ADB $500 million funding soon for private sector infrastructure in Asia and Pacific Updated On Wed, Oct 4th, 2017 by Saurenergy ADB expects these initial projects will generate about USD 1.4 billion in total financing, including USD 264.5 million from ADB’s own capital and an additional USD 890 million from co-financing partners. Asian Development Bank (ADB) said it is actively processing USD 500 million (about Rs 3,275 crore) as debt and equity funding for private infrastructure […] Read more
Making Smart India Updated On Fri, Sep 29th, 2017 by Saurenergy It is believed that the most attractive and fastest growing cities in 2023 will be those that embrace the need to create sustainable intelligent communities where the citizens, administration and the government work together constructively to produce regional energy that can be either consumed or supplied to local networks, using local resources and consumed on […] Read more
Adobe Bengaluru Campus fulfills 100% of its Power Demand Through Renewable Energy, Signs 2.5 MW Grid-Scale PPA with CleanMax Solar Updated On Mon, Sep 18th, 2017 by Saurenergy Adobe has signed a 2.5 MW grid-scale solar power purchase agreement (PPA) with CleanMax Solar to operate off-site solar farms located in the Tumkur and Bellary districts of Karnataka. Adobe India today announced that its Bengaluru campus has become among the first in the state of Karnataka to meet 100 percent of its power consumption […] Read more
Mytrah Energy to acquire startup to expand innovation quotient: Report Updated On Thu, Sep 14th, 2017 by Saurenergy Mytrah is also looking to collaboration with T-Hub to engage with multiple startups in the clean energy space Hyderabad based Mytrah Energy is reportedly planning to acquire a startup that offers innovative solutions. Mytrah Group chief executive officer Vikram Kailas speaking to TOI said “we are a firm believer that innovation comes from smaller companies. […] Read more
State distribution companies (discoms) are biggest obstacle on open access for solar power Updated On Fri, Sep 8th, 2017 by Saurenergy Open access (OA) was one of the main components of the Electricity Act (2003), introduced in an effort to attract private investment in the electricity generation sector, thereby encouraging competition. There is an increasing opportunity to innovate in solar markets in India thanks to the rapidly declining price of photovoltaics (PV). While large-scale ground-mounted solar […] Read more
Amplus Energy inks PPA deal with Honda Motorcycle and Scooter India for 30MW solar energy Updated On Fri, Aug 11th, 2017 by Saurenergy Honda Motorcycles will meet 85 per cent of plant’s energy needs through solar power supplied by Amplus Energy. Amplus Energy Solutions on Thursday announced that it has inked a Power Purchase Agreement (PPA) deal with Honda Motorcycle and Scooter India to provide 30MW solar energy. The solar power will be provided to Honda’s Narsapura Karnataka […] Read more
Solar Energy Installed Capacity Touched 13652 MW : Piyush Goyal Updated On Thu, Aug 10th, 2017 by Saurenergy The minister also informed that the States of Andhra Pradesh, Gujarat, Karnataka, Madhya Pradesh, Rajasthan, Tamil Nadu and Telangana have crossed the solar energy installed capacity of 1 GW, as on 31.07.2017. Piyush Goyal, Minister of State for Power, Coal & New and Renewable Energy and Mines in a written reply to a question […] Read more
Subsidy of Rs. 246.84 crore disbursed under Decentralized Distributed Generation in last three years Piyush Goyal Updated On Fri, Aug 4th, 2017 by Saurenergy Under the Decentralized Distributed Generation (DDG) of Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY), electricity access is provided to all the villages/habitations where grid connectivity is either not feasible or not cost effective including those situated in backward and remote areas of the country. This includes mini grids and standalone systems. The Minister of State For Power, Coal, New & […] Read more
SOLAR AND PAPER INDUSTRY ALIGNED Updated On Wed, Aug 2nd, 2017 by Saurenergy The paper industry in India has become more promising as the domestic demand is on the rise. Increasing population and literacy rate, growth in GDP, improvement in manufacturing sector and lifestyle of individuals are expected to account for the growth in the paper industry of India. Notwithstanding, paper sector is one of the most energy-critical […] Read more
