ADB Expands Clean Energy Project in India with AIIB Co-financing Updated On Thu, Sep 28th, 2017 by Saurenergy The ADB financing comprised a $500 million government-backed loan and a further $500 million in non-sovereign lending to India’s national transmission company, Power Grid Corporation of India Limited (POWERGRID). The Asian Development Bank (ADB) has agreed to finance additional power transmission network components with co-financing from the Asian Infrastructure Investment Bank (AIIB) that will connect […] Read more
NTPC Invites Bid for 225MW of Solar Under DCR in Uttar Pradesh Updated On Thu, Sep 28th, 2017 by Saurenergy The 225MW solar power project tender comes under the Domestic Content Requirement (DCR) category, which mandates equipment to be sourced locally. India’s largest utility NTPC has invited bids from eligible bidders on Single Stage Two Envelope Basis (i.e. Envelope-I: Techno-Commercial Bid and Envelope-II: Price Bid) with Reverse Auction for development of aforesaid 225 MW Solar […] Read more
TMEIC Setups a Newly Established Power Electronics Factory in Karnataka Updated On Thu, Sep 28th, 2017 by Saurenergy The newly established a factory of TMEIC is built to further reinforce company’s power electronics business in India. Toshiba Mitsubishi-Electric Industrial Systems Corporation (hereinafter, “TMEIC”; President & CEO Masahiko Yamawaki) has newly established a power electronics factory in Tumakuru district near Bengaluru, Karnataka State, in India. The new factory which is expected to be fully […] Read more
Azure Power Bags 260 MW Solar Power Project in Gujarat Updated On Wed, Sep 27th, 2017 by Saurenergy The 260 MW allocation is the largest allocation by GUVNL to a solar power developer, 52% of the total allocated capacity of 500 MW announced. Azure Power will provide power for 25 years to GUVNL which has been rated AA- by ICRA, a Moody’s company, at a tariff of INR 2.67 (~US$ 0.04) per kWh. […] Read more
Siemens Gamesa Wins First Order For a Hybrid Wind-Solar Project in Karnataka Updated On Wed, Sep 27th, 2017 by Saurenergy The Wind Solar Hybrid (WiSH) project constitutes the hybridization of an existing 50 MW wind farm with a 28.8 MW solar power plant to be executed in the state of Karnataka, the company said in a statement. Siemens Gamesa has been mandated to develop India’s first large commercial hybrid wind-solar project, where a 28.8-MW solar […] Read more
Solar Leadership Series – Greenlight Planet Sets Stage for Rapid Pay-as-you-go Solar Growth in India Updated On Wed, Sep 27th, 2017 by Saurenergy Greenlight Planet’s own PAYG technology-enabled products (EasyBuy), has seen exponential growth in Africa since its introduction in 2015. The Solar Leadership Series, a proprietary event by Greenlight Planet brought together experts from across industries to explore the potential of Pay-As-You-Go (PAYG) technology in achieving energy inclusion. Aptly titled “Pay-As-You-Go: The Panacea for Energy Poverty”, this […] Read more
Fiji, Niger and Tuvalu deposited instrument of ratification of the Framework Agreement of the ISA Updated On Wed, Sep 27th, 2017 by Saurenergy “ISA is a reflection of our common desire to significantly augment solar power generation in our countries, and make joint efforts towards technology development and mobilization of the required investment to promote energy security and universal energy access.” Fiji, Niger and Tuvalu deposited instrument of ratification of the Framework Agreement of the International Solar Alliance […] Read more
ONGC will encourage and fund solar electric stove project: Pradhan, Petroleum and Natural Gas Minister Updated On Wed, Sep 27th, 2017 by Saurenergy “Funds from the “ONGC StartUp Program” will be used to make the idea of solar-powered electric stove a reality.” The union government on Monday said energy major ONGC will fund and encourage startups to carry out research and innovation for development of advance electric household stoves which can be powered using solar power. According to […] Read more
Huawei Brings New Standard for Utility-Scale Solar in India Updated On Tue, Sep 26th, 2017 by Saurenergy Huawei has signed a 100 MW contract with Hyderabad based PES Engineers, and introduced next generation utility-scale ground 1100 V FusionSolar Smart PV Solution including the industry-leading 1100 V 65KTL smart string inverter. Huawei collaborated with partners in showcasing FusionSolar Smart PV Solution at REI Expo 2017. Huawei chose “building a smart PV ecosystem” as […] Read more
