ReNew Power signs PPA with DMRC for 6 MW solar rooftop project Updated On Wed, Jun 22nd, 2016 by Saurenergy ReNew Power has signed PPA with Delhi Metro Rail Corporation (DMRC) for 6MW solar rooftop project across various metro stations in New Delhi. The Power Purchase Agreement has been signed for a term of 25 years. The major lines allocated under this PPA are Dwarka Sector 21 to Rajiv Chowk; Badarpur to Central Secretariat and […] Read more
South Delhi Municipal Corporation inks MoU with SECI for 20MW solar project Updated On Wed, Jun 22nd, 2016 by Saurenergy South Delhi Municipal Corporation on June 20 inked a pact with Solar Energy Corporation of India (SECI) to generate 20MW solar power through rooftop of buildings and spare land under the civic body. The memorandum of understanding (MoU) engaged SECI for setting up solar power plants on the rooftops and lands owned by SDMC and […] Read more
Delhi aims to generate 1GW solar power by 2020 Updated On Tue, Jun 7th, 2016 by Saurenergy The Delhi Government on monday approved solar policy to make the national capital a solar city with installation of 1 GW solar power capacity in next five years(2020). The state government also proposed to double it to 2GW by 2025. The policyoutlines a combination of regulations, mandates, incentives, and tax breaks for the growth of […] Read more
Delhi Solar Policy Updated On Fri, May 20th, 2016 by Saurenergy Delhi Solar Policy Updates 2017 Delhi Solar Policy 2016 released by the Delhi state government applicable for the period, 2016-2020. Promotion for investment climate enabling multiple financial models is the primary focus of the policy. With the major focus on self-owned Capital Expenditure (CAPEX) to third-party owned Renewable Energy Service Company (RESCO) models applied to […] Read more
India has emerged as the biggest renewable energy lab in the world: Richard Verma Updated On Wed, May 11th, 2016 by Saurenergy US envoy Richard Verma on his visit to India said the country has emerged as the biggest renewable energy lab in the world and is at the threshold of dynamic growth in the deployment of smart grid technology. Verma, accompanied by other dignitaries visited Tata Power Delhi Distribution’s Smart Grid Lab in Rohini and Tata […] Read more
Delhi likely to get green power from Madhya Pradesh to run its Metro trains Updated On Fri, Apr 29th, 2016 by Saurenergy The National Capital of India will reportedly get green power from Madhya Pradesh starting next year to run its Metro trains. Manu Shrivastava, Principal Secretary of Madhya Pradesh New and Renewable Energy Department speaking to PTI said “we are charting out the power purchase agreement (PPA) to be signed between Delhi Metro Rail Corporation (DMRC) and developers of the world’s […] Read more
Over Rs. 71,200 crore sanctioned for Renewable Energy Sector by Banks & NBFCs since February, 2015 Updated On Mon, Apr 11th, 2016 by Saurenergy Banks & Non-Banking Financial Companies (NBFCs) have sanctioned over Rs. 71,201.54 crore to finance various renewable energy projects and disbursed Rs. 29,529.57 crore against the sanctioned amount since February 2015 till 21 March, 2016. During RE-INVEST 2015, 40 major Banks and Non-Banking Financial Companies (NBFCs) committed to provide debt funding to Renewable Energy Projects aggregating […] Read more
‘Rooftops for Rent’ a New Turn in Solar Market Updated On Mon, Feb 1st, 2016 by Saurenergy ‘Give us your rooftop and we will give you cheap solar power’, new business model used by the solar energy companies to boost the solar installation capacities. Properties like Industrial establishments, commercial buildings, malls and large gated communities are the targets for this solar mission in India. ‘Around 240 sq mtre of rooftop space is […] Read more
Railways Setup 3.7 MW Of Solar Plants Along Track, Says MNRE Updated On Tue, Dec 17th, 2024 by Saurenergy Indian Railways has set up 3.7 MW of solar power plants along railway tracks till now, data from MNRE revealed. Minister of State (MoS) for New and Renewable Energy Shripad Yesso Naik in his latest statement before Lok Sabha shed light on the solarisation of Indian railways. This comes at a time when the Indian […] Read more
