EESL Inks Pact for Rs 500 Cr First Long-Term Rupee Loan Updated On Wed, Jan 2nd, 2019 by Saurenergy The Punjab National Bank (PNB)-issued funds will be utilized by the company towards funding its capital expenditure for its flagship programmes including Street Lighting National Programme, Smart Meter National Programme, Solar Substation, and E-Mobility project. Energy Efficiency Services Ltd (EESL), a joint venture of PSUs under the Union Ministry of Power, has raised its first […] Read more
NEPCO Gets $265 Mn EBRD Loan to Bolster Jordan’s Renewable Energy Updated On Thu, Dec 6th, 2018 by Saurenergy The loan will strengthen NEPCO’s balance sheet through refinancing of existing short-term debt and will fund vitally needed investments to enhance the capability of the grid to absorb and manage renewable power. Multilateral developmental investment lender European Bank for Reconstruction and Development (EBRD) will provide a USD 265 million loan to Jordan’s National Electric Power […] Read more
Rooftop Solar: Democratising Power Generation – One Roof at a Time Updated On Fri, Nov 30th, 2018 by Saurenergy Rooftop solar was the fastest-growing segment within India’s renewable energy sector last year, but it is still not growing fast enough. Capacity adwdition in rooftop solar stood at around 870 megawatt (MW) in 2017, a far cry from the ambitious target of 5,000 MW for FY 2017-18. As of December 2017, cumulative rooftop solar installed […] Read more
Instruments to Accelerate the Advent of Energy Storage in India Updated On Tue, Nov 20th, 2018 by Saurenergy With all the buzz going around energy storage these days, very often than not it is claimed to be the holy grail of renewable energy. Owing to the intermittency and unpredictability in solar and wind generation, high degree of flexibility in Loads and Sources is needed by the electricity grid for absorbing renewable energy beyond […] Read more
India’s Rooftop Solar Market – High on Opportunities and Loaded with Challenges Updated On Wed, Oct 24th, 2018 by Saurenergy Experts from the industry, policy makers and market researchers will share their experience and views and suggest the ways to accelerate the market during three rooftop conference sessions at Intersolar India on December 11-13, 2018 in Bangalore. Net metering was introduced in India as a measure to make rooftop solar more accessible and economical for […] Read more
Viz-A-Viz with Animesh Damani, Managing Partner, Artha Energy Resources Updated On Wed, Oct 17th, 2018 by Saurenergy Q. Please tell our readers more about Artha Energy Resources (AER) as a consultant in renewable energy sector. Artha Energy Resources is India’s first and only Renewable energy focused Investment Bank. Since its inception, the company has done 800 million USD worth of Mergers and Acquisitions. It houses three main divisions viz. a. Investment Banking […] Read more
India brings the world together to discuss Renewable Energy; global community applauds India’s Role Updated On Fri, Oct 5th, 2018 by Saurenergy 2nd Global Re-invest 2018 a resounding success The Ministry of New and Renewable Energy hosted the First Assembly of International Solar Alliance (ISA), 2nd Indian Ocean Rim Association (IORA) Energy Ministerial Meet, 2nd Global RE-Invest Meet & Expo that concluded today at the India Expo Mart in the National Capital Region. The three events were […] Read more
ReneSola Gets EUR 36 Mn Addl Funding for 55 MW Poland Projects Updated On Mon, Jun 18th, 2018 by Saurenergy All these 55 MW projects are under Poland’s Contract for Difference (CFD) regime and eligible for a 15-year guaranteed tariff. Chinese solar company ReneSola said that Sequoia Economic Infrastructure Income Fund (Sequoia) had agreed to extend senior debt facility to EUR 36 million for ReneSola’s 55 MW Poland projects, with 1MW capacity each. In December 2017, Sequoia […] Read more
Viz-A-Viz with Harsh Thacker, Sr Analyst- MOVE (Moving Onwards Vehicle Electrification) Updated On Mon, Apr 30th, 2018 by Saurenergy Q. With all automobile companies helming towards Electric Vehicles, demand for energy and suitable ecosystem is the initial glitch, how is IESA working to outpace these snags? India has a significant market potential for batteries and electric vehicles. Our analysis projects the EV market potential for India would be around 77 million between now […] Read more
