India: Karnataka retenders 200MWPavagada Solar Park Updated On Sat, Nov 25th, 2017 by Saurenergy Karnataka will procure electricity generated from the solar power park through long-term power purchase agreements of 25 years. The Karnataka Renewable Energy Development Limited (KREDL), the renewable energy implementing agency in Karnataka, has retendered 200 MW of solar capacity at Pavagada Solar Park. The tender was initially issued in July 2017 but was withdrawn the […] Read more
Government announces Trajectory to achieve its targets of commissioning 100 GW of Solar generating capacity and 60 GW of Wind power by 2022 Updated On Fri, Nov 24th, 2017 by Saurenergy Government to conduct Third Wind Power Auction of 2000 MW Capacity Power Supply Agreements signed by SECI with utilities of UP, Bihar, Jharkhand, Assam, Punjab, Goa and Odisha The Government today announced the trajectory for achieving its targets of commissioning 175 GW of Renewable Energy (RE), 100 GW of solar generating capacity and 60 GW […] Read more
International Solar Alliance Energizing Future Updated On Wed, Nov 22nd, 2017 by Saurenergy India’s brainchild, the International Solar Alliance celebrated its inception this November, and looks ahead to become a legal entity on 6th December 2017. An Indian initiative to forge a global coalition to harness solar energy, International Solar Alliance was launched at the CoP21 Climate Conference by Prime Minister Narendra Modi and the then French President Francois […] Read more
India Plans Rent a Roof Policy to Boost Solar Power Generation Updated On Thu, Nov 16th, 2017 by Saurenergy Under this policy developer will take rooftops on rent and will offer lease to each household, and then feed the power to the grid, says MNRE secretary. To achieve the ambitious target of adding 100GW of solar energy by 2022, the Government is planningon a “rent a roof” policy, said Anand Kumar, secretary in the […] Read more
Investonomics on Indian Sun is Hot! Updated On Tue, Nov 7th, 2017 by Saurenergy Today, solar power is not merely a power demand catalyst rather this sector preaches colossal economics in the world affairs. Clouds around solar sector have dynamically revolved as murmurs of its transient nature of solar power are eluded. Solar and wind projects in the country would attract USD 20 billion investment each year from next […] Read more
Europe’s First Blockchain Project to Stabilize the Power Grid Launches Updated On Sat, Nov 4th, 2017 by Saurenergy The blockchain solution was developed by IBM while sonnen provides the pool of home energy storage systems that form the network and are operated by sonnen e-Services. The intelligent management of the energy storage systems adapts individually to the respective situation in TenneT’s grid. The first pilot project in Europe using decentralized networked home energy […] Read more
India and Other Emerging Economies Can Unlock Trillions of Dollars in Climate Finance: IFC Global Report Updated On Thu, Nov 2nd, 2017 by Saurenergy Estimates indicate that India is on track to exceed its target of reducing greenhouse-gas emissions intensity by up to 35 percent by 2030. Developing countries like India can meet climate targets promised in the landmark Paris Agreement by catalyzing trillions of dollars in private investments through a combination of smart policy reforms and innovative business […] Read more
Global concentrated solar power market to reach USD 8.92 billion by 2025: Research and Markets Updated On Wed, Nov 1st, 2017 by Saurenergy Research and Markets in its new report predicts the global concentrated solar power market to reach USD 8.92 billion by 2025. Increasing awareness about renewable energy along with government regulations to control growing carbon footprint is further propelling the market growth. Increasing clean energy adoption over non-renewable fuels is expected to drive the global concentrated […] Read more
Scatec Solar Closes Financing for 400MW Solar PV Plant in Egypt Updated On Mon, Oct 30th, 2017 by Saurenergy The six solar PV projects totaling 400MW involving a total investment of USD 450 million are located in the Benban solar park in Aswan in Upper Egypt. Scatec Solar ASA (SSO) and partners have achieved financial close for six solar PV power plants in Egypt totaling 400 MW. A consortium of international Development Finance Institutions […] Read more
