ADFD & IRENA Started Accepting Applications For Funding Opportunities For Renewable Energy Projects Updated On Thu, Nov 16th, 2017 by Saurenergy The Facility allocated US$189 million to 19 renewable energy ventures across the globe, covering up to 50 per cent of the project costs. The International Renewable Energy Agency (IRENA), in partnership with the Abu Dhabi Fund for Development (ADFD), is inviting applications for renewable energy projects in developing countries. Within the framework of the ADFD-funded […] Read more
Tender for a 200MW Solar Plant are Now Open by Karnataka Renewable Energy Development Limited (KREDL) Updated On Mon, Nov 13th, 2017 by Saurenergy The company winning the tender will also provide operation and maintenance (O&M) services for a period of 10-years. The Karnataka Renewable Energy Development Limited (KREDL) has started inviting tenders for a 200 MW of solar plant to be developed at Karnataka’s Pavagada Solar Park. The agency responsible for implementing renewable energy will accept the bids […] Read more
Mumbai’s Pharmacy College Gets 70 Percent of Electricity from 453 Solar Panels Updated On Mon, Nov 13th, 2017 by Saurenergy The rooftop solar panel system generates about 15,399 units of electricity per month and saves Rs 1.6 lakh every month of electricity bills. Mumbai’s pioneering institution Bombay College of Pharmacy in Kalina generates its 70 percent of electricity from 453 solar panels. The 140 kilowatt solar power system (kWp) allows the college to save around […] Read more
Solar Energy Insurance for Utility Scale Projects Updated On Mon, Nov 13th, 2017 by Saurenergy With each step towards achieving 100GW solar power goal by 2022, the momentous development of solar insurance and reinsurance market in India could not come at a better time. When it comes to new and innovative financing models, growing number of large-scale solar PV power plants and reduction in the feed-in tariff has spurred the […] Read more
1.5 MW Small Hydro Power Plant in Biaras Drass, Kargil (J&K) becomes first project to be commissioned under Prime Minister’s Ladakh Renewable Energy Initiative Updated On Fri, Nov 10th, 2017 by Saurenergy Power Project would meet normal power requirement of about 1000 families The Biaras Small Hydro Power Project (SHP) of 1.5 MW capacity, in Biaras Drass, Kargil Jammu & Kashmir, was commissioned on 4th November 2017. The total cost of the project, fully funded by the Ministry of New & Renewable Energy, is Rs. 17 crores […] Read more
NV Energy Seeks Approval for Three New Solar Energy Projects Updated On Thu, Nov 9th, 2017 by Saurenergy NV Energy has submitted a separate request with the Public Utilities Commission of Nevada to utilize the NV GreenEnergy Rider program to help a major customer offset 100 percent of its next phase of growth with solar energy. In its continuing effort to serve its customers with low-cost renewable energy, NV Energy filed a request […] Read more
87MW of Solar Power Projects Commissioned in India by EDEN Updated On Wed, Nov 8th, 2017 by Saurenergy Uttarakhand Power Corporation and Madhya Pradesh Power Management Company Limited will receive power generated from the three solar plants respectively. A total of three solar projects of 87MW capacity have been commissioned in the states of Uttarakhand and Madhya Pradesh by EDEN, a joint venture between EDF EN and EREN Renewable Energy. The three solar […] Read more
Softbank Collaborates with Saudi Wealth Fund to Frame Solar Energy Plan Updated On Fri, Nov 3rd, 2017 by Saurenergy The energy plan will set out a new framework for developing Saudi Arabia’s solar sector, while the solar project will be executed by Saudi Electric Company (SEC) in which PIF has 74.3% stake. SoftBank has joined hands with Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) to frame a ‘Solar Energy Plan 2030’ for […] Read more
Key technology trends shaping the Global Solar Industry Updated On Mon, Oct 23rd, 2017 by Saurenergy Innovation in Finance When asked about the direction of innovation in financing for clean energy Manish Chaurasia, Managing Director, Tata Cleantech Capital Ltd. (TCCL) said, there is a lot of innovation happening in clean energy financing on a global scale. From securitization of assets to setting up of yield to monetize and plough back capital, […] Read more
