‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees Updated On Mon, Mar 16th, 2020 by Saurenergy The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […] Read more
MNRE Launches new Website to Maintain Pace With Time Updated On Mon, Mar 16th, 2020 by Saurenergy RK Singh has recently launched the new website of the Ministry of New and Renewable Energy (MNRE) in an attempt to maintain pace with time. The Minister of State (I/C) for Power and New and Renewable Energy and Minister of State for Skill Development and Entrepreneurship Shri RK Singh has recently launched the new website […] Read more
EV Makers, Utilities Joining Hands for Charging Infra in India Updated On Fri, Mar 13th, 2020 by Saurenergy In order to fuel the growth of electric vehicle (EV) market in the country, EV manufacturers are now adopting a strategy of collaborating with utility companies to offer charging solutions to their customers, said the data and analytics company. In line with this approach, Jaguar Land Rover (JLR), an arm of Indian automotive giant Tata […] Read more
India has Offshore Wind Potential of 67 GW off the Coast of Tamil Nadu, Gujarat Updated On Fri, Mar 13th, 2020 by Saurenergy Approximately 36 GW offshore wind power potential exists off the coast of Gujarat and 31 GW off the coast of Tamil Nadu, MNRE Minister RK Singh has said Based on the preliminary studies carried out by the National Institute of Wind Energy (NIWE) in collaboration with various multilateral agencies, the Government has identified eight zones […] Read more
Canadian Solar’s Australian Arm Inks Solar PPA with Amazon Updated On Fri, Mar 13th, 2020 by Saurenergy Nasdaq listed Canadian Solar said that its Australian subsidiary Canadian Solar Australia has entered into a solar power purchase agreement (PPA) with Amazon. As per the deal, solar power will be supplied from the company’s 146 MWp/ 110 MWac Gunnedah solar farm, which will reach commercial operation by 2021. Also, the solar farm will use Canadian […] Read more
Sungrow Supplied Inverter Solns for 200 MW Wright Solar Project in California Updated On Fri, Mar 13th, 2020 by Saurenergy Sungrow, one of the leading inverter solutions supplier globally for renewable energy, has supplied its SG2500U-MV inverter solutions for 200 MW utility-scale Wright Solar project in California. Significantly, this project is California’s largest solar installation built exclusively for the Community Choice Aggregation (CCA) agency. It has been operational since early this year in California’s Central Valley, making […] Read more
Osaka Gas Enters Footprint in US’ RE Space; Invests in SolAmerica Updated On Fri, Mar 13th, 2020 by Saurenergy Osaka Gas USA (OGUSA), an arm of Osaka Gas Co., has agreed to invest in SolAmerica Energy, US-based distributed solar energy project developer and EPC provider. This joint venture will mark the company’s first investment in the US renewable energy sector. It will also further expand it’s power portfolio in North America. The investment will further be used […] Read more
2043 MW new Wind Capacity Added in India This Fiscal: RK Singh Updated On Fri, Mar 13th, 2020 by Saurenergy RK Singh has informed that 2043 MW of new wind energy capacity has been installed in the country in the current fiscal year up until February 29, 2020. Union Minister for Power and New and Renewable Energy RK Singh has informed that 2043 MW of new wind energy capacity has been installed in the country […] Read more
Parliamentary Panel Directs MNRE to Avoid Further Delay in RE Targets Updated On Fri, Mar 13th, 2020 by Saurenergy A Parliamentary panel has asked the MNRE to identify weak areas and take corrective actions without any further delay in meeting RE targets. A Parliamentary panel has expressed dismay over Ministry of New & Renewable Energy (MNRE) missing targets continuously and has suggested the ministry to identify weak areas and take corrective actions without any further delay. The Ministry […] Read more
