KfW and IREDA signs 6th Line of Credit (LoC) for € 20 million Updated On Thu, Jun 30th, 2016 by Saurenergy KfW Development Bank and Indian Renewable Energy Development Agency Ltd. (IREDA) have signed € 20 million Loan Agreement to be utilized by IREDA for “Access to Energy” by financing Renewable Energy projects in India. The 6th Line of Credit (LoC) signed between KfW and IREDA is on standalone basis without sovereign guarantee from Government of […] Read more
Indian Council of Medical Research with CEEW launches ‘Solar for Healthcare’ Initiative Updated On Wed, Jun 29th, 2016 by Saurenergy The Indian Council of Medical Research (ICMR) has signed a MoU with the Council on Energy, Environment and Water (CEEW) to launch ‘Solar for Healthcare’ Initiative. The synergy between health and energy are the two specific goals of this initiative, and the efforts within this collaboration advances on both fronts. ICMR and CEEW will focus […] Read more
Tata Power Solar commissions a 100 kW rooftop solar project for Toyota Kirloskar Auto Parts Updated On Wed, Jun 29th, 2016 by Saurenergy Tata Power Solar has announced that it has successfully commissioned a 100 kW rooftop solar project for Toyota Kirloskar Auto Parts Pvt. Ltd., near Bengaluru. The company completed its first solar project in record time of 21 days. The project is built on the administrative office building of the auto parts manufacturing unit and will […] Read more
Chennai Metro to go fully solar by next year Updated On Wed, Jun 29th, 2016 by Saurenergy Chennai Metro Rail Ltd. (CMRL) is reportedly planning to go fully solar in phase one of 2017. 1MW of solar power will be available in next few months, while another 8MW is expected to be accessible by next year. CMRL by installing solar panel will not only make it self-sufficient but it also plans to […] Read more
SunPower’s four-megawatt solar power system is under construction at CSUF Updated On Wed, Jun 29th, 2016 by Saurenergy SunPower has announced that construction is underway on a four-megawatt SunPower solar power system at California State University, Fullerton (CSUF)’s three parking areas. The university will purchase the solar power from solar power system under a PPA that offers competitive rates. According to CSUF this will enable the university to offset over one-third of their peak electrical […] Read more
30 percent of 472 villages electrified this month are off-grid Updated On Wed, Jun 29th, 2016 by Saurenergy According to the Rural Electrification Corporation (REC), electrification of 472 villages was completed this month (6june-28june) and about 142 of them got an off-grid connection. Solar PV has remained the most deployed off-grid connection in the country, with total installed capacity of 7.5GW as of May 2016. Nine out of eleven projects sanctioned under renewable […] Read more
5th IPPAI Power Awards 2016 to be held in Goa on September 24 Updated On Tue, Jun 28th, 2016 by Saurenergy Independent Power Producers Association of India (IPPAI) is hosting its flagship event – the Regulators and Policymakers Retreat (RPR) on September 24th in Goa this year. RPR is an annual awards event though which IPPAI recognizes individuals, organizations, Indian States, State Electricity Regulatory Commissions (SERCs) or DISCOMs that have administered a significant contribution towards the […] Read more
SolarCity announces Special Committee for Tesla Deal Updated On Tue, Jun 28th, 2016 by Saurenergy Just after the American electric car maker, Tesla proposed an acquisition deal with SolarCity – the solar panel manufacturer company has recently formed a special committee of just two directors to evaluate Tesla Motors $2.8 billion acquisition deal. SolarCity independent directors Donald Kendall and Nancy Pfund will serve on the committee. Kendall is the chief […] Read more
NHPC planning to set up 600MW solar project at Koyna dam in Maharashtra Updated On Mon, Jun 27th, 2016 by Saurenergy National Hydroelectric Power Corporation (NHPC) as part of an initiative to expand its solar portfolio is reportedly planning to set a 600-MW solar project at the Koyna dam in Maharashtra. NHPC is carrying out financial and feasibility study for the project. The company t plans to set up floating solar panels with pumped storage system […] Read more
