Adani & Azure Winners in SECI’s Manufacturing-Linked Solar Tender Updated On Sat, Jan 18th, 2020 by Saurenergy Adani Green Energy and Azure Power have emerged as the successful bidders in SECI’s first manufacturing-linked solar tender Adani Green Energy and Azure Power have emerged as successful bidders in Solar Energy Corporation of India’s (SECI’s) first manufacturing-linked solar tender, a top government official has confirmed. Adani has bid for 1.5 GW solar cell manufacturing capacity and 6 GW generation capacity, MNRE Secretary […] Read more
Energy Transformation can Employ 40 mn People in Renewables: Report Updated On Mon, Jan 13th, 2020 by Saurenergy The renewables sector could employ more than 40 million people by 2050 under IRENA’s climate-safe energy path, according to a new report. The renewables sector could employ more than 40 million people by 2050 under the International Renewable Energy Agency’s (IRENA) climate-safe energy path, according to a new report published by the Agency during its […] Read more
Solarcentruy Secures Finance to Build 500 MW Solar Projects in Spain Updated On Thu, Jan 9th, 2020 by Saurenergy Solarcentury has secured a new EUR 54.8 million banking facility for the construction of two solar plants in Spain, with a combined capacity of 500 MW Solarcentury, the global integrated solar power company with operations across Europe, Latin America and Africa, has announced that it has secured a new EUR 54.8 million banking facility with […] Read more
AIIB to Invest $65 Mn in Hero Future’s 250 MW Solar Project in Raj Updated On Mon, Dec 23rd, 2019 by Saurenergy Beijing-headquartered multilateral development bank, Asian Infrastructure Investment Bank (AIIB) has approved the investment of USD 65 million in Hero Future Energies’ 250 MW solar power project in Jodhpur, Rajasthan. The lender said in a statement that “as part of ongoing efforts to mobilize private capital for infrastructure, President Jin also approved a USD65-million 250-MW solar power […] Read more
Odisha Launches Solar Power & Other projects Worth Rs 8939 cr Updated On Mon, Dec 2nd, 2019 by Saurenergy Odisha has launched 27 industrial projects, involving a total investment of Rs 8,939 crore. The projects involve solar plants, amongst many others. Odisha Chief Minister Naveen Patnaik has launched 27 industrial projects, involving a total investment of around Rs 8,939 crore. The projects being initiated involve solar power plants, cement plants amongst many others. Patnaik inaugurated five projects […] Read more
EIB Grants €50 mn Loan to Iberdrola for 111 MW Wind Farm in Spain Updated On Thu, Nov 28th, 2019 by Saurenergy EIB will provide EUR 50 million in financing to an Iberdrola and Caja Rural de Navarra JV, to build wind energy projects worth a combined 111 MW in Spain The European Investment Bank (EIB) has announced that it will provide EUR 50 million in financing to Renovables de la Ribera, a 50-50 joint venture between Iberdrola and […] Read more
Will the ban on ‘Blue Wafer Cell’ help in boosting the domestic solar manufacturing? Updated On Sat, Nov 23rd, 2019 by Saurenergy Recently, government had imposed restrictions on the use of imported ‘blue wafer/ diffused silicon wafer’ for the manufacturing of solar PV cells, as such PV cells will not qualify under the category of domestically manufactured solar cells under various government schemes. Here’re some views and voices from the solar industry on its impact: Manish Aggarwal, […] Read more
India’s Largest Solar Project Worth Rs 50k Cr to be Completed in 4 Yrs: Amit Shah Updated On Mon, Nov 18th, 2019 by Saurenergy The Union Home Minister Amit Shah has said that the country’s largest solar project of 7.5 GW worth Rs 50,000 crore will be completed in four years, besides 9 MW hydro power project. Shah further added that, this will not only bring development in the Ladakh region but will also create employment opportunities. He was […] Read more
SECI’s Manufacturing-Linked Solar Tender Oversubscribed Updated On Thu, Nov 14th, 2019 by Saurenergy SECI has finally received a solid response for its auction for its manufacturing-linked solar energy projects tender. The Solar Energy Corporation of India (SECI), after multiple and arduous extensions, has finally received a solid response for its auction for the infamous manufacturing-linked solar energy projects tender. The request for selection for which SECI recently held […] Read more