IREDA & European Investment Bank sign Euro 150 million Loan Agreement for Renewable Energy Financing in India Updated On Sat, Mar 10th, 2018 by Saurenergy More than 1 million Indian households to benefit from the new initiative EIB has extended this line of credit without insisting for sovereign guarantee from Government of India European Investment Bank (EIB) and Indian Renewable Energy Development Agency (IREDA) Ltd. have signed a loan agreement for a second line of credit (LoC) of Euro 150 […] Read more
Diu Becomes Country’s First Fully Solar Powered UT Updated On Fri, Mar 9th, 2018 by Saurenergy The Union territory has displayed a model for an effective way for people to harness this renewable energy source. In a move to go green, Diu has become India’s first 100 per cent solar powered and energy surplus Union territory (UT). The Union territory has displayed a model for an effective way for people to harness this renewable energy […] Read more
Wabash Valley Power Inks Pact with Ranger Power for 99 MW Illinois Solar Project Updated On Wed, Mar 7th, 2018 by Saurenergy Wabash Valley Power will be the sole buyer of the energy produced from the Prairie State Solar Project, a 99 MW array to be built on privately owned land in Perry County. Wabash Valley Power’s member co-ops will benefit from a recently completed long-term agreement to purchase the energy and capacity generated by what will […] Read more
Corning, AUO Collaborates on Solar Power Generation Proj in Taiwan Updated On Wed, Mar 7th, 2018 by Saurenergy The project will provide enough electricity to meet the power needs of approximately 300 US households a year, while significantly reducing carbon dioxide (CO2) emissions. Corning Incorporated and AU Optronics Corporation (AUO) has collaborated on a solar power generation project in Taiwan. The project will provide enough electricity to meet the power needs of approximately 300 US households […] Read more
Microsoft Inks Solar Energy Pact with Atria Power to Lighten its B’lore Office Updated On Tue, Mar 6th, 2018 by Saurenergy Microsoft will purchase 3 megawatts of solar-powered electricity from the Bangalore-based company, which will meet 80 per cent of the projected electricity needs at the new facility. Microsoft Corp., an IT giant, has singed its first renewable energy deal with Atria Power, a renewable power producer, to power its new office building in Bangalore, Karnataka. As per […] Read more
Intersolar India is celebrating its 10th anniversary in Bengaluru – the Silicon Valley and technology hub of India Updated On Thu, Mar 1st, 2018 by Saurenergy Solar developments in India grew exponentially in 2017. Further announcements and new market opportunities in the energy storage and electric mobility sector strengthen India to become an interesting and very promising market in the future. The state of Karnataka is one of the most flourishing Indian solar markets and the first Indian state to launch […] Read more
Avaada Power Inks MoU to Set Up 500MW Solar Farms in Andhra Updated On Wed, Feb 28th, 2018 by Saurenergy The move will generate more than 1,200 employment opportunities in the state. Renewables developer Avaada Power has inked an Memorandum of Understanding (MoU) with the Andhra Pradesh government to develop 500MW of utility-scale PV projects, with an investment of Rs 35 billion (USD537 million). The Indian solar developer said that the projects in the state […] Read more
Renew Power Commits Rs 13k cr Investment on Clean Energy in AP Updated On Mon, Feb 26th, 2018 by Saurenergy The move has come to develop renewable energy capacity in Andhra Pradesh and also helps in generating direct employment for 4,000 people and indirect employment for 6,000 people. Renewable energy company ReNew Power has inked a Memorandum of Understanding (MOU) with the Andhra Pradesh (AP) government during the ongoing 3-day CII Partnership Summit to invest Rs 13,000 crore over the next five years. […] Read more
200KW Solar Power Plants Commissions in CIHSR, Nagaland Updated On Sat, Feb 24th, 2018 by Saurenergy The Government of India (GoI), through the Ministry of New and Renewable Energy (MNRE), sponsored the 200 KW off-grid solar power plants and were implemented by DNRE, government of Nagaland. In a move to contribute towards clean energy, a 100 KW grid solar power plant and 100 KW off grid solar power plants were inaugurated […] Read more