SkyPower, China Huayang Group Partners to Develop Solar Energy Projects around the World Updated On Thu, Jun 8th, 2017 by Saurenergy Huayang has selected SkyPower to be its global partner to develop, build, and operate large utility-scale solar projects in key strategic markets. SkyPower and China Huayang Economic and Trade Group Co., has entered into a partnership to develop solar energy projects around the world. Huayang in a statement said that it has selected SkyPower to […] Read more
Renewables are becoming the least cost option in India, Denmark, Egypt, Mexico, Peru and UAE Updated On Thu, Jun 8th, 2017 by Saurenergy The cost of renewables is well below equivalent costs for fossil fuel and nuclear generating capacity in India, Denmark, Egypt, Mexico, Peru and UAE Renewables are becoming the least cost option in India, Denmark, Egypt, Mexico, Peru and the United Arab Emirates, a global multi-stakeholder renewable energy policy network said on Wednesday. It said record […] Read more
Major ports slipping up on renewable energy targets and also pointing to the problems Updated On Wed, Jun 7th, 2017 by Saurenergy The ports, coming under the Shipping Ministry, have been able to commission only 22.66 MW of solar and wind energy projects, less than 15 per cent of the target given in October 2015 India’s overall goal for green energy in the country is an ambitious 175 gigawatts (GW) by 2022. Each of the ministries has […] Read more
Adani Green Energy no longer a subsidiary of Adani Enterprises Updated On Wed, Jun 7th, 2017 by Saurenergy Pursuant to the allotment of further equity shares by Adani Green Energy Ltd (AGEL), the company’s stake in AGEL has been diluted below 50 per cent Adani Enterprises has announced that Adani Green Energy Ltd is no longer its subsidiary as its stake has been diluted below 50 per cent in the arm. “…pursuant to […] Read more
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
ADB and PNB sign $100 million loan to finance Solar Rooftop projects Updated On Fri, Jun 2nd, 2017 by Saurenergy PNB will use the ADB funds to make further loans to various developers and end users to install rooftop solar systems. The Asian Development Bank (ADB) and the Punjab National Bank (PNB) recently signed a $100 million loan to finance large solar rooftop systems on industrial and commercial buildings throughout India. The loan will be […] Read more
Amara Raja, Juwi India, Luminous Power and 68 other de-empaneled by MNRE Updated On Thu, Jun 1st, 2017 by Saurenergy MNRE stated the empanelment of these de-empaneled channel partners will not be considered for next one year. The Ministry of New and Renewable Energy on Wednesday announced that it has de-empanelled 71 channel partners/ new entrepreneurs including Juwi India Renewable Energies Private Limited, Amara Raja Electronics Limited and Luminous Power. These channel partners has been […] Read more
PuREnergy and My Home Group Signs MoU for Innovative Solar Power Systems Updated On Wed, May 31st, 2017 by Saurenergy Both PuREnergy and My Home Group will execute the projects jointly in the area of solar power and deliver innovative solar power systems. Diversified city-based conglomerate My Home Group has announced that it has signed a MoU with city-based startup PuREnergy to implement innovative solutions in the area of solar power. As per the MoU, […] Read more
