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
WEG Secures Two Solar EPC Job for 62 MWp Solar Power Projects in Brazil Updated On Wed, Apr 5th, 2017 by Saurenergy WEG has acquired EPC contract for two solar power projects called Coremas I and Coremas II in Brazil. WEG SA announced the signing of EPC (engineering, procurement and construction) supply contracts for the photovoltaic solar power complexes Coremas I and II. The contracts provide for the construction of two solar power plants of 31.12 MWp […] Read more
Tata Power’s Industrial Energy undertakes solar micro grid project in Odisha Updated On Tue, Apr 4th, 2017 by Saurenergy The Solar Micro Grid project undertaken by Industrial Energy Limited in Odisha will benefit 255 people at Baliapal village with uninterrupted power. Tata Power, India’s largest integrated power company has continuously strived to uplift the lives of its communities living around its plant and project locations. In line with this philosophy, Industrial Energy (IEL), a […] Read more
European Investment Bank Sanctions EUR 200 Million for Indian Large-Scale Solar Power Projects Updated On Mon, Apr 3rd, 2017 by Saurenergy The State Bank of India gets EUR 200 Million long-term loan from European Investment Bank to fund five different solar power projects in Tamil Nadu and Telangana. The European Investment Bank has confirmed new support for solar power generation in India in partnership with the State Bank of India. The EUR 200 million (INR 1400 […] Read more
Railways join hands with BHEL for setting up of a roof top solar power plant in Patiala Updated On Mon, Apr 3rd, 2017 by Saurenergy Indian Railways Organization for Alternate Fuel (IROAF) signed an agreement with Bharat Heavy Electricals Ltd (BHEL) for constructing the 2MW roof top solar power plant under the government’s incentive scheme Railways has joined hands with power equipment maker BHEL for setting up of a roof top solar power plant in Patiala to meet the energy […] Read more
Cabinet approves MoU in the area of large-scale Grid Integration of Renewable Energy Updated On Sat, Apr 1st, 2017 by Saurenergy The MoU envisages promoting information exchanges in the areas of Renewable Energy integration regulations and balancing using gas, storage, and demand-side approaches, energy imbalance markets The Union Cabinet chaired by the PM Narendra Modi has approved for signing of a Memorandum of Understanding (MoU) between Forum of Regulators (FOR) and the National Association of Regulatory Utility […] Read more
Meghalaya eyeing renewable energy to meet the growing demand for electricity in the state Updated On Wed, Mar 29th, 2017 by Saurenergy Meghalaya can generate about 3,669 MW from various renewable energy sources and about 3,000 MW from solar energy. Power-starved Meghalaya is now eyeing renewable energy to meet the growing demand for electricity in the state, Power Minister Sniawbhalang Dhar has said. “The main concern facing the state today is power deficit which has greatly affected Meghalaya’s economy and the […] Read more
IREDA to sanction Rs 13,000 crore loan for renewables in FY18 Updated On Mon, Mar 27th, 2017 by Saurenergy Indian Renewable Energy Development Agency will be sanctioning Rs 13000 crore loan to meet the Government’s target of achieving 15 to 16 GW of renewable energy projects. State-run Indian Renewable Energy Development Agency (IREDA) will sanction Rs 13,000 crore for clean energy projects next fiscal in the country, vying for around 20 per cent of […] Read more
NTPC Plans to Achieve 32 GW Installed Capacity via Renewable Sources by 2032 Updated On Sat, Mar 25th, 2017 by Saurenergy Green masala bonds will be used by NTPC for financing renewable energy projects in accordance with applicable guidelines and regulations of Reserve Bank of India NTPC Ltd. has raised Rs. 2,000 crore through issuance of green masala bonds in overseas market under its USD 4 billion medium term note programme. The proceeds of these green […] Read more