Lightsource BP Acquires 1.9 GW Solar Projects in Brazil Updated On Fri, Jul 5th, 2019 by Saurenergy Lightsource BP has acquired 1.9 GW of solar PV power projects from Enerlife, in a major move into the Brazilian solar market. Lightsource BP, a global leader in the funding, development and long-term operation of solar projects has announced the acquisition of nearly 2 GW of solar PV projects in a major move into the […] Read more
SECI Reschedules Pre-Bid Meeting for 500 MW Solar Tender Updated On Fri, Jul 5th, 2019 by Saurenergy SECI has rescheduled the pre-bid meeting for its 500 MW grid-connected solar PV power projects in Tamil Nadu. The Solar Energy Corporation of India (SECI) has issued a notification for rescheduling the pre-bid meeting for its 500 MW grid-connected solar PV power projects in Tamil Nadu (Phase 1, Non-Solar Park). In order to deliberate on […] Read more
Economic Survey: Emphasise on EVs, Supporting Policies to Reduce Total Ownership Cost Updated On Fri, Jul 5th, 2019 by Saurenergy The country must emphasise on EVs and appropriate policy measures to lower the overall lifetime ownership cost, according to the latest Economic Survey The country must emphasise on electric vehicles (EVs) as these represent the next generation in sustainable mobility and appropriate policy measures are needed to lower the overall lifetime ownership cost to make them […] Read more
Grid-Tied Solar Capacity Approaching 30 GW: RK Singh Updated On Thu, Jul 4th, 2019 by Saurenergy The cumulative grid-connected installed solar power capacity in India is approaching the 30 GW mark, as per the data revealed by RK Singh. The cumulative grid-connected installed solar power capacity in India is approaching the 30 GW mark sooner rather than later with the installed capacity at the end of May 2019, being 29,409 MW, […] Read more
PFC Raises $ 300 Million Through Syndicated Loans Updated On Thu, Jul 4th, 2019 by Saurenergy PFC raises $ 300 million through a three-year syndicated loan from SBI, Honk Kong and MUFG Bank, Singapore. The Power Finance Corporation (PFC), a state-owned non-banking financial company (NBFC) that funds power sector projects has announced that it has raised $ 300 million through a three-year syndicated loan from the State Bank of India, Honk […] Read more
Innovation, Policy Revisions and Digitization are Escalating the Energy Transition Updated On Thu, Jul 4th, 2019 by Saurenergy Renewable energy technology advances, innovation and digitization are escalating the pace of the global energy transition, according to the latest EY research Renewable energy technology advances, innovation in storage and digitization and increased distributed energy generation are escalating the pace of the global energy transition, according to the latest EY research in collaboration with IDC. […] Read more
Power Ministry’s 5-Year Action Plan Bodes Well for Renewables but with Conditions Updated On Thu, Jul 4th, 2019 by Saurenergy The Ministry of Power and MNRE have presented their 5-year plan charting the way forward for the country’s power sector. The Power Ministry and the Ministry of New and Renewable Energy (MNRE) recently presented the 5-year action plan (vision document) for the two ministries, charting the way forward for the country’s power sector. Aiming at […] Read more
Delhi Police Goes Green, to set up 200 Rooftop Solar Systems Updated On Thu, Jul 4th, 2019 by Saurenergy Delhi police has announced that it plans to set up rooftop solar energy systems in over 200 of its buildings across the city. Delhi police has announced that it plans to set up rooftop solar energy systems in over 200 of its buildings across the city. And in this regard, it has signed a pact […] Read more
ADB Grants $30 Million Loan for 100 MW Solar Project in Kazakhstan Updated On Thu, Jul 4th, 2019 by Saurenergy ADB has granted a $30 million loan to M-KAT Green LLP to build and operate a 100 MW solar plant to boost the share of renewables in Kazakhstan’s energy mix. The Asian Development Bank (ADB) has signed an agreement for a $30.5 million loan in tenge equivalent to M-KAT Green LLP—a special purpose vehicle created […] Read more