Azure Power to Expand Electrification of Indian Railways Updated On Fri, Sep 29th, 2017 by Saurenergy Azure Roof Power will be used to provide power for 25 years to various Indian Railway facilities across 17 states and union territories. The power will be sold at a tariff range of INR 3.64 – 4.49 (US$ 0.06- 0.07) based on location. Azure Power has announced that it has won an additional 20 MWs […] Read more
French companies looking to invest in India in areas of renewables, defense, infrastructure Updated On Fri, Sep 29th, 2017 by Saurenergy A 45-member French delegation from sectors such as transport, logistics, ports & shipping, energy, environment, construction, infrastructure, digital sector, bank, insurance and legal services is in the city. French companies are exploring investment opportunities in India in areas of defence, infrastructure, renewable energy, and waste & water management & recycling. A 45-member French delegation from […] Read more
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
JLM Energy announces $25-million project finance investment Updated On Wed, Sep 27th, 2017 by Saurenergy The investment was arranged by GoldenSet Capital Partners as subadvisor to the North Sky Alliance Fund II. CohnReznick Capital was the advisor to JLM Energy in this transaction. JLM Energy, a renewable energy technology company, has announced that it has secured $25 million to finance distributed energy storage projects for Commercial & Industrial (C&I) customers. […] 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
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
PM Modi launches Pradhan Mantri Sahaj Bijli Har Ghar Yojana “Saubhagya” Updated On Tue, Sep 26th, 2017 by Saurenergy The solar power packs of 200 to 300 Wp with battery bank for un-electrified households located in remote and inaccessible areas, comprises of Five LED lights, One DC fan, One DC power plug. It also includes the Repair and Maintenance (R&M) for 5 years. PM Narendra Modi has launched a new scheme Pradhan Mantri Sahaj […] Read more
IIT (BHU) partners with CleanMax Solar to commission large-scale, Rooftop solar power plant at its campus Updated On Mon, Sep 25th, 2017 by Saurenergy Based on the ‘Pay as you go’ OPEX model, CleanMax Solar will provide solar power to IIT-BHU, at tariff rates that are cheaper than the grid tariff, thereby saving the institute over Rs. 28 lakhs per annum, as compared to conventional sources of power. IIT (BHU), Varanasi, in partnership with CleanMax Solar has commissioned a […] Read more
CleanMax Solar recognized as ‘Leading EPC – Solar – Rooftop’ Developer at REI Awards 2017 Updated On Mon, Sep 25th, 2017 by Saurenergy In addition to REI award, CleanMax Solar has also been awarded RISE 2017 award in “Excellence in Solar Park” by Mission Energy Foundation; and the National award for sustained excellence in solar energy” by World CSR forum in 2017. CleanMax Solar emerged victorious in the category of Leading EPC – Solar – Rooftop at the […] Read more