Infrastructure Delays Affecting Large-Scale Solar Project Development in India: Mercom Capital Updated On Tue, Dec 13th, 2016 by Saurenergy Modi government has set a 100GW target for solar power by 2022, out of which 20GW has been allocated to solar parks. India is expected to double the target for energy to be generated from solar parks by 2020, as roof-top installations progress has turned out to be slower than anticipated. Currently, there are 34 […] Read more
All you need to know about SECI’s 1000MW tender for rooftop solar Updated On Sat, Dec 10th, 2016 by Saurenergy Solar Energy Corporation of India (SECI) on December 9 launched a tender of 1000 MW capacity for development of grid-connected rooftop solar capacity for Central Government Ministries/Departments. This largest rooftop tender is expected to give a big boost to Rooftop Solar Power Generation Segment and help to achieve the Modi Government’s target for installation of […] Read more
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
17.90 Crore LED bulbs distributed across the Country: Piyush Goyal Updated On Fri, Dec 2nd, 2016 by Saurenergy Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal in Lok Sabha on Thursday said “Achieving efficient implementation of the Unnat Jyoti by Affordable LEDs for All (UJALA) Scheme, the aggregation of demand and bulk procurement by Energy Efficiency Services Limited (EESL) has resulted in huge savings for the consumers across the country.” The Minister […] Read more
ReNew Power to install solar rooftop for Indian Railways Updated On Mon, Nov 28th, 2016 by Saurenergy After successfully securing the highest subsidy allocation from SECI for rooftop solar projects, ReNew Power Ventures has won bids for 5MW solar installations across various locations for the Indian Railways. India’s leading renewable energy development company will invest around Rs 35 crore in these projects which will supply energy to Railways through a 25-year power […] Read more
ACME Cleantech raises Rs500 crore from Piramal Enterprises Ltd: Report Updated On Fri, Nov 25th, 2016 by Saurenergy ACME Cleantech Solutions Pvt. Ltd has reportedly raised Rs500 crore from Piramal Enterprises Ltd. According to Live Mint the investment in ACME was done by Piramal Enterprises’s Structured Finance Group. Speaking to the publication Nikhil Dhingra, group director for finance, ACME said “The funds are being used for funding the working capital requirements of the […] Read more
ReNew Power acquires 49MW of rooftop solar tender from SECI Updated On Thu, Nov 24th, 2016 by Saurenergy ReNew Power Ventures has bagged the highest number of projects under a mega tender of 500 megawatts rooftop solar capacity floated by Solar Energy Corporation of India Limited (SECI). The tender was targeted towards institutional — schools, colleges, universities and residential buildings. It was aimed at promoting rooftop solar setups in these sectors. Around 130 […] Read more
MNRE has sanctioned Rs 67.01 Crore under Solar City Programme: Piyush Goyal Updated On Tue, Nov 22nd, 2016 by Saurenergy Minister of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal on Monday in Rajya Sabha said that the renewable energy ministry has sanctioned a total amount of Rs. 67.01 crore for preparation of master plans, solar city cells, promotional activities and installation of renewable energy projects and an amount of Rs. […] Read more
India’s total installed solar capacity crosses 10 GW milestone: Bridge To India Updated On Fri, Nov 18th, 2016 by Saurenergy Indian solar capacity included rooftop and off-grid has crossed 10GW mark says Bridge To India in its latest report. According to the consultancy firm India will add new solar capacity of 5.1 GW this year, which is a growth of 137% over last year. It also expects average annual capacity addition of 8-10 GW per […] Read more
