Azure Power Taps IBRD (World Bank) Loan to Scale its solar rooftop platform Updated On Fri, Jun 16th, 2017 by Saurenergy The loan is for 15 years with an interest rate of 8.35% per annum, one of the lowest interest rates availed by a solar power developer in the Indian solar sector to date. The loan will be utilized to scale Azure Roof Power, Azure Power’s solar rooftop platform. Azure Power, an independent solar power producer […] Read more
This solar paint can turn water vapor into hydrogen Updated On Thu, Jun 15th, 2017 by Saurenergy The solar paint contains a newly developed compound that acts like silica gel, which is used in sachets to absorb moisture and keep food, medicines and electronics fresh and dry. But unlike silica gel, the new material, synthetic molybdenum-sulphide, also acts as a semi-conductor and catalyses the splitting of water atoms into hydrogen and oxygen. […] Read more
Waaree Energies commissions 23 MW Solar Power project in Rajasthan Updated On Thu, Jun 15th, 2017 by Saurenergy Waaree will supply power from the solar power plant which spreads across 100 acres at Khetusar in Rajasthan to MSL Plant for 25 years Waaree Energies Ltd. has announced that it has commissioned 23 MW solar power project at Khetusar in Rajasthan. The commissioned solar project is owned by Maharashtra Seamless Ltd. (MSL), a Group […] Read more
Coal India to set up 1000 MW Solar Power Plant: Piyush Goyal Updated On Wed, Jun 14th, 2017 by Saurenergy Coal India Ltd (CIL) will set up 1,000 Megawatt (Mw) solar power plant in a bid to reduce its carbon footprint. The Minister for Coal, Mines and Renewable Energy, Piyush Goyal recently announced that India for the first time became an energy exporter in the year 2016-17. He also said that Coal India Ltd (CIL) […] Read more
Azure Power Commissions 100 MW NTPC Solar Project in Andhra Pradesh Updated On Wed, Jun 14th, 2017 by Saurenergy The 100 MW solar power project was auctioned by NTPC and has been set up at Kurnool Ultra Mega Solar Park. Azure Power, a leading independent solar power producer in India, has announced that it has commissioned a 100-megawatt (MW) solar power plant in Andhra Pradesh. The project was auctioned by NTPC, which has a […] Read more
EBRD Invests in Second Solar Park in Kazakhstan Updated On Tue, Jun 13th, 2017 by Saurenergy The EBRD’s investment in the southern Zhambyl region follows Burnoye Solar Park -1, the award-winning first utility-scale renewable energy project in Kazakhstan under the new legislation which enabled private investment in the sector. The European Bank for Reconstruction and Development is financing the 50 MW Burnoye Solar Park-2 project in Kazakhstan in partnership with the […] Read more
NEXTracker Achieves 1 GW of Solar Tracker Sales in India Updated On Tue, Jun 6th, 2017 by Saurenergy NEXTracker’s projects commissioned or under construction with Sterling & Wilson, Adani Green Energy, SkyPower, CleanMax Solar, Suzlon, and ReNew Power are milestones that demonstrate the rapidly growing adoption of solar trackers in India. NEXTracker has announced that it has sold over 1 gigawatt (GW) of solar trackers to utility-scale power plants in India. This achievement […] Read more
Indian Railways to Reduce Emission by 33 Percent by 2030 Updated On Mon, Jun 5th, 2017 by Saurenergy The use of renewable sources of energy will be promoted for which a big target has been set to achieve 1000 MW of solar power installed capacities. Going green, the Indian Railways is stepping up efforts to reduce emission by 33 percent in the next 10-12 years through sustained energy efficiency measures and maximum use […] Read more
SBI to Finance Rs 400 crore for 100 MW of Rooftop Solar Power Projects Updated On Sat, Jun 3rd, 2017 by Saurenergy With the World Bank-funded capacity development program, the SBI aims to expand and incentivize the market for rooftop solar power projects by way of low cost financing. The State Bank of India has announced its decision to finance 100 MW Solar Power Project worth Rs 400 crore. To this regard, the SBI has secured a […] Read more
