World Bank Approves $300 Mn to Scale Up India’s Energy Efficiency Program Updated On Sat, May 19th, 2018 by Saurenergy The program will be implemented by the EESL, to help scale up the deployment of energy saving measures in residential as well as public sectors, strengthen EESL’s institutional capacity, and enhance its access to commercial financing. The World Bank has approved a USD 220 million loan and an USD 80 million guarantee for the country’s energy efficiency […] Read more
Power Regulator CERC Boosts Merchant Renewable Energy Plants Updated On Thu, May 17th, 2018 by Saurenergy The detailed procedure that commission has issued would grant long and medium-term transmission access to the renewable project that has achieved financial closure and has already acquired land for the project. While proposing stringent rules against line underutilization, Power regulator Central Electricity Regulatory Commission (CERC) has issued guidelines that would pave way for serious merchant renewable […] Read more
Okaya Set to Clock Rs 1,150 Cr Revenue in FY 18-19 Updated On Wed, May 16th, 2018 by Saurenergy The company has achieved it’s turnover of Rs 720 crore in FY 17-18 and further aims to clock Rs 1,150 crore revenue in FY 18-19. One of the leading power back-up companies, Okaya Power, which recently announced its ambitious foray in Lithium ion batteries segment, has set an ambitious target to grab majority of market share in […] Read more
India’s Energy Mix Will be Substantially Complemented by Renewable Energy: Petroleum Minister Updated On Wed, May 16th, 2018 by Saurenergy “We are going to generate around 175 Gigawatt of renewable energy on solar, wind, bio-CNG, bio-fuel to small hydro projects in the near future, India’s energy mix will be substantially complemented by renewable energy,” he said. India’s energy mix will be substantially complemented by renewable energy and the country is going to generate around 175 Gigawatt of […] Read more
NavSemi Technologies Now Becomes Alpha Tech Energy Solutions India Updated On Wed, May 16th, 2018 by Saurenergy The company’s move is part of an initiative to better reflect its connection to its parent company Alpha Technologies, Inc. USA. Bangalore-based solar energy equipment supplier NavSemi Technologies Private Limited has changed its name to Alpha Tech Energy Solutions India Private Limited. The company’s move is part of an initiative to better reflect its […] Read more
India, Peru Ink MoU for Co-op in New & Renewable Energy Updated On Mon, May 14th, 2018 by Saurenergy Peru is a founder member of the International Solar Alliance (ISA), established with India taking the initiative. During the Vice President M. Venkaiah Naidu’s week-long visit to three Latin American countries, India and Peru has signed a pact in Lima on cooperation in the field of New and Renewable Energy. Also, Peru is a founder […] Read more
Solar Power Project Developers Urge MNRE to Defer Auctions Updated On Mon, May 14th, 2018 by Saurenergy The non-issuance of rules and regulation related to the Inter-State Transmission System (ISTS) and General Network Access has worried developers. It has also caused uncertainty over grid connectivity for the renewable projects in the country. The lingering issue of transmission has prompted solar project developers to urge Ministry of New and Renewable Energy (MNRE) to […] Read more
KSEB Sets 1,000 MW Target for Solar Power by 2021 Updated On Fri, May 11th, 2018 by Saurenergy The first step towards the target is to generate 500 MW through roof-top solar panel units. To accomplish the first project KSEB is entering into partnership with Agency for Non-conventional Energy and Rural Technology (ANERT). To shift from the conventional source of energy to more clean energy, Kerala State Electricity Board (KSEB) has set itself […] Read more
TEDA Seeks Bids for Solar Parks in Tamil Nadu Updated On Fri, May 11th, 2018 by Saurenergy TEDA has set three objectives for development of solar parks in the state such as develop quality infrastructure for solar energy, bring appropriate technology to achieve optimum efficiency, and achieve energy security in the state of Tamil Nadu. Riding on the ‘Vision Tamil Nadu 2023’ for renewable energy and the renewable energy purchase Obligations (RPO) […] Read more
