AfDB Group Okays $18.17 Mn for Kopere Solar Project in Kenya Updated On Mon, Dec 3rd, 2018 by Saurenergy Moreover, the bank is also in the process of securing a USD 11.6 million concessional loan from the Climate Investment Fund’s Scaling-up Renewable Energy Program (SREP). The African Development Bank (AfDB) Group has approved a USD 18.17 million senior loan to 40 MWac (50MWp) Kopere Solar Power Project in Kenya. The Kopere project, which falls under Kenya’s Renewable Energy Feed-in-Tariff (FiT) […] Read more
Chennai Corporation’s Buildings to go Solar Under the Smart City Project Updated On Fri, Nov 30th, 2018 by Saurenergy Working under the smart city initiative, government offices, schools, and hospitals under the Corporation will generate a total of 3.06 MW of electricity. Moving towards a sustainable future, Greater Chennai Corporation is going to provide electricity for 662 buildings under its ambit with the use of solar power. Working under the smart city initiative, government […] Read more
Rise of Renewable Energy to Put Competitive Pressure on Coal Plants: Fitch Updated On Thu, Nov 29th, 2018 by Saurenergy The report further said that the share of renewable energy sector will be further boosted by falling technology cost and increasing availability of cheaper finance. Despite the dominance of coal as a major source of electricity, a steady shift towards renewable energy is slated create competitive pressure on some thermal power plants, especially in developing […] Read more
European Commission Approves 600 Million Euros in State Aid to French Solar Projects Updated On Thu, Nov 29th, 2018 by Saurenergy The approval has been given under EU State aid rules which prohibits financial support by the government towards a business entity unless it is justified The European Commission has given its approval to a measure of providing stat sponsored financial support of 600 million euros innovative solar power installations in France. The approval has been […] Read more
TANGEDCO Issues Tender for 500 MW Grid-Connected Solar Project Updated On Wed, Nov 28th, 2018 by Saurenergy The project will be awarded based on a reverse auction to be held on a specified date, the upper ceiling for the bidding is set at Rs 3.00 per unit. Moving towards solar energy, Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) has invited bids from solar power generators for the procurement of 500 MW […] Read more
Radite Energy Bags 65 MW Project From Azure Power in Rajasthan Updated On Thu, Nov 22nd, 2018 by Saurenergy This is the fourth project which Radite Energy has bagged from Azure power. The previous projects were in Andhra Pradesh, Gujarat and Karnataka. Radite Energy, a complete turnkey solution provider for solar energy in India, has secured 65 MW project in Bhadla, Rajasthan from Azure Power. This is the fourth project which Radite Energy has […] Read more
Finance to Close Global Energy Access Gaps Dramatically Off-Track to Meet 2030 Targets: SEforALL Updated On Wed, Nov 14th, 2018 by Saurenergy Data shows finance for coal tripled in past year, but innovative off-grid solutions and finance models offer opportunities to meet Global Goals. Finance required to close electricity and clean cooking access gaps remains dramatically short of what is needed to meet global energy goals by 2030, leaving the world’s most vulnerable people behind, according to […] Read more
PROINSO Offers Free Access of Plant Monitoring Software to Indian Clients Updated On Wed, Nov 14th, 2018 by Saurenergy This offer is exclusive to PROINSO’s customers in India and can help save up to USD 500 per project. UK-headquartered PROINSO has partnered with Inspire Clean Energy (ICE) to offer its project clients one year of free access to the market-leading solar PV plant monitoring software. This offer is exclusive to PROINSO’s customers in India […] Read more
Tata Power bags “GOLD” & “Best Project From India” at the International Convention on Quality Control Circles (ICQCC) 2018 Award Updated On Fri, Nov 9th, 2018 by Saurenergy Tata Power, India’s largest integrated private power utility took center stage at the recently held International Convention on Quality Control Circles (ICQCC) 2018 by bagging three GOLD awards in Innovation & Quality Control Circles. The three Quality Circle teams a) Utkarsha from Trombay b) Prerana from Distribution c) Tejas from Jojobera were bestowed with the most prestigious GOLD award for their […] Read more