EIB Invests $150m to Fund Clean Energy Projects in Peru Updated On Fri, Dec 22nd, 2017 by Saurenergy The two projects are expected to be operational in the first six months of 2018 and will have a total installed capacity of 312MW The European Investment Bank (EIB) is going to invest $150m to the development and operation of a windfarm and photovoltaic (PV) solarpower project in Peru, a country in western South America. […] Read more
India Can Save Up to Rs 54,000 Crore by Replacing Coal Plants with Renewables: Green Peace India Updated On Fri, Dec 22nd, 2017 by Saurenergy Solar power has reached a new record low of Rs 2.44 and the wind at 2.64 dropped below the 3/kWh as per the new tariff bids, said the analysis. Green Peace India has analyzed that the country can reduce air pollution upon the replacement of exorbitant coal plants by renewable and can even save up […] Read more
Ministry of New & Renewable Energy issues Concept Note on Solar PV Manufacturing Scheme Updated On Thu, Dec 21st, 2017 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has prepared a concept note on Solar PV Manufacturing Scheme to build up manufacturing capacity of solar PV modules, cells, wafers/ ingots and polysilicon in India. It is proposed to support manufacturers of solar PV cells and modules to expand and upgrade the existing facilities or to […] Read more
Details of Solar, Wind and Biomass Based Power Generation Updated On Thu, Dec 21st, 2017 by Saurenergy Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Lok Sabha today, informed about the State-wise details of solar and wind power generation during each of the last three years and the current year. (all figures in MU) 2014–15 2015–16 2016–17 2017–18 […] Read more
Generation of Electricity from Municipal Solid Wastes Updated On Thu, Dec 21st, 2017 by Saurenergy Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Lok Sabha today, informed that only one Waste to Energy project from South Delhi Municipal Corporation was received and approved for funding under the Swachh Bharat Mission (SBM), being implemented by the […] Read more
Govt to Achieve Target of 100 GW of Solar Power by 2022: R K Singh Updated On Thu, Dec 21st, 2017 by Saurenergy The government is confident of achieving the target of 100 GW of solar power capacity by 2022 says Power Minister. The Union Government is confident of achieving the target of 100 Gigawatt (GW) of solar power capacity by 2022, Minister of State (Independent Charge) for Power and Renewable Energy R K Singh said. While speaking […] Read more
Astronergy to Supply 80MW Solar Modules for Atlas Renewable Energy Project in Brazil Updated On Thu, Dec 21st, 2017 by Saurenergy The solar modules supplied to Atlas Renewable Energy will be used in 80MW Sol do Futuro solar power plant located in in Aquiraz, Ceará, Brazil, and will be delivered by the second quarter of 2018. Chint Sola, also known as Astronergy signed an 80MW solar modules supply contract with Atlas Renewable Energy, which is developing […] Read more
Rays Future Energy Executes 60MW of Capacity Under Open Access In India Updated On Wed, Dec 20th, 2017 by Saurenergy Rays Future Energy will focus on the development of the private off-taker market to provide renewable energy solutions to the private off-taker market under both the distributed and open access based models over the next few years, starting with Karnataka. Rays Future Energy, a subsidiary of integrated solar power company Rays Power Infra, said it […] Read more
YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector Updated On Wed, Dec 20th, 2017 by Saurenergy The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […] Read more
