India and ADB Sign $175 Million Loan Agreement to help improve Solar Transmission System Updated On Fri, Apr 7th, 2017 by Saurenergy Asian Development Bank has granted $175 Million Loan Agreement to India for supporting construction of high voltage transmission systems to evacuate power generated from new mega solar parks. The Government of India and the Asian Development Bank (ADB) signed a $175 million loan agreement to support construction of high voltage transmission systems to evacuate power […] Read more
India’s Solar Energy Capacity Grows by Record 5525 MW Updated On Fri, Apr 7th, 2017 by Saurenergy The latest figures provided by MNRE shows that India has gained a tremendous growth in solar energy capacity by a record 5525.98 MW. According to the latest figures provided by the ministry of new and renewable energy (MNRE), the FY 2016-17 saw India’s solar energy capacity grow by a record 5525.98 MW, while India had […] Read more
SolarEdge Strengthens Business Position in India with New Office and Leadership Updated On Fri, Apr 7th, 2017 by Saurenergy Already quite active in the Indian solar market, SolarEdge is now looking to expand its presence in the country with a new county manager, office and recruitment of a local team. SolarEdge Technologies, a global leader in PV inverters, power optimizers, and module-level monitoring services, is expanding its business in the Indian PV market with […] Read more
ReNew Power Invests INR 6700 Crore to Double its Renewable Energy Capacity in One Year to Cross 2GW Updated On Thu, Apr 6th, 2017 by Saurenergy In a single year, ReNew Power has doubled its renewable energy generation capacity to cross 2000 MW. ReNew Power Ventures Pvt. Ltd. (“ReNew Power”), India’s leading renewable energy Independent Power Producer has announced that the company has doubled its power generation capacity in a single year’s time to cross 2 GW. In the financial year […] Read more
Indian Railways to Add 1000 MW of Solar Power, 200 MW of Wind Energy: Suresh Prabhu Updated On Thu, Apr 6th, 2017 by Saurenergy Indian Railways will be able to draw 25 per cent of its energy needs from renewables and achieve the target of 5 GW of solar power by 2025. Railway Minister Suresh Prabhu has said that railways plans to use renewable energy in a “big” way and is looking to add 1,000 MW of solar power […] Read more
Haryana Renewable Energy Department Releases New Software for Solar Power Billing Updated On Wed, Apr 5th, 2017 by Saurenergy New Software for Solar Power Billing will be used from May in Haryana owing to the glitches in net meters. Haryana Renewable Energy Department (HAREDA) has announced that the billing software as per guidelines of the 2014 solar power plant scheme is now ready. The decision to develop new billing software comes amid complaints that […] Read more
Tata Power’s Industrial Energy undertakes solar micro grid project in Odisha Updated On Tue, Apr 4th, 2017 by Saurenergy The Solar Micro Grid project undertaken by Industrial Energy Limited in Odisha will benefit 255 people at Baliapal village with uninterrupted power. Tata Power, India’s largest integrated power company has continuously strived to uplift the lives of its communities living around its plant and project locations. In line with this philosophy, Industrial Energy (IEL), a […] Read more
European Investment Bank Sanctions EUR 200 Million for Indian Large-Scale Solar Power Projects Updated On Mon, Apr 3rd, 2017 by Saurenergy The State Bank of India gets EUR 200 Million long-term loan from European Investment Bank to fund five different solar power projects in Tamil Nadu and Telangana. The European Investment Bank has confirmed new support for solar power generation in India in partnership with the State Bank of India. The EUR 200 million (INR 1400 […] Read more
Cabinet approves MoU in the area of large-scale Grid Integration of Renewable Energy Updated On Sat, Apr 1st, 2017 by Saurenergy The MoU envisages promoting information exchanges in the areas of Renewable Energy integration regulations and balancing using gas, storage, and demand-side approaches, energy imbalance markets The Union Cabinet chaired by the PM Narendra Modi has approved for signing of a Memorandum of Understanding (MoU) between Forum of Regulators (FOR) and the National Association of Regulatory Utility […] Read more
