India-World Bank Ink $100 Million Loan Agreement For Clean Energy Updated On Tue, Nov 21st, 2017 by Saurenergy The solar parks will be mostly under the Ministry of New and Renewable Energy’s (MNRE) Solar Park Scheme. In a significant development, India and the World Bank have signed a $100 million loan and a grant agreement to help the country increase power generation capacity through cleaner, renewable energy sources. In a statement the World […] Read more
Merck Plans to Invest Around €10 million, to Push India’s Solar Power Updated On Mon, Nov 20th, 2017 by Saurenergy Merck embarked on the installation of solar power panels at its Jigani and Peenya centers in Bengaluru A leading science and technology company, Merck is planning to invest up to €10 million to reduce carbon footprint in India with its largest solar power array initiative and a Gold LEED manufacturing site. These improvements are supported […] Read more
Solar Companies Expect Easier Financing For Projects Updated On Mon, Nov 20th, 2017 by Saurenergy Moody’s upgrade of India to a solid investment grade level is a positive move in the renewable energy sector but regulatory hurdles could be a challenge. India’s massive effort towards renewable energy projects will gain from easier finance for investments following the upgrade of the country’s sovereign rating by Moody’s, according to the industry leaders. […] Read more
IL&FS Tie-up With Ecamion To Explore Energy Storage Business Updated On Sat, Nov 18th, 2017 by Saurenergy IL&FS and Ecamion will explore entering the energy storage business, with an eye on the electric vehicle opportunity Infrastructure Leasing and Financial Services (IL&FS) Ltd has joined hands with Canadian clean technology company Ecamion Inc. to explore entering the energy storage business, with an eye on the electric vehicle opportunity, said a senior ILF&S official. […] Read more
China, Ukraine Agree to Deepen Cooperation in Clean Energy Updated On Sat, Nov 18th, 2017 by Saurenergy Ukraine which relies heavily on imported energy and sees a huge potential in its renewable energy cooperation with China. China and Ukraine have agreed to increase their cooperation in renewable energy, the Ukrainian government said. Both the countries reached the agreement during the plenary meeting of the Chinese-Ukrainian Subcommittee on Trade and Economic Cooperation in […] Read more
Price of Solar Power May Fall Even Below The Current Lowest Price of Rs 2.44: ISA Director Updated On Sat, Nov 18th, 2017 by Saurenergy ISA has set a target of 1000 gigawatts (GW) of solar capacity in its member countries by the year 2030. India’s solar power has hit a new low this year and is going down even below the current lowest price of Rs 2.44 per unit believes the head of a new multilateral agency set up […] Read more
India-France Cooperation a ‘Partnership for Planet’: Foreign Minister Le Drian Updated On Sat, Nov 18th, 2017 by Saurenergy This is very positive and will enable us to further enhance the attractiveness of this international organization, which will have a crucial role to play in helping developing countries gain access to sustainable energy at lower costs. Describing the Indo-French cooperation as a “partnership for the planet”, French Foreign Minister Jean-Yves Le Drian that the […] Read more
India Committed to 175 GW Clean Energy Target: MNRE Updated On Sat, Nov 18th, 2017 by Saurenergy India is committed to its renewable energy target of having 175 GW capacity by 2022 to provide equitable sustainable development Ministry of New and Renewable Energy (MNRE), Government of India, in partnership with the Confederation of Indian Industry (CII), organized a panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by […] Read more
ET Energy to Build a 61MWp Solar Project for UiTM in Malaysia Updated On Fri, Nov 17th, 2017 by Saurenergy The project was awarded in the first round of the Large Scale Solar PV project bidding program, and the 61MWp solar power plant will be connected to the grid before the end of 2018. ET Energy, the leading developer and operator of clean energy in the world, has announced that it has signed with its […] Read more
