REDAVIA Secures $2 M Debt Financing for Expansion in Ghana Updated On Tue, Jan 8th, 2019 by Saurenergy “ElectriFI’s funding will be a stepping stone towards the international expansion of our successful delivery model in Ghana,” Erwin added. In order to further expand the leasing of solar assets in Ghana, REDAVIA Global Asset SCA secured a USD 2 million debt financing from ElectriFI to be invested in Ghana in conjunction with the recently signed USD 4 million innovative debt financing deal from responsAbility […] Read more
Renewable Sources Contribute Over 40% to Germany’s Public Net Electricity Generation in 2018 Updated On Tue, Jan 8th, 2019 by Saurenergy Based on the production figures, solar energy showed the largest growth at 16 percent, ahead of wind energy with 5.4 percent growth. Researchers at the Fraunhofer Institute for Solar Energy Systems ISE have just released their annual assessment on the net electricity generation for Germany’s public power supply in 2018. Based on the production figures, […] Read more
Vibrant Gujarat to See RE Deals Worth Rs 50,000 Cr Updated On Mon, Jan 7th, 2019 by Saurenergy Gujarat Power Corp Ltd, owned by the Gujarat government, will be laying the foundation stone for one of the biggest solar power park. The 9th edition of the Vibrant Gujarat Global Summit 2019 (VGGS) which is happening from January 18th to 20th, 2019, is expected to witness investment commitment of a massive Rs 50,000 crore […] Read more
Rajasthan Amends Net Metering Regulations Updated On Thu, Jan 3rd, 2019 by Saurenergy The regulations will be enforced after its notification in the official gazette and specifically deliberates upon “Energy Accounting and Settlement”. Bringing clarity to the renewable energy framework for grid interactive small solar power plants and solar rooftop installations, The Rajasthan Electricity Regulatory Commission has amended the state’s net metering regulations. The regulations will be enforced […] Read more
BEST to extend 677 MW PPA with Tata Power Updated On Wed, Jan 2nd, 2019 by Saurenergy This will ensure cheaper power to Mumbai consumers with the added advantage of hydro peaking power at rates which are cheapest in the country. Maharashtra Electricity Regulatory Commission (MERC) has allowed Brihanmumbai Electric Supply and Transport Undertaking (BEST) to extend its existing Power Purchase Agreement (PPA) with The Tata Power for 677 MW supplied from […] Read more
EESL Inks Pact for Rs 500 Cr First Long-Term Rupee Loan Updated On Wed, Jan 2nd, 2019 by Saurenergy The Punjab National Bank (PNB)-issued funds will be utilized by the company towards funding its capital expenditure for its flagship programmes including Street Lighting National Programme, Smart Meter National Programme, Solar Substation, and E-Mobility project. Energy Efficiency Services Ltd (EESL), a joint venture of PSUs under the Union Ministry of Power, has raised its first […] Read more
SPDA Demands Uniform GST Rate of 5% Updated On Mon, Dec 31st, 2018 by Saurenergy The total incidence of tax on the SPGS would increase to 8.9 per cent with implementation of the GST Council recommendations. The recently issued sigh of relief from the GST council which recommended 5% GST for almost 70% of solar products has come under ire just a week after GST council issuing its recommendations. The […] Read more
Bids for 8 GW Wind Power Finalised: RK Singh Updated On Fri, Dec 28th, 2018 by Saurenergy As on date, the bids for setting up of wind power projects of aggregate 8389.90 MW capacity have been finalized through SECI and NTPC. Taking giant leaps in the renewable energy secto0072, bids for setting up of wind power projects of aggregate 8389.90 MW capacity have been finalised through Solar Energy Corporation of India (SECI) […] Read more
Bids for setting up of Wind Power Projects of over 8000 MW Capacity Finalised Updated On Thu, Dec 27th, 2018 by Saurenergy The wind power projects in the country are installed on the basis of commercial viability through tariff based competitive bidding process. As on date, the bids for setting up of wind power projects of aggregate 8389.90 MW capacity have been finalised through Solar Energy Corporation of India Ltd. (SECI) and National Thermal Power Corporation Ltd. […] Read more
