SBI to Save Rs 30cr Via Investing in Green Energy Updated On Mon, Apr 23rd, 2018 by Saurenergy The bank now possesses a capacity of 21.23 MW in renewable power source. According to bank, adding the current capacity to 25 MW will help it save Rs 30 Crore annually. State Bank of India (SBI), country’s largest lender said that it expects to save Rs 30 Crore through its investment in solar and wind […] Read more
Everstone Group, Lightsource BP Form 50:50 JV to Invest in Indian Green Infrastructure Updated On Thu, Apr 19th, 2018 by Saurenergy The newly formed JV will provide the funds with the financial and strategic resources of the partners aiming to create successful green energy businesses in partnership with local management teams. Indian private equity fund Everstone Group and British solar parks developer Lightsource BP has formed a 50:50 Joint Venture (JV) called ‘EverSource Capital’ to jointly […] 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
International Solar Alliance: A Rollercoaster Ride for Indian Solar Updated On Mon, Apr 16th, 2018 by Saurenergy Indian solar sector witnesses sharp momentum in the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took office, India had 3 GW of solar power, which now turned to nearly seven-times of that, or 20 GW, by the end of FY18. India’s efforts towards solar sector came into […] Read more
Surat District Co-Op Bank Becomes India’s First District Bank to Built on Green Concept Updated On Thu, Apr 12th, 2018 by Saurenergy It has become the first district bank among 370 district banks in the country and 18 in Gujarat to built on the green concept. More than 100 years old Surat District Cooperative Bank has become the country’s first district bank for constructing its new headquarter in Surat on the green building concept. It has become the first among the […] Read more
Indian Railways to Provide Rooftop Solar Panels at More Stations Updated On Wed, Apr 11th, 2018 by Saurenergy It has planned to source 500 MW solar energy by providing rooftop solar panels at its railway stations and other buildings. In a move to go green, Indian Railways (IR) has planned to provide solar panels at many of its railway stations. Railway Ministry in reply to a question in Rajya Sabha said, it has […] Read more
Energo Boost Clean Energy Prod via Qtum Blockchain Implementation in Philippines Updated On Mon, Apr 9th, 2018 by Saurenergy Through combining the decentralization of blockchain with solar cells, energy storage and other hardware, we hope to accelerate the power reform in off-grid areas, said Kaikai Yang, Founder and CEO, Energo Lab Foundation. Energo Foundation has implemented Qtum blockchain platform in its latest cooperation with First Gen, the largest producer of clean energy in the Philippines, on the […] Read more
India’s Solar Additions Slowed by GST, Duty on China Imports, says UN Report Updated On Fri, Apr 6th, 2018 by Saurenergy Developing economies, comprising India, China and Brazil, committed USD 177 billion to renewables last year, up 20%, compared to USD 103 billion for developed countries, down 19%, the report added. A UN report has said that the imposition of anti-dumping and safeguard duties on import of Chinese solar cells and modules and levy of Goods […] Read more
India Yamaha Motor Commissions 1,100 KW Solar Rooftop Plant in TN Updated On Fri, Apr 6th, 2018 by Saurenergy The rooftop installation would reduce carbon dioxide (CO2) emission to the extent of 1,600 tonnes per year. Japan-based Yamaha Motor company’s Indian arm, India Yamaha Motor at its Oragadam factory near Chennai has commissioned 1,100 KW rooftop solar power plant taking the total solar capacity to 1,450 KW at the unit. The move has come as […] Read more
