Six UP Cities Alone Have Potential to Generate 11.4 GW, Says Report Updated On Sat, Jul 7th, 2018 by Saurenergy Solar rooftop has a game-changing potential to completely revitalize the development landscape with improved power supply, massive capital infusion and a significant rise in job creation In a report released by the Centre for Environment and Energy Development, the six UP cities alone have been identified that can generate 11.4 GW of solar energy using […] Read more
ADB to Provide $45.4 Mn to Spur Off-Grid SPV Pumping for Irrigation in Bangladesh Updated On Sat, Jul 7th, 2018 by Saurenergy ADB grant will help in replacing diesel systems with solar powered irrigation to enhance energy security, reduce local pollution, and mitigate climate change. The project is also expected to result in a reduction of 17,261 tons of carbon dioxide emissions annually. The Asian Development Bank (ADB) will provide USD 20 million loan to Bangladesh […] Read more
Renewables Supply 75% of Electricity in India by 2050: BNEF Report Updated On Sat, Jul 7th, 2018 by Saurenergy “By 2050, renewables supply 87 percent of electricity in Europe, 55 percent in the US, 62 percent in China and 75 percent in India.” The Bloomberg New Energy Finance (BNEF) in its latest New Energy Outlook 2018 (NEO) has forecasted that the renewable energy supply will account of 75 percent of electricity in India by […] Read more
ABB Wants to Expand Factories, Cater to Railways’ Demand Updated On Fri, Jul 6th, 2018 by Saurenergy The company said it spends about USD 100 million on its business in the country every year, ABB India Managing Director Sanjeev Sharma said here. In order to expand their portfolio ABB India, a power and automation technology firm, is looking to expand its facilities to cater to growing demands from railways and also increasing focus on renewable energy space. […] Read more
Znshine Becomes 1st Chinese PV Modules Supplier to Win Contract from BHEL Updated On Thu, Jul 5th, 2018 by Saurenergy Moreover, this contract win also represents a critical step for the Chinese modules supplier as it moves towards expanding its footprints in the Indian market. Chinese photovoltaic (PV) solutions supplier ZNShine Solar has won the bid to provide 37.5 MW of PV modules to Bharat Heavy Electricals Ltd (BHEL), India’s largest power generation equipment maker. Further, the deal […] Read more
Innergex Renewable Completes JV Partnership with Chile-based Energía Llaima Updated On Wed, Jul 4th, 2018 by Saurenergy The Canadian firm has invested an initial amount of USD 10 million via available funds under its corporate revolving credit facilities. Canada headquartered Innergex Renewable Energy has completed its Joint Venture (JV) partnership with Chile-based Energia Llaima for a 50 percent stake in the company. The Canadian firm has invested an initial amount of USD 10 million via available funds under […] Read more
Rooftop Power Plants Can Save 95 Percent on Bills, Says Study Updated On Wed, Jul 4th, 2018 by Saurenergy Residents buying power from a community rooftop solar PV plant, via a subscription plan, could also save up to 35% on their electricity bills. These savings have been estimated over the 25-year lifetime of these systems. Households owning rooftop solar systems could save up to 95% on their electricity bills, says an independent study released at the CEEW Renewable Energy Dialogue […] Read more
Telangana Unveils Electric Vehicle Policy Updated On Mon, Jul 2nd, 2018 by Saurenergy There will be several incentives for vehicle manufacturers, and also sops for setting up charging stations and other infrastructure. Becoming India’s fourth state to declare its own solar policy, Telangana has unveiled electric vehicle policy which would help in the smooth transition to electric vehicles. The policy will help the state in rolling out a new […] Read more
India Plans to Auction 40 GW Renewables Per Year for Next 10 Years Updated On Mon, Jul 2nd, 2018 by Saurenergy “We have to do 350 GW in solar (to meet demand by 2030), of which 100 GW is planned till 2022. So we have to bid out at least 30 GW each year from 2020 onwards to achieve additional 250 GW.” To boost the local manufacturing and help developers of the country, India has decided […] Read more
