RK Singh Announces $350 Million Fund to Finance Solar Projects Updated On Thu, Jan 18th, 2018 by Saurenergy The Minister said that that ISA shall help mobilize sufficient funds for solar energy projects. “India has one of the fastest growing Renewable Energy programmes in the World and the country would achieve its target of 175 GW of installed Renewable Energy capacity well before 2020,” Singh said. RK Singh, Minister of State for Power […] Read more
Solar Projects: Yes Bank to Mobilise USD 1 Billion by 2023 for Clean Energy Updated On Thu, Jan 18th, 2018 by Saurenergy Yes Bank made at the the announcement at the International Solar Alliance (ISA) conference organised at World Future Energy Summit 2018 in Abu Dhabi. In a significant development, Yes Bank, India’s fifth largest private sector bank, said it will mobilise USD 1 billion by 2023 for financing solar energy projects in India. The announcement was […] Read more
1st Source Bank Announces Financing of 10 Solar Projects in 2017 Updated On Thu, Jan 18th, 2018 by Saurenergy 1st Source has committed itself to serving the renewable energy industry. The Bank made its commitment to solar due to the unique needs of smaller commercial clients around the country, the Bank’s ability to provide tailored equity and financing options to this group of businesses. 1st Source Bank, a financial services company has announced the […] Read more
Future of Energy is in Storage of Energy: Suresh Prabhu at ESI Updated On Wed, Jan 17th, 2018 by Saurenergy ESI 2018 showcases new avenues, ideas, and advanced technologies in Energy Storage space to implement the awaited National Energy Storage mission. Addressing the larger issues, challenges, emerging trends and a wide array of opportunities for Energy Storage, Micro-grids and Electric Vehicle solutions in India Energy Storage India (ESI) 2018 was started with a big bang. […] Read more
70 percent Safeguards Duty on Solar to Put Rs 12,000 Crore Ventures in Danger Updated On Wed, Jan 17th, 2018 by Saurenergy The Ministry of Finance, through its Standing Board of Safeguards, will take an ultimate choice on the burden of defending the duty either on the temporary or the last proposals of the Directorate General of Safeguards. Imposing 70 percent of safeguard duty on imported solar panels and modules from China and Malaysia, as suggested by […] Read more
India Asset Examined to Exit SkyPower Global by ReNew, Greenko, Hero Updated On Tue, Jan 16th, 2018 by Saurenergy SkyPower won contracts to set up three solar ventures of 50 MW each in Madhya Pradesh in June 2015 and four tasks of 50 MW each in Telangana in August that year. No less than three Indian engineers are looking at the advantages of Canadian sustainable power source organization SkyPower Global, which intends to leave India […] Read more
Renewable Generation Costs Keep Plunging : IRENA Updated On Mon, Jan 15th, 2018 by Saurenergy IRENA extends that all sustainable power source advances will contend with fossils on cost by 2020. For new undertakings appointed in 2017, power costs from inexhaustible power age have kept on falling fundamentally contrasted with the petroleum derivatives, as indicated by another report from the International Renewable Energy Agency (IRENA). It gauges inland breeze is […] Read more
Investing Renewables Infesting Fossils Updated On Mon, Jan 15th, 2018 by Saurenergy Renewable Energy Sector as a Future Investment Model With increasing technological advancements, renewable energies are having a significant impact. Renewable energy is becoming increasingly viable, a trend that could potentially be a game-changer for investors, particularly large scale, global investors. The International Energy Agency projected that renewable energy will continue to grow by 42 percent […] Read more
Canadian Solar Cuts Q4 Revenue Guidance Due to Delayed Project Sale Updated On Mon, Jan 15th, 2018 by Saurenergy Canadian Solar noted that in September and October 2017, it had entered into definitive agreements with two buyers to sell a portfolio of six solar power projects in California, totaling 703 MWp. Canadian Solar Inc has lowered revenue projections for the fourth quarter and full year 2017 due to a delay in completing the sale […] Read more