India to invest $1.8 Billion on Lines to Transmit Solar Power Updated On Thu, Dec 22nd, 2016 by Saurenergy India will invest Rs 127 billion on lines to transmit power from solar parks to enable Prime Minister Narendra Modi’s goal of boosting clean energy capacity to 175 gigawatts by 2022. The dedicated transmission lines, part of the so-called green corridor project was announced at an event ‘Empowering the Grid to meet Future Challenges’ organized […] Read more
Adani, Azure wins 100 MW Grid-Connected Solar tender at Ananthapuramu Solar Park Under DCR Updated On Thu, Dec 22nd, 2016 by Saurenergy Adani and Azure Power has bagged 50MW solar capacity tender each in the state of Andhra Pradesh reports consultancy firm Mercom Capital Group. Solar Energy Corporation of India (SECI) auctioned 100 MW of grid-connected solar under the domestic content requirement (DCR) category at Ananthapuramu solar park in Andhra Pradesh. Under the DCR it is mandatory […] Read more
NDB signs first loan agreement for financing Shanghai Lingang distributed solar power project Updated On Thu, Dec 22nd, 2016 by Saurenergy The People’s Republic of China and the New Development Bank signed a Loan Agreement approving the provision of RMB (CNY) 525 million (INR 512 million/ USD 75 million) sovereign project loan for the Bank’s first project in China – Shanghai Lingang Distributed Solar Power Project. The Loan Agreement was signed by Mr. Shi Yaobin, Vice […] Read more
RINL Commissions 5MW Grid-Connected Solar at Vishakhapatnam Steel Plant premises in Vizag Updated On Thu, Dec 22nd, 2016 by Saurenergy The corporate entity of Visakhapatnam Steel Plant, Rashtriya Ispat Nigam (RINL) has commissioned 5 MW of grid-connected solar at the Vishakhapatnam Steel Plant premises in Vizag reports Marcom Capital. The research firm notes that the projects were developed on a Build Own Operate (BOO) basis at a cost of about Rs.330 million ($4.86 million). A […] Read more
LG CNS bags contract for 55MW Yamaguchi Shin Mine Solar Power Project in Japan Updated On Wed, Dec 21st, 2016 by Saurenergy LG CNS has announced that it will construct a 55 Megawatt solar power plant in Shin Mine of Yamaguchi prefecture, Japan. The project amounts to approx. KRW 170 billion in size with the cost of construction and operation combined, and it will last about 18 months with the goal of commencing commercial operation in May […] Read more
Zero Carbon Corporation and NYCEEC Work Together to Develop Innovative Solar Loan Model for Co-ops and Condos Updated On Wed, Dec 21st, 2016 by Saurenergy Zero Carbon Corporation and the New York City Energy Efficiency Corporation (NYCEEC) are pleased to announce their successful effort to structure and deploy a new solar loan product for housing co-ops and condominiums. This new financing model allows co-ops and condos to install rooftop solar PV systems with no cash out of pocket, expanding opportunities […] Read more
Sewa International installs 5kw solar plant at tribal girls school in Kandhmaal, Odisha Updated On Wed, Dec 21st, 2016 by Saurenergy Sewa International under its Clean Tech Initiative has installed a 5kW solar power plant at tribal girls school, Jaleshpata Kanya Ashram in Kandhamaal district of Odisha. Kandhamal district came into existence on 1st January 1994, after Phulbani District was divided into Kandhamal and Boudh Districts of Odisha. The solar project installed with an aim to […] Read more
Solar Powered Boat Service to Commence from January 12 in Kerala Updated On Wed, Dec 21st, 2016 by Saurenergy Kerala will script a new chapter in its transport sector when a solar powered boat will start its first service from Vaikom in Kottayam district, about 180 Kms from here, on January 12. State Transport Minister A K Saseendran said, ‘‘The solar powered boat would conduct its first service with 75 passengers on January 12 […] Read more
Aruna Sharma inaugurates 5MW solar plant in Visakhapatnam Updated On Wed, Dec 21st, 2016 by Saurenergy Dr. Aruna Sharma, Secretary Steel has inaugurated the 5 MW Solar Plant installed by RINL at a cost of Rs.33 crores in the presence of Shri P Madhusudan, CMD, RINL, Smt Urvilla Khati, Joint Secretary, Ministry of Steel and Directors of RINL in Vishakhapatnam. RINL has joined other major corporates in harnessing solar power with […] Read more
