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
EIB to Sign Loan Agreement with India for Renewable Energy Projects on March 10 Updated On Thu, Mar 8th, 2018 by Saurenergy The EIB claimed that it is the world biggest financier of climate action and clean energy projects. In 2017 the EIB financed EURO 19.6 billion of climate action projects, which is about 28 percent of its total financing. In a significant development, European Investment Bank (EIB) said it will ink an agreement on Saturday to […] Read more
Cabinet Okays India, Hellenic Deal on Renewable Energy Updated On Thu, Mar 8th, 2018 by Saurenergy Both sides aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable issues on the basis of mutual benefit equality and reciprocity. The Union Cabinet has approved the Memorandum of Understanding (MoU) between India and Hellenic on co-operation in renewable energy. Both sides aim […] Read more
Cabinet approves an MoU between India and Hellenic on Renewable Energy Cooperation Updated On Wed, Mar 7th, 2018 by Saurenergy The Union Cabinet chaired by Prime Minister Shri Narendra Modi has been apprised of the Memorandum of Understanding (MoU) on Cooperation in the field of Renewable Energy between India and Hellenic. The MoU was signed by the External Affairs Minister, Smt. Sushma Swaraj, Government of India and H.E. Nikos Kotzias, Minister of Foreign Affairs of […] Read more
Cabinet apprised of an MoU between India and Fiji on Cooperation in Renewable Energy Updated On Wed, Feb 28th, 2018 by Saurenergy The Union Cabinet chaired by Prime Minister Shri Narendra Modi has been apprised of aMemorandum of Understanding (MoU) on Cooperation in Renewable Energy between India and Fiji. The MoU was signed on 24th May, 201 7at Suva, Fiji. Both sides aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral […] Read more
Smart Grids Overcome Renewable Energy Variability and Uncertainty Updated On Mon, Feb 26th, 2018 by Saurenergy Smart grids—modernized networks that enable bidirectional flows of energy and use two-way communication and control capabilities, and “distributed generation”— will address the variability and uncertainty of RE without utilities having to add to their conventional Renewable Energy (RE, which includes hydro, biomass, and geothermal as well as the more familiar photovoltaic (PV) and wind) faces […] Read more
ReNew Power to Invest Rs 8k cr in UP to Set Up 1,200 MW Renewable Capacity Updated On Thu, Feb 22nd, 2018 by Saurenergy The move will create 12,000 jobs in the state, including direct employment for 5,500 people and indirect employment for 6,500 people, to facilitate development of 1200 MW of renewable energy installed capacity in the state. ReNew Power Ventures has signed a Memorandum of Understanding (MOU) with the Uttar Pradesh (UP) government to invest Rs 8,000 crore for 1,200 […] Read more
Tamil Nadu Among Nine Global Market Leaders in Renewable Energy Updated On Fri, Feb 16th, 2018 by Saurenergy Wind and solar accounted for 14.3 percent of Tamil Nadu’s total electricity generation in 2016-17. The state leads India in variable renewables market share. It also leads India in installed renewable energy capacity. Tamil Nadu figures in the list of nine major global power markets in renewable energy, according to a new research by […] Read more
Piyush Goyal: India Should Aim for 50 percent Renewable Energy by 2030 Updated On Sat, Feb 3rd, 2018 by Saurenergy The open doors and difficulties emerging from Energy 4.0 and energy progress rise above since quite a while ago settled segment limits characterized by coal, oil and gas parts. Coal Minister Piyush Goyal today said India ought to make progress toward 50 percent of its energy age limit from sustainable sources by 2030 on the […] Read more
