First Project of BRICS Development Bank Starts Operation Updated On Mon, Sep 4th, 2017 by Saurenergy The The New Development Bank approved its loans worth USD 811 million in April 2016. Four of the bank’s loan projects are in China. The first project funded by The New Development Bank, set up by India and other members of the BRICS grouping of emerging economies, has started operation in Shanghai. The USD 76 […] Read more
Bosch Offers Solution That is Equivalent to Powering 5000 Urban Households Updated On Wed, Aug 23rd, 2017 by Saurenergy The Bosch team has leveraged its strong design and engineering expertise in innovating solutions for the solar PV plant, along with New Mangalore Port Trust and the SECI to realize this solar project. Bosch Limited, a leading supplier of technology and services, has commissioned a 4 MW solar project for the New Mangalore Port Trust […] Read more
Amtech Announces Proposed Public Offering of Common Stock Updated On Sat, Aug 19th, 2017 by Saurenergy Amtech Systems also announced the pricing of an underwritten public offering of 1,055,000 shares of its common stock at a price of $9.50 per share Amtech Systems, a global supplier of production equipment and related supplies for the solar, semiconductor, and LED markets has announched that it intends to offer shares of its common stock […] Read more
Saudi Arabia Moving Towards a Sustainable Future Updated On Fri, Aug 18th, 2017 by Saurenergy The discourse on renewable sources of energy and other issues of the environment in Saudi Arabia is moving increasingly to the fore. The world’s biggest powers have debated the issue of climate change at length. They came together in 2015 to find possible solutions to curtail its impact. 195 countries made history in 2015 when […] Read more
Falling panel prices and increased competition have contributed to aggressive bids: Ind-Ra Updated On Thu, Aug 17th, 2017 by Saurenergy “An increase in panel conversion efficiency has contributed to a reduction in land required for panels and a fall in the balance of system cost, resulting in lower bids,” Ind-Ra said. With solar developers bidding aggressively at lower tariffs, they have little financial buffers to face challenges such as cost overrun, increased interest rate and […] Read more
Delhi Metro on Track to Become 100 Percent Green Updated On Sat, Jul 29th, 2017 by Saurenergy The Delhi Metro Rail Corporation received the green certificates for its Phase-3 stations, depots, and sub-stations said a statement, and have now become only completely ‘green’ Metro system in the world for adhering to green building norms for its residential colonies. Delhi Metro has become the only completely ‘green’ Metro system in the world for […] Read more
Azure Power Assigned Highest Accreditation Rating by ICRA Updated On Fri, Jul 28th, 2017 by Saurenergy While assigning the rating ICRA considered Azure Power’s strong track record of project execution, its well qualified and experienced management, technical competence, quality of suppliers and ties-up, and strong financial profile. Azure Power, a leading independent solar power producer in India, has been assigned SP 1A rating by ICRA, one of India’s leading rating agencies. […] Read more
PPAs signed for first Wind Auction totalling 1050 MW Updated On Fri, Jul 21st, 2017 by Saurenergy Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Shri Piyush Goyal presided over the signing of Power Purchase Agreements (PPAs) for purchase of 1050 MW of wind power under Ministry of New and Renewable Energy (MNRE)’s first Wind Auction Scheme here today. The PPAs were signed between PTC India […] Read more
Centre to Notify Guidelines for Renewable Power Procurement Updated On Fri, Jul 21st, 2017 by Saurenergy Until the guidelines are drafted, the till then projects will be set up under existing provisions of the Electricity Act, 2003 under section 62 wherein the State Regulatory Commission is to be approached for fixation of tariff. The Union Ministry of New and Renewable Energy has clarified that a guideline for procurement of renewable power […] Read more
