Saudi Arabia Shortlists 27 Companies for Round 1 of National Renewable Energy Program Updated On Tue, Apr 11th, 2017 by Saurenergy World’ top oil exporter Saudi Arabia has shortlisted 27 companies for its solar and wind power projects, as part of the first round of its renewable energy initiative The Renewable Energy Project Development Office (REPDO) of Saudi Arabia’s Ministry of Energy, Industry and Mineral Resources has shortlisted a number of companies for the first round […] Read more
India and ADB Sign $175 Million Loan Agreement to help improve Solar Transmission System Updated On Fri, Apr 7th, 2017 by Saurenergy Asian Development Bank has granted $175 Million Loan Agreement to India for supporting construction of high voltage transmission systems to evacuate power generated from new mega solar parks. The Government of India and the Asian Development Bank (ADB) signed a $175 million loan agreement to support construction of high voltage transmission systems to evacuate power […] Read more
India’s Solar Energy Capacity Grows by Record 5525 MW Updated On Fri, Apr 7th, 2017 by Saurenergy The latest figures provided by MNRE shows that India has gained a tremendous growth in solar energy capacity by a record 5525.98 MW. According to the latest figures provided by the ministry of new and renewable energy (MNRE), the FY 2016-17 saw India’s solar energy capacity grow by a record 5525.98 MW, while India had […] Read more
BJP Government’s Big Solar Push Could Run into Land Hurdle: Here is Why Updated On Tue, Mar 28th, 2017 by Saurenergy India’s record with solar power generation does not offer reasons to be optimistic either. With just a few days left for end of financial year 2016-17, India still has over 70 per cent of its target to achieve, while targets for upcoming years are even higher. The Union cabinet decided last month to double India’s […] Read more
Upendra Tripathy Appointed as Full Time Interim Director General of International Solar Alliance Updated On Wed, Mar 22nd, 2017 by Saurenergy Minister for Environment, Energy and Marine Affairs Government of France and India’s Union Minister for Power and Renewable Energy have jointly appointed Upendra Tripathy Full Time Interim Director General of ISA. Shri Piyush Goyal, Union Minister for Power, Coal, New and Renewable Energy and Mines, Government of India and Ms. Ségolène Royal, Minister for Environment, […] Read more
India’s solar capacity to hit 20GW mark in next 15 months: Piyush Goyal Updated On Tue, Mar 21st, 2017 by Saurenergy “India could not have completely focused on Making in India’ in the last three years as being in the nascent stage, its solar power sector needed technological and financial boost from abroad to rapidly expand its horizons,” The installed solar power capacity in India is expected to double from 10GW to 20GW in next 15 […] Read more
Waaree Energies to raise $100 million: Report Updated On Thu, Mar 16th, 2017 by Saurenergy “Waaree Energies has been looking to raise funds. EY Advisory, Auditing & Business Consulting Firm is running the process” India’s one of the largest module manufacturer, Waaree Energies has reportedly appointed EY – Advisory, Auditing & Business Consulting Firm to raise a fund of USD 100 million. A close source to the company speaking to […] Read more
India’s Solar Capacity Grows Over 3 Folds to 10,000 Megawatt in Three Years Updated On Tue, Mar 14th, 2017 by Saurenergy India has crossed 10 GW of Solar power capacity, which is more than 3 times increase in less than 3 years. India’s solar power generation capacity has crossed 10,000 megawatt (MW), a more than three-time jump in less than three years as government pushes for renewable energy sources to meet galloping demand. The milestone came […] Read more
BEML Inaugurates 200 KW Grid-Connected Rooftop Solar Project in Mysore Updated On Fri, Mar 3rd, 2017 by Saurenergy “With the installation and commissioning of the grid-connected rooftop solar project, BEML inches towards achieving the target of utilizing 100 per cent renewable energy for captive consumption” BEML has inaugurated a 200 KW grid-connected rooftop solar project at its Mysore Complex. The Mini Ratna Category-1 Public Sector Company under the Ministry of Defence, has set […] Read more
