Avaada Power Inks MoU to Set Up 500MW Solar Farms in Andhra Updated On Wed, Feb 28th, 2018 by Saurenergy The move will generate more than 1,200 employment opportunities in the state. Renewables developer Avaada Power has inked an Memorandum of Understanding (MoU) with the Andhra Pradesh government to develop 500MW of utility-scale PV projects, with an investment of Rs 35 billion (USD537 million). The Indian solar developer said that the projects in the state […] Read more
The Dark Truth of QCA: Who is Paying Whose Penalty? Updated On Tue, Feb 6th, 2018 by Saurenergy By Abhk Kumar Das, Del2infinity Energy Consulting The solar and wind power generation shows a promising future in India. But due to the variability and intermittency, large scale renewable energy penetration in existing grid is a challenge and the proper policy and regulatory mechanisms, technological solutions and institutional structures are key issues in solar and […] Read more
Budget 2018: Why Renewable Sector Needs Innovative Financing Updated On Fri, Jan 19th, 2018 by Saurenergy While most of the issues could be addressed with non-budgetary action, it would be sane for the budget 2018 to respond to these issues and to facilitate the smooth process of clean energy targets. The 2018 budget to be presented on 1 February will be the last full-year budget of this government. This budget comes […] Read more
Investing Renewables Infesting Fossils Updated On Mon, Jan 15th, 2018 by Saurenergy Renewable Energy Sector as a Future Investment Model With increasing technological advancements, renewable energies are having a significant impact. Renewable energy is becoming increasingly viable, a trend that could potentially be a game-changer for investors, particularly large scale, global investors. The International Energy Agency projected that renewable energy will continue to grow by 42 percent […] Read more
Year End Review 2017 –MNRE Updated On Wed, Dec 27th, 2017 by Saurenergy Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […] Read more
RK Singh Comes to Rescue Solar Projects From Uncertainty of Anti-dumping Duty Updated On Wed, Dec 6th, 2017 by Saurenergy Extending his support to the industry, the minister mentioned while the decision on anti-dumping duty on solar imports is still undeclared. The Minister of power, new and renewable energy RK Singh commented that the new bidders and the existing solar energy projects should be protected from the uncertainty of antidumping duties on import of low […] Read more
Egypt Launches New Solar Power Project Updated On Mon, Dec 4th, 2017 by Saurenergy The new solar power project in Egypt is being executed by the Industrial Modernization Center and the United Nations Development Program In a significant development, Egypt has launched a new solar power project called “Grid-connected Photovoltaic Power Systems – Egypt PV”, which is implemented by the Industrial Modernization Center (IMC) and the United Nations Development […] Read more
Telangana Government to Generate 5000MW Solar Power by 2019 Updated On Tue, Nov 14th, 2017 by Saurenergy During the last three years, the Telangana state has produced 2792MW solar power which is highest by any state in the country. The Telangana Government is all set to achieve 5000 MW solar power generation by 2019, Energy Minister B Jagadesh Reddy said. Telangana State at present produces 2792 MW solar power which is highest […] Read more
Investonomics on Indian Sun is Hot! Updated On Tue, Nov 7th, 2017 by Saurenergy Today, solar power is not merely a power demand catalyst rather this sector preaches colossal economics in the world affairs. Clouds around solar sector have dynamically revolved as murmurs of its transient nature of solar power are eluded. Solar and wind projects in the country would attract USD 20 billion investment each year from next […] Read more