Interview with Rajendra Kumar Parakh, CFO, Vikram Solar Updated On Thu, Mar 28th, 2019 by Saurenergy Availability of Domestic Finance at Viable Cost is Still a Distant Dream The only challenge that we can foresee is in terms of availability of finance and cost of finance available for renewable energy sector. Sources of finance for both solar manufacturing industry and solar deployment industry are scarce, a large part of funding comes […] Read more
Driving Greater Efficiency Through Technological Innovation Updated On Thu, Mar 28th, 2019 by Saurenergy Technological excellence can change the world as history testifies from the steam engine and the telephone, to the airplane and the internet, many successful inventions have relied on smarter use of technology to transform how we live, work, travel and communicate. It’s marvellous how these inventions have become so integral to our lives – and […] Read more
Maharashtra Passes Order For Power Generated by Solar Pumps to Account Towards RPO Fulfilment Updated On Mon, Mar 25th, 2019 by Saurenergy MSEDCL had filed the petition with the commission for the consideration of deemed generation on account of the installation of Off-Grid solar pump towards its RPO fulfillment. The Maharashtra Electricity Regulatory Commission (MERC) in a recent order has confirmed that the power generated by off-grid solar photovoltaic (PV) water pumps in the state installed under various […] Read more
EMEC Secures $35 Mn For Floating Wind Project in North-West Europe Updated On Fri, Mar 22nd, 2019 by Saurenergy The project is led by the European Marine Energy Centre (EMEC) working in partnership with SEAI, SAIPEM and other organisations in France, Germany, Ireland, the Netherlands, and the UK. A EUR 31 million ($35 million) project has been approved for an ambitious four-year floating offshore wind project. Subject to consenting, it is planned that a […] Read more
ADB and LEAP Sign $18.7 Mn Loan Agreement For Financing 5MW Solar Plant in Mongolia Updated On Fri, Mar 22nd, 2019 by Saurenergy The loan agreement marks ADB’s first co-financing with LEAP in Mongolia’s renewable energy sector. The Asian Development Bank (ADB) and the Leading Asia’s Private Infrastructure Fund (LEAP) today signed an $18.7 million loan with Sermsang Power Corporation Public Company Limited (SSP) and Tenuun Gerel Construction LLC (TGC) to build, operate, and maintain a 15 MW […] Read more
CECEP Connects World’s Largest Floating Solar Plant in China Updated On Fri, Mar 22nd, 2019 by Saurenergy Chinese state-owned developer CECEP, in collaboration with French floating solar specialists Ciel & Terre, has connected its 70 MW floating solar power plant in Anhui, China to the grid after the project successfully cleared all tests and monitoring. Located on a former coal-mining area, in Yongqiao district, Suzhou city, the floating PV array will mainly […] Read more
ADB Commits $50 Mn in Noida-Based Solar Power Developer Avaada Updated On Wed, Mar 20th, 2019 by Saurenergy The multi-lateral funding agency said the investment contributes to ADB’s goal to provide cumulative climate finance of $80 billion from 2019 to 2030. The Manila based Asian Development Bank (ADB) announced that it has inked an agreement to invest $50 million in solar energy project developer Avaada Energy Pvt Ltd to help the company scale up rapidly. The investment will […] Read more
First Bids Under IL&FS Asset Monetisation Expected Soon Updated On Mon, Mar 18th, 2019 by Saurenergy The sale of its renewable energy business will reduce the total debt of IL&FS by Rs 5,000 crore. Cash-strapped IL&FS Group will receive first set of bids under the asset monetisation process on Monday as part of the resolution process, according to sources. The company’s board will later consider bids for Rs 8,000 crore renewable energy business that […] Read more
Intersolar India West to Showcase Latest Developments & Opportunities For Solar Industry of Western India Updated On Mon, Mar 18th, 2019 by Saurenergy Maharashtra is the growth engine of India’s economy taking strident steps to be among the top PV states in India. Leading with its solar rooftop market and being the capital for India’s financial industry, Mumbai is the best place for doing solar business in India’s western regions. Intersolar India West will open its doors on […] Read more
