ADB Expands Clean Energy Project in India with AIIB Co-financing Updated On Thu, Sep 28th, 2017 by Saurenergy The ADB financing comprised a $500 million government-backed loan and a further $500 million in non-sovereign lending to India’s national transmission company, Power Grid Corporation of India Limited (POWERGRID). The Asian Development Bank (ADB) has agreed to finance additional power transmission network components with co-financing from the Asian Infrastructure Investment Bank (AIIB) that will connect […] Read more
Shri R K Singh inaugurates workshop on “Waste to Energy” as a part of “Swachchata Hi Sewa” campaign Updated On Tue, Sep 26th, 2017 by Saurenergy Union Minister of State (IC) for Power and New & Renewable Energy, Shri R K Singh has emphasised the need for setting up more waste management plants around the country. Shri Singh said this while inaugurating a Workshop on “Waste to Energy” – Swachchata Se Swachh Urja here today. The workshop was organised by the […] Read more
Huawei Brings New Standard for Utility-Scale Solar in India Updated On Tue, Sep 26th, 2017 by Saurenergy Huawei has signed a 100 MW contract with Hyderabad based PES Engineers, and introduced next generation utility-scale ground 1100 V FusionSolar Smart PV Solution including the industry-leading 1100 V 65KTL smart string inverter. Huawei collaborated with partners in showcasing FusionSolar Smart PV Solution at REI Expo 2017. Huawei chose “building a smart PV ecosystem” as […] Read more
Heraeus Photovoltaics Launches Customer Initiative to Make Indian Photovoltaics Industry a World Leader Updated On Mon, Sep 25th, 2017 by Saurenergy Heraeus will intensify its customer relationship and provide secure supply chain to its customers, and will establish dedicated resources in its Engineering & Technology Center in Singapore, to better tailor and further speed up customization of silver pastes for Indian cell manufacturers. Heraeus Photovoltaics, the globally leading provider of technology solutions for the renewable energy […] Read more
Let’s Talk Solar Energy Storage Systems Updated On Mon, Sep 25th, 2017 by Saurenergy It is now said to be primitive if we sit with a strong brewed coffee and the board directors of green revolutionaries give a throwback on coal and thermal reserves. Without sharing an anecdote, the facts and figures and latest economics of renewables especially solar has tethered traditional energy production. India has one national grid […] Read more
Mytrah Energy Successfully Raises Rs. 1800 Crore Updated On Tue, Sep 19th, 2017 by Saurenergy The 1800 crore fund is being invested in the form of non-convertible debentures (“NCDs”) with a 7-year tenor into two Mytrah Group entities, Mytrah Energy (India) Private Limited (Rs. 980 crores) and Mytrah Ujjwal Power Private Limited (Rs. 820 crores). Mytrah, the Hyderabad-based renewable power producer has raised Rs 1,800 crores from Piramal Group’s financial […] Read more
Will GST Slowdown India’s Solar Power Juggernaut? Updated On Tue, Sep 19th, 2017 by Saurenergy The Government’s recent announcement of 18% tax rate under the new indirect tax regime for solar module was the biggest surprise for the power and renewable sector. Looking into the uproar and dissatisfaction in the industry the government seems to have changed its plan and working on settling the incongruities in the new regime. The […] Read more
Adobe Bengaluru Campus fulfills 100% of its Power Demand Through Renewable Energy, Signs 2.5 MW Grid-Scale PPA with CleanMax Solar Updated On Mon, Sep 18th, 2017 by Saurenergy Adobe has signed a 2.5 MW grid-scale solar power purchase agreement (PPA) with CleanMax Solar to operate off-site solar farms located in the Tumkur and Bellary districts of Karnataka. Adobe India today announced that its Bengaluru campus has become among the first in the state of Karnataka to meet 100 percent of its power consumption […] Read more
Aluminum Major Nalco to Tap Renewable Energy for Power Requirements Updated On Mon, Sep 18th, 2017 by Saurenergy NALCO looks forward to set up a 20 MW solar power plant in Madhya Pradesh and issued inviting tender (NIT) for selection of developer for EPC for 50 MW solar power project at a suitable location in India. National Aluminum Company (Nalco) is betting big on renewable energy resources to meet its rising power requirements. […] Read more
