Farmers Get Subsidy up to 30% for Installing Solar Water Pumps: MNRE Updated On Fri, Aug 3rd, 2018 by Saurenergy Till now over 1.85 lakh solar water pumps have been reported installed in the country under the MNRE Programme. In a written reply to a question in Lok Sabha, Union Minister of State (IC) Power and New & Renewable Energy (MNRE), R K Singh mentioned that the ministry is providing subsidy up to 30% of […] Read more
Textiles and Power Ministries Join Hands under SAATHI Initiative; Push Use of Energy Efficient Looms Updated On Fri, Aug 3rd, 2018 by Saurenergy The SAATHI initiative is precisely aiming at the accelerating adoption of energy efficient power looms and thereby saving considerable costs. Replying to a question in Lok Sabha, Minister of State for Textiles, Ajay Tamta mentioned that Ministry of Textiles and Ministry of Power have joined hands under the efficient energy initiative ‘Sustainable and Accelerated Adoption […] Read more
India’s Report to UNFCCC Claims 175 GW of Green Energy by 2022 Updated On Fri, Aug 3rd, 2018 by Saurenergy India has claimed of achieving new target of about 40 percent cumulative electric power installed capacity from non-fossil fuel based green energy resources by 2030. In the report of Nationally Determined Contributions (NDCs) submitted to the United Nations Framework Convention on Climate Change (UNFCCC) under Paris Climate Agreement, India has claimed of achieving new target […] Read more
SECI Cancels Solar Bids for 2,400 MW Projects Updated On Fri, Aug 3rd, 2018 by Saurenergy ACME is the only developer that was allotted the 600 MW SECI solar project which had quoted lowest tariff of Rs. 2.44 per unit. Solar Energy Corporation of India (SECI) has cancelled the allotment of 2400 MW of auctioned solar projects after the auction of 3000 MW of solar projects held on July 13. While […] Read more
SolarEdge Q2 Net Income Jumps 53% YOY Updated On Fri, Aug 3rd, 2018 by Saurenergy SolarEdge reported record revenues of $227.1 million, up 8% from $209.9 million in the prior quarter and up 67% from $136.1 million year over year. SolarEdge Technologies, a global leader in smart energy, revealed net income at USD34.6 million, down 3 percent from USD35.7 million in the prior quarter and up 53 percent from USD22.5 million year […] Read more
Trina Vends Solar Modules to the Largest Private PV Project in Vietnam Updated On Thu, Aug 2nd, 2018 by Saurenergy Costing upto US$ 220 million, the Trina project is expected to play a key role in the country’s transformation to renewable energy. Chinese solar panel manufacturer, Trina Solar (TSL) has revealed that it supplies 258MW Monocrystalline PERC double glass modules to the largest private solar photovoltaic (PV) project in Vietnam. The project scheduled to be completed […] Read more
BEE and AEEE Release ‘Energy Efficiency Preparedness Index’ Updated On Thu, Aug 2nd, 2018 by Saurenergy The energy efficiency preparedness index aims at assessing state policies and programs aimed at improving energy efficiency across various sectors. As part of its commitment to create awareness about energy efficiency as a resource and also to develop an action plan for energy conservation initiatives, Bureau of Energy Efficiency (BEE) and Alliance for an Energy […] Read more
SolarReserve Commends Sandia National Laboratory’s 40 Years of Research Updated On Thu, Aug 2nd, 2018 by Saurenergy SolarReserve has partnered with Sandia to test and validate advanced heliostat designs for its utility-scale solar thermal power stations. On the occasion of Los Angeles based National Solar Thermal Test Facility’s 40th anniversary, solar power project developer SolarReserve applauded partner facility’s achievements since the last 40 years. Sandia’s researchers and leaders, government representatives, and industry […] Read more
Cost of generation of solar power Updated On Thu, Aug 2nd, 2018 by Saurenergy The cost of generating solar power depends, inter alia, upon intensity of radiation, size of the solar plant, cost of financing, etc. The tariff for solar power is now being determined largely through tendering process. For installation of rooftop solar PV projects, the Ministry of New and Renewable Energy (MNRE) has worked out benchmark cost […] Read more
