Avaada Energy Secures Rs 1000 Cr Investment From ADB, DEG and FMO Updated On Tue, Apr 9th, 2019 by Saurenergy Avaada is targeting an extensive portfolio of 5 GW solar projects across Asia and Africa of which about 2.4 GW capacities are under implementation. Avaada Energy has announced that it has received an investment of Rs 1,000 crore for financing its 2.4 GW solar energy portfolio of the targeted 5 GW capacity in Asia and Africa. The investment has come from Asian Development Bank; DEG, the […] Read more
MNRE HQ Building To Use Solar Energy & Become Net-Zero Energy Complex Updated On Tue, Apr 9th, 2019 by Saurenergy The Akshay Urja Bhawan will be located in Delhi, right opposite the premises which the ministry presently occupies in the CGO Complex here. To promote sustainable practices, the Ministry of New and Renewable Energy (MNRE) has conceptualised a “net-zero energy complex” for its new headquarters in New Delhi. The Akshay Urja Bhawan will be located […] Read more
Saudi Arabia Tipped to Become Largest Wind Market in the Middle East Updated On Tue, Apr 9th, 2019 by Saurenergy A new report has highlighted that Saudi Arabia is set to become the largest market for wind power in the Middle East by early 2020s. According to the report ‘Middle East Wind Power Market Outlook, 2019-2028’, recently released by consultancy firm Wood Mackenzie, developers in Saudi Arabia are expected to build 6.2GW of wind capacity […] Read more
Fourth Partner Energy Commissions Rooftop Solar Projects Over 3 MW in Telangana Updated On Tue, Apr 9th, 2019 by Saurenergy In Telangana, the scheme provides for government offices to switch to solar power at zero capital costs, and avail electricity at a flat rate of Rs 3.14/unit for 25 years. Fourth Partner Energy, one of India’s leading distributed solar rooftop energy company, has announced the commissioning of 8 solar projects with a capacity of 3116 […] Read more
MNRE Eyes Comments on Draft Guidelines for Series Approval of Storage Batteries for Lab Testing Updated On Tue, Apr 9th, 2019 by Saurenergy These draft guidelines has been prepared in consultation with the related stakeholders, including experts from test labs, Bureau of Indian Standards (BIS), New Delhi and Battery Storage Industry. The Ministry of New & Renewable Energy (MNRE) has sought suggestions or comments from public and related stakeholders on the guidelines drafted for series approval of storage […] Read more
GE to Supply Benin’s 1st ADMS Grid Soln; Inks 2 Deals in West Africa Updated On Mon, Apr 8th, 2019 by Saurenergy As per the deal, the company will build energy systems in Benin and upgrade three substations in Cote d’Ivoire. GE Renewable Energy’s grid solutions business has bagged two contracts in West Africa to provide its energy solutions to help foster economic development and growth in Benin and Cote d’Ivoire. As per the deal, the company […] Read more
Norway’s GPFG Sovereign Fund Permitted to Invest $14Bn in Unlisted Renewables Updated On Sat, Apr 6th, 2019 by Saurenergy The Government is allowing for the Government Pension Fund Global to be invested in unlisted renewable energy infrastructure under the dedicated environmental mandates. Norway’s sovereign wealth fund, the Government Pension Fund Global (GPFG), the world’s largest at more than $1 trillion, will soon be able to invest in unlisted renewable energy infrastructure projects, such as wind power plants and solar […] Read more
Bihar Sets Generic Tariff For Solar Projects at Rs 4.17/kWh For FY 2019-20 Updated On Fri, Apr 5th, 2019 by Saurenergy The Bihar Electricity Regulatory Commission (BERC) has set then generic tariff for procurement of solar power in the state at Rs 4.17 per kWh. In a period when faster adoption of solar and renewable energy sources is driving state commissions to set new and more feasible generic tariff rates for the new fiscal years, BERC, […] Read more
MNRE Proposes Obligatory Glass Recycling for Solar Power Generators Updated On Thu, Apr 4th, 2019 by Saurenergy The Ministry of New and Renewable Energy (MNRE) is considering to make mandatory for solar power developers to follow glass recycling procedure for solar photovoltaic (PV) panels under a new framework. “Recycling of end of life solar panel glass containing Antimony may be made mandatory on the generators as part of environmental liability” said the […] Read more
