US-India Clean Energy Finance (USICEF) Initiative launched to expand access to distributed clean energy projects Updated On Sat, Dec 17th, 2016 by Saurenergy Minister of State for Power, Coal & New and Renewable Energy and Mines, Piyush Goyal and US envoy Richard Verma on Friday launched US-India Clean Energy Finance (USICEF) Initiative. The U.S.-India Clean Energy Finance facility (“USICEF”) would support project preparation activities for distributed solar projects in order to unlock OPIC financing and mobilize public and private capital to expand access […] Read more
Launch scheme to provide jobs through solar project: Parliamentary panel Updated On Fri, Dec 16th, 2016 by Saurenergy A Parliamentary panel has asked the government to launch a scheme to set up solar power projects through qualified unemployed or under-employed youth, as assured by it on the floor of the House. “The implementation of the Assurance given in reply to unstarred question 1778 on March 5, 2015 regarding solar projects is of paramount […] Read more
Fitch assigns BBB- to IREDA’s issuer default ratings Updated On Fri, Dec 16th, 2016 by Saurenergy Fitch Ratings today said it has assigned BBB- to long-term foreign and local currency issuer default ratings on Indian Renewable Energy Development Agency with a stable outlook. “Fitch Ratings has assigned Indian Renewable Energy Development Agency Ltds (IREDA) long-term foreign and local currency Issuer Default Ratings (IDR) of BBB- and short-term IDR of F3. The […] Read more
MNRE Suspends New Applications for Channel Partner, Channel Partner and Govt. Agencies temporarily Updated On Fri, Dec 16th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) has announced that it has decided to suspend the process of empanelment of New Channel Partner, Channel Partner (New Entrepreneur) and Govt. Agencies temporarily. The new empanelment process will open in the calendar year 2017. As of now there is no info on the reason behind the suspension […] Read more
10 Indian states accounting for approximately 90 percent of all solar installations and pipeline: Mercom Capital Updated On Fri, Dec 16th, 2016 by Saurenergy Mercom Capital in its recent report has revealed that top 10 states in the country accounting for approximately 90 percent of all solar installations and pipeline. According to the research firm as of December 2016India has a total installed large-scale solar capacity of 9,018 MW and a solar pipeline of 14,030 MW. The top 10 […] Read more
Germany is providing soft loan to the tune of Euro 1 billion for India’s ‘Green Energy Corridors’: Piyush Goyal Updated On Fri, Dec 16th, 2016 by Saurenergy Union Minister for State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal on Thursday in Lok Sabha said that in order to facilitate integration of large scale renewable generation capacity addition, a comprehensive scheme including Intra-State and Inter-State transmission system has been identified as a part of ‘Green Energy Corridors’. Intra-State Transmission […] Read more
World Bank Study has pegged India’s Energy Efficiency Market at Rs. 1.6 Lakh Crores: Piyush Goyal Updated On Fri, Dec 16th, 2016 by Saurenergy Union Minister for State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal in Lok Sabha on Thursday in a written reply in Lok Sabha today, said that a World Bank study has pegged India’s Energy Efficiency Market at Rs. 1.6 Lakh Crores. World Bank’s study titled, ‘Utility Scale DSM Opportunities and […] Read more
EDF EN Canada’s Vulcan Solar Project Receives Alberta Utilities Commission Approval Updated On Fri, Dec 16th, 2016 by Saurenergy EDF EN Canada a subsidiary of EDF Energies Nouvelles Group, announced the approval by the Alberta Utilities Commission (AUC) to construct and operate the Vulcan Solar Hybrid Energy Centre (Vulcan Solar Project). The proposed 77.5 megawatt (MWAC) solar photovoltaic (PV) facility is located in Vulcan County near the Village of Carmangay. Approval is granted subject […] Read more
MNRE launches Online Training Program for Solar PV Design Updated On Fri, Dec 16th, 2016 by Saurenergy The New and Renewable Energy Ministry has developed an online training programe under public-private partnership for design, installation and maintenance of solar photovoltaics (PV) to meet the manpower requirements of the booming solar industry. The skilling online programme has been developed by the National Institute of Wind Energy under in association with Iacharya Silicon Ltd, […] Read more
