Over Rs. 71,200 crore sanctioned for Renewable Energy Sector by Banks & NBFCs since February, 2015 Updated On Mon, Apr 11th, 2016 by Saurenergy Banks & Non-Banking Financial Companies (NBFCs) have sanctioned over Rs. 71,201.54 crore to finance various renewable energy projects and disbursed Rs. 29,529.57 crore against the sanctioned amount since February 2015 till 21 March, 2016. During RE-INVEST 2015, 40 major Banks and Non-Banking Financial Companies (NBFCs) committed to provide debt funding to Renewable Energy Projects aggregating […] Read more
Need to find ways for solar energy to become norm rather than exception: Piyush Goyal Updated On Mon, Mar 21st, 2016 by Saurenergy Union Minister of State (IC) for Power, Coal New and Renewable Energy Piyush Goyal at the launch of a report titled, “Scaling up Private Investment in Rooftop Solar” said that there is a need to find ways for solar energy to become norm rather than exception. Goyal said that people can benefit from generating rooftop […] Read more
Public and NBFCs commits investment of Rs 3.82 lakh crore for 76,352 MW Capacity – Piyush Goyal Updated On Fri, Mar 11th, 2016 by Saurenergy The indigenous renewable sectors have turned heads recently. With active participation from investors and integrators, India seems to lorry its promising solar mission. At the ongoing budget session of Parliament, New and Renewable Energy Minister Piyush Goyal elatedly states that public as well as private banks and non-banking finance companies (NBFCs) have committed for financing […] Read more
SECI extends cooperation on utility-scale energy storage project, invites tenders to combine Solar & Wind Hybrid Project Updated On Wed, Mar 9th, 2016 by Saurenergy The Solar Energy Corporation of India (SECI) has extended interest on India’s first utility-scale energy storage project. The ambitious project is projected to be combined with a solar and wind hybrid project at Rangreek (Himachal Pradesh). The invited tender is for the design, procurement, construction, commissioning and associated transmission system for 2MW of grid-connected solar […] Read more
Risen Energy’s in-house production to reach 3,100 MWp by the end of 2016 Updated On Fri, Mar 4th, 2016 by Saurenergy China based firm Risen Energy Co Ltd. has announced that it in-house production capacity for photovoltaic (PV) cells and modules is expected to reach 3,100 MWp by the end of this year. The company in a statement said that at the end of year 2015 it’s highly automated manufacturing infrastructure amounted to a combined 2,600 […] Read more
The Power Industry can attract One Trillion Dollar Investment by 2030: Shri Piyush Goyal Updated On Tue, Feb 16th, 2016 by Saurenergy During the term of five year, the power industry is reckoned to attract an investment figured to $250 billion. Government’s task of rural electrification mission emphasizing no village without electricity access and coal swapping plus fresh policies for the electricity sector would aid in attracting this investment, said Union power and coal minister Piyush Goyal […] Read more
Australian Expertise in Rooftop Solar can aid India’s Renewable needs – Piyush Goyal Updated On Thu, Feb 11th, 2016 by Saurenergy Recently, at the roundtable of ‘Renewable Energy Challenge for Grid Integration’, Power Minister Piyush Goyal pronounced “Australia’s rooftop solar expertise has to be looked into to transfer technology at affordable rates expanding renewable energy in India.” The minister said, “India can use Australian expertise in rooftop solar as almost a third of Australian homes in […] Read more
Global Solar Sector Attracts US$160 billion Investment in 2015 – BNEF Report Updated On Fri, Jan 15th, 2016 by Saurenergy In 2015 the Global investment in solar sector reached a record US$161.5 billion off the back of 57GW of PV installations, more startling than the growth figures is that this commitment to renewables has continued to ratchet up while fossil fuel prices have plummeted. Oil prices have more than halved in two year. According to […] Read more
Suzlon to Foray into Solar Energy Sector to Offer Wind-Solar and Integrated Solutions Updated On Tue, Jan 12th, 2016 by Saurenergy The chairman of Suzlon Group has recently announced that the group is looking to foray into the solar energy sector in the current fiscal year. Tulsi Tanti shared his views while talking to a well-known media group of India that “Our priority for FY16 will be to ramp up volume by executing a strong order […] Read more
