Haryana govt to set up Rs.500 Crore renewable energy project at Jhajjar, China Light and Power offers to join hands Updated On Thu, May 25th, 2017 by Saurenergy A senior level team from China Light and Power met the CM of Haryana in Hong Kong on Wednesday morning. They discussed a proposal for setting up a renewable energy project at Jhajjar with an investment of Rs.500 Crore. While China Light and Power has offered to join hands with the Haryana government in setting […] Read more
Renewable Energy Employs 9.8 Million People Worldwide: IRENA Updated On Wed, May 24th, 2017 by Saurenergy “Falling costs and enabling policies have steadily driven up investment and employment in renewable energy worldwide since IRENA’s first annual assessment in 2012, when just over seven million people were working in the sector.” According to a new report from the International Renewable Energy Agency (IRENA) more than 9.8 million people were employed in the […] Read more
Tata Power’s Renewable Energy Capacity Crosses 2,000 MW Mark, Clean Energy Portfolio surpasses 3000 Mark Updated On Wed, May 24th, 2017 by Saurenergy “We are happy to announce that Tata Power has registered a strong growth in renewables, which is one of our key focus areas through our recent acquisition of solar assets. The renewable energy business made a healthy contribution to PAT this year and we continue to be the largest renewable player in the country,” Tata […] Read more
Power Ministry Proposes Compensation for Grid Curtailment, to Benefit Renewable Energy Sector Updated On Wed, May 24th, 2017 by Saurenergy “If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure a favourable operational environment for renewable energy projects. It will also be positive for wind and solar energy developers,” The government has proposed a compensation mechanism for existing renewable energy projects, which will protect the […] Read more
Boost to India’s renewable energy plan as China steps-up investment in solar Updated On Fri, May 19th, 2017 by Saurenergy “Chinese investments in Indian coal projects have been declining. At the same time, Chinese investments in India on solar projects are slowly increasing,” India is treading a strong renewable energy path post-Paris Agreement as it witnesses a step-up in Chinese investments in solar energy. Additionally, there’s a significant slowdown in Chinese investments in thermal power […] Read more
Fronius SnapINverters are Increasing the Supply of Renewable Energy Around the World Updated On Thu, May 18th, 2017 by Saurenergy With SnapINverter from Fronius, The vision of 24 hours of sun is growing ever closer. Solar technology pioneer Fronius has developed a generation of inverters that are inspiring planners, installers and PV system operators alike: the SnapINverter. These devices are already being used successfully in a wide range of applications around the world, from family […] Read more
ADB Issues Green Rupee-Linked Bond to Support Renewable Energy in India Updated On Thu, May 18th, 2017 by Saurenergy ADB’s green rupee-linked bond to support renewable energy in India carries a 6.00% interest rate with a 3.75-year maturity, falling due in February 2021. The bonds, which are denominated in Indian rupees but settled in US dollars, were underwritten by JP Morgan and TD Securities as Joint Lead Managers The Asian Development Bank (ADB) has […] Read more
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
