World Bank announces to provide more than $1 billion for India’s solar project Updated On Thu, Jun 30th, 2016 by Saurenergy The World Bank Group has signed an agreement with India led International Solar Alliance (ISA) to work together on increasing solar energy use around the world, with the goal of mobilizing $1 trillion in investments by 2030. The agreement was signed in the presence of Finance Minister Arun Jaitley, Power, Coal, New and Renewable Energy minister Piyush […] Read more
SolarCity announces Special Committee for Tesla Deal Updated On Tue, Jun 28th, 2016 by Saurenergy Just after the American electric car maker, Tesla proposed an acquisition deal with SolarCity – the solar panel manufacturer company has recently formed a special committee of just two directors to evaluate Tesla Motors $2.8 billion acquisition deal. SolarCity independent directors Donald Kendall and Nancy Pfund will serve on the committee. Kendall is the chief […] Read more
Solar Park in India: Scope, Status, Achievement, and Challenges Updated On Sat, Jun 25th, 2016 by Saurenergy India, with its large population and rapidly growing economy, needs access to clean, cheap and reliable sources of energy. The government with the Jawaharlal Nehru National Solar Mission has been promoting ecologically sustainable growth while addressing India’s energy security challenge. The Government of India’s ambitious plan to add 100 GW of solar capacity by 2022 […] Read more
US and India announces creation of a $20 million USICEF initiative Updated On Wed, Jun 8th, 2016 by Saurenergy The United States welcomed the launch of the International Solar Alliance (ISA), recognizes the critical role it can play in the development and deployment of solar power, and intends pursuing membership in the ISA. To further strengthen ISA together, US and India will jointly launch the third Initiative of the ISA which will focus on […] Read more
Azure Power inaugurates 28 MW solar power plant in Punjab, lays foundation for another 150 MW Updated On Mon, Jun 6th, 2016 by Saurenergy Azure Power inaugurated a 28 MW solar power plant in Killianwali village of Muktsar district, Punjab. Simultaneously, the firm laid foundation for another 150 MW solar power project in the same village. The newly operational solar plant was commissioned in less than ten months from the signing of the Power Purchase Agreement (PPA). With a […] Read more
Georgia Power’s 30-MW solar facility at Fort Benning starts operation Updated On Thu, Jun 2nd, 2016 by Saurenergy Georgia Power, the Army Office of Energy Initiatives (OEI), General Services Administration and the Georgia Public Service Commission (PSC) marked the start of operations of a new 30 megawatt (MW) solar project at Fort Benning, near Columbus, Georgia. The facility is the first of five on-base military solar projects currently being developed by Georgia Power […] Read more
World Bank approves $750 Million loan to Support India’s Grid Connected Rooftop Solar Program Updated On Tue, May 17th, 2016 by Saurenergy The World Bank Board has approved a $625 million loan to support the Government of India’s grid connected rooftop solar programme to generate clean energy. World Bank has also approved a co-financing loan of $120 million on concessional terms and a $5 million grant from Climate Investment Fund’s (CIF) Clean Technology Fund. The project will […] Read more
Cabinet chaired by the PM Modi apprised of a GFA on RE Cooperation between India and UAE Updated On Fri, May 13th, 2016 by Saurenergy The Union Cabinet chaired by PM Narendra Modi was apprised of General Framework Agreement (GFA) on Renewable Energy (RE) Cooperation between India and UAE. The General Framework Agreement was signed by the two nations on 11th February in New Delhi this year during the state visit of Crown Prince of UAE. The GFA aims at […] Read more
GE Power and Partners convened to discuss the country’s evolving electricity landscape Updated On Thu, May 12th, 2016 by Saurenergy GE and partners convened distinguished members from the government of India, policy leaders and industry experts to discuss the country’s evolving electricity landscape and explore pathways towards a modern, affordable, reliable and sustainable energy future. The most prominent topics of discussion were energy efficiency and digital solutions for India, which were shown to have the […] Read more
