Azure Power Raises $135 Mn via Debt Financing from IFC Consortium Updated On Fri, Jun 1st, 2018 by Saurenergy The company will use these proceedings to finance approximately 200 MWs of it’s solar rooftop projects across the country. Indian solar power producer Azure Power has raised USD 135 million through debt financing from a consortium led by International Finance Corporation (IFC). The IFC led consortium also includes other lenders like FMO – the Dutch […] Read more
Google Announces Project Sunroof for Solar Power in UK Updated On Thu, May 31st, 2018 by Saurenergy Along with Eon, Google has also partnered with Tetraeder, a German software firm, on the project. Project Sunroof uses machine learning to estimate how much solar potential a house has by examining the property’s features, such as its roof area and angle, and weather data, such as sun positioning. The British homeowners can now save […] Read more
Solar Street Lighting Market to Grow at Brisk Pace for Few Years: Research Updated On Wed, May 30th, 2018 by Saurenergy The governments of many countries such as India, China, and the US have made stringent regulations and schemes such as feed in tariffs and quota based renewable portfolio standards (RPS), or promotion of renewable sources of energy such as solar, wind power and others. A recent market research from P&S Market Research has showed that […] Read more
No Payment for Solar Power Producers if No Land Title in Karnataka Updated On Wed, May 30th, 2018 by Saurenergy The National Solar Energy Federation of India wrote to Ministry of New and Renewable Energy that the developers are not being paid because they haven’t received clear titles to the land they acquired for the projects. Against the delaying of clearance of land acquisition, the solar energy developers have protested against the Karnataka government to […] Read more
Ultraviolette Automotive Develops India’s First Ecosystem of High Performance Electric Motorcycles and Battery-swap Energy Infrastructure Updated On Wed, May 30th, 2018 by Saurenergy Ultraviolette Automotive Pvt. Ltd., an innovator in sustainable mobility and energy infrastructure, today confirmed that it is developing India’s first ecosystem of high performance electric motorcycles and battery-swap energy infrastructure to accelerate the adoption of electric vehicles across India. As part of its comprehensive EV roadmap, Ultraviolette Automotive, which recently raised Series A funding from […] Read more
SECI Named Nodal Agency to Implement 2,500 MW Wind-Solar Hybrid Project Updated On Mon, May 28th, 2018 by Saurenergy The eligible capacity for bidding will be a minimum 200 MW and maximum 500 MW by a bidder with project capacity of at least 50 MW at one project site. The Ministry of New and Renewable Energy (MNRE) has appointed Solar Energy Corporation of India (SECI) as the nodal agency for setting up of 2,500 […] Read more
SECI Issues 5 GW Tender for Solar PV Power Plants Linked with PPAs Updated On Mon, May 28th, 2018 by Saurenergy All the development of manufacturing units and the linked solar PV projects will be on the bases of build own operate (BOO) basis. Furthermore, SECI will enter into Power Purchase Agreement (PPA) with the successful Bidders selected based on this request for selection (RfS) for purchase of Solar Power for a period of 25 years […] Read more
SDMC ‘First’ in Country to Generate Solar Energy, Selling Surplus Power Updated On Fri, May 25th, 2018 by Saurenergy As much as 2500 KW peak solar power is being generated from the solar panels installed in 54 schools and a community centre, the South Delhi Municipal Corporation said. The body has earned Rs 9.69 lakh by selling its surplus power to distribution company BSES after consumption in its own buildings. The South Delhi Municipal Corporation […] Read more
Osaka Gas Engineering to Provide Consulting Services on Construction of LNG Receiving Terminals in Taiwan Updated On Fri, May 25th, 2018 by Saurenergy Osaka Gas Engineering Co., Ltd. (OGE), a subsidiary of Osaka Gas Co., Ltd. (Osaka Gas)(TOKYO:9532), has entered into an agreement to provide consulting services on construction of LNG receiving terminals of CPC Corporation, Taiwan (CPC) and Taiwan Power Co., Ltd. (TPC) respectively. In CPC’s third LNG receiving terminal construction project, OGE will conduct Front End […] Read more
