UP Wants Solar Power Companies to Lower Power Tariffs Updated On Tue, Jul 11th, 2017 by Saurenergy The solar power developers have received pro-forma of a letter from the UP Electricity Regulatory Commission (UPERC) that wants them to sign by which they would voluntarily agree to lower solar tariffs. Following a steep fall in solar tariffs in the last two years, Uttar Pradesh is pressuring solar power project developers to cut rates […] Read more
China Tops in Renewable Energy Production: BP Statistical Review of World Energy Updated On Tue, Jul 11th, 2017 by Saurenergy China has continued to dominate renewable energy growth, contributing about 40 per cent of global growth, more than the entire OECD and surpassed the US as the largest producer of renewable power last year. According to the latest BP Statistical Review of World Energy released, China surpassed the United States as the top producer of […] Read more
Tata Power Solar Commissions 3 MW Solar Power Plant at Noamundi Updated On Mon, Jul 10th, 2017 by Saurenergy The 3 MW Solar Power Plant is the first solar plant will help in reducing CO2 emission by about 3000 tonnes per annum. With due consideration towards Tata Steel’s initiatives towards reducing carbon footprint, a 3 MW Solar PV Power Plant has been commissioned at Noamundi. This is the 1st Solar Power Plant in any […] Read more
Kochi Metro System to Get 25 Percent of its Power from Rooftop Solar Updated On Mon, Jul 10th, 2017 by Saurenergy The cumulative capacity of rooftop solar power systems will be 4 megawatts and are likely to be partially operational by October this year. Kochi Metro, recently launched in the Indian state of Kerala, will get a quarter of its total electric supply from rooftop solar power systems. This makes the Kochi Metro project unique as […] Read more
Solar and Wind to be Cheapest Source of Power Generation by 2030 Updated On Sat, Jul 8th, 2017 by Saurenergy With the G20 summit underway in Hamburg today, the study carried out by Greenpeace Germany said in about half of the G20 countries, renewable energy has been cheaper or equal in price to electricity generated from dirty coal or hazardous nuclear power plants since 2015. Wind energy and solar power will be the cheapest form […] Read more
IFC Invests Rs 667 Crore in L&T Infrastructure for Solar Power Projects Updated On Fri, Jul 7th, 2017 by Saurenergy L&T Infrastructure Finance Co will use the fund to provide loan to solar power projects across India. The World Bank’s private financing arm IFC has invested Rs 667 crore ($103 million) in L&T Infrastructure Finance Co by subscribing to the first official Green Bonds in India, as stated in a joint statement by both the […] Read more
Dell Aims to Fulfill 60 percent of Energy Demand through Renewable Energy Sources by 2020 in India Updated On Fri, Jul 7th, 2017 by Saurenergy 11 Million units currently sourced from onsite solar installations and external renewable energy sources. Dell is harnessing the power of solar energy in India, in a bid to fulfill 60% of its total energy demand in India through onsite solar installations and other renewable energy sources by 2020 as part of its “Legacy of Good […] Read more
Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar Updated On Thu, Jul 6th, 2017 by Saurenergy Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […] Read more
Rays Power Infra commissions 5.5 MWp Solar PV project in Karnataka Updated On Wed, Jul 5th, 2017 by Saurenergy “Rays Power Infra Pvt. Ltd. has done the complete design, engineering, civil work, Installation process, testing and commissioning of the Solar PV project.” Rays Power Infra has announced that it has successfully completed a 5.5 MWp Solar PV equity project in Karnataka. The project execution work was started in October’2016 while the project was commissioned […] Read more
