Cabinet approves Initial Public Offer of Indian Renewable Energy Development Agency Limited Updated On Wed, Jun 7th, 2017 by Saurenergy The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to: (a) issue 13,90,00,000 fresh equity shares of Indian Renewable Energy Development Agency (IREDA) of Rs.10 each to the public on book-building basis through the IPO; (b) issue shares to retail investors and IREDA employees at a […] Read more
KERC accelerating solar projects as demand surges in Karnataka Updated On Wed, Jun 7th, 2017 by Saurenergy The KERC has included cross-subsidy charges on solar power from solar farms. Additionally, it has given a 10-year waiver of key grid charges, for solar power projects commissioned before March 2018. Taking cue from Prime Minster Narendra Modi’s ardent appeal in Paris Climate Conference in 2015 to make India a solar-powered nation, the Karnataka Electricity […] Read more
SunPower to Supply 64 Megawatts in First Round of French’s Tender Process for Rooftop Solar Projects Updated On Thu, Jun 1st, 2017 by Saurenergy In March this year, SunPower announced that it was the leading solar panel provider in the first round of France’s tender process for large-scale solar power project SunPower has announced that in the first round of France’s tender process for rooftop solar projects, the company will supply 64MW of its high efficiency SunPower E-Series solar […] Read more
PuREnergy and My Home Group Signs MoU for Innovative Solar Power Systems Updated On Wed, May 31st, 2017 by Saurenergy Both PuREnergy and My Home Group will execute the projects jointly in the area of solar power and deliver innovative solar power systems. Diversified city-based conglomerate My Home Group has announced that it has signed a MoU with city-based startup PuREnergy to implement innovative solutions in the area of solar power. As per the MoU, […] Read more
PM Modi Begins Four-Nation Tour, clean energy among others on future roadmap of cooperation Updated On Mon, May 29th, 2017 by Saurenergy Modi said he and Merkel will “chart out a future roadmap of cooperation with focus on trade and investment, security and counter-terrorism, innovation and science and technology, skill development, urban infrastructure, railways and civil aviation, clean energy, development cooperation, health and alternative medicine.” PM Narendra Modi begins his four-nation tour of Germany, Spain, Russia and […] Read more
ISA can act as a medium to achieve universal energy access target set up before 2030: Piyush Goyal Updated On Fri, May 26th, 2017 by Saurenergy Piyush Goyal also said that Scaling Solar MiniGrids shall work in tandem with ISA’s over all objectives and already existing two programmes, namely Scaling Solar Applications for Agricultural Use and Affordable Finance at Scale launched on 22nd April, 2016. Minister of State (IC) for Power, Coal, Mines and New & Renewable Energy, Piyush Goyal, at […] Read more
Haryana govt to set up Rs.500 Crore renewable energy project at Jhajjar, China Light and Power offers to join hands Updated On Thu, May 25th, 2017 by Saurenergy A senior level team from China Light and Power met the CM of Haryana in Hong Kong on Wednesday morning. They discussed a proposal for setting up a renewable energy project at Jhajjar with an investment of Rs.500 Crore. While China Light and Power has offered to join hands with the Haryana government in setting […] Read more
India’s Energy Transformation from Fossil Fuel to Renewables is Gaining Rapid Momentum: Experts Updated On Thu, May 25th, 2017 by Saurenergy “Measures taken by the Indian government to improve energy efficiency coupled with ambitious renewable energy targets and the plummeting cost of solar has had an impact on existing as well as proposed coal fired power plants, rendering an increasing number as financially unviable,” India’s decision to cancel nearly 14 gigawatts of coal-fired power stations coupled […] Read more
Cabinet Approves Raising of Bonds of Rs. 2360 crores for Renewable Energy Updated On Thu, May 25th, 2017 by Saurenergy MNRE will raise the bonds through the Indian Renewable Energy Development Agency, and the funds will be used for approved programmes/schemes for solar park, green energy corridor, generation-based incentives and more. The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to Raising of Bonds of Rs. 2360 crores for […] Read more
