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
President of India gives away National Energy Conservation Awards and National Painting Competition Prizes for 2017 Updated On Thu, Dec 14th, 2017 by Saurenergy Industry must cooperate with Government to set up Energy Banks, to meet increasing Energy demand in the Country: Shri Ram Nath Kovind India to reduce Energy Intensity of Economic Growth by one-third by 2030, aim towards Responsible Growth: Shri R.K. Singh India to exceed its Renewable Energy target of 175 GW, to comfortably cross 200 […] Read more
Solar Panel Warranty Insurance Policy Introduced by ICICI Lombard Updated On Wed, Dec 13th, 2017 by Saurenergy The park developers and park owner will be the sole beneficiary as insured, which the Solar Panel Warranty Insurance aims to cater at large. Solar park developers can now be covered by ICICI Lombard General Insurance, the company recently announced. While announcing the company stated “The standalone insurance product gives comfort to lenders and investors […] Read more
INDIA Marches Ahead Updated On Wed, Dec 13th, 2017 by Saurenergy As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […] Read more
India’s Ultra-Mega Solar Project To Be Discussed At France Summit: World Bank Chief Updated On Mon, Dec 11th, 2017 by Saurenergy The ultra-mega solar power projects are a series of solar power projects planned by India to enhance its capacity from 20,000 MW to 40,000 MW. India’s ultra-mega solar project will come up for discussion at the One Planet Summit in France this week, World Bank President Jim Yong Kim has said. The ultra-mega solar power […] Read more
International Solar Alliance to Develop an Insurance Scheme Updated On Fri, Dec 8th, 2017 by Saurenergy International Solar Alliance has created an international expert group to work on blue print of the mechanism which is expected to come out in next year. The International Solar Alliance (ISA), which became a treaty-based global entity on December 6, is planning to develop an insurance scheme – Common Risk Mitigating Mechanism – to protect […] Read more
Old Mutual to Build 50 MW Solar Power Plants in Zimbabwe Updated On Thu, Dec 7th, 2017 by Saurenergy The projects will entail the construction of two solar power plants in Gwanda and Chipinge Old Mutual plans to construct solar power projects in Zimbabwe with capacity to generate at least 50 megawatts, a senior official has said. The projects will entail the construction of two solar power plants in Gwanda and Chipinge, Old Mutual […] Read more
Australia Formally Joins International Solar Alliance, Says Will Support Renewable Energy Updated On Thu, Dec 7th, 2017 by Saurenergy Australia’s expertise in solar technologies and research will be shared globally with the formal creation of the International Solar Alliance. Australia has joined the International Solar Alliance, saying it will support the government’s commitment to clean energy cooperation and help meet the Paris Agreement emission targets, its Minister for Foreign Affairs said. “Australia’s expertise in […] Read more
Game of Forecast Updated On Thu, Dec 7th, 2017 by Saurenergy As per F&S regulations, it is clear that the wind and solar power generators connected to the State grid shall, either by themselves or through a QCA or through an Aggregator, Considering National Action Plan on Climate Change, Nationally Determined Contributions (NDCs), India’s national policies and other initiatives encouraging renewable, India has a massive target […] Read more
