EBRD Devoted 36% to Green Financing in 2018 Updated On Sat, Jan 19th, 2019 by Saurenergy It is well on the way to meeting a target of dedicating 40 per cent share of investments to the green economy by 2020. The European Bank for Reconstruction and Development (EBRD) has devoted 36 per cent of its total investments to the green economy in 2018. The bank said in a statement that, it […] Read more
BHEL, Libcoin to Build India’s 1st Lithium Ion Battery Plant Updated On Sat, Jan 19th, 2019 by Saurenergy The government is further expecting that, this project will bring energy independence by replacing oil imports with abundant renewable. Public sector electric equipment maker Bharat Heavy Electricals Ltd (BHEL) and Libcoin are in talks to form a consortium to initially build 1GWh lithium ion battery plant in India, says government. The Ministry of Heavy Industries […] Read more
AAI Seeks Contractors for 4 MW Solar Plant at Bhubaneswar Airport Updated On Fri, Jan 18th, 2019 by Saurenergy The estimated project cost is Rs 258,781,444 and the project completion timeframe is four months from the time the contract is awarded. The Airports Authority of India (AAI) is looking for an engineering, procurement, and construction (EPC) contractor to develop a 4 MW ground-mounted solar photovoltaic (PV) project at the Biju Patnaik International (BPI) Airport in Bhubaneswar. The […] Read more
World’s Largest Solar Plant to Come Up in Ladakh Updated On Mon, Jan 14th, 2019 by Saurenergy A land accustomed to thousands of travelers every year to witness the breathtakingly beautiful landscapes and the predominantly chilly weather will soon be known for being home to the world’s largest single-location solar photo-voltaic plant. The Solar Energy Corporation of India (SECI) has come out with ambitious plans promoting solar PV projects in Jammu and […] Read more
EBRD Lends 5.9 Mn Euros for 15 GW Macedonian Solar Plant Updated On Mon, Jan 7th, 2019 by Saurenergy Since the new solar plant is located at the site of an exhausted lignite coal mine it will also support ELEM’s efforts to rehabilitate the 26 hectare mine site. The European Bank for Reconstruction and Development (EBRD) is lending 5.9 million euros to ELEM, Macedonian state-owned electricity company, to build the first large-scale solar power […] Read more
Texas Can Be Free of Coal, Study Finds Updated On Fri, Jan 4th, 2019 by Saurenergy Texas could meet a significant portion of its electricity demand from renewable power without investing much into extensive battery storage. Texas is the state from where the USA started its journey of oil, turns out it is also the place where wind and solar energy can provide power round the clock, a new research has […] Read more
Indian Railways to Set Up 1 GW Solar Capacity by 2020-21 Updated On Thu, Jan 3rd, 2019 by Saurenergy Indian Railways has an existing capacity of 71.19 MW of Solar plants from rooftops solar installations at various Railways stations. Ministry of Railways has planned to set up 1000 Mega Watt (MW) solar power by 2020-21 which would help Railways to source about 10% of its electrical energy from renewable source, Minister of State of […] Read more
Gujarat Issues Tender for 500 MW Solar Power Updated On Wed, Jan 2nd, 2019 by Saurenergy The lowest capacity a company can bid for is 25 MW and GUVNL will sign a power purchase agreement with the company for 25 years. The lowest capacity a company can bid for is 25 MW and GUVNL will sign a power purchase agreement with the company for a tenure of 25 yearsThe Gujarat Urja […] Read more
SPDA Demands Uniform GST Rate of 5% Updated On Mon, Dec 31st, 2018 by Saurenergy The total incidence of tax on the SPGS would increase to 8.9 per cent with implementation of the GST Council recommendations. The recently issued sigh of relief from the GST council which recommended 5% GST for almost 70% of solar products has come under ire just a week after GST council issuing its recommendations. The […] Read more