Solar Fastest Growing New Energy Source in India: Mercom Capital Group Updated On Tue, Jun 7th, 2016 by Saurenergy Global clean energy communications and research firm, Mercom Capital Group released its quarterly update on the Indian solar market on Monday, 6th June. Mercom predicts approximately 5 GW of solar installations in India for calendar year 2016. Mercom in its report states that cumulative solar installations in India crossed the 7.5 GW mark as of […] Read more
US renewables row: Government for bilateral solution Updated On Fri, Jun 3rd, 2016 by Saurenergy The Indian government has decided not to drag US to the WTO for alleged desecration of the world trade body’s norms on renewable energy as it prefers a bilateral solution, said Union Power Minister Piyush Goyal. “The US has requested for bilateral talks to which Govt. has readily agreed. The commerce ministry is in dialogue […] Read more
India and US signs MoU to enhance cooperation on energy security, clean energy & climate change Updated On Fri, Jun 3rd, 2016 by Saurenergy Indian government and US signed Memorandum of Understanding ( MoU) on 2nd June, 2016, to enhance cooperation on energy security, clean energy and climate change through increased bilateral engagement and joint initiatives for promoting sustainable growth. These activities are intended to increase incentives for innovation including research and development, and voluntary and mutually-agreed technology transfer, […] Read more
SoftBank’s investments in India to surpass $10 billion in 5-10 years Updated On Wed, Jun 1st, 2016 by Saurenergy Japanese telecom and Internet giant SoftBank has announced that its investments in the country will surpass USD 10 billion in 5-10 years. Chief Executive Masayoshi Son to PTI said SoftBank will make its first USD 350 million investment in a solar project in India and expand in next 5-10 years, probably around USD 10 billion. […] Read more
Ministry of Power and USAID launches portal to promote Net Zero Energy Buildings Updated On Fri, May 27th, 2016 by Saurenergy Ministry of Power with United States Agency for International Development (USAID) has launched country’s first integrated web portal (www.nzeb.in) to promote and mainstream Net Zero Energy Buildings (NZEB). The portal offers complete information about Net Zero Energy Buildings – that generate as much energy as they use – as well as how to achieve near-zero […] Read more
World Bank approves $750 Million loan to Support India’s Grid Connected Rooftop Solar Program Updated On Tue, May 17th, 2016 by Saurenergy The World Bank Board has approved a $625 million loan to support the Government of India’s grid connected rooftop solar programme to generate clean energy. World Bank has also approved a co-financing loan of $120 million on concessional terms and a $5 million grant from Climate Investment Fund’s (CIF) Clean Technology Fund. The project will […] Read more
Intersolar and ees India receives Trade Fair Certification from U.S. Department of Commercial Service Updated On Tue, May 17th, 2016 by Saurenergy Intersolar India and its special exhibition ees India, has received Trade Fair Certification status from the U.S. Department of Commercial Service. The certification recognizes the capability and experience of the local organizer MMI India Pvt. Ltd and its international contacts Solar Promotion International GmbH, Pforzheim and Freiburg Management and Marketing International GmbH (FMMI) in organizing an event […] Read more
Cabinet chaired by the PM Modi apprised of a GFA on RE Cooperation between India and UAE Updated On Fri, May 13th, 2016 by Saurenergy The Union Cabinet chaired by PM Narendra Modi was apprised of General Framework Agreement (GFA) on Renewable Energy (RE) Cooperation between India and UAE. The General Framework Agreement was signed by the two nations on 11th February in New Delhi this year during the state visit of Crown Prince of UAE. The GFA aims at […] Read more
Government to set up a pool of capital to fund research on green energy technologies: Piyush Goyal Updated On Wed, May 11th, 2016 by Saurenergy Minister of Power, Coal and New & Renewable Energy, Piyush Goyal delivering Keynote address on Tuesday at a conference on ‘The Future of Electricity’ said “the future of electricity in India rest on the pillars of affordability, sustainability and country’s energy security.” India’s electricity consumption is going to increase fourfold from 1.1 trillion units to […] Read more
