pacific regions such as China and Japan have been the major market drivers for the solar energy market owing to its growth in installations and governmental tax incentives, followed by North America and Europe Research and Markets in its latest report forecasts the global solar energy industry to reach $422 billion by 2022 from $86 […] Read more
Solar capacity addition to reach up to 7.5 GW in FY18: ICRA Updated On Sat, Apr 1st, 2017 by Saurenergy Solar capacity addition is expected to increase from 3.5-4 GW in FY17 to at least 7-7.5 GW (in grid connected utility segment) in FY18. Given the number of projects awarded under the National Solar Mission (NSM) and the state policy route in the past 12-18 months, solar capacity addition is expected to increase up to […] Read more
Banks are planning to cut funding to Rajasthan’s power distribution companies missing UDAY targets: Report Updated On Sat, Apr 1st, 2017 by Saurenergy Rajasthan’s power distribution companies have not revised power tariffs as previously agreed which can affect the funding that they receive from banks under UDAY scheme Banks are reportedly planning to cut funding to Rajasthan’s power distribution companies (DISCOMS) which have missed financial targets set under the Ujjwal Discom Assurance Yojana (UDAY). Two bankers aware of […] 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
India’s Solar Module Manufacturers to Face Tough Competition in 2017 Updated On Fri, Mar 10th, 2017 by Saurenergy With solar module prices continuously declining globally, it is also weakening the domestic solar manufacturer’s ability to compete with imports. Solar module prices are expected to continue declining in 2017 as global supply continues to exceed demand. As the largest supplier and installer of solar module, China will continue to drive global pricing. The country’s […] Read more
Price of Solar Power May Fall Further in FY18 Updated On Fri, Mar 10th, 2017 by Saurenergy In the last few months, solar power costs had hit a low of Rs 3.30 per unit and might fall further in FY18. Solar power generation costs are set to dip further during third and fourth quarter of 2017-18, helped by expected softening of interest rates and a drop in solar panel prices due to […] Read more
WElink along with CTIEC to build 220MW solar power plant in Portugal Updated On Mon, Mar 6th, 2017 by Saurenergy Europe’s largest unsubsidized solar power farm deal signed by WElink Energy with China Triumph International Engineering Co. Ltd (CTIEC). WElink Energy is to build Europe’s largest privately funded solar farm in Portugal following the signing this week of the EPC contract with China Triumph International Engineering Co. Ltd (CTIEC), in the company of the Minister […] Read more
Cheap Chinese Imports Burn Domestic Solar Cell, Module Makers Updated On Tue, Feb 28th, 2017 by Saurenergy Solar cell and module makers were hoping for incentives to scale up production, but it seems like Union Budget disappointed them. Indian solar cells and modules manufacturers have not able to cash in on the opportunity of rising solar power installations thanks to Chinese competition. Between April and October 2016, India imported solar power material […] Read more
India Needs Energy Efficiency By Maximising Supply Of Renewable Energy Sources: Niti Aayog Updated On Fri, Feb 24th, 2017 by Saurenergy “We’re at a time when prices of renewable energy sources like solar are falling rapidly. This will soon spread to different energy sources” Buoyed by falling solar tariffs, Niti Aayog today said India needs energy efficiency by maximising supply of renewable energy sources to help realise the goal of sustainable development for affordable and clean […] Read more
