Coal Secretary Inaugurates 130-MW Solar Power Plant of NLC in Tamil Nadu Updated On Tue, Jan 2nd, 2018 by Saurenergy The entire power generated from the solar plant would be supplied to TANGEDCO, at a preferential tariff of Rs. 5.10 per unit for 25 years, a press release stated. As part of government’s commitment to green energy initiatives, Coal Secretary Susheel Kumar inaugurated a 130 MW solar power project at 33/110 KV pooling substation in […] 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
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
YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector Updated On Wed, Dec 20th, 2017 by Saurenergy The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […] Read more
President of India gives away National Energy Conservation Awards and National Painting Competition Prizes for 2017 Updated On Thu, Dec 14th, 2017 by Saurenergy Industry must cooperate with Government to set up Energy Banks, to meet increasing Energy demand in the Country: Shri Ram Nath Kovind India to reduce Energy Intensity of Economic Growth by one-third by 2030, aim towards Responsible Growth: Shri R.K. Singh India to exceed its Renewable Energy target of 175 GW, to comfortably cross 200 […] Read more
Solar Panel Warranty Insurance Policy Introduced by ICICI Lombard Updated On Wed, Dec 13th, 2017 by Saurenergy The park developers and park owner will be the sole beneficiary as insured, which the Solar Panel Warranty Insurance aims to cater at large. Solar park developers can now be covered by ICICI Lombard General Insurance, the company recently announced. While announcing the company stated “The standalone insurance product gives comfort to lenders and investors […] Read more
INDIA Marches Ahead Updated On Wed, Dec 13th, 2017 by Saurenergy As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […] Read more
India’s Ultra-Mega Solar Project To Be Discussed At France Summit: World Bank Chief Updated On Mon, Dec 11th, 2017 by Saurenergy The ultra-mega solar power projects are a series of solar power projects planned by India to enhance its capacity from 20,000 MW to 40,000 MW. India’s ultra-mega solar project will come up for discussion at the One Planet Summit in France this week, World Bank President Jim Yong Kim has said. The ultra-mega solar power […] Read more
International Solar Alliance to Develop an Insurance Scheme Updated On Fri, Dec 8th, 2017 by Saurenergy International Solar Alliance has created an international expert group to work on blue print of the mechanism which is expected to come out in next year. The International Solar Alliance (ISA), which became a treaty-based global entity on December 6, is planning to develop an insurance scheme – Common Risk Mitigating Mechanism – to protect […] Read more
