European Investment Bank Sanctions EUR 200 Million for Indian Large-Scale Solar Power Projects Updated On Mon, Apr 3rd, 2017 by Saurenergy The State Bank of India gets EUR 200 Million long-term loan from European Investment Bank to fund five different solar power projects in Tamil Nadu and Telangana. The European Investment Bank has confirmed new support for solar power generation in India in partnership with the State Bank of India. The EUR 200 million (INR 1400 […] Read more
Enel Starts Construction of the America ’s Largest Solar PV Project in Mexico Updated On Mon, Apr 3rd, 2017 by Saurenergy The overall 754MW solar PV plants will be operational in the second half of 2018 and is expected to generate over 1700 GWh of solar power each year. Enel, through its Mexican renewable subsidiary Enel Green Power México (“EGPM”), has started construction works at its 754 MW1 Villanueva solar PV Plant in Viesca, Coahuila State, […] Read more
Meghalaya eyeing renewable energy to meet the growing demand for electricity in the state Updated On Wed, Mar 29th, 2017 by Saurenergy Meghalaya can generate about 3,669 MW from various renewable energy sources and about 3,000 MW from solar energy. Power-starved Meghalaya is now eyeing renewable energy to meet the growing demand for electricity in the state, Power Minister Sniawbhalang Dhar has said. “The main concern facing the state today is power deficit which has greatly affected Meghalaya’s economy and the […] Read more
National Centre for the Performing Arts Gets Rooftop Solar Panels Updated On Tue, Mar 28th, 2017 by Saurenergy National Centre for the Performing Arts (NCPA) has installed Mumbai’s Largest Solar panel system on its vast terrace, expects to save one-third of its annual electricity consumption. National Centre for the Performing Arts, the major hub for city’s art and culture lovers is also well known for holding a beacon for energy conservation measures, and […] Read more
Piyush Goyal reiterates India’s commitments to combat Climate Change at the ‘World Conference on Environment 2017’ Updated On Mon, Mar 27th, 2017 by Saurenergy Piyush Goyal noted that the largest loss experienced due to climate change is to the poorest and the underprivileged section of the society Union Minister of State (IC) for Power, Coal, New and Renewable Energy and Mines, Piyush Goyal, addressing an august gathering at the ‘World Conference on Environment 2017’ said that such conferences are […] Read more
IREDA to sanction Rs 13,000 crore loan for renewables in FY18 Updated On Mon, Mar 27th, 2017 by Saurenergy Indian Renewable Energy Development Agency will be sanctioning Rs 13000 crore loan to meet the Government’s target of achieving 15 to 16 GW of renewable energy projects. State-run Indian Renewable Energy Development Agency (IREDA) will sanction Rs 13,000 crore for clean energy projects next fiscal in the country, vying for around 20 per cent of […] Read more
NTPC Plans to Achieve 32 GW Installed Capacity via Renewable Sources by 2032 Updated On Sat, Mar 25th, 2017 by Saurenergy Green masala bonds will be used by NTPC for financing renewable energy projects in accordance with applicable guidelines and regulations of Reserve Bank of India NTPC Ltd. has raised Rs. 2,000 crore through issuance of green masala bonds in overseas market under its USD 4 billion medium term note programme. The proceeds of these green […] Read more
Solar Power Tariffs in India Have Plunged by 73 Percent Since 2010 Updated On Fri, Mar 24th, 2017 by Saurenergy Since 2010, India’s solar power tariff rate has been reduced to record low, especially in the auction conducted at the Rewa Solar Park. India’s solar sector recently reached record low tariff levels in the auction conducted at the Rewa Solar Park in the state of Madhya Pradesh. India was one of the first countries to […] Read more
RPO Compliance Needs To Improve Fast for India to Meet its Solar Installation Targets: Mercom Capital Updated On Wed, Mar 22nd, 2017 by Saurenergy India needs to install 90 GW of solar in five year – at a rate of 18 GW per year. Most states have specified RPO targets. However, due to the lack of enforcement of RPO regulations and the absence of penalties when obligations are not met, many of the state DISCOMs (distribution companies) are not […] Read more
