Delhi Deputy CM Reviews First Green Budget Meeting Updated On Thu, Jul 19th, 2018 by Saurenergy The statement on Delhi’s Green Budget meeting further added that, “We are in the process of installing solar panels in roofs of 500 schools of Delhi government, and this project will be completed in nine months.” Delhi’s Deputy Chief Minister Manish Sisodia chaired the first Green Budget review meeting of the state and said that the […] Read more
Azure Power’s Portfolio Surpasses 3 Gigawatts Updated On Tue, Jul 17th, 2018 by Saurenergy Azure Power wins 300 MWs with AA+ domestic debt rated government entity (SECI) at a tariff 8% above the lowest bid in the auction 87% of the 2.2 GW contracted pipeline are with counterparties that have A to AAA domestic debt ratings Over 1 GWs of the contracted pipeline are with sovereign counterparties Azure […] Read more
Army to Tap Renewables to Supply Power to Jawans Deployed at High Altitudes Updated On Wed, Jul 11th, 2018 by Saurenergy The idea is to shift from a conventional source of energy, which is expensive and unreliable due to its transportation and maintenance, to renewable energy. To enhance the living conditions of its personnel, the Indian army is looking for a durable supply of power in high altitudes where they are deployed. The idea is to […] Read more
Six UP Cities Alone Have Potential to Generate 11.4 GW, Says Report Updated On Sat, Jul 7th, 2018 by Saurenergy Solar rooftop has a game-changing potential to completely revitalize the development landscape with improved power supply, massive capital infusion and a significant rise in job creation In a report released by the Centre for Environment and Energy Development, the six UP cities alone have been identified that can generate 11.4 GW of solar energy using […] Read more
ADB to Provide $45.4 Mn to Spur Off-Grid SPV Pumping for Irrigation in Bangladesh Updated On Sat, Jul 7th, 2018 by Saurenergy ADB grant will help in replacing diesel systems with solar powered irrigation to enhance energy security, reduce local pollution, and mitigate climate change. The project is also expected to result in a reduction of 17,261 tons of carbon dioxide emissions annually. The Asian Development Bank (ADB) will provide USD 20 million loan to Bangladesh […] Read more
Znshine Becomes 1st Chinese PV Modules Supplier to Win Contract from BHEL Updated On Thu, Jul 5th, 2018 by Saurenergy Moreover, this contract win also represents a critical step for the Chinese modules supplier as it moves towards expanding its footprints in the Indian market. Chinese photovoltaic (PV) solutions supplier ZNShine Solar has won the bid to provide 37.5 MW of PV modules to Bharat Heavy Electricals Ltd (BHEL), India’s largest power generation equipment maker. Further, the deal […] Read more
Innergex Renewable Completes JV Partnership with Chile-based Energía Llaima Updated On Wed, Jul 4th, 2018 by Saurenergy The Canadian firm has invested an initial amount of USD 10 million via available funds under its corporate revolving credit facilities. Canada headquartered Innergex Renewable Energy has completed its Joint Venture (JV) partnership with Chile-based Energia Llaima for a 50 percent stake in the company. The Canadian firm has invested an initial amount of USD 10 million via available funds under […] Read more
India Plans to Auction 40 GW Renewables Per Year for Next 10 Years Updated On Mon, Jul 2nd, 2018 by Saurenergy “We have to do 350 GW in solar (to meet demand by 2030), of which 100 GW is planned till 2022. So we have to bid out at least 30 GW each year from 2020 onwards to achieve additional 250 GW.” To boost the local manufacturing and help developers of the country, India has decided […] Read more
Viz-A-Viz with Praveer Sinha CEO and MD, Tata Power Company Ltd Updated On Mon, Jul 2nd, 2018 by Saurenergy Q. As in recent quarters Tata Power’s renewable portfolio proved to be a boon for the financial health of the company. How do you see the future of the company’s renewable segment in the country in coming years? As Tata Power aims to achieve up to 40% of its generation capacity from non-fossil fuel by […] Read more