International Solar Alliance: A Rollercoaster Ride for Indian Solar Updated On Mon, Apr 16th, 2018 by Saurenergy Indian solar sector witnesses sharp momentum in the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took office, India had 3 GW of solar power, which now turned to nearly seven-times of that, or 20 GW, by the end of FY18. India’s efforts towards solar sector came into […] Read more
Tata Power signs MoU with EDF for ‘Smart Grid Tech’ Updated On Thu, Mar 15th, 2018 by Saurenergy Tata Power and Électricité de France shall be jointly demonstrating to help de-carbonise local energy systems and evaluate ‘Smart Grid Technologies’ in India, using innovative solutions. Tata Power Delhi Distribution Limited (TPDDL) has joined hands with Électricité de France (EDF) and its wholly-owned subsidiary Enedis to explore prospective opportunities together, related to ‘Smart Grid Technology’ in […] Read more
Renew Power Commits Rs 13k cr Investment on Clean Energy in AP Updated On Mon, Feb 26th, 2018 by Saurenergy The move has come to develop renewable energy capacity in Andhra Pradesh and also helps in generating direct employment for 4,000 people and indirect employment for 6,000 people. Renewable energy company ReNew Power has inked a Memorandum of Understanding (MOU) with the Andhra Pradesh (AP) government during the ongoing 3-day CII Partnership Summit to invest Rs 13,000 crore over the next five years. […] Read more
Renew Power Signs MoU with Maharashtra Govt for Rs 14K Cr Investment Updated On Tue, Feb 20th, 2018 by Saurenergy As per reports, a Memorandum of Understanding (MoU) was signed at the three-day investment summit “Magnetic Maharashtra: Convergence 2018” held in the financial capital of the country. In a significant development, Indian renewable energy company ReNew Power has said it has signed a pact with the Government of Maharashtra to facilitate a proposed investment […] Read more
Solar Projects: Yes Bank to Mobilise USD 1 Billion by 2023 for Clean Energy Updated On Thu, Jan 18th, 2018 by Saurenergy Yes Bank made at the the announcement at the International Solar Alliance (ISA) conference organised at World Future Energy Summit 2018 in Abu Dhabi. In a significant development, Yes Bank, India’s fifth largest private sector bank, said it will mobilise USD 1 billion by 2023 for financing solar energy projects in India. The announcement was […] Read more
Cheap Chinese Imports Push Out Local Solar Players Updated On Wed, Jan 17th, 2018 by Saurenergy Aside from a couple of enormous players, for example, Tata Power Solar, solar thermal makers are generally in the little or medium scale section and give around one lakh occupations. The National Solar Mission may have set an objective of 20 million m2 (meter square) solar thermal limit with ‘Make in India’ boards, however the […] Read more
Uttar Pradesh to Invite Bids for 100 MW Solar Power Projects in March Updated On Wed, Jan 10th, 2018 by Saurenergy According to a senior state ministry official the bids are for solar projects on open access basis to be set up in the Bundelkhand region. Boosted by the successful implementation of solar projects in states like Karnataka and Gujarat, the Uttar Pradesh government is planning to invite bids for 100 MW of solar power projects […] Read more
ReNew Power Raises Rs 2,235 Crore From NCD Updated On Wed, Jan 10th, 2018 by Saurenergy The issuance comes in two parts: the first, a credit enhanced NCD worth Rs 760 crore and the second, a multi-issuer cross-collateralised rupee bond involving multiple power distribution companies. ReNew Power Ventures Pvt. Ltd, one of India’s leading clean energy companies, has stated the closure of the issue of non-convertible debentures (NCDs) collectively worth Rs […] Read more
Solar Micro Grids of 1899 Kwp Installed In India Updated On Fri, Jan 5th, 2018 by Saurenergy Singh informed that MNRE has provided financial support up to 30% of the cost of micro and mini-grids systems for installation in the rural areas of the country. The design capacity of micro grid depends upon the requirement to be catered. As many as 63 solar micro grids of 1899 kilo Watt power (kWp) aggregated […] Read more
