Amplus Energy Bids Lowest-Ever for MPUVNL’s RESCO Tender Updated On Thu, Aug 30th, 2018 by Saurenergy Amplus Energy offered tariffs in the range of Rs 1.69 per unit to Rs 2.71 per unit with a record low of Rs 1.69 per unit for the 5.2 MW aggregate capacity for the State Municipal Corporations. Amplus Energy Solutions has emerged as a front runner by winning 10.25 megawatts (MW) of solar rooftop plant […] Read more
SECI seeks Bids for Tender of 160 MW Solar-Wind Hybrid Power Plant in Andhra Pradesh Updated On Thu, Aug 16th, 2018 by Saurenergy The tender includes design, engineering, supply, construction, erection, testing & commissioning including 10 years plant O&M under International competitive bidding. Under the ‘Innovation in Solar Power and Hybrid Technologies Project’, Solar Energy Corporation of India (SECI) has floated tender for 160 MW of solar-wind hybrid power plant with Battery Energy Storage System (BESS) in Anantapur […] Read more
World Bank Okays $250 Mn for Rajasthan’s Electricity Distribution Sector Reforms Updated On Tue, Jul 10th, 2018 by Saurenergy This is the second loan for Rajasthan in the series of two operations planned for a comprehensive turnaround of the state’s electricity distribution sector. It’s first loan was closed in March 2017. The World Bank has approved USD 250 million development policy loan (DPL) aiming to help Rajasthan government in improving the performance of its electricity distribution […] Read more
Bangladesh, World Bank Ink $55 Mn Pact to Expand Renewable Energy Usage in Rural Areas Updated On Thu, May 31st, 2018 by Saurenergy The additional financing to the Second Rural Electrification and Renewable Energy Development (RERED II) Project will install 1,000 solar irrigation pumps, 30 solar mini-grids, and about 4 million improved cookstoves in rural areas. In order to expand renewable energy usage in rural areas, the Bangladesh government has inked a USD 55 million financing pact with the World […] Read more
Solar Street Lighting Market to Grow at Brisk Pace for Few Years: Research Updated On Wed, May 30th, 2018 by Saurenergy The governments of many countries such as India, China, and the US have made stringent regulations and schemes such as feed in tariffs and quota based renewable portfolio standards (RPS), or promotion of renewable sources of energy such as solar, wind power and others. A recent market research from P&S Market Research has showed that […] Read more
World Bank Approves $300 Mn to Scale Up India’s Energy Efficiency Program Updated On Sat, May 19th, 2018 by Saurenergy The program will be implemented by the EESL, to help scale up the deployment of energy saving measures in residential as well as public sectors, strengthen EESL’s institutional capacity, and enhance its access to commercial financing. The World Bank has approved a USD 220 million loan and an USD 80 million guarantee for the country’s energy efficiency […] Read more
Andhra Pradesh to Give Farmers Power to Sell Power Updated On Mon, May 14th, 2018 by Saurenergy The project will be launched on a pilot basis in Visakhapatnam, Vizianagaran and Srikakulam district. The first 75,000 solar pump sets worth Rs 3.5 lakh each will be provided to farmers in these districts. On an estimate the pilot project will cost around Rs 2,625 Crore. Andhra Pradesh government is planning to initiate a scheme […] Read more
World Bank’s Baffling Figures Reveal 85% of India Electrified Updated On Fri, May 4th, 2018 by Saurenergy India has provided electricity to 30 million people each year between 2010 and 2016, World Bank has said, adding that it is more than any other country in the world. Lauding India on its latest report, World Bank noted that India is doing ‘extremely well’ on electrifying major portion of the country. Now, nearly 85 […] Read more
New Research Brings Us Closer to Cheap, Transparent, Organic Solar Cells Updated On Fri, Apr 13th, 2018 by Saurenergy The age of fossil fuels is coming to an end, and the age of renewable energy has dawned—or, it will be dawning soon. In 2014 the World Bank estimated that over 80 percent of the world’s energy came from fossil fuels. That figure is set to drop as countries adopt ambitious goals to move towards […] Read more
