Canada-based solar firm SkyPower Global looking to shed equity in Madhya Pradesh project Updated On Tue, Apr 12th, 2016 by Saurenergy After SunEdison, a Canada-based solar firm SkyPower Global is looking to exit from the Indian market. Last year in July the firm bagged contracts to set up solar plants of 150 MW in Madhya Pradesh and now it is looking to offload equity. According to ET SkyPower Global has approached two leading India based renewable […] Read more
Solar Installation to well surpass 4GW in 2016, marking a 100% YoY Growth – Report Updated On Fri, Mar 11th, 2016 by Saurenergy The Indian solar sector is finally emerging from hibernation with solar installations doubling in 2015 after three years of flat growth, said Raj Prabhu, CEO and co-founder of Mercom Capital Group. Global clean energy communications and research firm cited that solar installations totaled 2,133 MW in 2015, up from 883 MW installed in 2014, which […] Read more
SECI extends cooperation on utility-scale energy storage project, invites tenders to combine Solar & Wind Hybrid Project Updated On Wed, Mar 9th, 2016 by Saurenergy The Solar Energy Corporation of India (SECI) has extended interest on India’s first utility-scale energy storage project. The ambitious project is projected to be combined with a solar and wind hybrid project at Rangreek (Himachal Pradesh). The invited tender is for the design, procurement, construction, commissioning and associated transmission system for 2MW of grid-connected solar […] Read more
Govt announces to set up 33 solar parks across India to reduce production cost of solar power Updated On Thu, Mar 3rd, 2016 by Saurenergy To reduce the production cost of solar power the government has announced to set up 33 solar parks across the country. Power Minister Piyush Goyal on Thursday said Government will be setting up as many as 33 solar parks to reduce the production cost of solar power. So far steps taken by the Government to […] Read more
MSMEs and SSI sought for separate electricity tariff, urges for solar use Updated On Mon, Feb 29th, 2016 by Saurenergy Micro, Small and Medium Enterprises (MSME) and Small Scale Industries (SSI) are seeking for separate electricity tariff. Both MSMEs and SSIs have detailed their presentation before Karnataka Electricity Regulatory Commission (KERC) last week. MSME associations jointly organizing an awareness programme in Karnataka on ‘Roof Top Solar Power Generation’ to encourage the SMEs and SSIs to […] Read more
The Power Industry can attract One Trillion Dollar Investment by 2030: Shri Piyush Goyal Updated On Tue, Feb 16th, 2016 by Saurenergy During the term of five year, the power industry is reckoned to attract an investment figured to $250 billion. Government’s task of rural electrification mission emphasizing no village without electricity access and coal swapping plus fresh policies for the electricity sector would aid in attracting this investment, said Union power and coal minister Piyush Goyal […] Read more
MNRE Endorsed a Scheme to Erect 50MW Solar Plants for People Eye Updated On Wed, Feb 3rd, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE), Govt. of India has licensed a scheme to establish 50MW solar power capacity plants in the public areas. A released report of MNRE states that, ‘The tasks will be set up in high visibility areas, such as major cities, where land cost is high, but people can visit […] Read more
‘Rooftops for Rent’ a New Turn in Solar Market Updated On Mon, Feb 1st, 2016 by Saurenergy ‘Give us your rooftop and we will give you cheap solar power’, new business model used by the solar energy companies to boost the solar installation capacities. Properties like Industrial establishments, commercial buildings, malls and large gated communities are the targets for this solar mission in India. ‘Around 240 sq mtre of rooftop space is […] Read more
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
