Exporting Solar. EXIM Bank to Provide $1.4 Bn For Projects in 15 nations Updated On Tue, Feb 12th, 2019 by Saurenergy The bank has already provided LOCs worth $226 million to finance 16 solar projects in various developing countries. The Export-Import Bank of India (EXIM) will finance 27 solar power projects worth $1.4 billion spread across 15 countries, according to the Managing Director of the Bank, David Rasquinha. “As an agent of Government of India, we […] Read more
Arunachal Pradesh Soon to Be Declared 100% Electrified Updated On Thu, Feb 7th, 2019 by Saurenergy The PM will lay the foundation stone of Sella Tunnel and its approach road in Tawang district besides the declaration of 100 percent household electrification in the state under the Saubhagya Scheme. Prime Minister Narendra Modi on his visit to Arunachal Pradesh on February 9, 2019, is set to declare the state 100 percent electrified. […] Read more
AfDB Approves $25 Mn Fund For Renewable Energy Projects in Africa Updated On Wed, Jan 30th, 2019 by Saurenergy The Fund’s strategy is to prioritize projects with a clear timeline to financial close, with emphasis on de-risking early stage greenfield projects. The African Development Bank Group (AfDB) has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF), a US$ 250 million private equity fund for renewable energy […] Read more
Sterlite Power Bags Power Augmentation Project in West Bengal Updated On Tue, Jan 8th, 2019 by Saurenergy These seven districts include Purba Medinipur, Mushidabad, Burdwan, Kolkata, North 24 Paragnas, South 24 Paragnas and Hoogly. Power transmission infrastructure developer Sterlite Power has been awarded a power augmentation project across seven districts of West Bengal. These seven districts include Purba Medinipur, Mushidabad, Burdwan, Kolkata, North 24 Paragnas, South 24 Paragnas and Hoogly. The project […] 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
Viz-A-Viz with Kapil Maheshwari, CEO, Hinduja Renewables Energy Pvt Ltd Updated On Sat, Oct 20th, 2018 by Saurenergy Q. To begin with, how do you see your journey with Renewables Industry? I started my journey in Renewables Energy from the days of completing my masters from IIT, Bombay. Since then I am part of this industry in geographies like US, Germany and India. Started my journey as Design Engineer in RE Industry and […] Read more
Conti Solar to Construct 35 MW Solar Portfolio for Southern Sky Renewable Energy Updated On Wed, Sep 5th, 2018 by Saurenergy Further, the portfolio which Conti Solar will develop contains 5 projects including brownfield, landfill, and greenfield projects and are located in the towns of Warwick, Cranston and Johnston in central Rhode Island. Solar EPC, O&M and energy storage company Conti Solar was selected to provide full turnkey EPC services for Southern Sky Renewable Energy’s 35 MW […] Read more
MNRE Discusses India’s First Offshore Wind Power Project with Developers Updated On Wed, Aug 8th, 2018 by Saurenergy The ministry has uploaded the documents regarding the wind data collected from the Gujarat region with the help of Light Detection and Ranging (LiDAR) for the developers to refer for their detailed project reports. In a boost to the Greenfield energy projects in the country, MNRE has discussed with the wind power developers of India […] Read more
Financing Indian Sun Updated On Mon, Jun 25th, 2018 by Saurenergy After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […] Read more
