Hero Future Energies and IFC to Invest $243.3 Mn in Rajasthan Solar Project Updated On Fri, Apr 26th, 2019 by Saurenergy The project will be supported by the World Bank’s International Finance Corporation (IFC), which will invest around $43.3 million (Rs 300 crore). Hero Future Energies Global (HFE), the clean energy arm of the Hero Group has revealed its plans to invest close to $200 million (Rs 1404 crore) for its latest solar project in Rajasthan. The company […] Read more
European Commission Approves EUR 385 Mn Support For RE Transition in Lithuania Updated On Fri, Apr 26th, 2019 by Saurenergy The scheme will contribute to Lithuania’s transition to low carbon and environmentally sustainable energy supply, in line with the EU environmental objectives and our state aid rules. The European Commission has approved, under EU State aid rules, a scheme to support electricity production from renewable energy sources in Lithuania. The measure, open to all types […] Read more
Interview with Sanjeev Sinha, President – IT & Digital Transformation, India Power Corporation Ltd Updated On Thu, Apr 25th, 2019 by Saurenergy For the Discom, smart grid can give out right information at the right time so that it can react and manage the grid accordingly. It would give a better control on the grid to manage load and even know beforehand on the impending load based on past data. This will allow Discom to draw appropriate […] Read more
Prioritise Electrification of 2 & 3 Wheeler Segment: Report Updated On Thu, Apr 25th, 2019 by Saurenergy The report brings insights and opinions from the country’s first multimodal e-mobility initiative, titled ‘Beyond Nagpur: The Promise of Electric Mobility’. A new report by the Ola Mobility Institute, a policy research and social innovation think-tank, offers insights from the shared mobility providers extensive electric vehicle operations in Nagpur to help devise business models, provide […] Read more
CleanMax Solar Secures Rs 275 Cr Investment From UK Climate Investment Updated On Wed, Apr 24th, 2019 by Saurenergy Mumbai-based solar power developer CleanMax Solar has raised Rs 275 crore in equity funding from UK Climate Investments (UKCI). UKCI will underpin the development of a nationwide network of solar farms following the agreement to invest £30 million in one of India’s leading providers of renewable energy for commercial and industrial clients, CleanMax Solar. Founded […] Read more
Huawei Supplies Smart String Inverters to ReNew Power’s Largest Utility Solar Project Updated On Tue, Apr 23rd, 2019 by Saurenergy Huawei supplied its SUN2000-95KTL-INH0 (“95KTL”) 1500Vdc smart interactive string inverters for the setting up of the project. ReNew Power, India’s largest renewable energy IPP (Independent Power Producer) recently announced that its 300 MW solar plant at Pavagada Solar Park was successfully on the commercial operation. Chinese inverter manufacturing major, Huawei supplied its SUN2000-95KTL-INH0 (“95KTL”) 1500Vdc […] Read more
At a Loss For Bids, SECI Extends 3 GW Manufacturing Linked Tender Again Updated On Tue, Apr 23rd, 2019 by Saurenergy The deadline for submission has been extended from April 22, 2019, to May 14, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission on its tender for setting up 3 GW ISTS-Connected solar PV power plant linked with setting up of 1.5 GW (per annum) solar manufacturing plant. The […] Read more
Touchdown – Solar Power Makes a Smooth Landing at Indian Airports Updated On Mon, Apr 22nd, 2019 by Saurenergy With over 100 operational airports, civil aviation in India has emerged as one of the fastest growing sectors in the country during the last three years. India is currently considered the third largest domestic civil aviation market in the world. India’s passenger traffic grew at 16.52 per cent year on year to reach a whopping […] Read more
India’s Growing Economy Will Continue to Attract Global Investors Updated On Mon, Apr 22nd, 2019 by Saurenergy India, the sixth largest producer of renewable energy in the world will continue to grow robustly at an annual average rate of 15.3 percent to reach 105.9 GW by 2028, up from 26 GW in 2018. India’s growth trajectory holds immense potential for global stakeholders to establish energy, infrastructure and technology collaboration with the country, […] Read more
