Italy Signs €30 Mn Agreement With Myanmar to Fund Electrification Programme Updated On Fri, May 3rd, 2019 by Saurenergy As a part of the agreement signed between the two countries, Italy has approved Euro 30 million soft loan agreement. Italy has extended its help for the World Bank-funded national electrification programme in Myanmar that is expected to bring half a million people in the country energy access. As a part of the agreement signed between […] Read more
Enel Brings Online its First Solar Facility in Zambia Updated On Thu, May 2nd, 2019 by Saurenergy Upon completion, the facility is expected to produce around 70 GWh of electricity every year, while avoiding the annual emission of over 25,600 tons of CO2 into the atmosphere. Enel Green Power, the Enel Group’s global business line dedicated to renewable energy, has started operations of the 34 MW Ngonye solar PV plant, which is the Group’s […] Read more
Hero Future Energies and IFC to Invest $243.3 Mn in Rajasthan Solar Project Updated On Fri, Apr 26th, 2019 by Saurenergy The project will be supported by the World Bank’s International Finance Corporation (IFC), which will invest around $43.3 million (Rs 300 crore). Hero Future Energies Global (HFE), the clean energy arm of the Hero Group has revealed its plans to invest close to $200 million (Rs 1404 crore) for its latest solar project in Rajasthan. The company […] Read more
India’s Growing Economy Will Continue to Attract Global Investors Updated On Mon, Apr 22nd, 2019 by Saurenergy India, the sixth largest producer of renewable energy in the world will continue to grow robustly at an annual average rate of 15.3 percent to reach 105.9 GW by 2028, up from 26 GW in 2018. India’s growth trajectory holds immense potential for global stakeholders to establish energy, infrastructure and technology collaboration with the country, […] Read more
Hero Group & Azure Power Plan To Raise $500 Million Each Through Bond Sale Updated On Thu, Apr 18th, 2019 by Saurenergy Hero Group’s renewable energy arm and Azure Power are gearing up to raise $1 billion by selling bonds to overseas investors over the next few weeks in separate offerings, according to people briefed on the matter. Both the Delhi-based green power rivals are looking raise $500 million each and have appointed investment banks to underwrite […] Read more
Madhya Pradesh Tenders For 25 MW Rooftop Solar Projects under RESCO Model Updated On Wed, Apr 10th, 2019 by Saurenergy The last date for online bid submission is May 10, 2019, and the last date for bid submission (hard copies) is May 15, 2019. The Madhya Pradesh Urja Vikas Nigam Ltd. (MPUVNL) has invited Request for Proposal (RfP) for the selection of bidders for the implementation of 25 MW grid-connected rooftop solar PV systems under […] Read more
MNRE Working on Unified Portal To Help Consumers Set Up Rooftop Solar Panels Updated On Mon, Apr 8th, 2019 by Saurenergy The Ministry of New and Renewable Energy with the World Bank and Asian Development Bank is developing a unified web portal, which will facilitate as a single-window clearance system for the consumers looking to install rooftop solar panels. This portal will also help in promoting and creating awareness regarding usage of rooftop solar in India. […] Read more
Assam Issues Tender For Solar PV-Based Milk Collection Units Under APART Project Updated On Mon, Apr 8th, 2019 by Saurenergy The estimated cost of the project is Rs 2 crore and the last date for bid submission is April 12, 2019. The West Assam Milk Producers Cooperative Union Limited (WAMUL) has invited tenders for procurement of solar PV-based Automatic Milk Collection units. The Government of Assam (GoA, through the Government of India, has received a […] Read more
Deloitte Proposes Roadmap for Achieving India’s 40 GW Rooftop Solar Target by 2022 Updated On Wed, Apr 3rd, 2019 by Saurenergy Scaling up rooftop solar in the MSME sector in India requires addressing issues related to lack of low-cost financing, inadequate level of awareness, and lack of rooftop aggregation models. In order to achieve the government’s ambitious target of building 40 GW of rooftop solar capacity by 2022, professional services and consultancy firm Deloitte has suggested […] Read more
