YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector Updated On Wed, Dec 20th, 2017 by Saurenergy The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […] Read more
Mangalore University to Go Green by March 2018 Updated On Mon, Dec 18th, 2017 by Saurenergy The University is likely to receive a low Rs 3.839 per unit of power and a power purchase agreement for 25 years will be executed by ReNew. Mangalore University being the only government building in Karnataka and among 37 intitutional buildings in India which will get grid-connected roof-top solarphoto-voltaic system, the project was selected as […] Read more
Fortum Connects 100MW Solar Power Plant to Grid in India Updated On Thu, Dec 14th, 2017 by Saurenergy The completion of Pavagada solar power park has double the Fortum’s solar production capacity in India from 85 to 185 MW. Fortum has now connected a 100-MW solar power plant to grid at Pavagada solar park in the Tumkur District, Karnataka, India. This solar power plant more than doubles Fortum’s solar production capacity in India […] Read more
INDIA Marches Ahead Updated On Wed, Dec 13th, 2017 by Saurenergy As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […] Read more
Kirloskar Solar Partners with GSL Energy Solutions to Build 200 MW Solar in Kerala Updated On Fri, Dec 8th, 2017 by Saurenergy The solar industry in India has been growing 20 to 30 percent and is set for consolidation in the coming years says the head of Kirloskar Solar Pvt. Ltd. Pune-based Solar company, Kirloskar Solar Pvt. Ltd. (KSTPL), part of Kirloskar group has partnered with GSL Energy Solutions to achieve 200 MW of solar power in […] Read more
Mechanical Department of NIT-K Dedicates Rooftop for Solar Research Updated On Mon, Dec 4th, 2017 by Saurenergy The newly inaugurated building will be transformed into a research lab for solar energy, said Ajay Kumar from mechanical department The rooftop solar energy plant built at the mechanical department of NIT-K, Surathkal, will be dedicated to research and the generated electricity will be supplied to run the electronic gadgets of the building. The rooftop […] Read more
Companies Spend Just 6 Percent of CSR Fund on Clean Energy: Report Updated On Wed, Nov 29th, 2017 by Saurenergy Key findings of the report showcase that while Corporate Social Responsibility (CSR) programmes in education, sanitation or skills and livelihood have seen a dramatic increase, while it remain low for clean energy and energy access. A report released by Samhita Social Ventures showcases that Indian companies are spending a mere 6 percent of their CSR […] Read more
Government announces Trajectory to achieve its targets of commissioning 100 GW of Solar generating capacity and 60 GW of Wind power by 2022 Updated On Fri, Nov 24th, 2017 by Saurenergy Government to conduct Third Wind Power Auction of 2000 MW Capacity Power Supply Agreements signed by SECI with utilities of UP, Bihar, Jharkhand, Assam, Punjab, Goa and Odisha The Government today announced the trajectory for achieving its targets of commissioning 175 GW of Renewable Energy (RE), 100 GW of solar generating capacity and 60 GW […] Read more
Delhi Based Sunsure Energy Eyes INR 200 Crore in FY18 Revenue Updated On Tue, Nov 21st, 2017 by Saurenergy Sunsure Energy was founded by a group of close knit IIT-Delhi alumni and has seen a phenomenal growth in India’s thriving Solar Power sector. A Delhi-based turnkey solar project company, Sunsure Energy Pvt. Ltd. is all set to close an action packed year at an all-time high revenue of INR 200 crore. from its Solar […] Read more
