EIB Approves Euro 1670 Million Fund For Strengthening Sustainable Transport and Clean Energy Investments Updated On Fri, Feb 8th, 2019 by Saurenergy The investments in renewable energy initiatives are a part of the bank’s programme that saw EUR 4.8 billion of new financing. The European Investment Bank (EIB) has approved a total of EUR 1670 Million for strengthening sustainable transport and supporting the development of renewable energy in Europe, Africa, and Asia. The EIB-backed financing will support […] Read more
Chandigarh Administration Seeks Power Usage Details With Plans to Go Solar Updated On Thu, Feb 7th, 2019 by Saurenergy The Chandigarh Administration has asked different departments in the Union Territory with their own buildings to provide details of their power consumption to the UT, as it plans to install rooftop solar power systems on government buildings. The Chandigarh Administration has asked different departments in the Union Territory with their own buildings to provide details of their power […] Read more
CCEA Approves Proposal For Setting Up 12 GW Solar Projects Updated On Thu, Feb 7th, 2019 by Saurenergy The Scheme will mandate the use of both solar photovoltaic cells and modules manufactured domestically. The Cabinet Committee on Economic Affairs (CCEA) has approved the Ministry of New & Renewable Energy’s (MNRE) proposal for implementation of the Central Public Sector Undertaking (CPSU) Scheme Phase-ll for setting up 12,000 MW grid-connected Solar Photovoltaic (PV) Power Projects, […] Read more
Government of India has been making concerted efforts for Developing Energy Storage Technologies Updated On Thu, Feb 7th, 2019 by Saurenergy The Government of India has been making concerted efforts for developing energy storage technologies for managing the variable generation from renewable energy sources, including solar power. In this regard, an Expert Committee chaired by Secretary, Ministry of New and Renewable Energy, has proposed draft National Energy Storage Mission that strives for leadership in the energy […] Read more
SECI Reschedules Pre-Bid Meeting for 3 GW Manufacturing Linked Solar Tender Updated On Thu, Feb 7th, 2019 by Saurenergy The pre-bid meeting scheduled for February 13, 2019, has been rescheduled for February 18, 2019. The Solar Energy Corporation of India (SECI) has rescheduled the pre-bid meeting for its RfS issued for selection of solar power developers for setting up of 3 GW ISTS connected solar PV power plant linked with setting up of 1.5 […] Read more
Govt. implements various programs/schemes for promotion of grid interactive renewable energy Updated On Thu, Feb 7th, 2019 by Saurenergy The Government is already implementing various programs/schemes for promotion of grid interactive renewable energy such as solar, wind, bio-power and small hydro power in the country. The details of major steps taken by the Government to attract investment in the renewable energy sector are as follows: – Waiver of Inter State Transmission System (ISTS) charges […] Read more
With 10 GW targets for 2019 in Wind and Solar, SECI has its task cut out Updated On Thu, Feb 7th, 2019 by Saurenergy The focus this year will be on storage, and possibly, hybrid ‘wind-solar’ projects. After a rather ‘disappointing’ 2018, when large cancellations made an appearance for the first time, besides the uncertainty around GST, duties, and even state level flip flops, 2019 promises to be a tough year for SECI. We look at what it might […] Read more
Budget 2019: Govt Hikes Allocation under FAME Scheme by 34.5% to Rs 195 Cr Updated On Wed, Feb 6th, 2019 by Saurenergy The government had allocated Rs 145 crore for the current financial year, as per the Union Budget revised data for the financial year 2018-19. With an aim to provide further boost for the adoption and manufacturing of electric vehicles in India, the Central Government has increased the sum allotted under its ambitious FAME India (Faster […] Read more
SoftBank Led SB Energy Leads Bidding on SECI 1200 MW Wind Auction Updated On Wed, Feb 6th, 2019 by Saurenergy Bids totalling 2,325-MW capacity were received by SECI in response to the 1200 MW tender. A host of other industry majors including SoftBank led SB Energy have marked their interest in Solar Energy Corporation of India’s (SECI) latest 1200 MW wind power tender. SB Energy has made its first bid for a standalone wind project […] Read more
