Cabinet approves Initial Public Offer of Indian Renewable Energy Development Agency Limited Updated On Wed, Jun 7th, 2017 by Saurenergy The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to: (a) issue 13,90,00,000 fresh equity shares of Indian Renewable Energy Development Agency (IREDA) of Rs.10 each to the public on book-building basis through the IPO; (b) issue shares to retail investors and IREDA employees at a […] Read more
KERC accelerating solar projects as demand surges in Karnataka Updated On Wed, Jun 7th, 2017 by Saurenergy The KERC has included cross-subsidy charges on solar power from solar farms. Additionally, it has given a 10-year waiver of key grid charges, for solar power projects commissioned before March 2018. Taking cue from Prime Minster Narendra Modi’s ardent appeal in Paris Climate Conference in 2015 to make India a solar-powered nation, the Karnataka Electricity […] Read more
NEXTracker Achieves 1 GW of Solar Tracker Sales in India Updated On Tue, Jun 6th, 2017 by Saurenergy NEXTracker’s projects commissioned or under construction with Sterling & Wilson, Adani Green Energy, SkyPower, CleanMax Solar, Suzlon, and ReNew Power are milestones that demonstrate the rapidly growing adoption of solar trackers in India. NEXTracker has announced that it has sold over 1 gigawatt (GW) of solar trackers to utility-scale power plants in India. This achievement […] Read more
Trump announces US withdrawal from Paris climate accord, prompts furious global backlash Updated On Fri, Jun 2nd, 2017 by Saurenergy Trump announced America’s shock withdrawal from the Paris climate accord Thursday, prompting a furious global backlash and throwing efforts to slow global warming into serious doubt. President Donald Trump announced America’s shock withdrawal from the Paris climate accord Thursday, prompting a furious global backlash and throwing efforts to slow global warming into serious doubt. In […] Read more
India extends $500-million LoC to Mauritius, Mauritius submits its instrument of ratification to ISA Updated On Mon, May 29th, 2017 by Saurenergy The LOC agreement was signed between SBM Mauritius Infrastructure Development Co. Ltd and Export-Import Bank of India A $500-million line of credit (LoC) from India to Mauritius is among four agreements signed by the two countries following delegation-level talks headed by Prime Minister Narendra Modi and his Mauritian counterpart Pravind Jugnauth here on Saturday. “#IndiaMauritius […] Read more
India reaffirms its commitment to renewable energy Updated On Fri, May 26th, 2017 by Saurenergy “We are looking at expanding renewable energy very rapidly. Solar, wind, hydro, biomass – all forms of energy which can reduce the carbon footprint and help us leave a better planet for the next generation – are receiving unprecedented attention in India” India on Thursday reaffirmed its commitment to renewable energy with the promise to […] Read more
Piyush Goyal Launches 3rd ISA Programme on Scalling Up Minigrids and Microgrids Updated On Thu, May 25th, 2017 by Saurenergy Piyush Goyal has urged all the African nations to participate in the International Solar Alliance (ISA) and work towards the of solar energy rich world. Union Minister of State for New & Renewable Energy, Power, Coal and Mines Piyush Goyal has launched 3rd International Solar Alliance programme on ‘Scalling Up Minigrids and Microgrids’ at the […] Read more
Cabinet Approves Raising of Bonds of Rs. 2360 crores for Renewable Energy Updated On Thu, May 25th, 2017 by Saurenergy MNRE will raise the bonds through the Indian Renewable Energy Development Agency, and the funds will be used for approved programmes/schemes for solar park, green energy corridor, generation-based incentives and more. The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to Raising of Bonds of Rs. 2360 crores for […] Read more
Poverty elimination cannot be ensured in Africa without ensuring energy Updated On Wed, May 24th, 2017 by Saurenergy Shri Piyush Goyal launches 3rd ISA programme on ‘Scalling Up Minigrids and Microgrids’ in the annual meeting of African development bank today Union Minister of State for New & Renewable Energy, Power, Coal and Mines Shri Piyush Goyal launched 3rd International Solar Alliance programme on ‘Scalling Up Minigrids and Microgrids’ at the annual meeting of […] Read more