IFC, MP Govt to Build the Largest Single-site Power Project in Rewa Updated On Mon, Jan 18th, 2016 by Saurenergy A member of the World Bank Group share intends to partner with Madhya Pradesh government for a massive solar project. IFC and state govt. aims to setup the largest single-site power project of 750-Mw in Rewa. IFC will put its expertise to structure and propose the transaction through private investments of about $750 million. “Successful […] Read more
Global Solar Sector Attracts US$160 billion Investment in 2015 – BNEF Report Updated On Fri, Jan 15th, 2016 by Saurenergy In 2015 the Global investment in solar sector reached a record US$161.5 billion off the back of 57GW of PV installations, more startling than the growth figures is that this commitment to renewables has continued to ratchet up while fossil fuel prices have plummeted. Oil prices have more than halved in two year. According to […] Read more
India Reaches ambitious 5,000 MW of Solar Power Installed Capacity Updated On Fri, Jan 15th, 2016 by Saurenergy The solar power generation figures underlined by the Govt. of India by 2022 is getting some momentum, latest report asserts that till Mid – January the installed capacity of solar power in India crossed the milestone of 5,000 MW. The cumulative installed capacity has reached to 5,130 MW with installed capacity of 1385 MW in […] Read more
GMR Edifice 5MW Powered Solar Power Plant at Hyderabad Airport Updated On Wed, Jan 13th, 2016 by Saurenergy GMR Hyderabad International Airport Ltd edifices a 5 MW solar power plant checking on the local demands of consumption. The solar plant set up will cost around Rs. 25 crore and has started generating around 25,000 units per day addressing the airport’s peak power demand during day time. SGK Kishore, Chief Executive Officer of GHAIL, said that […] Read more
Suzlon to Foray into Solar Energy Sector to Offer Wind-Solar and Integrated Solutions Updated On Tue, Jan 12th, 2016 by Saurenergy The chairman of Suzlon Group has recently announced that the group is looking to foray into the solar energy sector in the current fiscal year. Tulsi Tanti shared his views while talking to a well-known media group of India that “Our priority for FY16 will be to ramp up volume by executing a strong order […] Read more
$1.5 Billion International Aid for India’s Rooftop Solar Projects Updated On Fri, Jan 8th, 2016 by Saurenergy To uplift India’s rooftop solar initiative, the World Bank, Asian Development Bank and the New Development Bank formed by the BRICS Nations are opening loans for the Ministry of New and Renewable Energy. Upendra Tripathy, secretary at the MNRE said, “We are getting $500 million (Rs. 3,345 crore) from each of them to fund rooftop […] Read more
Nepal Govt. Drives Young Minds to Foster Alternative Energy Technologies Updated On Thu, Jan 7th, 2016 by Saurenergy The Nepal Govt. Minister of Science and Technologies Shiv Lal Thapa Magar asserted on meeting the energy emergency in the nation, to make the initiative a success he wants young researchers to usher alternative energy technologies. He made this decisive pronouncement at a National-Level Stakeholder’s meeting in the Capital recently. The Govt. agencies and concerned […] Read more
Russian Agency Assist to Establish Massive Solar Plants in India Updated On Thu, Jan 7th, 2016 by Saurenergy The Russian Energy Agency (REA) and Solar Energy Corp. of India (SECI) plans to team up on few substantial scales Solar PV plants in India by 2022. The two entities signed a Memorandum of Understanding (MoU) on December 24, plotting the terms of the partnership. According to sources, one of its objectives will be to […] Read more
Meralco Promises on 100MW Housetop Solar Projects Updated On Mon, Jan 4th, 2016 by Saurenergy Manila Electric Co. (Meralco) aims to install a massive 100MW solar power plant. Meralco president Oscar Reyes said the project is still being as a feature of the organization’s endeavor into renewable energy (RE). “We still don’t have a firm target, but maybe over three years, the aspiration is 100 MW,” said Reyes. Under the […] Read more
