MNRE organises panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW Renewables by 2022’ at CoP 23, Bonn, Germany Updated On Fri, Nov 17th, 2017 by Saurenergy India committed to its Renewable Energy Targets to provide Equitable Sustainable Development The Ministry of New and Renewable Energy (MNRE), Government of India, in partnership with the Confederation of Indian Industry (CII), organised a panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by 2022’ on 16th November 2017 at the […] Read more
ADFD & IRENA Started Accepting Applications For Funding Opportunities For Renewable Energy Projects Updated On Thu, Nov 16th, 2017 by Saurenergy The Facility allocated US$189 million to 19 renewable energy ventures across the globe, covering up to 50 per cent of the project costs. The International Renewable Energy Agency (IRENA), in partnership with the Abu Dhabi Fund for Development (ADFD), is inviting applications for renewable energy projects in developing countries. Within the framework of the ADFD-funded […] Read more
1 Billion USD Guarantee Can Lead to 15 Billion US Dollars Investment for Solar Energy Updated On Wed, Nov 15th, 2017 by Saurenergy CRMM could help build over 1 terrawatt (TW), or 1000 GW, of solar power generation capacity in low and middle-income countries by 2030. According to a study by Common Risk Mitigation Mechanism, a USD 1 billion guarantee could crowd in up to USD 15 billion of investments for 20GW of solar PV capacity in more […] Read more
India’s Renewable Energy Capacity Crosses Milestone of 60GW Updated On Wed, Nov 15th, 2017 by Saurenergy India has set an ambitious 175GW clean energy target by 2022, of which 100GW is to come from solar projects. India has achieved a major milestone in solar power generation capacity. India added 10,000 MW clean energy capacity in the last nine months, taking country’s total renewable energy capacity to 60,000 MW in the September […] Read more
Progress in Solar Energy Sector Helped India Cut Greenhouse Gas Emissions in 2017: Report Updated On Wed, Nov 15th, 2017 by Saurenergy India’s emissions are projected to grow by 2 percent in 2017, less than the average increase of 6 per cent over the last decade. In a significant development, India’s greenhouse gas emissions in 2017 was significantly lower than the average in the last decade because of the rapid progress made in installation of solar energy, […] Read more
Renewable Electricity’s Spanish Support Scheme Approved by the European Commission Updated On Mon, Nov 13th, 2017 by Saurenergy The scheme has around 40,000 beneficiaries. In 2016, the annual payments under the scheme amounted to €6.4 billion. The Spanish scheme supporting electricity generation from renewable energy sources, high efficiency co generation of heat and power and waste, the European Commission has found it to be in line with EU State aid rules. The scheme […] Read more
Tender for a 200MW Solar Plant are Now Open by Karnataka Renewable Energy Development Limited (KREDL) Updated On Mon, Nov 13th, 2017 by Saurenergy The company winning the tender will also provide operation and maintenance (O&M) services for a period of 10-years. The Karnataka Renewable Energy Development Limited (KREDL) has started inviting tenders for a 200 MW of solar plant to be developed at Karnataka’s Pavagada Solar Park. The agency responsible for implementing renewable energy will accept the bids […] Read more
Elgin Energy Seeking Permission to Build a 100-Acre Solar Photovoltaic (PV) Park in Kilkenny Updated On Mon, Nov 13th, 2017 by Saurenergy The project will also eliminate 300,000 tonnes of carbon dioxide emissions in its whole operation lifespan of 30 years. In a slew of proposal applications to develop solar park, Elgin Energy’s application to build a huge 100-acre solar photovoltaic (PV) park in UK’s Kilkenny. The high inflow of applications has been considered as the major […] Read more
Solar Energy Insurance for Utility Scale Projects Updated On Mon, Nov 13th, 2017 by Saurenergy With each step towards achieving 100GW solar power goal by 2022, the momentous development of solar insurance and reinsurance market in India could not come at a better time. When it comes to new and innovative financing models, growing number of large-scale solar PV power plants and reduction in the feed-in tariff has spurred the […] Read more
