Clean Energy Can Become India’s Sustainability Model For World: Sweden Updated On Sat, Dec 2nd, 2017 by Saurenergy Lars Ronnas, Swedish Ambassador for Climate Change, asserted that there are “very strong interests” in his country for bilateral cooperation in this field. India has the “intellectual capacity” and potential to be a model for the rest of the world in tackling environmental issues, especially through the use of renewable energy sources, Sweden’s envoy for […] Read more
A 24MW Floating Solar Power Plant in Tuticorin to Be Setup By SPIC Updated On Wed, Nov 29th, 2017 by Saurenergy EDAC Engineering will be responsible to provide support for construction of the floating solar power plant. The Southern India Chamber of Commerce and Industry (SICCI) announced during a conference on ‘Climate change mitigation in manufacturing industries’, to set up a 24MW floating solar power plant to be built by Southern Petrochemical Industries Corporation (SPIC), a […] 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
Solar Energy Scheme for small powerloom units will get Rs. 2.5 lakh Subsidy per unit Updated On Mon, Nov 27th, 2017 by Saurenergy The scheme will enable to repay the bank loans in a span of 3 to 4 years. Solar energy scheme for small units of powerlooms was announced by the Ministry of Textiles in regards with on-grid solar PV plant (without battery backup) and off-grid solar PV plant (with battery backup) in which a subsidy of […] Read more
Solar Power to provide Nagpur Metro’s Energy Needs at Less Than Rs4.50 a Unit Updated On Fri, Nov 24th, 2017 by Saurenergy Mahametro plans to meet 65 percent of its energy needs through solar power and the total installed capacity required is 14 MW. In a significant development, Nagpur Metro has planned to go in for captive solar power generation and will get it at Rs 4.50 a unit. It will use costly conventional power in evening. […] Read more
50 MW Solar Power Project Sanction to Refex Energy as EPC Contract Updated On Thu, Nov 23rd, 2017 by Saurenergy The Contract also included grid connectivity approval from Tamil Nadu State Electricity Authorities. A 50MW Grid interactive Solar power Project as Engineering, Procurement and Construction (EPC) contract has been clinched by Refex Energy, counts as leading sustainable energy solution provider firm in an auction organized by the public sector Neyveli Lignite Corporation (NLC). As an EPC contract, […] 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
UK Climate Investments and Lightsource Tie-up for Solar Power Projects in India Updated On Tue, Oct 31st, 2017 by Saurenergy UK Climate Investments will provide 49 percent equity for the construction of the first project partnership with Lightsource to develop and construct up to 300MW of solar power projects. Lightsource Renewable Energy and UK Climate Investments, part of the Green Investment Group within Macquarie Infrastructure and Real Assets, have entered into a partnership agreement to […] Read more
Indian Solar Power Market Witnesses Change in Demand-Supply Landscape Updated On Mon, Oct 30th, 2017 by Saurenergy Lack of visibility over project pipeline is forcing solar power developers to bid aggressive tariffs and reconsider strategic options including consolidation. The Indian solar power market is being tested to its limits. GST has increased execution costs. Module prices have shot up when bidders were factoring in another 20% price decline by the end of […] Read more
