World Bank Approves $300 Mn to Scale Up India’s Energy Efficiency Program Updated On Sat, May 19th, 2018 by Saurenergy The program will be implemented by the EESL, to help scale up the deployment of energy saving measures in residential as well as public sectors, strengthen EESL’s institutional capacity, and enhance its access to commercial financing. The World Bank has approved a USD 220 million loan and an USD 80 million guarantee for the country’s energy efficiency […] Read more
SB Energy Wins 200 MW Auction in Karnataka Updated On Sat, May 19th, 2018 by Saurenergy The only competitor in the bidding of new projects was Tata Power Renewable Energy. Tata’s bid for the projects was Rs 2.83 per unit, which is one paisa more than that of SB Energy. Auctioned by Solar Energy Corporation of India (SECI), SB Energy has bagged entire 200 MW of solar projects at a tariff […] Read more
Rooftop Solar Grids: New Trend in AP District Vizag Updated On Sat, May 19th, 2018 by Saurenergy The Andhra Pradesh Central Power Distribution Company Limited (APEPDCL) revealed that till February of this year, 563 rooftop solar grids were synchronized with the grid providing a total capacity of 6,837 kW with another 736 units of 3,651 kW capacity in pipeline. The solar power development in the city of Vizag in Andhra Pradesh is […] Read more
Pfister Energy Picked For Lockheed Martin’s Largest Solar Field Updated On Fri, May 18th, 2018 by Saurenergy The 8-acre, ground mount, photovoltaic solar field will reduce the facilities environmental impact through this upgrade by saving 5 percent of its annual electric usage. Pfister Energy, specialist in designing and building large-scale, complex solar projects, was chosen to design, build and construct a 2.5 MW (DC) solar field for Lockheed Martin’s Moorestown facility. Further, the […] Read more
India’s Renewable Energy Sec to Create 4.5 Mn Jobs: Study Updated On Fri, May 18th, 2018 by Saurenergy The two green energy sectors have started to outpace fossil fuel energy in terms of returns. It provides 12 per cent higher annual returns, 20 per cent lower annual volatility and 61 per cent higher risk-adjusted returns than conventional source of energy sectors like coal and the natural gas, the study has found. The renewable […] Read more
Azure Power Wins 130 MW Solar Power Project in Maharashtra Updated On Fri, May 18th, 2018 by Saurenergy At the tariff rate of Rs 2.27 per KW Azure Power will sign a Power Purchase Agreement (PPA) with MSEDCL for 25 years. The project is expected to be commissioned in 2019 and will be developed by Azure Power outside a solar park. In a recent auction by Maharashtra State Electricity Distribution Company Limited (MSEDCL), […] Read more
Sterlite Power Gets $47 Mn Conductor Order from GS S Korea Updated On Fri, May 18th, 2018 by Saurenergy The ACCC will be used for a new 400 kv transmission line across a route length of 169-km on a Power Grid Company of Bangladesh project. One of the global developers of power transmission infrastructure, Sterlite Power has bagged an order worth USD 47 million from GS S Korea for supply of High-Performance Conductor (ACCC). […] Read more
Investors Fear Depreciation in Rupee May Affect Solar Tariffs: Study Updated On Thu, May 17th, 2018 by Saurenergy “If the rupee depreciates to Rs 67 from Rs 65 between the time of tariff bidding and finalisation of terms of payment for module supply (which can easily extend to 6-8 months), the solar power developer will suffer an overall four paisa per unit reduction in margin, which is significant considering the modest margins for […] Read more
Energy is a basic human right, says Schneider Electric at Sustainable Energy for All Forum Updated On Thu, May 17th, 2018 by Saurenergy The agenda was to share the latest evidence of progress on SDGH7 and scalable innovations in providing energy efficiency around the world. Schneider Electric, a digital transformation of energy management and automation, recently participated in the Sustainable Energy for All (SEforALL) Forum in Lisbon. The theme of the forum was “leaving No One Behind”. The […] Read more
