ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India Updated On Wed, Jan 18th, 2017 by Saurenergy ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […] Read more
Solar Energy Can Add Value To Poverty Alleviation Efforts: Piyush Goyal Updated On Wed, Jan 18th, 2017 by Saurenergy Solar energy can help in poverty alleviation programmes as it can provide income to a large number of people having land but no income from it Power Minister Piyush Goyal at World Future Energy Summit 2017 in Abu Dhabi said Solar energy can help in poverty alleviation programmes as it can provide income to a […] Read more
Energy Storage India 2017 Brings Global Industry Leaders in Energy Storage and Micro-grids to India Updated On Mon, Jan 16th, 2017 by Saurenergy Energy Storage India Conference and Expo was held at the Nehru Convention Centre in Mumbai, organized by Customized Energy Solutions and Messe Dusseldorf India, powered by India Energy Storage Alliance. Mumbai recently hosted a specialized International Conference and Expo on Energy Storage and Microgrids with over 250 delegates and 1000+ visitors. The 4th edition of […] Read more
India will be among the largest installations of renewable energy by 2022: Piyush Goyal Updated On Mon, Dec 26th, 2016 by Saurenergy Asserting that the present generation has the duty to leave behind a better place to live in for the next generation, Minister of State for Power, Coal, New and Renewable Energy and Mines Piyush Goyal on Saturday said by 2022, India will be one of the largest installations of renewable energy in world. Goyal also […] Read more
sPower Connects its Largest Solar Project to the Grid Updated On Tue, Dec 20th, 2016 by Saurenergy sPower and the California Department of Water Resources (DWR) has announced commencement of commercial operations of the 107 megawatt (MWdc) Solverde 1 solar farm. The project is located in the City of Lancaster, Calif., in northern LA County. sPower installed more than 330,000 solar modules with a peak construction crew of 250 plus workers. The […] Read more
Canadian Solar Secures USD 62.8 million Refinancing For 50 Megawatts Solar Power Projects Updated On Mon, Dec 19th, 2016 by Saurenergy Canadian Solar has secured GBP 49.3 million (US$62.8 million) non-recourse term loan facilities to refinance a portfolio of 10 solar power plants, with total capacity of 50 megawatts in the United Kingdom. National Westminster Bank (NatWest), a subsidiary of RBS Group, is providing the 18.7-year term facility. Part of the proceeds will be used to […] Read more
India Signs Grant Agreement with IBRD of USD 5.19 million for Improving Energy Efficiency in MSME’s projects Updated On Thu, Dec 15th, 2016 by Saurenergy An agreement for GEF Grant of USD 5.19 Million for “Additional Financing for Financing Energy Efficiency at MSMEs Project- Programmatic Framework for Energy Efficiency” was signed by Raj Kumar, Joint Secretary (MI), Department of Economic Affairs on behalf of the Government of India and Junaid Ali Ahmad, Country Director, World Bank (India) on behalf of […] Read more
sPower Inks 105 Megawatt 20-Year Solar PPA with MCE Updated On Fri, Dec 9th, 2016 by Saurenergy sPower has announced that it has been awarded a 20-year power purchase agreement (PPA) with MCE, a Community Choice Aggregation (CCA) program serving Marin County, Napa County and the cities of Benicia, El Cerrito, Lafayette, Richmond, San Pablo and Walnut Creek. The PPA is for 105MWac of photovoltaic solar power. The power will be generated […] Read more
It Is Imperative To Explore New Technologies For Developing Greener Fuels: Piyush Goyal Updated On Wed, Dec 7th, 2016 by Saurenergy Union Minster of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal chaired a Ministerial session on ‘Hydrocarbons to fuel the Future: Choices and Challenges’ at the Petrotech-2016 on Tuesday. Goyal at Petrotech emphasized on the point that India, despite the dominance of fossil fuels in its energy mix in the near […] Read more
