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Green Energy

World Bank’s IFC to Invest $75 Mn in AC Energy’s Green Bond

The proceeds from the AC Energy green bonds will be used to finance the company’s plans for up to 5GW of renewable energy projects in East Asia and Pacific. IFC, a member of the World Bank Group, will invest $75 million in the first-ever listed green bond issued by AC Energy Finance International Limited and […]

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Interview with Sushil Bansal, Founder & Managing Director, Novasys Greenergy

 Novasys Greenergy, a part of Sangita Coal Group, and now a well-diversified entity operating in renewable, non-renewable, telecom, food & real estate sectors. In an exclusive interview with Saur Energy International during the 10th edition of Intersolar India 2018 at Bangalore, Sushil Bansal, Founder & Managing Director, Novasys Greenergy shared his views on various topics […]

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Greenbacker Renewable Energy Buys 10.8 MW portfolio From Sol Systems

The two projects, Project Blue Star and Project Phoenix, which are collectively known as the the Phoenix Solar Portfolio, are located in Kent County and Prince Georges County, Maryland. Greenbacker Renewable Energy has announced today that it has purchased the rights to a 10.8 MW portfolio of two solar projects from Sol Systems. The two […]

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SB Energy, Adani Green Win 840 MW at SECI’s Hybrid Auction

SB Energy has won the project at Rs 2.67 per unit of electricity generated while Adani Green Energy won at Rs 2.69 per unit at the auction. In the Solar Energy Corporation of India’s (SECI’s) first wind-solar hybrid auction of 1,200 MW capacity, SoftBank-backed SB Energy and Adani Green Energy won 450 MW and 390 MW respectively. Further, […]

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Viz-A-Viz with Sushil Bansal, Founder & Managing Director, Novasys Greenergy Pvt Ltd

Q. As initially, Novasys Greenergy was established for coal trading purpose. How the idea of diversifying into solar space came into existence? Our coal trading activity over past quarter of a century has been conducted under the aegis of Sangita group, which is operational in coal. Being engaged in Energy business as above, we realized […]

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Delhi Govt comes up with ‘Green Budget’ to Focus on EVs, Solar Energy

The AAP government presented a Rs 53,000 crore budget for 2018-19 fiscal, and is the first ‘Green budget’ of the government aimed at effective containment of pollution in the city. In a first, the budget presented by the AAP government in the Delhi Assembly has given thrust on “green” initiatives by laying emphasis on environment, […]

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Green Initiative’: NER to Look Out For Energy Substitutes

As indicated by railway authorities, at the show, they are paying Rs 7 for a unit, however, once the solar power unit gets utilitarian. Under its ‘Green Initiatives’ drive, the North Eastern Railway is good to go to change from customary wellspring of energy to elective vitality by setting up solar power units on the […]

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