VGF Program Guidelines Amended for Solar Projects Updated On Thu, Jun 21st, 2018 by Saurenergy Ministry of New and Renewable Energy (MNRE) has made amendments in guidelines for the implementation of the viability gap funding for solar photovoltaic projects. Under the National Solar Mission (NSM) Phase-II, Ministry of New and Renewable Energy (MNRE) has made amendments in guidelines for the implementation of the viability gap funding for solar photovoltaic projects. In the […] Read more
MNRE Extends Commissioning Date of GST Affected Solar Projects Updated On Thu, Jun 21st, 2018 by Saurenergy The extension to the project developers was provided by the Solar Energy Corporation of India (SECI), National Thermal Power Corporation (NTPC), and other implementing agencies. After the frictions faced by multiple developers due to the imposition of Goods and Services Tax (GST) and other related issues, the Ministry of New and Renewable Energy has issued […] Read more
India Extends $20 Mn Concessional Financing for Solar Project in Suriname Updated On Thu, Jun 21st, 2018 by Saurenergy In addition, India will extend a line of credit of USD 27.5 million to support a power transmission project in Pikin Saron area, says President Kovind. In a move to provide clean energy to a cluster of 49 villages, President of India Ram Nath Kovind said that India will extend concessional financing of USD 20 million […] Read more
Govt to Launch Single Solar Power Bid of 100,000 MW: R K Singh Updated On Thu, Jun 21st, 2018 by Saurenergy India is making rapid strides in the field of renewable energy and we will overshoot the target of 175GW renewable energy by 2022. Propelling the growth trajectory in renewable energy, the government is planning a single solar bid of 1 lakh MW for the generation, storage and manufacturing of solar equipment in the country. While […] Read more
Renesola Sells North Carolina Solar Project to Greenbacker Updated On Wed, Jun 20th, 2018 by Saurenergy As per the deal, this project will sell all power generated to the local utility under a 15-year purchase agreement. Chinese solar company ReneSola has sold its utility-scale North Carolina project to New York-based Greenbacker Renewable Energy Company. This North Carolina solar project has a capacity of 6.75 MW and represents the Chinese company’s second project sale to Greenbacker, following […] Read more
Indian Railways to Become Net Zero Carbon Emitter by 2030: Goyal Updated On Wed, Jun 20th, 2018 by Saurenergy The Minister was speaking in an event organized by the Confederation of Indian Industry (CII) in collaboration with the Railway Board. Citing the transformation in the country, Railway Minister, Piyush Goyal said, by the year 2030 the Indian railways will become a net zero carbon emitter. The Minister was speaking in an event organized by […] Read more
NMC, PGCIL to Set up Floating Solar Power Plant on Gorewada Lake Updated On Wed, Jun 20th, 2018 by Saurenergy Water treatment plant (WTP) that is adjacent to the lake will be the first beneficiary of the power generated from the panels. Nagpur Municipal Corporation (NMC) and Power Grid Corporation of India Limited (PGCIL) has decided to set up a floating solar power plant on Gorewada Lake to fulfill its electricity needs. This project is […] Read more
Ellomay Arm Inks EPC Pact with METKA for 300 MW Spanish Talasol Project Updated On Tue, Jun 19th, 2018 by Saurenergy This is a very significant milestone in the advancement of the Talasol project, which is expected to be one of the largest photovoltaic projects in Europe and one of the first projects to work on grid parity, that is, without subsidies, says Ran Fridrich. Israel-headquartered renewable energy company Ellomay Capital’s arm Talasol Solar has entered into an […] Read more
MP Implements 26 MW Rooftop Solar Programs Via RESCOs Updated On Tue, Jun 19th, 2018 by Saurenergy Under the RESCO model, the project developer invests, builds and operates the rooftop solar project using its own funds and/0r taking debt to generate electricity and sell it to the beneficiary. In order to enhance their solar dependency, Madhya Pradesh, via Renewable Energy Service Company (RESCO) mode, is implementing 26 MW multiple rooftop solar programs in […] Read more
