Bank of Baroda-KfW to Extend Funding of $113 Mn For Solar Projects in India Updated On Mon, Feb 25th, 2019 by Saurenergy The tie-up will be funding solar power projects as a part of the Solar Partnership II – Promotion of Solar PV in India scheme, under the Indo-German Solar Energy Partnership. Bank of Baroda has announced a partnership with Germany’s KfW Development Bank to extend funding of USD 113 million to refinance solar power projects in […] Read more
SECI Awards 840 MW of its 1200 MW Hybrid Tender Updated On Thu, Feb 14th, 2019 by Saurenergy SECI will now enter into a PPA with the two selected project developers for a period of 25 years. The Solar Energy Corporation of India (SECI) has issued the results of its 1200 MW ISTS-connected wind-solar hybrid power projects (Tranche-I) tender. Two bidders, SBE Renewable Ten Private Limited and Mahoba Solar Private Limited were awarded a […] Read more
Adani Green Energy Arm Mahoba Solar Bags 390MW Hybrid RE Project Updated On Wed, Feb 6th, 2019 by Saurenergy The project is expected to have a solar generation capacity of 360 MW and wind generation capacity of 100 MW. Mahoba Solar (UP) Private Limited, a wholly owned subsidiary of Adani Green Energy has been awarded 390 MW of capacity in hybrid renewable energy project. The tender for which was floated by the Solar Energy […] Read more
Renewable Energy Industry Reactions on Interim Budget 2019 Updated On Fri, Feb 1st, 2019 by Saurenergy The industry was expecting a policy direction from the government to promote manufacturing, especially in the renewable energy sector in the background of the jobs crisis, which India faces. Surprisingly, this was completely missing from the budget, says Amit Gupta, Vikram Solar. India’s renewable energy industry was expecting lot of things from the present Modi […] Read more
Gujarat Frames Land Policy for Renewable Energy Projects Updated On Mon, Jan 28th, 2019 by Saurenergy A total area which can accommodate 30,000 MW of renewable energy will be sanctioned for these parks, with each park large enough to install a minimum of 1,000 MW. Gujarat has released its land policy for renewable energy projects, which seeks to set up wind parks and wind-solar hybrid parks in the state, similar to […] Read more
Vibrant Gujarat: MoUs worth over Rs 1 Lakh Cr Inked in Renewables Updated On Tue, Jan 22nd, 2019 by Saurenergy Post completion, this is expected to create over 10,000 jobs by 2020 and 2021, said officials. In an effort to provide further boost to the renewable space, the Memorandum of Understanding (MoUs) proposing investment of more than Rs 1 lakh crore were inked on the final day of the Vibrant Gujarat Summit (VGS). Post completion, […] Read more
SECI Issues Notice Inviting Tenders for RE Projects with Storage at Lakshadweep Updated On Wed, Jan 16th, 2019 by Saurenergy The Project aims at powering the electricity supply of the inhabited islands in Lakshadweep partly or wholly through RE sources. The Solar Energy Corporation of India Limited (SECI) has issued a notice inviting tenders (NIT) for the deployment of Renewable Energy Projects under its ownership at Lakshadweep Islands. The projects will be developed under a […] Read more
Gujarat Sets Sight for 30 GW Renewables in Next 10 Years Updated On Mon, Jan 14th, 2019 by Saurenergy The Gujarat government is planning a Rs 2,20,000 crore investment in the renewable energy sector to produce 30 GW of renewable energy during the next 10 years. By 2022, the state government aims to increase the generation of renewable energy to 53% of the total power production in the state, from a current 28% said […] Read more
Andhra Pradesh Releases New Wind-Solar Hybrid Policy Updated On Mon, Jan 7th, 2019 by Saurenergy The Government of Andhra Pradesh has set a target to achieve 18,000 MW of renewable energy capacity by the year 2021-22. Keen to harness the huge solar and wind potential of Andhra Pradesh, the state has launched its new ‘Andhra Pradesh Wind-Solar Hybrid Power Policy – 2018’. The Government of Andhra Pradesh has set a […] Read more
