MTCIL Signs 15 Year Agreement For IRU Fiber Lease in Maharashtra Updated On Wed, Feb 27th, 2019 by Saurenergy The first route spans 50 Kms from Kalwa to Padgha. The deal will result in near 100% network uptime from Kalwa (Mumbai) to Padgha link. Sterlite Power’s Convergence business which manages the fiber network of Maharashtra Transmission Communication Infrastructure Link (MTCIL), a joint venture between Sterlite Technologies Ltd and MSETCL (Maharashtra State Energy Transmission Company Ltd) […] Read more
EBRD Deepens Green Finance in Armenia with €2.5 Mn Loan Updated On Tue, Feb 26th, 2019 by Saurenergy Possible investments include technologies such as thermal insulation, photovoltaic solar panels, geothermal heat pumps and water efficient irrigation systems. The European Bank for Reconstruction and Development (EBRD) is intensifying efforts to strengthen energy efficiency in Armenia with the launch of a new Green Economy Financing Facility for the country, co-financed by the Green Climate Fund (GCF). Small and medium-sized enterprises (SMEs) […] Read more
Govt Earmarks Rs 88500 Cr to Spur EV Infrastructure and Curb Pollution Updated On Tue, Feb 26th, 2019 by Saurenergy The Indian government has proposed incentives of about Rs 88500 crore in order to help power plants install equipment that will curb emissions and to develop infrastructure for electric vehicles. Out of the allocated budget, a majority of the chunk (nearly 95%) would be used for curbing sulphur emissions from power plants, and the rest […] Read more
Waaree Energies Targets Rs 400 Cr Revenue From Rooftop Segment Updated On Tue, Feb 26th, 2019 by Saurenergy Targets to commission 100 MW rooftop projects in the coming financial year. Waaree Energies, one of India’s largest solar PV manufacturer, looks towards the rooftop solar and aims at adding close to Rs 400 crore for the financial year ending 2020, exclusively through the segment. Rooftop solar will be one of the key focus segments […] Read more
ACWA Power Joins Hand with Huawei to Develop Global PV Market Updated On Mon, Feb 25th, 2019 by Saurenergy As per the agreement, the two sides will work together to develop global PV market and apply the cutting-edge technologies such as artificial intelligence, big data, and cloud computing to PV plant projects to promote industry progress with technological innovation. Saudi Arabia’s leading developer and operator of power and desalination water plant, ACWA Power has […] Read more
Madhya Pradesh Regulator is Right, Don’t Consider Any Change in PPAs Updated On Sat, Feb 23rd, 2019 by Saurenergy The news that the Madhya Pradesh Electricity Regulatory Commission (MPERC) has refused the plea from the state electricity distribution companies’ (discoms) to revise the rates at which they procure wind power is to be welcomed. The MP Power management company — the holding entity of the state’s discoms, had made a plea to review the […] Read more
NISE Issues Tender For Fire Test Apparatus For SPV Modules Updated On Thu, Feb 21st, 2019 by Saurenergy The last date of bid submission is March 8, 2019. The National Institute of Solar Energy (NISE), an autonomous institute under the Ministry of New and Renewable Energy (MNRE) has issued a tender for “Fire tests, spread of flame and burning–brand tests apparatus set up” for Solar PV Modules at its campus in Gurgaon. The […] Read more
The URGE for “Li” Vault Updated On Wed, Feb 20th, 2019 by Saurenergy Nowadays, power storage has become vital on the back of its rapid response even at the time of peak demand, as most of the power storage technologies began transmitting power back to the grid within milliseconds. Moreover, storage technologies not only help in bolstering the use of electric vehicles but also help in reducing carbon […] Read more
Seimens Gamesa & Senvion Interested in Building $1 BN Wind Farm in Egypt Updated On Wed, Feb 20th, 2019 by Saurenergy The NREA is looking to procure close to 700 wind turbines for 8 wind power projects being developed in the country. In order to achieve 20% of the renewable power in its overall energy by 2022, Egypt is keen on allowing Arab and foreign investors to inject their capitals in the power market. These projects […] Read more