Rs 2,800 Cr To be Invested in Madhya Pradesh Based Solar Park by IFC Updated On Thu, Jan 11th, 2018 by Saurenergy Continues of the speculation by IFC will be utilized for the development, operation, and upkeep of the solar plant. In one of the greatest arrangements in the sustainable power source space, International Finance Corporation (IFC), some portion of World Bank gathering, is near contributing $440 million or Rs 2,800 crore in Rewa Ultra Mega Solar […] Read more
ReNew Power Raises Rs 2,235 Crore From NCD Updated On Wed, Jan 10th, 2018 by Saurenergy The issuance comes in two parts: the first, a credit enhanced NCD worth Rs 760 crore and the second, a multi-issuer cross-collateralised rupee bond involving multiple power distribution companies. ReNew Power Ventures Pvt. Ltd, one of India’s leading clean energy companies, has stated the closure of the issue of non-convertible debentures (NCDs) collectively worth Rs […] Read more
Rooftop Solar Installations in Australia Edge Towards 2 Million Updated On Tue, Jan 9th, 2018 by Saurenergy The figures from the Clean Energy Regulator (CER) show Australia now has a combined 6.29 GW of rooftop solar installed. Rooftop solar installations in Australia are setting new records in the country. The latest figures from Australia’s regulator show that the nation is edging closer to the 2 million mark on this area. The figures from the Clean […] Read more
FPL Opens Four New Solar Power Plants And Shuts Another Coal Plant Updated On Tue, Jan 9th, 2018 by Saurenergy FPL’s new solar plants are designed to effectively pay for themselves over their operational lifetimes. Florida Power & Light Co. has announced the latest major milestones in its ongoing strategy of advancing clean energy affordably for customers: the retirement of one of Florida’s largest coal-fired power plants and the opening of four new solar power […] Read more
Saudi Arabia Indexes Bidders for First Solar Power Venture Updated On Mon, Jan 8th, 2018 by Saurenergy Saudi Arabia, the world’s biggest oil exporter, has hoped to expand far from the asset and has focused on creating 3.45 gigawatts of the sustainable power source by 2020. Saudi Arabia has indexed bids by Acwa Power and a consortium drove by Marubeni to build up the kingdom’s first historically speaking solar power venture as […] Read more
Nestlé to Install 7MW Solar PV Rooftop at Dubai Factories Updated On Thu, Dec 28th, 2017 by Saurenergy The installation of rooftop solar PVis in accordance with Nestlé’s commitment to the RE100 initiative, a global collaborative initiative of influential businesses committed to using 100% renewable energy. Nestlé has signed agreements, witnessed by HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), with Yellow Door Energy, Dubai’s leading […] Read more
Concentrating Solar Power Market Expected to Reach 8.9 Billion Dollars by 2025 Updated On Thu, Dec 28th, 2017 by Saurenergy Growing electricity demand along with rising investments to augment the efficiency index will provide an impetus to the concentrated solar power market growth. The global concentrated solar power market is predicted 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 […] Read more
Year End Review 2017 –MNRE Updated On Wed, Dec 27th, 2017 by Saurenergy Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […] Read more
Three Solar Projects to Be Launched By Vietnam Based TTC, In First Half of 2018 Updated On Wed, Dec 20th, 2017 by Saurenergy With a combined investment of about 3 trillion dong ($132 million), the three projects in central and southern provinces of Vietnam will have a total capacity of around 150 megawatts (MW). Vietnam based TTC Corp expects to start construction work for the country’s first three solar power projects in the first half of 2018, its chairman announced. […] Read more