SBI to Save Rs 30cr Via Investing in Green Energy Updated On Mon, Apr 23rd, 2018 by Saurenergy The bank now possesses a capacity of 21.23 MW in renewable power source. According to bank, adding the current capacity to 25 MW will help it save Rs 30 Crore annually. State Bank of India (SBI), country’s largest lender said that it expects to save Rs 30 Crore through its investment in solar and wind […] Read more
Viz-A-Viz with Sir Ganesan Natarajan, Chairman | Topaz Solar Private Limited Updated On Sat, Apr 21st, 2018 by Saurenergy Q. Please tell our readers more about Topaz solar and its services. Topaz Solar is promoted by me and Ms. Usha Natarajan in the year 2009. It became active since 2014 where we planned to foray into domestic solar market primarily Tamilnadu biz in mind due to aggressive Solar policy unveiled by then CM Jayalalitha. […] Read more
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
Canadian Solar’s Unit Completes Sale of 235 MW Plant to Korean Utility Updated On Tue, Mar 13th, 2018 by Saurenergy Recurrent Energy developed the three projects, all of which reached commercial operation in 2016 and have long-term power purchase agreements. Canadian Solar Inc. has finalized the sale of its interests in three solar photovoltaic projects totaling 235 MWac/309 MWp. The Korea Electric Power Corporation (“KEPCO”), South Korea’s largest electric utility with an installed capacity of […] Read more
Modi Calls for Concessional, Less-risky Financing for Solar Projs Updated On Mon, Mar 12th, 2018 by Saurenergy We have to increase the share of solar in energy mix, says PM Modi. In a move to raise the share of solar power in the energy basket, provide cheaper electricity and cut carbon emissions, the Prime Minister Narendra Modi has called for the concessional financing and less-risky funds for solar projects. While speaking at the founding conference of the International […] Read more
EIB to Sign Loan Agreement with India for Renewable Energy Projects on March 10 Updated On Thu, Mar 8th, 2018 by Saurenergy The EIB claimed that it is the world biggest financier of climate action and clean energy projects. In 2017 the EIB financed EURO 19.6 billion of climate action projects, which is about 28 percent of its total financing. In a significant development, European Investment Bank (EIB) said it will ink an agreement on Saturday to […] Read more
M-KOPA Solar, Mastercard Join Hands for Pay-As-You-Go Solar Program Updated On Tue, Feb 27th, 2018 by Saurenergy M-KOPA will pilot Mastercard’s Quick Response (QR) payment technology in Uganda to extend the reach of its pioneering pay-as-you-go solar program. Mastercard, an American multinational financial services corporation, has entered into partnership with Kenyan pay-as-you-go solar provider M-KOPA to expand its solar energy provisioning to homes and businesses in Africa. At the Mobile World Congress both […] Read more
MNRE Leads from the Front to Push Solar Sector Updated On Sat, Feb 24th, 2018 by Saurenergy The latest move by MNRE should be seen at a time when India had failed to comply with a World Trade Organisation (WTO) ruling on solar power. The government of India, through its MNRE, seems to have woken up by issuing the latest amendments to accelerate the growth of the solar photovoltaic sector. The recent […] Read more
Merchants to Soon Offer Products From Solar-Powered ‘Smart Shops’ Updated On Sat, Jan 27th, 2018 by Saurenergy Standing advisory group executive Tilak Raj Kataria said that they have taken their prompt from Gurgaon and Faridabad, where merchants are offering their items from smart shops, which have charging point, icebox, and solar panels. The North Delhi Municipal Corporation is intending to give smart shops to sellers in its locale and make distributing zones […] Read more
