MNRE Issues Guidelines for Decentralised Solar Plant Development Updated On Fri, Dec 13th, 2019 by Saurenergy In a bid to promote decentralized solar energy and availability of affordable and reliable solar power in rural areas of the country, the Ministry of New and Renewable Energy (MNRE) has formulated draft guidelines for the development of decentralized solar power plants. The government said that its motive behind issuing these guidelines is to provide […] Read more
EIB Approves €8.1 bn for RE, Energy Efficiency, Sustainable Transport Updated On Fri, Dec 13th, 2019 by Saurenergy EIB has approved a EUR 8.1 billion of new financing for renewable energy projects, climate action, sustainable development around the world. The European Investment Bank (EIB) has announced that it has approved a EUR 8.1 billion of new financing for renewable energy projects, climate action, sustainable development, health, and education investment across Europe and around the world. […] Read more
Siemens Gamesa Secures €230 m Green Guarantee Line, Totals €1.48 bn Updated On Fri, Dec 13th, 2019 by Saurenergy Siemens Gamesa has accumulated 1.48 billion euro in green guarantee after it closed a deal worth EUR 230 million with Societe Generale Siemens Gamesa Renewable Energy (SGRE) has announced that it has accumulated 1.48 billion euro in green guarantee lines in less than a year after it closed a deal with Societe Generale to convert […] Read more
Greenbacker Acquires 19 MW Solar Project in Michigan Updated On Fri, Dec 13th, 2019 by Saurenergy Greenbacker has reached an agreement with Prism Power Partners to acquire a 19 MW construction-ready solar project in Michigan Greenbacker Renewable Energy Corporation has reached an agreement with Prism Power Partners to acquire Electric City Solar, a 19 MW construction-ready solar project in Michigan with a 25-year municipal off-take agreement. The transaction marks another successful […] Read more
47.86 GW of Renewable Capacity Installed in India Over Last 6 Years Updated On Fri, Dec 13th, 2019 by Saurenergy RK Singh has informed the parliament that a total of 47.86 gigawatts (GW) of renewable energy capacity has been installed in India over the past six years. Power and New & Renewable Energy Minister RK Singh has informed the parliament that a total of 47.86 gigawatts (GW) of renewable energy capacity has been installed in India over the past six […] Read more
India Needs Over Rs 4 Lakh Crore to Achieve 175 GW Renewable Target Updated On Thu, Dec 12th, 2019 by Saurenergy RK Singh has said that India will need an investment of approximately Rs 4 lakh crore to achieve the balance target of its 175 GW renewable target. Minister of State for New & Renewable Energy and Power, RK Singh has said that India will need an investment in the region of approximately Rs 4 lakh […] Read more
Solar FlexRack Selected for 105 MW Solar Project in North Carolina Updated On Wed, Dec 11th, 2019 by Saurenergy Solar FlexRack has announced that its ultra-reliable, fixed-tilt solar racking system is being installed in a 105 MW solar power project in North Carolina. Solar FlexRack, a division of Northern States Metals and an innovative leader in photovoltaic mounting and solar tracker solutions, has announced that its ultra-reliable, fixed-tilt solar racking system is being installed in a […] Read more
UP Commission Approves 200 MW Solar PSA Between SECI and UPPCL Updated On Tue, Dec 10th, 2019 by Saurenergy UPERC has approved the PSA signed between UPPCL and SECI for sourcing 200 MW of solar power at a tariff of Rs 2.89/kWh for 25 years. The Uttar Pradesh Electricity Regulatory Commission (UPERC) has in its latest notification informed that after careful deliberations it has approved the Power Sale Agreement (PSA) signed between the Uttar […] Read more
ADB Meets Commitment to Double Annual Climate Financing to $6 bn Updated On Tue, Dec 10th, 2019 by Saurenergy ADB has achieved a key commitment to double its annual climate financing from USD 3 billion in 2014, hitting a record high of USD 6 billion in 2019 The Asian Development Bank (ADB) has announced that it has achieved a key commitment to double its annual climate financing from USD 3 billion in 2014, hitting […] Read more
