Solar water pump market in India struggles to take off Updated On Tue, Dec 6th, 2016 by Saurenergy In 2014, PM Narendra Modi set a target to install 1 million solar water pumps, equivalent to approximately 3000 MW, for irrigation and drinking water by 2021. But actual cumulative installed base stood at merely 25000 pumps as of April 2016. The bleak performance is despite the government offering massive subsidies of as much as […] Read more
What’s Stored in the Solar Storage Updated On Thu, Dec 1st, 2016 by Saurenergy The war of storage is no novice in the generation of digital transformation. Perhaps, the word storage can be framed with human evolution as we dignified civilization and society further to individual home, hence imagining a home is also a fact of storage where it composites humans and their endeared beholdings. Now, the fact of […] Read more
Jharkhand To Sign PPAs For A Total Of 1.1 Gw Solar Projects By Third Week Of December: Report Updated On Thu, Dec 1st, 2016 by Saurenergy Jharkhand is expected to sign power purchase agreements (PPAs) for a total of 1.1 GW solar projects by the third week of December 2016. These solar PV projects were auctioned early this year but were stalled due to differences between DISCOMs and developers over the quoted tariff. A Jharkhand Renewable Energy Development Agency (JREDA) official […] Read more
DEWA signs PPA with Masdar for third phase of the Mohammed bin Rashid Al Maktoum Solar Park Updated On Wed, Nov 30th, 2016 by Saurenergy Dubai Electricity and Water Authority (DEWA) has signed a Power Purchase Agreement (PPA) with Abu Dubai Future Energy Company (Masdar), for the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park. The agreement was signed by Saeed Mohammed Al Tayer, MD & CEO of DEWA, and Dr Sultan Ahmed Al Jaber, UAE […] Read more
ReNew Power secures the highest subsidy allocation from SECI for rooftop solar projects Updated On Mon, Nov 28th, 2016 by Saurenergy ReNew Power Ventures Private Limited, India’s leading renewable energy development company, has emerged as the organization with the highest allocation under the mega tender of 500 megawatts of rooftop solar projects floated by Solar Energy Corporation of India Limited (SECI) – the designated implementing agency for this scheme, providing subsidy on roof top projects across […] Read more
Solar developers seems least interested for TANGEDCO’s solar projects Updated On Mon, Nov 28th, 2016 by Saurenergy In October, Tamil Nadu Generation and Distribution Corporation Limited floated a tender for 500 MW of utility scale solar projects. The tender received limited interest and that too predominantly from smaller developers who have submitted 20 bids totaling just 116 MW. This tender from TANGEDCO follows an allocation of approx. 1200 MW in early 2015 […] Read more
String Inverter Market to grow at CAGR of 8.29% from 2016 to 2021: MarketsandMarkets Updated On Fri, Nov 25th, 2016 by Saurenergy According to a new report from MarketsandMarkets the global string inverter market is expects to grow from an estimated USD 2.61 Billion in 2016 to USD 3.89 Billion by 2021, registering a CAGR of 8.29% from 2016 to 2021. The research firm notes that the global market is witnessing growth due to decrease balance of […] Read more
Demonetization hits solar power bids in Tamil Nadu Updated On Fri, Nov 25th, 2016 by Saurenergy Demonetization has hit solar power tenders in Tamil Nadu with many developers unable to put down large volumes of cash needed to purchase the land required. Out of 500MW for which Tamil Nadu Generation and Distribution Corporation (TANGEDCO) floated tenders early this month, 20 bids for only 116MW have been received. For presenting a bid […] Read more
14.30 GW Renewable Energy Capacity added during last two and half years: Piyush Goyal Updated On Tue, Nov 22nd, 2016 by Saurenergy Piyush Goyal, Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines in Rajya Sabha on Monday said that 14.30 GW of renewable energy capacity has been added during last two and half years under Grid Connected Renewable Power. 14.30 GW of renewable energy capacity added during last two and half years […] Read more
