NDB Clears $300 Mn to Fund South African Energy Sector Updated On Tue, Jul 24th, 2018 by Saurenergy The recipient authority would be the Development Bank of South Africa who would further distribute funds according to the government allocations. New Development Bank (NDB), a multilateral development bank established by BRICS states, has approved the USD 300 million loan to fund energy sector projects in South Africa. The recipient authority would be the Development […] Read more
SEBI Permits ‘ReNew Power’ to Float IPO Updated On Tue, Jul 24th, 2018 by Saurenergy The ReNew Power IPO comprises of new shares worth Rs 2,600 crore. The move also comes with an additional offer for sale of over 94 million equity shares by existing shareholders. In a substantial addition to solar industry, market watchdog SEBI sanctions Goldman Sachs’ ReNew Power to float its Initial Public Offering (IPO). The ReNew […] Read more
SPDA Eyes Full Exemption from Safeguard Duty on Solar Equipment Updated On Mon, Jul 23rd, 2018 by Saurenergy Such safeguard duty on solar equipment could also kill thousands of job created from the down-stream activities of solar power generation including the manufacturing sector. The Solar Power Developers Association (SPDA) has sought complete exemption of safeguard duty on solar equipment for ongoing project. It believes that such a move can jeopardise investments worth Rs 1 […] Read more
SAARC Energy Centre Invites Tender for Hybrid Solar PV Systems for Kabul, Dhaka Offices Updated On Mon, Jul 23rd, 2018 by Saurenergy The scope of the tender for hybrid solar systems includes designing, supply, installation, testing and commissioning, along with after sales service of its 20 kW, 3 phase hybrid solar system. SAARC Energy Centre (SEC), a special purpose vehicle (SPV) formed by SAARC leaders, has invited sealed tenders for 20 kW, 3 phase hybrid solar system […] Read more
Myanmar Signs ISA Framework Agreement; Becomes 68th Member Updated On Sat, Jul 21st, 2018 by Saurenergy On the sidelines of the ‘Delhi Dialogue 10’ of the India-ASEAN summit in New Delhi, the Minister of International Cooperation of Myanmar, Kyaw Tin has handed over the ISA Framework Agreement to the External Affairs Minister Sushma Swaraj. Taking a step forward to combat climate change, Myanmar has recently joined the India-led International Solar Alliance […] Read more
NIWE Installs LiDAR for Offshore Wind Resource Assessment at Gulf of Khambat Updated On Fri, Jul 20th, 2018 by Saurenergy In order to be competitive, developers are encouraged to deploy most advanced technologies. The National Institute of Wind Energy (NIWE), an autonomous institution under the Ministry, has installed a remote sensing instrument- LiDAR for assessment of offshore wind resource at Gulf of Khambat, off the Gujarat Coast. The Power and New & Renewable Energy Minister, […] Read more
PV + Energy Storage will be Cheapest Energy Soln in 10 Years: Li Zhenguo Updated On Fri, Jul 20th, 2018 by Saurenergy Once the economic efficiency of the PV and energy storage is realized, traditional fossil fuels will be quickly replaced, Li said. China-based LONGi Group President Li Zhenguo said that within ten years, photovoltaic plus energy storage will become the cheapest energy solution. He was speaking at the 9th China-Germany Economic and Technical Cooperation Forum in […] Read more
Capital Dynamics’ CEI to Buy Csolar South and West Updated On Thu, Jul 19th, 2018 by Saurenergy The company has acquired CSolar south and west projects from Tenaska, a leading independent power producer (IPP) in the United States, having achieved commercial operation and secured a long-term power purchase agreement (PPA) with a California-based utility business. An independent global asset manager, Capital Dynamics through its Clean Energy Infrastructure (CEI) team has inked a pact to […] Read more
Tata Power Solar Gets ‘Solar PV EPC Company of the Year’ Award Updated On Thu, Jul 19th, 2018 by Saurenergy The company was adjudged winner as ‘Solar PV EPC Company of the Year’ on the basis of rigorous assessment by a jury on various parameters of management. Integrated solar company & Tata Power’s arm, Tata Power Solar has won the coveted India Solar Week 2018 for its outstanding contribution to industry development in the Solar […] Read more
