FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects Updated On Fri, Jun 21st, 2019 by Saurenergy Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […] Read more
IEEFA Report on Indonesia’s Solar Policies, Designed to Fail? Updated On Thu, Jun 20th, 2019 by Saurenergy Consistent and market-relevant enabling policies are key to building affordable solar power. Unfortunately, this basic principle has been overlooked as Indonesia has cycled through a patchwork of solar policies that have driven many experienced investors and developers to the sidelines. The proof is in the numbers. Despite having substantial solar resources, Indonesia’s solar policy framework […] Read more
Helping Achieve Grid Stability A Big Opportunity for Wärtsilä India – Neeraj Sharma Updated On Thu, Jun 20th, 2019 by Saurenergy With a total delivery of over 250 power plants and 3500MW of generation capacity, Wartsila India has had a ringside view of the evolving power scenario in India. The Finnish multinational is now making a strong case for its gas based plants, to balance out demand surges, as renewable energy plays a bigger role. Not […] Read more
Tariffs Drop to Rs 2.5/kWh in SECI’s 750 MW (Tranche-II) Solar Auction Updated On Thu, Jun 20th, 2019 by Saurenergy Four firms have emerged as the lowest bidders in the latest auction by SECI for the Rajasthan 750 MW solar Tender under Tranche-II. State-owned power giant NTPC, Mahindra Susten, Hero Solar Energy and Azure Power Maple have emerged as the lowest bidders in the latest auction by the Solar Energy Corporation of India (SECI) for the Rajasthan 750 MW solar […] Read more
UNDP and IRENA to Accelerate Low-Carbon Energy Transition Updated On Tue, Jun 18th, 2019 by Saurenergy UNDP and IRENA announced a global partnership to accelerate the low-carbon energy transition. The United Nations Development Programme (UNDP) and the International Renewable Energy Agency (IRENA) have announced a global partnership to accelerate the low-carbon energy transition and offer concrete steps to achieve sustainable development. Under the cooperation, the organizations will explore joint initiatives aimed […] Read more
Nautilus Commissions its Community Solar Project in New York Updated On Tue, Jun 18th, 2019 by Saurenergy Nautilus Solar Energy has completed its first of three community solar projects serving Orange and Rockland’s utility service territory in New York. Nautilus Solar Energy, a leading national solar acquisition, development, and asset management company, has announced the completion of its first of three community solar projects serving Orange and Rockland’s utility service territory in […] Read more
Norway Passes Law, Sovereign Fund To Become More Greener Updated On Fri, Jun 14th, 2019 by Saurenergy Norway’s Government Pension Fund Global has obtained a go-ahead to divest as much as $13bn of investments from fossils fuels after its parliament voted to pass the law The world’s largest sovereign wealth fund which handles over $ 1trillion worth of Norway’s investments has been given a green light for the largest fossil fuel divestment […] Read more
OPIC Approves $87 Mn in Funding For 250 MW Wind Project in Egypt Updated On Fri, Jun 14th, 2019 by Saurenergy OPIC has approved $87 million in funding for a 250 MW wind project in Egypt to support economic growth through the development of power infrastructure. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, today approved $87 million in financing to Lekela Egypt Wind Power BOO S.A.E. to support economic growth in […] Read more
Draft Regulations For Tariff of Distributed Solar Projects in Chhattisgarh Updated On Fri, Jun 14th, 2019 by Saurenergy The Chhattisgarh State Electricity Regulatory Commission (CSERC)has issued its draft regulations for Grid Interactive Distributed Renewable Energy Sources 2019. The Government of India has set an ambitious target to achieve 40 GW of cumulative installed capacity from grid-connected rooftop Photovoltaic (GRPV) systems by 2022. And in order to achieve that target, the center has partnered […] Read more
