The Indian Solar Standalone Product Market Projected to Reach Rs 26,178 Mn by 2023 Updated On Thu, Jan 31st, 2019 by Saurenergy The unveiling of a report, titled- ‘Peering into the future – India and the solar standalone products market’ by GOGLA, at the IDEF event, steer the discussions to the future of the distributed solar market in India, business opportunities, impact and innovations. GOGLA, together with International Finance Corporation, and Ashden India Collective, opened the conference […] Read more
Viz-A-Viz with Andrew Hines, Co-Founder, CleanMax Solar Updated On Thu, Jan 31st, 2019 by Saurenergy First Loss Protection Program Could be a Passible Support To promote a broadening of the rooftop segment into those underserved markets, the government can play a very important role. One possible support would be a “first loss protection” program, in which the government or a multilateral agency would absorb some of the credit risk of […] Read more
GE Expands Renewable Energy Portfolio Updated On Thu, Jan 31st, 2019 by Saurenergy The proposed moves will enable GE Renewable Energy to drive more local and integrated solutions, simplify its structure, and improve performance. GE has announced that it intends to intensify its focus on the growing renewable energy market by consolidating all of the company’s renewable and grid assets into a single, simplified Renewable Energy business. GE […] Read more
Tata Power’s Renewable Biz Shines in Q3 FY19; Now Brings Rooftop Offer to Cochin Updated On Wed, Jan 30th, 2019 by Saurenergy During the quarter, its consolidated revenue rose by 16 percent at Rs 7,571 crore as compared to Rs 6,506 crore last year. Country’s one of the leading integrated power company, Tata Power’s renewable energy business showed impressive growth during the October-December quarter of FY19 as its consolidated EBITDA grew by 9 per cent to Rs […] Read more
Cab Aggregators Urged to Launch Electric Taxis in Gujarat Updated On Wed, Jan 30th, 2019 by Saurenergy Gujarat government has asked cab companies to launch electric taxi’s in the state, to align with the states planned EV push and new electric vehicle policy. The Gujarat Government has asked cab aggregators the likes of Uber and Ola to launch electric taxis in the state. As the government plans for a big push for […] Read more
AfDB Approves $25 Mn Fund For Renewable Energy Projects in Africa Updated On Wed, Jan 30th, 2019 by Saurenergy The Fund’s strategy is to prioritize projects with a clear timeline to financial close, with emphasis on de-risking early stage greenfield projects. The African Development Bank Group (AfDB) has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF), a US$ 250 million private equity fund for renewable energy […] Read more
UAE’s Yellow Door Energy Raises $65 Million Updated On Wed, Jan 30th, 2019 by Saurenergy The investment comes from IFC, Mitsui, Equinor, APICORP and Adenium and will be used to expand distributed solar and energy efficiency solutions into new markets. Yellow Door Energy, a UAE-based leading solar developer, announced that it has raised $65 million in Series A financing to scale its investments in solar energy and energy efficiency solutions […] Read more
Tender for Geo-Technical Study of 500 MW Kadaladi Solar Park to Close on Jan 31 Updated On Wed, Jan 30th, 2019 by Saurenergy The last date for bid-submissions is January 31, 2019. And the bids will open on the same day I.e. January 31, 2019. The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has issued a tender for conducting geotechnical testing for the establishment of its 500 MW Kadaladi Solar Park in the Ramanathapuram District of Tamil Nadu. […] Read more
NISE Extends Deadline for Tender for Probe Holder Assembly for Contacting Solar Cells Updated On Wed, Jan 30th, 2019 by Saurenergy The last date of bid-submissions has been extended from January 25, 2019, to February 1, 2019, as per the new notification. The National Institute of Solar Energy (NISE), an autonomous institute under the Ministry of New and Renewable Energy (MNRE) has issued a notification for the extension in the deadline for bid-submissions for its tender. […] Read more