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
MEDA Issues Tender For 150 kW Solar Plant in Nagpur Updated On Wed, Mar 6th, 2019 by Saurenergy The last date of bid submission is March 14, 2019. The Maharashtra Energy Development Agency (MEDA) has issued a tender inviting bids for the deployment of a 150 kW grid-connected solar PV power plant at Kavikulguru Kalidas Sanskrit Vishwavidyalaya, Ramtek in Nagpur, Maharashtra. The brief scope of work for selected bidder will include the Design, […] Read more
Africa’s First Commercial Floating Solar Farm Commissioned Updated On Wed, Mar 6th, 2019 by Saurenergy The plant, besides generating enough electricity to take the farm nearly off the grid will also reduce its carbon emissions by half. New Southern Energy, a leading South African-based, full-service renewable energy provider for distributed energy projects throughout Africa, has installed the continents first commercially operated floating solar PV power plant at the Marlenique fruit […] Read more
World Bank Approves $185 Mn Fund to Help Bangladesh Expand RE Updated On Tue, Mar 5th, 2019 by Saurenergy The World Bank has approved $185 million to add up to 310 MW in renewable energy generation capacity in Bangladesh and mobilize private sector participation to meet the growing demand for electricity in the country. The ‘Scaling-up Renewable Energy Project’ will increase the installed capacity of renewables through piloting and expanding investments in key market segments. It will […] Read more
NIT For 1200 MW Wind-Solar Hybrid Projects Tranche-II Updated On Thu, Feb 28th, 2019 by Saurenergy SBE Renewable and Mahoba Solar Private Limited were awarded a total 840 MW capacity of the tendered 1200 MW capacity of the Tranche-I tender. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tenders (NIT) inviting online bids for setting up of 1200 MW ISTS-Connected Wind-Solar Hybrid Power Projects (Tranche-II) on a […] Read more
Construction Begins on 70 MW Solar Power Plant in Assam Updated On Thu, Feb 28th, 2019 by Saurenergy CM Sonowal laid the foundation stone of 70 MW Solar Plant at Japisajla village of Assam, the maximum period for the commissioning of the project is 12 months. Chief Minister Sarbananda Sonowal has laid the foundation stone of 70 MW Solar Plant at Japisajla village of Amguri in Sivasagar district in a bid to boost […] Read more
EIB and Banco Santander to Provide €50 Mn to Improve Energy Efficiency Updated On Wed, Feb 27th, 2019 by Saurenergy The EIB-Santander credit line is part of the energy efficiency financing instrument funded by the European Commission to promote sustainable investments contributing to climate action. The European Investment Bank (EIB) and Santander España are providing businesses and the self-employed with a credit line – including EUR 50 million of EIB funds – for professional projects improving […] Read more
MTCIL Signs 15 Year Agreement For IRU Fiber Lease in Maharashtra Updated On Wed, Feb 27th, 2019 by Saurenergy The first route spans 50 Kms from Kalwa to Padgha. The deal will result in near 100% network uptime from Kalwa (Mumbai) to Padgha link. Sterlite Power’s Convergence business which manages the fiber network of Maharashtra Transmission Communication Infrastructure Link (MTCIL), a joint venture between Sterlite Technologies Ltd and MSETCL (Maharashtra State Energy Transmission Company Ltd) […] Read more
GE T&D India to Set Up PowerGrid’s Substation in Gujarat For Wind Power Evacuation Updated On Mon, Feb 25th, 2019 by Saurenergy Through this project, GE will help evacuate around 2500 MW of wind power generated in Gujarat. GE T&D India, part of GE’s Grid Solutions business in India, has been awarded a Rs 162 crore contract by Power Grid Corporation of India Limited (PGCIL) to extend the 765kV AIS Substation and setting up a new 400kV […] Read more
