AfDB Group Okays $18.17 Mn for Kopere Solar Project in Kenya Updated On Mon, Dec 3rd, 2018 by Saurenergy Moreover, the bank is also in the process of securing a USD 11.6 million concessional loan from the Climate Investment Fund’s Scaling-up Renewable Energy Program (SREP). The African Development Bank (AfDB) Group has approved a USD 18.17 million senior loan to 40 MWac (50MWp) Kopere Solar Power Project in Kenya. The Kopere project, which falls under Kenya’s Renewable Energy Feed-in-Tariff (FiT) […] Read more
Chennai Corporation’s Buildings to go Solar Under the Smart City Project Updated On Fri, Nov 30th, 2018 by Saurenergy Working under the smart city initiative, government offices, schools, and hospitals under the Corporation will generate a total of 3.06 MW of electricity. Moving towards a sustainable future, Greater Chennai Corporation is going to provide electricity for 662 buildings under its ambit with the use of solar power. Working under the smart city initiative, government […] Read more
European Commission Approves 600 Million Euros in State Aid to French Solar Projects Updated On Thu, Nov 29th, 2018 by Saurenergy The approval has been given under EU State aid rules which prohibits financial support by the government towards a business entity unless it is justified The European Commission has given its approval to a measure of providing stat sponsored financial support of 600 million euros innovative solar power installations in France. The approval has been […] Read more
Delhi Government Invites Comments on Draft Delhi Electric Vehicle Policy 2018 Updated On Thu, Nov 29th, 2018 by Saurenergy The policy aims to reduce Delhi’s pollution by taking care of vehicular emission focusing primarily on incentivising the purchase and use of electric vehicles. Arvind Kejriwal led Delhi Government has invited comments from the public on the draft ‘Delhi Electric Vehicle Policy 2018’ which was released recently. “With vehicular pollution being a consistent source of […] Read more
Solar Industry Facing Some Challenge: Gyanesh Chaudhary Updated On Tue, Nov 20th, 2018 by Saurenergy Ambiguity arising from the GST relates to the fact that it is still not clear whether solar projects will be categorized under the 5% tax bracket or 18% tax bracket. Implementation of Goods and Service Tax and imposition of safeguard duties are proving to be challenging for the solar industry in India, Gyanesh Chaudhary, MD […] Read more
Wind and Solar Cheapest Form of New Energy Capacity Addition Globally: Study Updated On Tue, Nov 20th, 2018 by Saurenergy The new best in class solar and wind plants cost half of what coal plants used to cost, including in China and India In all the major economies around the world, wind and solar have become the cheapest source of new energy capacity addition, a study found. The new best in class solar and wind […] Read more
India’s Solar Capacity Addition to Fall by 55% in FY19 Updated On Wed, Nov 14th, 2018 by Saurenergy However, the rooftop solar market continues to register a robust performance growing at a pace of 70% annually. Renewable energy consultancy firm Bridge to India has painted a grim picture of the solar industry in the country and has claimed that the solar capacity addition in the current FY will be 55% less than it […] Read more
Solar Power Generation Set to Touch 600 GW by 2023: Report Updated On Wed, Nov 14th, 2018 by Saurenergy This growth in the solar capacity, the report mentioned, will put solar energy ahead of all other renewable technologies combined. The total power generation capacity of the world using solar energy is set to touch approximately 600 GW by the end of 2023 from 391 GW in 2017, International Energy Agency (IEA) has said in […] Read more
Net Metering Policy Updated On Mon, Nov 12th, 2018 by Saurenergy A light to shine your Today’s with power and tomorrow’s with brightening bank balances. “Bank your Electricity, Bank your Money Adopt Roof Top Net Metering” Information Guide: FOR INSTALLATION OF ROOF TOP SOLAR PV POWER PLANTS UNDER NET METERING POLICY IN PUNJAB WHAT IS NET METERING ? Net metering is the process through which you […] Read more
