Avaada Energy to Implement 2 GW Open Access Solar Plants Updated On Wed, Jul 24th, 2019 by Saurenergy This renewable arm of Avaada Group has already commissioned more than 1.8 GW of renewable assets in the solar and wind space. Vineet Mittal-promoted Avaada Energy is in the process of implementing 2 GW of open access solar plants in five states i.e. Maharashtra, Tamil Nadu, Haryana, Karnataka and Orissa. This renewable arm of Avaada […] Read more
Government Agencies Should Continue to Show Desire for the Commenced Projects: Amruth Puttappa Updated On Thu, Jul 18th, 2019 by Saurenergy Recently, the Indian solar market bounced back from the sluggish year of 2018. With the climate agreement in place and an estimated global investment of $2.8 billion in Q1 2019, there is no doubt that there is a huge scope. We are going through a positive phase. All government bodies are working towards our ambitious […] Read more
Still Elusive: Jumpstarting Solar Manufacturing in India Updated On Tue, Jul 16th, 2019 by Saurenergy The government of Prime Minister Narendra Modi rarely misses an opportunity to highlight the success of its renewable energy push, when given an opportunity. And it has good reason to do so. Besides taking installed renewable capacity (wind +solar) from barely 25 GW to an estimated 70 GW plus till now, the government has also […] Read more
PFC Raises $ 300 Million Through Syndicated Loans Updated On Thu, Jul 4th, 2019 by Saurenergy PFC raises $ 300 million through a three-year syndicated loan from SBI, Honk Kong and MUFG Bank, Singapore. The Power Finance Corporation (PFC), a state-owned non-banking financial company (NBFC) that funds power sector projects has announced that it has raised $ 300 million through a three-year syndicated loan from the State Bank of India, Honk […] Read more
Renewable Energy to Lead New Capacity Addition in India: CEA Report Updated On Tue, Jul 2nd, 2019 by Saurenergy India’s green energy addition may constitute over half of India’s capacity addition by 2030 says CEA draft report Solar and wind energy projects may constitute over half of India’s total power capacity of by 2030, according to a draft report by India’s power-planning body, which predicts that the country may surpass its climate goals. The […] Read more
Arunachal Pradesh Issues Tender for Off-Grid Solar Projects Worth 1.15 MW Updated On Mon, Jul 1st, 2019 by Saurenergy Arunachal Pradesh has issued a tender for developing off-grid solar projects in the state. The Arunachal Pradesh Energy Development Agency (APEDA) has issued a tender for developing off-grid solar photovoltaic (PV) projects to be installed in the state. Through this tender, 46 off-grid solar systems of capacity 25 kW each will be set up across […] Read more
ISA’s big Solar Pump Move Finally Rolls Off Updated On Thu, May 30th, 2019 by Saurenergy With EESL issuing a tender for 272579 Solar Water Pumps on behalf of the ISA and its member countries, the biggest project so far with the ISA is finally underway. One of the biggest initiatives the International Solar Alliance (ISA), Prime Minister Narendra Modi’s biggest international achievement, were plans to drive down prices of solar […] Read more
Fortum Plans to Foray into more Indian Cities with Higher per Capita Income Updated On Mon, May 20th, 2019 by Saurenergy The plan to venture in India will make India the first country outside Europe in this space, keeping in mind that, India aims to power most of its vehicles with electricity by 2030. We are constantly evaluating the Indian market for charging infrastructure. On our radar are the advanced cities with higher per capita incomes […] Read more
Funding from International Solar Alliance Termed Domestic Funding Updated On Fri, Apr 26th, 2019 by Saurenergy Projects through the International Solar Alliance, (ISA), now fast emerging as the most prestigious forum for India’s push for renewable influence and impact, has been exempted from being classified as foreign funding. The move by India’s home ministry to exempt the International Solar Alliance, from being classified as a foreign source of funding for non-governmental […] Read more
