YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector Updated On Wed, Dec 20th, 2017 by Saurenergy The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […] Read more
Solar Power Generating Capacity in South Korea to Increase by Five Times by 2030 Updated On Wed, Dec 20th, 2017 by Saurenergy South Korea plans to add 30.8 gigawatts of solar power generating capacity and 16.5 gigawatts of wind power capacity by 2030. South Korea plans to increase its solar power capacity by five times current amounts by 2030 to boost use of renewable sources in the nation’s energy mix, reuters news agency reported. Since President Moon […] Read more
Three Solar Projects to Be Launched By Vietnam Based TTC, In First Half of 2018 Updated On Wed, Dec 20th, 2017 by Saurenergy With a combined investment of about 3 trillion dong ($132 million), the three projects in central and southern provinces of Vietnam will have a total capacity of around 150 megawatts (MW). Vietnam based TTC Corp expects to start construction work for the country’s first three solar power projects in the first half of 2018, its chairman announced. […] Read more
ACME Solar Holdings and HG Infra Engineering Gets SEBI Approval to Launch Initial Public Offerings Updated On Tue, Dec 19th, 2017 by Saurenergy The financing of company’s Rajasthan based 200MW solar power project and debt payment and few other corporate purposes are on the list in which the raised funds from the issue to be used. ACME Solar Holdings and HG Infra Engineering are the two companies to whom the SEBI has issued approval to launch initial public […] Read more
Government takes steps to avoid holding up of Solar Panels and Accessories at Ports Updated On Tue, Dec 19th, 2017 by Saurenergy Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Rajya Sabha today, informed that the Ministry of New & Renewable Energy has received representations conveying that consignments of solar panels imported from other countries are held up at some of the […] Read more
Major Policy Initiatives undertaken by Government for increasing share of Renewable Energy in total installed capacity Updated On Tue, Dec 19th, 2017 by Saurenergy Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Rajya Sabha today, informed about the major policy initiatives undertaken after June 2014 for increasing the share of renewable energy in total installed capacity. These are as under: – Announced a cumulative […] Read more
15,183 villages electrified in the country out remaining 18,452, as on 30th November, 2017: Shri R.K. Singh Updated On Tue, Dec 19th, 2017 by Saurenergy Free Electricity Connections released to 44.41 lakh BPL households under DDUGJY across the country during the last 3 years Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Rajya Sabha today, informed that as on 1st April, 2015, there were 18,452 […] Read more
Fronius India Aims to Double Turnover in Two Years Updated On Tue, Dec 19th, 2017 by Saurenergy Fronius India plans to expand their solar inverter business by entering east and central India, where they see tremendous opportunities for growth. Fronius India, one of India’s leading supplier of solar PV string inverters, is aiming to double its turnover by fiscal 2019. Commenting on aiming to achieve a considerable increase in market share, […] Read more
Nepal Government to Buy Locally Produced Solar Power at Rs 7.30 Per Unit Updated On Tue, Dec 19th, 2017 by Saurenergy Nepal Electricity Authority has already decided to purchase the solar power from individual households and connect it to the national grid. The Nepal government plans to buy domestically produced solar power at Rs 7.30 per unit. Nepal Electricity Authority has already decided to purchase the solar power from individual households and connect it to the […] Read more
