Egypt’s Solar Power Gets $102M Support from World Bank Agency Updated On Thu, Jan 11th, 2018 by Saurenergy The Egyptian government is moving forward on a mega project that involves private sector companies building solar and wind plants under a FiT scheme. The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group has announced a guarantee of $102.6 million for the construction of six power plants in Egypt. The power […] Read more
ReNew Power Raises Rs 2,235 Crore From NCD Updated On Wed, Jan 10th, 2018 by Saurenergy The issuance comes in two parts: the first, a credit enhanced NCD worth Rs 760 crore and the second, a multi-issuer cross-collateralised rupee bond involving multiple power distribution companies. ReNew Power Ventures Pvt. Ltd, one of India’s leading clean energy companies, has stated the closure of the issue of non-convertible debentures (NCDs) collectively worth Rs […] Read more
Annulled: NTPC Forced to Cancel 250 Megawatt October 2017 Solar Auction Updated On Tue, Jan 9th, 2018 by Saurenergy Anand Kumar who is the Secretary in Ministry of new and renewable energy confirmed that the solar auction had been annulled. Solar auction has been annulled forcefully. NTPC has been forced to cancel the result of its 250 mw solar auction held in October last year, which was won by Azure Power quoting a tariff […] Read more
Adani Group in the List of World’s Top 15 Utility Solar Power Developers Updated On Tue, Jan 9th, 2018 by Saurenergy Adani, positioned twelfth, is the main Indian organization on the rundown put out by Greentech Media, a Wood Mackenzie business. Adani Group has been named in the main 15 worldwide utility sun based power designers that incorporate preferences of First Solar, Total, SunEdison and Engie. Adani, positioned twelfth, is the main Indian organization on the […] Read more
Solar Modules Stranded at Indian Ports Because of Import Duty Altercation Updated On Sat, Jan 6th, 2018 by Saurenergy Solar modules worth more than $150 million are stuck at different Indian ports because of a disagreement about their grouping and the import charge connected to them. Solar modules worth more than $150 million are stuck at different Indian ports because of a disagreement about their grouping and the import charge connected to them, sources […] Read more
ITC to Put Rs 2,000 crore in Solar Power, Nourishment Preparing in UP Updated On Sat, Jan 6th, 2018 by Saurenergy ITC has communicated enthusiasm for putting Rs 2,000 crore in a food processing plant and a solar power plant in Uttar Pradesh. In a gathering with industries minister Satish Mahana in Kolkata on Thursday, ITC has communicated enthusiasm for putting Rs 2,000 crore in a food processing plant and a solar power plant in Uttar […] Read more
Scomi Plans to Venture into Solar Power Distribution Updated On Thu, Jan 4th, 2018 by Saurenergy Country president Zubaidi Harun concurred that the company’s focus mirrors Tenaga Nasional Bhd’s objective to have a balance between renewable and conventional energy sources. Scomi Group Bhd is planning to enter into the renewable energy sector especially in solar power distribution as the company sees a good potential for growth in this sector. Chief financial […] Read more
Maharashtra Control Utility Designs Coasting Solar Panels on lrai dam Updated On Tue, Jan 2nd, 2018 by Saurenergy Gliding solar power plant exists in India just in Kerala. A 500kW plant was as of late initiated in Banasura Sagar at the cost of Rs9.25 crore. The state, which is the pioneer in the renewable energy source division, is ready to keep on moving ahead as it is finding better approaches to expand the […] Read more
Nestlé to Install 7MW Solar PV Rooftop at Dubai Factories Updated On Thu, Dec 28th, 2017 by Saurenergy The installation of rooftop solar PVis in accordance with Nestlé’s commitment to the RE100 initiative, a global collaborative initiative of influential businesses committed to using 100% renewable energy. Nestlé has signed agreements, witnessed by HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), with Yellow Door Energy, Dubai’s leading […] Read more