Greenbacker Renewable Energy Buys 10.8 MW portfolio From Sol Systems Updated On Thu, Dec 13th, 2018 by Saurenergy The two projects, Project Blue Star and Project Phoenix, which are collectively known as the the Phoenix Solar Portfolio, are located in Kent County and Prince Georges County, Maryland. Greenbacker Renewable Energy has announced today that it has purchased the rights to a 10.8 MW portfolio of two solar projects from Sol Systems. The two […] Read more
‘Desert to Power Initiative’ to Provide Solar Electricity to Sahel Region Updated On Wed, Dec 12th, 2018 by Saurenergy Tapping in the vast solar energy potential of the region, the initiative is slated to provide green electricity including in some of the world’s poorest countries. In a bid to eradicate energy poverty for 250 million people in the Sahel region of Africa, the African Development Bank (AfDB) is spearheading the ‘Desert to Power Initiative’ […] Read more
MNRE Again Amends Guidelines for Viability Gap Funding Updated On Wed, Dec 12th, 2018 by Saurenergy Earlier, SECI had the power to delay the project by three months in such situations and any extension beyond three months had to be approved by the ministry. The ministry of New and Renewable energy has yet again amended the guidelines which it issued earlier regarding setting up of solar parks of more than 2 […] Read more
Solar Energy Production in the year 2018-19 was 21.365 Billion Units Updated On Wed, Dec 12th, 2018 by Saurenergy Central Electricity Authority (CEA) has reported that the total solar energy production in the year 2018-19 was 21.365 Billion Units (BUs), as on 31.10.2018. The year-wise details of solar energy production since, 2015 are given as under: – S. No Year Generation from Solar Projects (BUs) 1. 2015-16 7.448 2. 2016-17 13.499 3. 2017-18 25.871 […] Read more
India to Add 10000 MW Renewable Energy Capacity in 2020: Icra Updated On Wed, Dec 12th, 2018 by Saurenergy The current trend prediction comes on the back of the fact that the share of renewable energy has been steadily rising in India’s energy mix. Renewable energy capacity addition can be expected to be around 10000 MW in financial year 2019-2020, rating agency Icra has said while maintaining a stable outlook for the renewable energy […] Read more
ISA-EU Sign Agreement to Promote Solar Energy Updated On Wed, Dec 12th, 2018 by Saurenergy ISA, which is a joint initiative of India and France, was launched in 2015 to help the 121 member countries in increasing the utilization of the potential solar energy. India led ISA and the European Union signed an agreement to enhance solar energy on the sidelines of the ongoing Conference of the Parties to the […] Read more
Fourth Partner Commissions 500 kWp Solar Rooftop Plant in JNU Updated On Tue, Dec 11th, 2018 by Saurenergy The solar rooftop plant was jointly inaugurated by United States ex-Secretary of State, John Kerry and Vice Chancellor of JNU, Prof. M. Jagadesh Kumar. Fourth Partner Energy has commissioned a 500 kWp solar rooftop plant in Jawaharlala Nehru University. The solar rooftop plant was jointly inaugurated by United States ex-Secretary of State, John Kerry and […] Read more
MYSUN Commissions Rooftop Solar Plant at St Xavier’s Mumbai Updated On Tue, Dec 11th, 2018 by Saurenergy The plant was inaugurated by Adi Godrej, Chairman of the Godrej Group and Nadir Godrej, Managing Director of Godrej Industries, both being illustrious alumni of the school. MYSUN has successfully commissioned a grid-connected rooftop solar plant at St Xavier’s School in Mumbai. The plant was inaugurated by Adi Godrej, Chairman of the Godrej Group and […] Read more
NABARD Inks USD 100 Million Pact with Green Climate Fund for Solar Rooftops Updated On Mon, Dec 10th, 2018 by Saurenergy The USD 250 million project, to be executed by Tata Cleantech Capital Ltd, will receive the GCF support through NABARD, which is the National Implementing Entity (NIE). Pushing for rooftop solar in India, the National Bank for Agriculture and Rural Development (NABARD) has signed an agreement with the Green Climate Fund (GCF) to infuse $100 […] Read more