Delhi Metro Plans to Run All Operations on Solar Energy by 2021 Updated On Wed, Apr 17th, 2019 by Saurenergy The corporation will start getting 99 MW solar energy from the 750 MW Solar Power Park in Rewa, Madhya Pradesh from May 2019. Delhi Metro Rail Corporation (DMRC) which currently meets nearly 60 percent of its electricity needs from solar energy, plans to drive up that number to meet all its energy needs from clean […] Read more
Cabinet approves Cooperation Agreement between India and Denmark in the field of Renewable Energy with focus on Offshore Wind Energy Updated On Mon, Apr 15th, 2019 by Saurenergy The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval for a Cooperation Agreement between Ministry of New and Renewable Energy of India and Ministry for Energy, Utilities and Climate of the Kingdom of Denmark on strategic sector cooperation in the field of Renewable Energy with a focus on Offshore […] Read more
MYSUN Secures 11MW New Orders from Mah, Raj; Expands Presence to 7 States Updated On Fri, Apr 5th, 2019 by Saurenergy Adding to its presence in Delhi, Haryana and Uttar Pradesh, the company added industrial and institutional clients in Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu and Puducherry in FY 2018-19. One of the leading players in the rooftop solar space, MYSUN has received new orders aggregating 11 MW from Maharashtra and Rajasthan states in past 30 […] Read more
Tata Power-DDL Launches New Initiative For Early Bill Payers Updated On Mon, Mar 25th, 2019 by Saurenergy Tata Power Delhi Distribution (Tata Power-DDL) has started a new initiative which will reward early bill payers for the month of March. The distribution company will open the initiative for all its consumers, to stand a chance to win prizes by paying their electricity bill before March 31, 2019. The scheme offers consumers a chance […] Read more
ReNew Power Concludes $375 Mn Green Bond Issue Updated On Wed, Mar 13th, 2019 by Saurenergy The capital raised through the green bond issue will be utilised for refinancing of outstanding external commercial borrowings and as Capex in eligible green projects. ReNew Power Limited, one of India’s largest renewable energy Independent Power Producer (IPP) has successfully concluded a green bond issue of US$ 375 million. The five-year non-call two notes were […] Read more
BHEL Installs First Solar-Powered EV Charging Stations on Delhi-Chandigarh Highway Updated On Wed, Mar 6th, 2019 by Saurenergy The project is covered under the Department of Heavy Industry’s FAME scheme. State-run Bharat Heavy Electricals Ltd. (BHEL) said the company is setting up a network of solar-based electric vehicle chargers on the Delhi-Chandigarh highway. The project is covered under the Department of Heavy Industry’s FAME scheme (Faster Adoption and Manufacturing of (Hybrid) & Electric […] Read more
Rethinking a Renewable-Only Energy Future Makes Sense: Karin Kneissl Updated On Wed, Feb 27th, 2019 by Saurenergy The Austrian Foreign Minister has said that it now makes sense to rethink the renewable-only energy future. Austrian Foreign Minister Karin Kneissl has said that it now makes sense to rethink the renewable-only energy future because, in the process of aiming too high, the countries run the risk of missing their targets of socially acceptable […] Read more
ReNew Power Secures Additional Debt Funding of $350 Mn From OPIC Updated On Thu, Feb 21st, 2019 by Saurenergy The IPP has secured a fresh debt financing of up to USD 350 million from the US Government’s development finance institution. ReNew Power, one of India’s largest renewable energy Independent Power Producer (IPP) in terms of total energy generation capacity, has secured a fresh debt financing of up to USD 350 million from the Overseas […] Read more
India Can Achieve 30% of Variable Renewable Energy Generation by 2030 At No Extra Cost: ETC India Report Updated On Thu, Feb 14th, 2019 by Saurenergy Potential to reach 45% zero-carbon generation, including hydro and nuclear, while more than doubling electricity consumption and not raising consumer costs. A reliable, economically competitive and environmentally sustainable electricity system is the cornerstone of modern society. With an aim to accelerate India’s transition to renewables while moving towards a cleaner and cost-effective electricity system, The […] Read more