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
Green Energy Association Mulls to Move SC Against APTEL Order on RECs Updated On Mon, Apr 16th, 2018 by Saurenergy Last week, the Appellate Tribunal for Electricity (APTEL) had rejected the petition of Green Energy Association and other similar pleas against the CERC’s order. Industry body Green Energy Association is planning to move the Supreme Court against the tribunal APTEL’s order which upheld power regulator CERC’s ruling reducing forbearance and floor price of renewable energy certificates (RECs) of solar and non-solar energy. The Green […] Read more
ADB, ISA Sign Pact to Promote Solar Energy Updated On Mon, Mar 12th, 2018 by Saurenergy The ISA and the ADB would also cooperate on knowledge sharing and developing technology roadmaps for the promotion of solar energy. The Asian Development Bank (ADB) and the International Solar Alliance (ISA) has signed a cooperation arrangement to promote solar energy deployment in Asia and the Pacific. Upendra Tripathy, ISA interim director general and ADB […] Read more
Microsoft Inks Solar Energy Pact with Atria Power to Lighten its B’lore Office Updated On Tue, Mar 6th, 2018 by Saurenergy Microsoft will purchase 3 megawatts of solar-powered electricity from the Bangalore-based company, which will meet 80 per cent of the projected electricity needs at the new facility. Microsoft Corp., an IT giant, has singed its first renewable energy deal with Atria Power, a renewable power producer, to power its new office building in Bangalore, Karnataka. As per […] Read more
SunSource Energy Aims to Set-Up 200 MW Solar Park in UP Updated On Sat, Feb 17th, 2018 by Saurenergy The project will be financed through a mix of debt and equity. Solar power solutions provider, SunSource Energy Pvt Ltd is planning to build a 200-mw solar park in Uttar Pradesh (UP) with an investment of Rs 900 crore. Commenting on the matter, SunSource Energy, President, and Co-Founder, Kushagra Nandan said, “At the Uttar Pradesh Investors Summit […] Read more
SunSource Energy Raises Fund from SBICAP Neev Fund via PE Investment Updated On Fri, Feb 16th, 2018 by Saurenergy This investment would be used in developing solar project assets in states with low levels of capital investment, namely Uttar Pradesh, Rajasthan, Madhya Pradesh, Bihar, Orissa, Jharkhand, West Bengal and Chhattisgarh. Solar energy products supplier, SunSource Energy Pvt Ltd has raised an undisclosed amount from the Neev Fund, which is a joint venture between SBI […] Read more
Mining Clean Energy That Looks To Our Future Demands Updated On Tue, Feb 13th, 2018 by Saurenergy The goals of Paris climate Agreement was discussed when all the eminent representatives across the globe met at a meeting in Bonn in November 2017. The major challenging point of discussion revolved around rapid scaling up the deployment of renewable energy, mitigating the fossil fuel use in the meantime. The major aspect is still at […] Read more
The9 Singapore Inks Pact with Solar Energy Company on Blockchain Technology Updated On Thu, Feb 1st, 2018 by Saurenergy Pursuant to the agreement, with respect to the trading and distribution of solar energy using blockchain technology, The9 Singapore will provide C&I with related blockchain technology, one-stop solution and community operation. The9 Singapore, an Internet company announced that it has signed a partnership agreement with C&I Singapore Renewable and Innovative Tech. (“C&I”) in relation to […] Read more
Energy Eco Chain Re-energizes The World Of Energy With Blockchain Updated On Tue, Jan 30th, 2018 by Saurenergy Energy Eco Chain brings its technology to 2018 APEC Summit. It will support Batam in its Smart and Digital Economy Initiative (SDEI) With an aim to swiftly integrate the headlonging evolution of blockchain to advance the energy sector, Energy Eco Chain (EEC) held its inaugural seminar in Singaporeto introduce its cutting-edge platform for energy supply […] Read more
