UPERC Accepts NPCL’s Response over Renewable Purchase Obligations Updated On Thu, Nov 29th, 2018 by Saurenergy UPERC had initiated suo moto proceedings against NPCL and Uttar Pradesh Power Corporation Ltd (UPPCL) for failing to submit the required information. The Uttar Pradesh Electricity Regulatory Commission (UPERC) has accepted Noida Power Company Limited’s (NPCL) submission regarding meeting the past renewable purchase obligations (RPO) targets. UPERC had initiated suo moto proceedings against NPCL and […] Read more
India Becomes Global Leader in Renewable Energy Auction: Report Updated On Tue, Nov 27th, 2018 by Saurenergy India’s second rank signifies a jump of three spots from last year when it was on 5th position in the green energy. China which was at the top position last year has slid down to the 7th position. Becoming a global leader in the renewable energy race, India is now the biggest market in the […] Read more
EIB Expands Cooperation with SBI in Wind Energy Financing Updated On Sat, Nov 24th, 2018 by Saurenergy With this collaboration, the promoters of wind projects in the country will benefit from long-term low cost financing under the dedicated EUR 600 million renewable energy financing programme that is already supporting large-scale solar investment across the country. The European Investment Bank (EIB) will increase its support for India’s wind energy projects by expanding the existing lending programmes […] Read more
GoI, ADB Lend $300 Mn via IIFCL to Fund Projects Including Renewables Updated On Sat, Nov 17th, 2018 by Saurenergy ADB funding is expected to fund at least 13 sub-projects through IIFCL, involving roads and renewable power generation, under the last tranche, says Kenichi Yokoyama. The Government of India (GoI) and Asian Development Bank (ADB) signed a USD 300 million loan agreement to support lending by India Infrastructure Finance Company (IIFCL). The Ministry of Finance […] Read more
Finance to Close Global Energy Access Gaps Dramatically Off-Track to Meet 2030 Targets: SEforALL Updated On Wed, Nov 14th, 2018 by Saurenergy Data shows finance for coal tripled in past year, but innovative off-grid solutions and finance models offer opportunities to meet Global Goals. Finance required to close electricity and clean cooking access gaps remains dramatically short of what is needed to meet global energy goals by 2030, leaving the world’s most vulnerable people behind, according to […] Read more
ENGIE Acquires 90% Stake in Simpa Energy India Updated On Wed, Nov 14th, 2018 by Saurenergy ENGIE has acquired 90 percent stake in Simpa Energy India French clean energy giant ENGIE has acquired a controlling stake in Simpa Energy India Pvt Ltd the company announced. The move is set to expand ENGIE’s geographical footprint and accelerate the company’s growth. ENGIE has acquired 90 percent stake in Simpa Energy India from its […] Read more
EDF Renewables Signs Two 20-Yr PPA For Solar+Storage Proj in California Updated On Tue, Nov 13th, 2018 by Saurenergy The Project is slated to achieve commercial operation by the end of 2021. The agreement is for generation and storage of solar energy. EDF Renewables North America signed two 20-years Power Purchase Agreement (PPA) with Silicon Valley Clean Energy (SVCE) purchasing 55 percent of the output, and Monterey Bay Community Power (MBCP) getting the remaining […] Read more
Fourth Partner Energy Commissions 980 kWp Rooftop Solar Carport for ŠKODA AUTO’s production facility in Aurangabad Updated On Tue, Nov 6th, 2018 by Saurenergy Fourth Partner Energy, India’s leading distributed solar energy company has commissioned a 980-kWp carport for ŠKODA AUTO India Private Ltd. at their manufacturing facility in Aurangabad, Maharashtra. This initiative, built in line with the ‘GREEN FUTURE’ strategy of ŠKODA AUTO and commissioned as part of the ‘INDIA 2.0’ project, is expected to reduce 922 tons […] Read more
Soltage Closes First Round of Investment in 100-MW Solar Portfolio Updated On Fri, Nov 2nd, 2018 by Saurenergy Project to power 18,000 homes and offset 300 million pounds of CO2 each year Independent renewable energy provider, Soltage LLC, today announced that it closed a first round of investment in a 38 project, 100-megawatt (MW) solar project portfolio located in five states across the East Coast and the Southeast. The portfolio includes a large asset […] Read more
