Growth in Renewable Energy Investment Slowing Due to Grid Limitations: IEEFA Updated On Fri, Jan 25th, 2019 by Saurenergy An investment of US$ 60-80 billion will be needed in the next five years to keep pace with growing generation capacity. A brief report by the Institute for Energy Economics and Financial Analysis, authored by Tim Buckley and Kashish Shah has revealed that India’s grid transmission infrastructure needs urgent modernisation to not limit the growth […] Read more
UKCI Pledges to Invest R500 Million for Renewable Projects in Africa Updated On Wed, Jan 23rd, 2019 by Saurenergy UK Climate Investments (“UKCI”) today announced a planned R500 million (£28 million) cornerstone investment in a dedicated African renewable energy yieldco, Revego Africa Energy Limited. The U.K. Climate Investments (UKCI) has announced that it will invest 500 million Rand (Rs 250 crore) in Revego Africa Energy Limited, an investment vehicle dedicated to renewable energy projects in […] Read more
CleanMax Solar Conferred “Best Solar Power Turnkey Solutions” in India Updated On Wed, Jan 23rd, 2019 by Saurenergy CFI Magazine’s Clean Energy Award recognises the highest levels of achievement in energy and environmental sustainability. CleanMax Solar, one of India’s most trusted sustainability partner for corporates, was conferred the ‘Best Solar Power Turnkey Solutions – India 2018’ award by UK based Capital Finance International (CFI) Magazine. CleanMax Solar was recognised for its pioneering efforts […] Read more
SolarReserve Names Tom Georgis as CEO Updated On Sat, Jan 19th, 2019 by Saurenergy For the past 10 years, Georgis has been an integral part of SolarReserve’s leadership team, serving as it’s Senior Vice President. Solar power projects developer SolarReserve has appointed Tom Georgis as it’s Chief Executive Officer (CEO). For the past 10 years, Georgis has been an integral part of SolarReserve’s leadership team, serving as it’s Senior Vice […] Read more
Pranav R Mehta Becomes the First Indian to Head Global Solar Council, Headquartered in Washington DC Updated On Wed, Jan 9th, 2019 by Saurenergy Shri Pranav R Mehta, Chairman, Global Solar Council, addressing a Press Conference at Press Club of India on 7th Jan, 2019 about Global Solar Council and its activities A visionary in the field of Solar Energy and the chairman of National Solar Energy Federation, Shri Pranav R Mehta, has taken over as the president of […] Read more
3,217 Million US$ received as FDI in Renewable Energy Sector Updated On Thu, Dec 27th, 2018 by Saurenergy Renewable Energy Capacity reaches about 74GW as on 30/11/2018 The FDI data cell of the Department of Industrial Policy and Promotion (DIPP) compiles and maintains the data of Foreign Direct Investment (FDI) Equity inflow received in the country. The FDI equity inflow from April, 2015 to June, 2018 in the Non-Conventional Energy Sector is as […] Read more
Rays Power Infra Raises Rs 200 Cr from DMI Finance Updated On Fri, Dec 21st, 2018 by Saurenergy The capital will be predominantly used to strengthen the company’s presence in the country and to develop ground mounted solar power projects. Mumbai-based solar power developer Rays Power Infra announced that it has successfully raised Rs 200 crore in debt and equity financing in the first round from DMI Finance. The capital will be predominantly […] Read more
NABARD Inks USD 100 Million Pact with Green Climate Fund for Solar Rooftops Updated On Mon, Dec 10th, 2018 by Saurenergy The USD 250 million project, to be executed by Tata Cleantech Capital Ltd, will receive the GCF support through NABARD, which is the National Implementing Entity (NIE). Pushing for rooftop solar in India, the National Bank for Agriculture and Rural Development (NABARD) has signed an agreement with the Green Climate Fund (GCF) to infuse $100 […] Read more
Azure Power Announces Early Commissioning of 95 MW Project in Gujarat Updated On Mon, Nov 5th, 2018 by Saurenergy Azure Power (NYSE: AZRE), one of India’s leading independent solar power producers, announced the early commissioning of a 95 MW solar power plant in Gujarat which was completed in record time for a ground mount project built by the company and has been commissioned approximately 5 months ahead of the scheduled PPA operation date. This […] Read more
