Saudi Arabia Shortlists 27 Companies for Round 1 of National Renewable Energy Program Updated On Tue, Apr 11th, 2017 by Saurenergy World’ top oil exporter Saudi Arabia has shortlisted 27 companies for its solar and wind power projects, as part of the first round of its renewable energy initiative The Renewable Energy Project Development Office (REPDO) of Saudi Arabia’s Ministry of Energy, Industry and Mineral Resources has shortlisted a number of companies for the first round […] Read more
Vedanta Resources Looks Forward to Expand its Clean Energy Plans in India Updated On Fri, Apr 7th, 2017 by Saurenergy Vedanta Resources is looking at developing battery storage solutions that would help with grid balancing, besides complementing the government’s push for solar power. Vedanta Resources is working on its clean energy plans for India, encouraged by the opportunities offered by the country’s growing green economy. Ajay Kumar Dixit, chief executive officer, alumina and power business, […] Read more
India and ADB Sign $175 Million Loan Agreement to help improve Solar Transmission System Updated On Fri, Apr 7th, 2017 by Saurenergy Asian Development Bank has granted $175 Million Loan Agreement to India for supporting construction of high voltage transmission systems to evacuate power generated from new mega solar parks. The Government of India and the Asian Development Bank (ADB) signed a $175 million loan agreement to support construction of high voltage transmission systems to evacuate power […] Read more
India’s Solar Energy Capacity Grows by Record 5525 MW Updated On Fri, Apr 7th, 2017 by Saurenergy The latest figures provided by MNRE shows that India has gained a tremendous growth in solar energy capacity by a record 5525.98 MW. According to the latest figures provided by the ministry of new and renewable energy (MNRE), the FY 2016-17 saw India’s solar energy capacity grow by a record 5525.98 MW, while India had […] Read more
Contradiction in Key Markets Predicts Sluggish Growth Of Global PV Demand: IHS Markit Updated On Thu, Apr 6th, 2017 by Saurenergy A report from HIS Markit suggests that there will be 2 percent increase over the 78 GW installed in 2016, and will reach 79 GW in 2017. According to IHS Markit (London, UK), global demand for solar photovoltaics (PV) will reach 79 GW in 2017, a slight 2 percent increase over the 78 GW installed […] Read more
ReNew Power Invests INR 6700 Crore to Double its Renewable Energy Capacity in One Year to Cross 2GW Updated On Thu, Apr 6th, 2017 by Saurenergy In a single year, ReNew Power has doubled its renewable energy generation capacity to cross 2000 MW. ReNew Power Ventures Pvt. Ltd. (“ReNew Power”), India’s leading renewable energy Independent Power Producer has announced that the company has doubled its power generation capacity in a single year’s time to cross 2 GW. In the financial year […] Read more
Indian Railways to Add 1000 MW of Solar Power, 200 MW of Wind Energy: Suresh Prabhu Updated On Thu, Apr 6th, 2017 by Saurenergy Indian Railways will be able to draw 25 per cent of its energy needs from renewables and achieve the target of 5 GW of solar power by 2025. Railway Minister Suresh Prabhu has said that railways plans to use renewable energy in a “big” way and is looking to add 1,000 MW of solar power […] Read more
Canadian Solar Raises JPY5.4 Billion with Inaugural Dual-Tenor Green Project Bond in Japan Updated On Mon, Apr 3rd, 2017 by Saurenergy The JPY5.4 billion (US$47.0 million) dual-tenor green project bond was issued to finance Canadian Solar’s 19.05 MWp Gunma Aramaki Solar Power Plant in Gunma Prefecture, Japan. Canadian Solar Inc. has announced completion of its second green project bond placement with Goldman Sachs Japan Co., Ltd. The JPY5.4 billion (US$47.0 million) dual-tenor green project bond was […] Read more
VIZ-A-VIZ with Nanduri. Purushotham, Director Business Development, Topsun Energy Ltd, Updated On Mon, Apr 3rd, 2017 by Saurenergy “Topsun’s Mehsana facility has three integrated lines with cumulative capacity of 100Mw production line. Opportunity for manufacturing is ample with the ambitious plans of GOI but in my opinion better to opt for other BOC (balance of components) instead of modules manufacturing including cells Indian industry can compete globally and support GW scale domestic requirements.” Please give […] Read more
