IREDA & European Investment Bank sign Euro 150 million Loan Agreement for Renewable Energy Financing in India Updated On Sat, Mar 10th, 2018 by Saurenergy More than 1 million Indian households to benefit from the new initiative EIB has extended this line of credit without insisting for sovereign guarantee from Government of India European Investment Bank (EIB) and Indian Renewable Energy Development Agency (IREDA) Ltd. have signed a loan agreement for a second line of credit (LoC) of Euro 150 […] 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
Microsoft Inks Solar Energy Pact with Atria Power to Lighten its B’lore Office Updated On Tue, Mar 6th, 2018 by Saurenergy Microsoft will purchase 3 megawatts of solar-powered electricity from the Bangalore-based company, which will meet 80 per cent of the projected electricity needs at the new facility. Microsoft Corp., an IT giant, has singed its first renewable energy deal with Atria Power, a renewable power producer, to power its new office building in Bangalore, Karnataka. As per […] Read more
Smart Grids Overcome Renewable Energy Variability and Uncertainty Updated On Mon, Feb 26th, 2018 by Saurenergy Smart grids—modernized networks that enable bidirectional flows of energy and use two-way communication and control capabilities, and “distributed generation”— will address the variability and uncertainty of RE without utilities having to add to their conventional Renewable Energy (RE, which includes hydro, biomass, and geothermal as well as the more familiar photovoltaic (PV) and wind) faces […] Read more
Indian Scientists Develop Next-Gen Test-Bed to Generate Clean Energy Updated On Fri, Feb 23rd, 2018 by Saurenergy This early stage research, of India’s one of the premier institutes, could potentially be useful for meeting the energy needs of the country. Indian scientists have developed a super critical carbon dioxide (CO2) Brayton test loop facility to generate clean energy from future power plants including solar thermal. It was developed by the Indian Institute […] Read more
Cleantech Solar Bags 27 MW Rooftop Solar PV Projects in Asia Updated On Sat, Feb 17th, 2018 by Saurenergy Cleantech Solar, which was founded in the year 2014, has a portfolio of more than 80 MW, spread across a hundred sites in India and South-East Asia. Cleantech Solar, a Singapore-based solar project developer, has announced that it will build industrial rooftop solar projects totalling 27 MWp across Asia for three separate customers. Cleantech Solar […] Read more
SunSource Energy Raises Fund from SBICAP Neev Fund via PE Investment Updated On Fri, Feb 16th, 2018 by Saurenergy This investment would be used in developing solar project assets in states with low levels of capital investment, namely Uttar Pradesh, Rajasthan, Madhya Pradesh, Bihar, Orissa, Jharkhand, West Bengal and Chhattisgarh. Solar energy products supplier, SunSource Energy Pvt Ltd has raised an undisclosed amount from the Neev Fund, which is a joint venture between SBI […] Read more
Mining Clean Energy That Looks To Our Future Demands Updated On Tue, Feb 13th, 2018 by Saurenergy The goals of Paris climate Agreement was discussed when all the eminent representatives across the globe met at a meeting in Bonn in November 2017. The major challenging point of discussion revolved around rapid scaling up the deployment of renewable energy, mitigating the fossil fuel use in the meantime. The major aspect is still at […] Read more
Cleanmax Solar Installs Rooftop Solar Plant for Knorr-Bremse Systems Updated On Wed, Feb 7th, 2018 by Saurenergy The solar plant will be installed at Knorr-Bremse’s manufacturing facility in Hinjewadi, Pune, and one of the biggest at any of its facilities globally. CleanMax Solar, a rooftop solar developer has installed a rooftop solar plant for Knorr-Bremse systems for Commercial Vehicles India Pvt Ltd, a manufacturer of braking systems for rail and commercial vehicles. […] Read more
