EXIM Bank Extends 3 LOCs Worth $83.11 Mn to Congo For 3 Solar Projects Updated On Tue, Mar 19th, 2019 by Saurenergy The loan will be utilised for financing three solar photovoltaic power projects with a total capacity of 35 MW in the three provinces — Karawa, Mbandaka and Lusambo. The Export-Import Bank of India (Exim Bank0 has, on behalf of the Government of India, extended 3 Lines of Credit (LOC) aggregating USD 83.11 million to the […] Read more
Telangana Municipal Corporation: No Solar Panels, No New House Permit Updated On Tue, Mar 19th, 2019 by Saurenergy In the sort of decisiveness the industry could do within other states, in Telangana, the Municipal Body has made housing permits subject to solar installations. Telangana town municipality in Karimnagar is pulling out all stops to push for Renewable energy in its grid and at the same time finding customers for it. The Municipal Corporation […] Read more
First Bids Under IL&FS Asset Monetisation Expected Soon Updated On Mon, Mar 18th, 2019 by Saurenergy The sale of its renewable energy business will reduce the total debt of IL&FS by Rs 5,000 crore. Cash-strapped IL&FS Group will receive first set of bids under the asset monetisation process on Monday as part of the resolution process, according to sources. The company’s board will later consider bids for Rs 8,000 crore renewable energy business that […] Read more
World Bank and AfDB Commit $ 47 billion For African Climate Finance Updated On Fri, Mar 15th, 2019 by Saurenergy The World Bank and the African Development Bank have together committed close to $47 billion to African countries, for the period up to 2025 to fight climate change. In a significant announcement to provide much-needed financing for African countries likely to face the increasing effect of climate change, the funds’ pipe from the World Bank […] Read more
The Solar Sector Needs More Women. Here’s Why Updated On Fri, Mar 8th, 2019 by Saurenergy As Rooftop Solar, Distributed solar and even corporate buying markets develop, its time for the renewable power sector to fix its gender imbalance. On International women’s day, its a good time to put the spotlight on the missing women in the solar power and broader renewable power sector. Among the brightest spots for the Modi […] Read more
Solar Tender For 60 MW Rooftop Projects Issued by REMCL Updated On Thu, Mar 7th, 2019 by Saurenergy The last date of bid submission is April 30, 2019. The Railway Energy Management Company Limited (REMCL), a joint venture of the Indian Railways and RITES Limited, has invited bids to set up total capacity of 60.17 MW of rooftop solar PV power projects on the rooftops of offices, buildings, and railway establishments across the zonal […] Read more
Ola Raises Rs 400 Cr For its Electric Mobility Plan Updated On Wed, Mar 6th, 2019 by Saurenergy This was the first round of investment for Ola Electric, which reportedly is running several pilots to deploy electric vehicles and charging solutions. Ola Electric Mobility, the company backed by Indian car aggregator Ola, announced on Friday that it has successfully raised Rs. 400 crores (roughly $56.4 million) in a funding round led by several […] Read more
Adani Begins Solar Panel Retailing in Rajasthan Updated On Wed, Mar 6th, 2019 by Saurenergy The company plans to collaborate with a channel partner for every state to expand its retail footprint across the country. The Adani Group’s solar manufacturing arm has ventured into the retail business of solar panels in the state through channel partner Ahinsa Solar. Chief Marketing Officer of Adani Solar, Prashant Mathur, said the company plans to collaborate with […] Read more
TERI Signs MoU With WAPCOS For Collaboration on Water, Power and Infrastructural Development Opportunities Updated On Tue, Mar 5th, 2019 by Saurenergy TERI and WAPCOS to jointly implement innovative approaches in areas of Water Resources, Power and Infrastructure sectors. The Energy and Resources Institute (TERI), India’s leading think tank and WAPCOS, a consulting organisation and public sector undertaking under the Ministry of Water Resources, River Development and Ganga Rejuvenation, have signed a MoU (Memorandum of Understanding) to […] Read more
