Small Business Owners in Clean Energy Sector Still Hope for Best Updated On Thu, Jun 8th, 2017 by Saurenergy “Even without the U.S.’s formal participation in the pact, we believe our nation will continue to lead in carbon reduction and clean energy,” Small business owners who install solar panels or help customers use clean energy don’t seem fazed by President Donald Trump’s plan to withdraw the U.S. from the Paris climate accord, saying they […] Read more
KERC accelerating solar projects as demand surges in Karnataka Updated On Wed, Jun 7th, 2017 by Saurenergy The KERC has included cross-subsidy charges on solar power from solar farms. Additionally, it has given a 10-year waiver of key grid charges, for solar power projects commissioned before March 2018. Taking cue from Prime Minster Narendra Modi’s ardent appeal in Paris Climate Conference in 2015 to make India a solar-powered nation, the Karnataka Electricity […] 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
ADB and PNB sign $100 million loan to finance Solar Rooftop projects Updated On Fri, Jun 2nd, 2017 by Saurenergy PNB will use the ADB funds to make further loans to various developers and end users to install rooftop solar systems. The Asian Development Bank (ADB) and the Punjab National Bank (PNB) recently signed a $100 million loan to finance large solar rooftop systems on industrial and commercial buildings throughout India. The loan will be […] Read more
Jaguar Land Rover Transforming Kenyan Lives with the power of the sun, ‘Night Time Sun’ Lights Up Hay Festival Updated On Mon, May 29th, 2017 by Saurenergy The Night Time Sun installation is inspired by the work Jaguar Land Rover is doing to help families in rural Kenya. Its Lighting up Lives project is bringing safe, reliable solar power to 1.2 million people by 2020. Land Rover is harnessing the power of the sun to transform lives with a unique art installation […] Read more
PM Modi Begins Four-Nation Tour, clean energy among others on future roadmap of cooperation Updated On Mon, May 29th, 2017 by Saurenergy Modi said he and Merkel will “chart out a future roadmap of cooperation with focus on trade and investment, security and counter-terrorism, innovation and science and technology, skill development, urban infrastructure, railways and civil aviation, clean energy, development cooperation, health and alternative medicine.” PM Narendra Modi begins his four-nation tour of Germany, Spain, Russia and […] Read more
India extends $500-million LoC to Mauritius, Mauritius submits its instrument of ratification to ISA Updated On Mon, May 29th, 2017 by Saurenergy The LOC agreement was signed between SBM Mauritius Infrastructure Development Co. Ltd and Export-Import Bank of India A $500-million line of credit (LoC) from India to Mauritius is among four agreements signed by the two countries following delegation-level talks headed by Prime Minister Narendra Modi and his Mauritian counterpart Pravind Jugnauth here on Saturday. “#IndiaMauritius […] Read more
Solar Power Juggernaut Will Keep Rolling Despite Higher Taxes Under GST Updated On Sat, May 27th, 2017 by Saurenergy According to a list of 1,211 items released after the meeting of the GST Council, which comprises finance ministers of all the states of the Union, “Photosensitive semiconductor devices; including solar photovoltaic cells, whether or not assembled in modules or made up into panels”, will be charged at a rate of 18 Goods and Services […] Read more
ISA can act as a medium to achieve universal energy access target set up before 2030: Piyush Goyal Updated On Fri, May 26th, 2017 by Saurenergy Piyush Goyal also said that Scaling Solar MiniGrids shall work in tandem with ISA’s over all objectives and already existing two programmes, namely Scaling Solar Applications for Agricultural Use and Affordable Finance at Scale launched on 22nd April, 2016. Minister of State (IC) for Power, Coal, Mines and New & Renewable Energy, Piyush Goyal, at […] Read more