IREDA & MNRE Peg Annual Performance Target for 2022-23 at 18% Higher Than Previous Year Updated On Fri, Jan 20th, 2023 by Saurenergy Indian Renewable Energy Development Agency Ltd (IREDA) has entered into an agreement with the Ministry of New and Renewable Energy (MNRE), towards the purpose of setting annual performance target for the year 2022-23. The goal has been pegged by the Government of India at Rs 3,361 crores for Revenue from Operation. This is an increase […] Read more
IFC to Help Kyrgyzstan Develop Renewable Projects Through PPP Model Updated On Thu, Jan 19th, 2023 by Saurenergy The International Finance Corporation (IFC) – a key agency of World Bank – has partnered with the Kyrgyzstan government under the World Bank Group’s Scaling Solar program to develop up to 100-150 MW of grid-connected solar power. IFC said that this will help Kyrgyzstan to diversify its energy mix and increase its renewable power capacity. […] Read more
Masdar, Azerbaijan’s SOCAR Sign Deal to Develop 4 GW Renewable Energy Projects Updated On Wed, Jan 18th, 2023 by Saurenergy Expanding its already established-role in Central Asia, UAE flagship company developing renewable energy, Masdar has announced new deal with the State Oil Company of the Republic of Azerbaijan (SOCAR) to develop onshore wind and solar projects. Masdar will also develop integrated offshore wind and green hydrogen projects. The total combined capacity of projects has been […] Read more
IREDA’s Partnership with EV Financing NBFC Mufin Green Updated On Tue, Jan 17th, 2023 by Saurenergy Mufin Green Finance Ltd– has forged a partnership with Indian Renewable Energy Development Agency Limited (IREDA) with an aim to EV penetration thrive in India. IREDA is a Mini Ratna (Category – I) Government of India Enterprise under the Ministry of New and Renewable Energy (MNRE). It is engaged in promoting, developing and extending financial […] Read more
India & IRENA Forge Partnership to Spur Renewable Energy Updated On Mon, Jan 16th, 2023 by Saurenergy The Ministry of New & Renewable Energy has entered into a strategic partnership with International Renewable Energy Agency. The partnership will pave the path for the development of renewable energy. The signatories for said the agreement between India and IRENA were Ministry of New and Renewable Energy (MNRE) Secretary, Indu Shekhar Chaturvedi and IRENA Director-General […] Read more
India & UAE to Seal Agreement on Linking Grid for Renewable Energy Updated On Mon, Jan 16th, 2023 by Saurenergy India’s Minister of New & Renewable Energy, Raj Kumar Singh has revealed that India and the United Arab Emirates (UAE) are on their way to enter into a “major agreement”. The cooperation between the two countries concerns the interlinking of renewable energy. He did not give out details about the timeline and added that the […] Read more
MNRE Does Away With Reverse Bidding For Wind Energy, Targets 8 GW Tenders Every Year Updated On Fri, Jan 13th, 2023 by Saurenergy A new directive from the Ministry of New And Renewable Energy (MNRE) has confirms a long pending demand of the wind energy sector in India. The central government is looking to issue tenders inviting bids for 8-GW of wind power projects every year until the end of this decade (2030). The directive said that there […] Read more
UAE’s Masdar to Develop 1 GW Renewable Energy Projects in Kyrgyzstan Updated On Wed, Jan 11th, 2023 by Saurenergy UAE renewable energy conglomerate Masdar has announced that it has signed an agreement with the Ministry of Energy, Kyrgyzstan, to develop a pipeline of renewable projects in the Central Asian country, with a capacity of up to 1 gigawatt (GW). Masdar will first develop a 200 MW solar photovoltaic (PV) plant which is scheduled to […] Read more
German Institution DEG Funds Solar Micro-Grids Development in Nigeria Updated On Tue, Jan 10th, 2023 by Saurenergy Investment is picking up in Africa and the developed world seems to be making efforts to ensure that the continent is not bereft of access to green energy. The ace development finance institution of Germany, Deutsche Investitions- und Entwicklungsgesellschaft (DEG), is now funding the USA-based Husk Power Systems with $750,000 to build eight community solar […] Read more
