ADB Granted Nearly USD 4 Bn in Sovereign Loans and Co-Financing to India in 2018 Updated On Wed, Apr 17th, 2019 by Saurenergy The Asian Development Bank (ADB) committed to providing nearly USD 4 billion in sovereign loans to India in 2018, the highest level of assistance since sovereign operations began in the country in 1986, said the annual report of the multilateral lending agency. In total, ADB, owned by 68 member countries, committed a total of USD […] Read more
Mumbai Housing Complex Goes Solar, To Reduce Electricity Bill by 70% Updated On Tue, Apr 16th, 2019 by Saurenergy This would be the equivalent of reducing 140 diesel cars a month and around 1,700 such cars a year from Mumbai’s roads. In what is, perhaps, the largest renewable energy project in the city, a housing society in the Mumbai suburbs is looking at cutting its electricity bill by 70% by generating 700-kW solar energy […] Read more
India, Denmark agreement on Wind Cooperation Approved Updated On Tue, Apr 16th, 2019 by Saurenergy India and Denmark’s agreement on Wind Energy, signed in March, was formally approved in a cabinet meeting chaired by Prime Minister Narendra Modi yesterday. Prime Minister Narendra Modi chaired a union cabinet meeting where it gave approval for a cooperation agreement between Ministry of New and Renewable Energy (MNRE) and Denmark’s Ministry for Energy, Utilities […] Read more
India is Now Aiming For 227 GW of RE Capacity by 2022: Venkaiah Naidu Updated On Mon, Apr 15th, 2019 by Saurenergy India has defined an ambitious target of deploying 175GW of renewable power by 2022. This target is now further raised to 227 GW of renewable energy capacity, considering that we are well on our way to exceeding the previously set target, Vice President M. Venkaiah Naidu said. Addressing the fourth Resilient Cities Asia-Pacific (RCAP) Congress […] Read more
Transition to 100% RE by 2050 ‘Cost-Effective’: EWG Study Updated On Mon, Apr 15th, 2019 by Saurenergy A new study by the Energy Watch Group and LUT University is the first of its kind to outline a 1.5°C scenario with a cost-effective, cross-sectoral, technology-rich global 100% renewable energy system that does not build on negative CO2 emission technologies. In what should be good news for skeptics worried about the cost of transitioning […] Read more
UP Village Sets Precedent With 100% Solar Power Use Updated On Mon, Apr 15th, 2019 by Saurenergy A village in Uttar Pradesh’s Amroha district is presenting itself as a model for renewable energy usage with complete dependence on solar power for all its needs. The solar-powered village in Chakanwala Panchayat named ‘Mandironwala Bhuddi’ has no electricity poles but is completely lit up using solar power. Solar panels have been installed at every house in the village as part […] Read more
Croatia’s HEP to Invest Over $100 Mn into Solar Power Plants by 2023 Updated On Thu, Apr 11th, 2019 by Saurenergy Croatia’s national power company, HEP, which has been engaged in electricity production, transmission and distribution for more than one century, has announced that it will invest close to $114 million into solar power plants by 2023. Solar power plants Kaštelir, Cres, Vis and Vrlika Jug, of the total capacity of 11.6 MW and the value […] Read more
HPPC Ordered to Follow Latest MNRE Competitive Bidding Guidelines Updated On Thu, Apr 11th, 2019 by Saurenergy HPPC has been ordered to follow the latest competitive bidding guidelines issued by MNRE for procurement of power from solar power projects. The Haryana Power Purchase Centre (HPPC) has been ordered by the Haryana Electricity Regulatory Commission (HERC) to follow the latest competitive bidding guidelines issued by the Ministry of New and Renewable Energy (MNRE) […] Read more
MNRE Seeks Views on Draft Specifications & Testing Procedure for Universal Solar Pump Controller Updated On Thu, Apr 11th, 2019 by Saurenergy The MNRE has proposed to consider the use of USPC to increase the utility of solar PV system installed for solar water pumps. Therefore, it has formulated the draft specifications and testing procedure for USPC. After inviting suggestions on draft guidelines for lab testing of storage batteries and inverters, the Ministry of New & Renewable […] Read more
