Vadodara Airport to Switch to Solar Power Soon Updated On Tue, Jul 10th, 2018 by Saurenergy The airport is all set to start using clean and green energy for its day-to-day operations, as its ground-mounted grid-connected solar plant is ready for commissioning. In order to reduce the electricity costs and shift from conventional solar of energy, the Vadodara airport will soon start using solar energy to meet its electricity demands in all operations. […] Read more
Every Household to Get Solar Cooking Facilities in 4-5 Years, says Piyush Goyal Updated On Tue, Jul 10th, 2018 by Saurenergy The Union government plans to facilitate every rural household with solar panels, going a step forward, after introducing LPG under Pradhan Mantri Ujjwala Yojana. In order to reduce or entirely eliminate the pollution caused by the cooking in the kitchens, the Centre is planning to give solar cooking facilities that will carry induction oven for […] Read more
750 MW Rewa Solar Power Project Operational, to Serve Delhi Metro Updated On Tue, Jul 10th, 2018 by Saurenergy This opens up an entirely new chapter in the utilization of renewable energy in the country, where large institutional open access consumers can start procuring it inexpensively. The operations on the 750 MW Rewa Solar Power Project in Madhya Pradesh (MP) has started earlier this week. The plant would supply power to the Delhi Metro, said the […] Read more
Investment in Solar Power Projects Likely to Fall in 2018 Updated On Tue, Jul 10th, 2018 by Saurenergy The mixed picture for global clean energy investment in 2018 is emerging, and at the same time, the commitment to wind and energy-smart technologies such as EV and batteries are running above last year’s levels. In the first half of 2018, the global net investment in solar power projects fell 19 percent from $71.6 billion […] Read more
ADB Raises €600 Mn via Green Bond to Spur Climate Financing Updated On Mon, Jul 9th, 2018 by Saurenergy Further, the bond has a coupon rate of 0.35 percent p.a. payable annually and a maturity date of July 16, 2025. It was priced at 99.924 percent to yield 43 basis points (BPS) over the DBR 0.5 percent February 2025. Philippines-based Asian Development Bank (ADB) has raised €600 million to help finance climate change mitigation […] Read more
Andhra Solar Park Projects Saw Lowest Bid at Rs 2.7 Per Unit Updated On Mon, Jul 9th, 2018 by Saurenergy Although the real auction took place last week, the reverse auction for 2,000 MW capacity discovered tariff of Rs 2.44 per unit. Under the reverse auction process, the companies backed by the financers from around the globe have seized the tenders to build 750 MW of solar power projects in Kadapa in Andhra Pradesh. The […] Read more
Solar, Wind Provide Almost 50% of Electricity Globally by 2050, says Report Updated On Sat, Jul 7th, 2018 by Saurenergy The report further added that, “By 2050, we expect only 29 percent of the electricity production worldwide to result from burning fossil fuels, down from 63 percent today.” The solar and wind technology will account for almost half of the total electricity globally, according to the Bloomberg New Energy Finance (BNEF). Of this, hydro, nuclear […] Read more
Renewables Supply 75% of Electricity in India by 2050: BNEF Report Updated On Sat, Jul 7th, 2018 by Saurenergy “By 2050, renewables supply 87 percent of electricity in Europe, 55 percent in the US, 62 percent in China and 75 percent in India.” The Bloomberg New Energy Finance (BNEF) in its latest New Energy Outlook 2018 (NEO) has forecasted that the renewable energy supply will account of 75 percent of electricity in India by […] Read more
Scatec Solar Gets 47 MW Solar Project in Ukraine Updated On Fri, Jul 6th, 2018 by Saurenergy Further, the projects will be realized under the country’s feed-in-tariff scheme and the 3 plants are expected to produce about 58 GWh per year. Independent solar power producer Scatec Solar has entered into agreements with Rengy Development securing projects of 47 MW in Ukraine. Further, the projects will be realized under the country’s feed-in-tariff scheme […] Read more