ISA-EU Sign Agreement to Promote Solar Energy Updated On Wed, Dec 12th, 2018 by Saurenergy ISA, which is a joint initiative of India and France, was launched in 2015 to help the 121 member countries in increasing the utilization of the potential solar energy. India led ISA and the European Union signed an agreement to enhance solar energy on the sidelines of the ongoing Conference of the Parties to the […] Read more
NABARD Inks USD 100 Million Pact with Green Climate Fund for Solar Rooftops Updated On Mon, Dec 10th, 2018 by Saurenergy The USD 250 million project, to be executed by Tata Cleantech Capital Ltd, will receive the GCF support through NABARD, which is the National Implementing Entity (NIE). Pushing for rooftop solar in India, the National Bank for Agriculture and Rural Development (NABARD) has signed an agreement with the Green Climate Fund (GCF) to infuse $100 […] Read more
KREDL Floats 50 MW Tender To Be Developed In Karnataka’s Pavagada Solar Park Updated On Mon, Dec 10th, 2018 by Saurenergy The project will be developed in two blocks of 10 MW each and two blocks of 15 MW each and the tenders seeks out contractor for the EPC of the project. The Karnataka Renewable Energy Development Limited (KREDL) has floated a tender for developing 50 MW of grid-connected solar project at Pavagada Solar Park, situated […] Read more
MSEDCL Floats Tender to buy 1000 MW Grid-Connected Solar Power Updated On Mon, Dec 10th, 2018 by Saurenergy Setting a ceiling tariff of Rs 2.80 per kilowatt per hour, the distribution company will sign a power purchase agreement for a period of 25 years with the successful bidder. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has floated a tender for purchasing electricity from 1,000 MW grid-connected solar photovoltaic power projects on a […] Read more
Year End Review 2018 – MNRE Updated On Mon, Dec 10th, 2018 by Saurenergy India attains global 4th and 5th positions in wind and solar power installed capacities; India now at 5th global position for overall installed renewable energy capacity A total of 101.83 billion units of power were generated in the country during the year 2017-18 from renewable energy The Government has declared the trajectory of bidding 60 […] Read more
Ministry of New and Renewable Energy Conferred the Skoch Award for National Significance Updated On Mon, Dec 10th, 2018 by Saurenergy Considering the impact of the ministry, its purpose and the critical role played by the government in installing about 73 GW of renewable energy, the ministry had been selected for the award. Recognizing the pivotal role government plays in pushing green energy, Ministry of New and Renewable Energy, Government of India has been conferred with […] Read more
Best Practices for Solar Rooftop Updated On Fri, Dec 7th, 2018 by Saurenergy How to Choose the Best Solar System for Your Roof Being a tropical country, India is blessed to have a good amount of access to natural resources like solar. About 5,000 trillion kWh per year energy is incident over India’s land area with most parts receiving 3-5 kWh per sq. m per day. Based upon […] Read more
SB Energy, Adani Green Win 840 MW at SECI’s Hybrid Auction Updated On Thu, Dec 6th, 2018 by Saurenergy SB Energy has won the project at Rs 2.67 per unit of electricity generated while Adani Green Energy won at Rs 2.69 per unit at the auction. In the Solar Energy Corporation of India’s (SECI’s) first wind-solar hybrid auction of 1,200 MW capacity, SoftBank-backed SB Energy and Adani Green Energy won 450 MW and 390 MW respectively. Further, […] Read more
NEPCO Gets $265 Mn EBRD Loan to Bolster Jordan’s Renewable Energy Updated On Thu, Dec 6th, 2018 by Saurenergy The loan will strengthen NEPCO’s balance sheet through refinancing of existing short-term debt and will fund vitally needed investments to enhance the capability of the grid to absorb and manage renewable power. Multilateral developmental investment lender European Bank for Reconstruction and Development (EBRD) will provide a USD 265 million loan to Jordan’s National Electric Power […] Read more
