KUSUM Scheme – harnessing solar power for rural India Updated On Thu, Mar 15th, 2018 by Saurenergy Solar water pumps to be installed in remote areas for irrigation needs Farmers can get extra income by selling surplus solar power to DISCOMs The Government of India is in the process of formulating a Scheme ‘Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM)’ which, inter alia, provides for: (i) installation of grid-connected solar power plants […] Read more
French Prez Macron Promises €700mn to Support Solar Projs Updated On Mon, Mar 12th, 2018 by Saurenergy We need to remove all obstacles and scale up, Macron added. French President Emmanuel Macron has pledged an additional investment of 700 million euros for solar projects in developing countries, as world leaders met in India to promote greater investment in renewable energy. Macron said France would extend an extra €700 million (Dh3.16 billion) through […] Read more
Modi, Macron Inaugurate Solar Power Plant in UP Updated On Mon, Mar 12th, 2018 by Saurenergy The solar plant was built at a cost of around Rs 500 crore by French firm ENGIE. Prime Minister Narendra Modi and French President Emmanuel Macron has jointly inaugurated the Uttar Pradesh’s (UP’s) biggest solar power plant, which was built at a cost of around Rs 500 crore by French firm ENGIE. The 75 MW […] Read more
Modi Calls for Concessional, Less-risky Financing for Solar Projs Updated On Mon, Mar 12th, 2018 by Saurenergy We have to increase the share of solar in energy mix, says PM Modi. In a move to raise the share of solar power in the energy basket, provide cheaper electricity and cut carbon emissions, the Prime Minister Narendra Modi has called for the concessional financing and less-risky funds for solar projects. While speaking at the founding conference of the International […] Read more
International Solar Alliance: US, China Keen to Join Global Body Updated On Mon, Mar 12th, 2018 by Saurenergy The ISA is open to 121 prospective member countries, most of them located between the Tropics of Cancer and Capricorn. As many as 62 countries have signed the ISA framework agreement, out which 32 have ratified the pact. In a significant development, the US and China are also keen to join International Solar Alliance (ISA) […] Read more
23 Heads of State to Attend Solar Summit on March 11 Updated On Fri, Mar 9th, 2018 by Saurenergy It will focus on various aspects of promoting solar energy in 121 countries associated with International Solar Alliance (ISA) like credit mechanism, crowd funding and sharing of technology breakthroughs. In a bid to promote solar energy, India and France will co-host the first International Solar Alliance (ISA) Summit on March 11 at Rashtrapati Bhavan’s Cultural Centre in […] Read more
Why Emmanuel Macron’s Visit to India is Significant to Solar Sector? Updated On Fri, Mar 9th, 2018 by Saurenergy Emmanuel Macron will be among the VVIPs from various countries, participating in the event to be organised at the Rashtrapati Bhavan Convention Centre on Sunday. French President Emmanuel Macron’s visit to India is seen as a significant development for India’s solar sector in various contexts. Macron’s tour to the country is happening at a time when […] Read more
EIB to Sign Loan Agreement with India for Renewable Energy Projects on March 10 Updated On Thu, Mar 8th, 2018 by Saurenergy The EIB claimed that it is the world biggest financier of climate action and clean energy projects. In 2017 the EIB financed EURO 19.6 billion of climate action projects, which is about 28 percent of its total financing. In a significant development, European Investment Bank (EIB) said it will ink an agreement on Saturday to […] Read more
Cabinet Okays India, Hellenic Deal on Renewable Energy Updated On Thu, Mar 8th, 2018 by Saurenergy Both sides aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable issues on the basis of mutual benefit equality and reciprocity. The Union Cabinet has approved the Memorandum of Understanding (MoU) between India and Hellenic on co-operation in renewable energy. Both sides aim […] Read more
