Renewable Purchase Obligations Should be Strictly Enforced: NITI Aayog Updated On Thu, Dec 20th, 2018 by Saurenergy Launched by Finance Minister Arun Jaitley, the document outlines a slew of measures to reform the energy sector of the country. NITI Aayog recently published its latest strategy document ‘Strategy for New India @75’ in which it has recommended that renewable purchase obligations should be strictly enforced. Launched by Finance Minister Arun Jaitley, the document […] Read more
SILK Issues Tender for 13.5 KW Solar Plant Updated On Tue, Dec 18th, 2018 by Saurenergy The last date for the submission of bids is December 26, 2018 and the time for the completion of project from the date of issuance of award will be 20 days. Steel Industrials Kerala Ltd, a government of Kerala enterprise has issued tender inviting bids for the construction of a 13.5 KW grid connected solar […] Read more
ReNew Power’s Edu-Hub Project in Varanasi Awarded Five Star SVAGRIHA Rating Updated On Thu, Dec 13th, 2018 by Saurenergy Edu-Hub is an initiative undertaken by ReNew Power to support talented rural children and youth, by promoting digital literacy. ReNew Power’s Edu-Hub Project in Varanasi has been awarded the coveted Five Star SVAGRIHA Rating by the Green Rating for Integrated Habitat Assessment (GRIHA) Council. Edu-Hub is an initiative undertaken by ReNew Power to support talented […] Read more
NABARD Inks USD 100 Million Pact with Green Climate Fund for Solar Rooftops Updated On Mon, Dec 10th, 2018 by Saurenergy The USD 250 million project, to be executed by Tata Cleantech Capital Ltd, will receive the GCF support through NABARD, which is the National Implementing Entity (NIE). Pushing for rooftop solar in India, the National Bank for Agriculture and Rural Development (NABARD) has signed an agreement with the Green Climate Fund (GCF) to infuse $100 […] Read more
CCEA Approves Sale of Govt’s 52.63% Stake in REC to PFC Updated On Fri, Dec 7th, 2018 by Saurenergy It may also allow for cheaper fund raising with increase in bargaining power for the combined entity. The Cabinet has provided its ‘In Principle’ approval for the strategic sale of the government’s existing 52.63 percent total paid-up equity shareholding in Rural Electrification Corporation (REC) to Power Finance Corporation (PFC). The government said in a notification […] Read more
Uttar Pradesh to Soon Start Installing Smart Meters Updated On Fri, Nov 30th, 2018 by Saurenergy To be installed later in a phased manner, UPPCL had filed a petition seeking the approval of the regulatory commission for the installation of smart meters. Soon four million residents of Uttar Pradesh will get high tech smart meter, as the Uttar Pradesh Electricity Regulatory Commission has cleared Uttar Pradesh Power Corporation Ltd’s petition regarding […] Read more
Niger PM Brigi Rafini Inaugurates its First Ever Solar Plant Updated On Tue, Nov 27th, 2018 by Saurenergy Developed with the support of Indian government, the 7 MW facility is located near Malbaza, a rural village in central Niger. In a proud moment, Niger’s prime minister Brigi Rafini and the minister of energy Amina Moumouni have inaugurated the nation’s first solar power plant. Developed with the support of Indian government, the 7 MW […] Read more
Freyr Energy Secures Rs 27 Crore in Series A Funding Updated On Tue, Nov 27th, 2018 by Saurenergy Freyr Energy will use the funding to strengthen the technology aspect of their operations while enhancing the sales and marketing networks. Hyderabad-based Freyr Energy, a solar rooftop startup, has raised Rs 27 crore from C4D Partners, a Netherlands-based Impact Investment Fund in Series A. Prior to this, Freyr Energy had secured seed funding from Doen-Participaties, […] Read more
Global Energy Storage Alliance Appoints Dr. Rahul Walawalkar as Chairman Updated On Thu, Nov 22nd, 2018 by Saurenergy The appointment was announced at the GESA board meeting held this month in Pasadena, California, USA. Dr. Rahul Walawalkar, Executive Director of India Energy Storage Alliance (IESA) has been appointed as the Chair of Global Energy Storage Alliance (GESA) for two years. GESA is a consortium of six different energy storage alliances co-founded in 2014 […] Read more