Solar Boom – A Fantastic Fillip for India! Updated On Sun, Jul 1st, 2018 by Saurenergy India’s solar boom proved to be a game changer for the country’s renewable growth trajectory, as the sector witnesses’ sharp momentum during the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took PM’s chair, India had about 2.63 GW of solar energy capacity, which now surged to nearly […] Read more
Green Certificates Sales Dip 32% on Power Exchanges in June Updated On Fri, Jun 29th, 2018 by Saurenergy The IEX and PXIL sold 5,09,744 and 3,86,485 RECs respectively, totalling 8,96,229 RECs in June during the recent auction. The sale of Renewable Energy Certificates (RECs) has dropped 32 percent to 8.96 lakh in June against 13.15 lakh in May this year on Indian Energy Exchange and Power Exchange India Ltd, according to an official data. Further, the Renewable Purchase Obligation (RPO) is […] Read more
ISMA Demands 95% Safeguard Duty on Solar Cells Import Updated On Wed, Jun 27th, 2018 by Saurenergy Indian Solar Manufacturers Association (ISMA), during a public hearing called by the Directorate General of Trade Remedies (DGTR), has demanded imposition of 95 percent safeguard duty on imported solar cells and modules, aiming to protect the domestic players from cheap inbound shipments. During hearing, the directorate heard different sections of solar energy sector on safeguard […] Read more
Bareilly to Install Solar Panels on All Govt. Buildings Updated On Wed, Jun 27th, 2018 by Saurenergy At the collectorate building, Vikas Bhavan and some other offices, rooftop solar power plants have already been installed. In order to comply with government’s instruction, solar panels will be installed on all government and semi-government buildings soon The principal secretary of UP government has instructed all the district authorities to install rooftop solar panels on all […] Read more
IIT Madras, CPCL Ink Pact to Solarize Villages Updated On Tue, Jun 26th, 2018 by Saurenergy The proposed project will be executed over the period of next 2 years and will cost around 14.49 crore in Rupees. The project will be executed in coordination with the government of Tamil Nadu. To provide a solar power, clean drinking water and create better sanitation conditions in the villages of Vellalapakkam, Gopurajapuram, and Panangudi […] Read more
Safeguard Duty on Solar Equipment Likely to Hit India’s 100 GW Goal by 2022 Updated On Mon, Jun 25th, 2018 by Saurenergy The solar developers opined that it would directly affect 25 GW volume under various stages of implementation and hit out thousands of jobs in the segment. Implementation of proposed safeguard duty may hit the country’s most ambitious target of installing 100 GW capacity by 2022, believes Indian solar power developers. The solar developers opined that it would […] Read more
EXTENSION OF BID SUBMISSION DATE FOR 10 MW SOLAR PV PROJECTS AT DRDO PREMISES, KOLAR. KARNATAKA Updated On Mon, Jun 25th, 2018 by Saurenergy EXTENSION OF BID SUBMISSION DEADLINE : SETTING UP OF 10 MW (AC) SOLAR PV POWER PLANTS ICLUDING 10 YEARS PLANT O&M AT DEFENCE RESEARCH AND DEVELOPMENT ORHANISATION (DRDO) PREMISES, KOLAR, KARNATAKA This has reference to the RfS No. SECI/C&P/NIT/RfS/DRDO10MW/042018 dated 16.05.2018 regarding “ Setting up of 10MW (AC) Solar PV Power Plants including 10 years plant O&M […] Read more
EIB to Provide $11.75 Mn Loan for 34 MW Solar Project in Zambia Updated On Mon, Jun 25th, 2018 by Saurenergy Further, the Zambian project is promoted by Enel company and will also be supported by loans from the IFC, World Bank Group member, and IFC-Canada Climate Change Program. European Union lender, the European Investment Bank (EIB) has provided up to USD 11.75 million loan to support the 34 MW Ngonye solar power plant in Zambia. Further, the Zambian […] Read more
India Offers $75 Mn Credit Support for 100 MW Solar Project in Cuba Updated On Sat, Jun 23rd, 2018 by Saurenergy During talks, both countries agreed to enhance cooperation in the fields of renewable energy, biotechnology, traditional medicine and trade and investment. During the third leg of Indian President Ram Nath Kovind’s three nations tour, India offered a USD 75 million credit support to Cuba for a 100 MW solar power project. The President’s Secretariat said […] Read more
