YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector Updated On Wed, Dec 20th, 2017 by Saurenergy The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […] Read more
Solar Power Generating Capacity in South Korea to Increase by Five Times by 2030 Updated On Wed, Dec 20th, 2017 by Saurenergy South Korea plans to add 30.8 gigawatts of solar power generating capacity and 16.5 gigawatts of wind power capacity by 2030. South Korea plans to increase its solar power capacity by five times current amounts by 2030 to boost use of renewable sources in the nation’s energy mix, reuters news agency reported. Since President Moon […] Read more
Three Solar Projects to Be Launched By Vietnam Based TTC, In First Half of 2018 Updated On Wed, Dec 20th, 2017 by Saurenergy With a combined investment of about 3 trillion dong ($132 million), the three projects in central and southern provinces of Vietnam will have a total capacity of around 150 megawatts (MW). Vietnam based TTC Corp expects to start construction work for the country’s first three solar power projects in the first half of 2018, its chairman announced. […] Read more
SECI Invites Expression of Interest to set up 20 GW Solar PV Manufacturing Facility Updated On Wed, Dec 20th, 2017 by Saurenergy Under the EOI, SECI will gather information on the feasibility of such floating projects and prospective developers to help its forming of the call for bids for various capacities. Solar Energy Corporation of India (SECI) has invited an expression of interest (EoI) from prospective manufacturers to set up an integrated solar manufacturing facility in India. […] Read more
ACME Solar Holdings and HG Infra Engineering Gets SEBI Approval to Launch Initial Public Offerings Updated On Tue, Dec 19th, 2017 by Saurenergy The financing of company’s Rajasthan based 200MW solar power project and debt payment and few other corporate purposes are on the list in which the raised funds from the issue to be used. ACME Solar Holdings and HG Infra Engineering are the two companies to whom the SEBI has issued approval to launch initial public […] Read more
Major Policy Initiatives undertaken by Government for increasing share of Renewable Energy in total installed capacity Updated On Tue, Dec 19th, 2017 by Saurenergy Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Rajya Sabha today, informed about the major policy initiatives undertaken after June 2014 for increasing the share of renewable energy in total installed capacity. These are as under: – Announced a cumulative […] Read more
Sacramento Airport Opens New Solar Energy Facility in California Updated On Tue, Dec 19th, 2017 by Saurenergy The solar project utilises more than 23,000 LG solar panels mounted on NEXTracker racking that tracks the sun from east to west over the course of the day, thereby maximising efficiency and energy generation Sacramento International Airport has formally opened a new solar energy facility which is likely to generate more than 30 percent of […] Read more
Ramanathapuram in Tamil Nadu to Set Up a 500MW Solar Power Plant Updated On Tue, Dec 19th, 2017 by Saurenergy A subsidy of Rs 20 Lakh is allotted for every MW of generated capacity set up within the park. Tangedco has received the approval from the centre for setting up a 500 MW solar park in the district of Ramanathapuram. The project is sighted to be the country’s first set up to be built government-owned […] Read more
Tata Power Commissions 100 MW Solar Plant in Karnataka Updated On Mon, Dec 18th, 2017 by Saurenergy TPREL, the Tata Power wholly-owned subsidiary, has built the two 50 MW solar plants on over 533 acres. India’s largest renewable energy company, Tata Power Renewable Energy Ltd. (TPREL) has announced the commissioning of its 100 MW solar plant at Pavagada Solar Park in Karnataka. The project was won by the Company in May 2016 […] Read more
