International Finance Corporation to Invest 40 Million Dollars in Tata Cleantech Capital to Promote Renewable Energy Projects Updated On Wed, May 17th, 2017 by Saurenergy World Bank’s private-sector arm will use the money raised through green bonds to financing environment-friendly Renewable Energy Projects. International Finance Corporation is planning to invest up to $40 million in Tata Cleantech Capital Ltd’s (TCCL) green bond issue to help the company expand long-term environment-friendly infrastructure funding. The money raised through green bonds will be […] Read more
India moved up to the second spot from third position in renewable energy attractiveness index Updated On Tue, May 16th, 2017 by Saurenergy India continued its upward trend in the index to second position with the government’s programme to build 175 GW in renewable energy generation by 2022 and to have renewable energy account for 40 per cent of installed capacity by 2040. India has moved up to the second spot from third position in this year’s ‘Renewable […] Read more
Renewable energy in key markets will see global power investment reach $443.5 billion in 2017: Frost & Sullivan Updated On Thu, May 11th, 2017 by Saurenergy Frost & Sullivan notes that solar photovoltaic (PV) will be the fastest growing segment, followed by wind power, accounting for 37.5 percent and 21 percent of global investment, respectively, by 2020. Continued regulatory support for renewable energy in key markets will see global power investment reach $443.5 billion in 2017 said Frost & Sullivan in its report. […] Read more
PM Modi reviews progress of key infrastructure sectors including renewable energy, petroleum, natural gas, power and housing Updated On Tue, May 9th, 2017 by Saurenergy “Remarkable progress has been made in several sectors, including generation of renewable energy, affordable and rural housing, LED bulbs etc.” Prime Minister Narendra Modi on Tuesday reviewed progress of key infrastructure sectors including petroleum and natural gas, power, renewable energy and housing. The review meeting, which came soon after the review of connectivity-related infrastructure sectors […] Read more
Fotowatio Renewable Ventures Raises $29 Million from IFC to Fund 100 MW Solar Power Projects in Andhra Pradesh Updated On Sat, Apr 29th, 2017 by Saurenergy The Company is building two solar power projects of 50MW each in Andhra Pradesh. The cost of the project is estimated at $119 million which will be funded through a mix of 75 per cent debt and 25 per cent equity. Fotowatio Renewable Ventures (FRV) has raised $29 million (~Rs.1.86 billion) in non-convertible debentures (NCDs) […] Read more
Upcoming technologies and improved cost-efficiency in renewable energy will reshape geopolitics: Hamid Ansari Updated On Thu, Apr 27th, 2017 by Saurenergy By 2030, solar power will be able to provide 100 per cent of today’s energy needs; by 2035, it will seem almost free — just as cell-phone calls are today Vice President M. Hamid Ansari on Wednesday said upcoming technologies like manufacturing of robotics and improved cost-efficiency in renewable energy will reshape geopolitics. “Every two […] Read more
CERC Proposes Levelized Generic Tariff for Select Renewables Updated On Tue, Apr 25th, 2017 by Saurenergy Central Electricity Regulatory Commission has proposed a new levelized generic tariff for selected renewable and project specific for solar PV. The Central Electricity Regulatory Commission (CERC) has proposed a new levelized generic tariff for the purchase of electricity from small hydro projects, biomass with Rankine cycle, non-fossil fuel based co-generation, biomass gasifier and biogas based […] Read more
Haryana Renewable Energy Minister Appealed To The People To Adopt Clean Energy To Protect The Environment Updated On Mon, Apr 24th, 2017 by Saurenergy Hundreds of school children participated in a walk to spread the message of ‘clean energy-green energy’, political leaders, administrators and experts also appealed to the people to adopt clean energy. Haryana Minister of State for New and Renewable Energy Banwari Lal appealed to the people to adopt clean energy to protect the environment. The minister […] Read more
Flex Launches Renewable Energy Storage Solution Updated On Wed, Apr 19th, 2017 by Saurenergy The Flex renewable energy storage solutions is a versatile, standardized energy storage platform for utility, commercial and industrial users Flex has expanded its contributions to the renewable energy industry with the introduction of energy storage solutions to address the challenge of integrating solar and wind power into the energy grid. Advanced Battery Energy Storage Systems (BESS) […] Read more
