EBRD Deepens Green Finance in Armenia with €2.5 Mn Loan Updated On Tue, Feb 26th, 2019 by Saurenergy Possible investments include technologies such as thermal insulation, photovoltaic solar panels, geothermal heat pumps and water efficient irrigation systems. The European Bank for Reconstruction and Development (EBRD) is intensifying efforts to strengthen energy efficiency in Armenia with the launch of a new Green Economy Financing Facility for the country, co-financed by the Green Climate Fund (GCF). Small and medium-sized enterprises (SMEs) […] Read more
Waaree Energies Targets Rs 400 Cr Revenue From Rooftop Segment Updated On Tue, Feb 26th, 2019 by Saurenergy Targets to commission 100 MW rooftop projects in the coming financial year. Waaree Energies, one of India’s largest solar PV manufacturer, looks towards the rooftop solar and aims at adding close to Rs 400 crore for the financial year ending 2020, exclusively through the segment. Rooftop solar will be one of the key focus segments […] Read more
Madhya Pradesh Regulator is Right, Don’t Consider Any Change in PPAs Updated On Sat, Feb 23rd, 2019 by Saurenergy The news that the Madhya Pradesh Electricity Regulatory Commission (MPERC) has refused the plea from the state electricity distribution companies’ (discoms) to revise the rates at which they procure wind power is to be welcomed. The MP Power management company — the holding entity of the state’s discoms, had made a plea to review the […] Read more
Wish List for The Final 2019 Budget Updated On Fri, Feb 22nd, 2019 by Saurenergy In a year when the country heads for general elections, the renewable sector has reason to look forward to a good final budget, from whoever comes to power. This is because the renewables sector has been an undisputed success story for India, and no government should be doing anything to slow it down. For the […] Read more
Sungrow Shipments to India Hits 3 GW Updated On Fri, Feb 22nd, 2019 by Saurenergy Sungrow has crossed the 3 GW mark for inverter shipments in India, and the company claims to have contracts signed and ready for the shipment of another 1 GW of inverters soon. Sungrow, one of the leading inverter solution supplier for renewables, recently announced that it has surpassed 3GW of inverter shipments, announcing it is accelerating […] Read more
Hyundai Steel And World Vision India Install Solar Street Lights in 4 TN Villages Updated On Fri, Feb 22nd, 2019 by Saurenergy This initiative is part of the Happy Safe Village Project, Tamil Nadu which aims at protection and safety to the communities in these villages. In line with the vision of creating safer and happy villages, Hyundai Steel and World Vision India have jointly installed 101 Solar Street Lights across four villages in the Sriperumbudur panchayat […] Read more
NISE Issues Tender For Fire Test Apparatus For SPV Modules Updated On Thu, Feb 21st, 2019 by Saurenergy The last date of bid submission is March 8, 2019. The National Institute of Solar Energy (NISE), an autonomous institute under the Ministry of New and Renewable Energy (MNRE) has issued a tender for “Fire tests, spread of flame and burning–brand tests apparatus set up” for Solar PV Modules at its campus in Gurgaon. The […] 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
We Welcome The Govt Decision For 2nd Phase of RTS Scheme: Praveer Sinha Updated On Wed, Feb 20th, 2019 by Saurenergy Heavy front-ended investment of RTS has been the single biggest challenge holding back its deeper penetration, particularly in rural and semi-urban parts of the country, Sinha said. In a bid to achieve the ambitious targets of 40 GW cumulative capacity from Rooftop Solar (RTS) Projects by 2022, the government has provided its consent for the […] Read more