Viz-A-Viz with Neelesh Garg, Director | Saatvik Green Energy Updated On Thu, Feb 21st, 2019 by Saurenergy Sustainability of the Industry is in Question I feel its unhealthy competition, which is driving the entire industry into a black hole. It starts right from the developers, to goes down till the manufacturer of small components. Sustainability of the industry is in question, because if people start using sub-standard products to match the cost, […] Read more
World Bank’s IFC to Invest $75 Mn in AC Energy’s Green Bond Updated On Thu, Feb 21st, 2019 by Saurenergy The proceeds from the AC Energy green bonds will be used to finance the company’s plans for up to 5GW of renewable energy projects in East Asia and Pacific. IFC, a member of the World Bank Group, will invest $75 million in the first-ever listed green bond issued by AC Energy Finance International Limited and […] Read more
ReNew Power Secures Additional Debt Funding of $350 Mn From OPIC Updated On Thu, Feb 21st, 2019 by Saurenergy The IPP has secured a fresh debt financing of up to USD 350 million from the US Government’s development finance institution. ReNew Power, one of India’s largest renewable energy Independent Power Producer (IPP) in terms of total energy generation capacity, has secured a fresh debt financing of up to USD 350 million from the Overseas […] Read more
NOVEC Signs 300 MW Agreement to Bring Low Cost Solar Power to Virginia Updated On Thu, Feb 21st, 2019 by Saurenergy The solar facilities involved in the agreement are expected to produce enough electricity to power nearly 73,000 homes, or the equivalent of taking nearly 37,000 passenger vehicles off the road. Northern Virginia Electric Cooperative (NOVEC), the 11th largest electric cooperative in the U.S. and D. E. Shaw Renewable Investments (DESRI) have reached an agreement for […] Read more
China Plans to Launch a Space-Based Solar Power Station by 2025 Updated On Tue, Feb 19th, 2019 by Saurenergy According to China’s Science and Technology Daily, the country’s researchers are working on a solar power station they will send to outer space. China’s Academy of Space Technology is working on an orbital power plant that would capture solar energy in space and beam it back to Earth. The scientists in Chongqing, China have plans […] Read more
Viz-A-Viz with Ashish Khanna, President, Tata Power (Renewables) Updated On Tue, Feb 19th, 2019 by Saurenergy Our policymakers will have to create an effective regulatory framework for the development and installation of a widespread solar water pump network. It will be largely beneficial if our farmers are made aware of the many benefits that come along with the adoption of solar water pumps as well. Policymakers can also incentivize the use […] Read more
Tender For 6.8 MW Wind Power Plant Issued in Daman & Diu Updated On Mon, Feb 18th, 2019 by Saurenergy The last date of bid submissions is April 22, 2019, the technical bods opening will take place on April 23, 2019, and price bid opening on April 30, 2019. The electricity department of Daman on behalf of the President of India has invited tenders from reputed manufacturers/EPC contractors for setting up of 6.8 MW of […] Read more
Implementation of 1000 MW Solar Power Projects With VGF Updated On Mon, Feb 18th, 2019 by Saurenergy The detailed tender document is under preparation and shall be available for download from February 28, 2019. The Solar Energy Corporation of India (SECI) has issued a notice with reference to the NIT regarding the Tender for Implementation of 1000MW Grid Connected Solar PV Power Projects by the Government Producers with Viability Gap Funding (VGF) Support for Self-Use […] Read more
Tata Power Solar’s Residential Rooftop Solution Now in Hyderabad Updated On Fri, Feb 15th, 2019 by Saurenergy Tata Power Solar has launched a residential rooftop solution in Hyderabad after a successful debut in Delhi, Mumbai, Ajmer, Bhubaneswar and Gandhinagar. Tata Power Solar Systems Limited, India’s largest solar energy company, has launched a complete residential rooftop solution in Hyderabad. The residential rooftop solutions are expected to save up to Rs 50,000 annually for […] Read more