Solar Power Saves Rs 1 Crore Power Bills at Pune Municipal Corporation Updated On Mon, Jan 22nd, 2018 by Saurenergy The standing committee has approved the proposal in this regard. The civic body spends around Rs 4 crore annually on paying electricity bills of various properties owned by the civic administration. Solar Power can save around Rs 1 crore annually on electricity bills at Pune Municipal Corporation (PMC) thanks to the civic body’s plan to […] Read more
Andhra Pradesh to Have a Mega Solar Plant Set Up By Chinese Firm Updated On Fri, Jan 19th, 2018 by Saurenergy CETC will make the interest in a Solar PVC Manufacturing park coming up on around 18 sections of land in Sri City in Chittoor locale. CETC Renewable Energy Technology Company, a subordinate of China Electronics Technology Group, will set up a mega solar assembling plant in Andhra Pradesh with a venture of $50 million. It […] Read more
Amplus Inks Pact with Yes Bank for Solar Power Projects Updated On Fri, Jan 19th, 2018 by Saurenergy Rooftop solar energy company Amplus is also diversifying in new avenues such as battery storage, energy efficiencies, smart cities, and concentrated solar power technologies among others. Amplus Energy Solutions has signed an MoU with Indian private sector lender Yes Bank for a strategic tie-up to co-finance projects in the solar energy sector in the country. […] Read more
India Asset Examined to Exit SkyPower Global by ReNew, Greenko, Hero Updated On Tue, Jan 16th, 2018 by Saurenergy SkyPower won contracts to set up three solar ventures of 50 MW each in Madhya Pradesh in June 2015 and four tasks of 50 MW each in Telangana in August that year. No less than three Indian engineers are looking at the advantages of Canadian sustainable power source organization SkyPower Global, which intends to leave India […] Read more
Egypt’s Solar Power Gets $102M Support from World Bank Agency Updated On Thu, Jan 11th, 2018 by Saurenergy The Egyptian government is moving forward on a mega project that involves private sector companies building solar and wind plants under a FiT scheme. The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group has announced a guarantee of $102.6 million for the construction of six power plants in Egypt. The power […] Read more
A State Model for Development: Inclusion of Solar in Building Bye-Laws Updated On Thu, Jan 11th, 2018 by Saurenergy The inextricable connection between state policies and development is well defined. Make in India is known to have made a tremendous inroads in invigorating the manufacturing sector. The FDI inflows reached record high levels and GDP growth rate touched the 7.5% mark. In the past few months, metrics to quantify results of state policies reverberated […] Read more
Rs 2,800 Cr To be Invested in Madhya Pradesh Based Solar Park by IFC Updated On Thu, Jan 11th, 2018 by Saurenergy Continues of the speculation by IFC will be utilized for the development, operation, and upkeep of the solar plant. In one of the greatest arrangements in the sustainable power source space, International Finance Corporation (IFC), some portion of World Bank gathering, is near contributing $440 million or Rs 2,800 crore in Rewa Ultra Mega Solar […] Read more
ReNew Power Raises Rs 2,235 Crore From NCD Updated On Wed, Jan 10th, 2018 by Saurenergy The issuance comes in two parts: the first, a credit enhanced NCD worth Rs 760 crore and the second, a multi-issuer cross-collateralised rupee bond involving multiple power distribution companies. ReNew Power Ventures Pvt. Ltd, one of India’s leading clean energy companies, has stated the closure of the issue of non-convertible debentures (NCDs) collectively worth Rs […] Read more
ITC to Put Rs 2,000 crore in Solar Power, Nourishment Preparing in UP Updated On Sat, Jan 6th, 2018 by Saurenergy ITC has communicated enthusiasm for putting Rs 2,000 crore in a food processing plant and a solar power plant in Uttar Pradesh. In a gathering with industries minister Satish Mahana in Kolkata on Thursday, ITC has communicated enthusiasm for putting Rs 2,000 crore in a food processing plant and a solar power plant in Uttar […] Read more