World Bank signs agreement with Jharkhand and Central government for a $310 million loan Updated On Tue, Nov 20th, 2018 by Saurenergy The Jharkhand Power System Improvement Project will help build new power transmission infrastructure To provide affordable, reliable and 24×7 electricity to the citizens of Jharkhand, the state and the central government have signed an agreement with the World Bank for a loan of $310 million. The Jharkhand Power System Improvement Project will help build new […] Read more
GoI, ADB Lend $300 Mn via IIFCL to Fund Projects Including Renewables Updated On Sat, Nov 17th, 2018 by Saurenergy ADB funding is expected to fund at least 13 sub-projects through IIFCL, involving roads and renewable power generation, under the last tranche, says Kenichi Yokoyama. The Government of India (GoI) and Asian Development Bank (ADB) signed a USD 300 million loan agreement to support lending by India Infrastructure Finance Company (IIFCL). The Ministry of Finance […] Read more
India Ready to Share Renewable Energy Expertise: R K Singh Updated On Fri, Nov 16th, 2018 by Saurenergy The minister was talking to delegates of various countries during the seminar of ‘Know India Programme’. Taking a leadership role in the renewable energy domain, Union Power and New & Renewable Energy Minister R K Singh said that India is ready to share its expertise in renewable energy sector with small island nations. The minister […] Read more
Suzlon Energy Posts Net Loss at Rs 625.76 Cr in Sept Quarter Updated On Thu, Nov 15th, 2018 by Saurenergy However, it’s consolidated total income from operations grew to Rs 1,221.89 crore during Q2 2018-19, as compared to Rs 1,179.07 crore during the same period last year. Leading wind turbine maker Suzlon Energy reported its consolidated net loss after tax at Rs 625.76 crore in the July-September quarter of FY19. “The consolidated net profit after […] Read more
Adapt or Die – Can Renewables Save the Planet, or Is It Too Late? Updated On Thu, Nov 15th, 2018 by Saurenergy Since the recently held Global Climate Action Summit where global leaders debated the practicalities of taking the climate change battle to the next level, media sources the world over have all been reporting the same thing: if global warming is not kept in check, there will be dangerous environmental and socio economical consequences. The BBC headlined with […] Read more
Sungrow Partners with Bouygues to Support 201 MW PV Plant in Vietnam Updated On Thu, Nov 15th, 2018 by Saurenergy The solar project is the largest solar plant in Vietnam, and is currently being developed by a joint venture, BIM Group and AC Energy. One of the leading inverter solution suppliers for renewables Sungrow to partner with Bouygues, a French multinational industrial group, to supply 1500V turnkey container solution, associated SCADA and PPC for a 201 MW […] Read more
Finance to Close Global Energy Access Gaps Dramatically Off-Track to Meet 2030 Targets: SEforALL Updated On Wed, Nov 14th, 2018 by Saurenergy Data shows finance for coal tripled in past year, but innovative off-grid solutions and finance models offer opportunities to meet Global Goals. Finance required to close electricity and clean cooking access gaps remains dramatically short of what is needed to meet global energy goals by 2030, leaving the world’s most vulnerable people behind, according to […] Read more
PROINSO Offers Free Access of Plant Monitoring Software to Indian Clients Updated On Wed, Nov 14th, 2018 by Saurenergy This offer is exclusive to PROINSO’s customers in India and can help save up to USD 500 per project. UK-headquartered PROINSO has partnered with Inspire Clean Energy (ICE) to offer its project clients one year of free access to the market-leading solar PV plant monitoring software. This offer is exclusive to PROINSO’s customers in India […] Read more
ENGIE Acquires 90% Stake in Simpa Energy India Updated On Wed, Nov 14th, 2018 by Saurenergy ENGIE has acquired 90 percent stake in Simpa Energy India French clean energy giant ENGIE has acquired a controlling stake in Simpa Energy India Pvt Ltd the company announced. The move is set to expand ENGIE’s geographical footprint and accelerate the company’s growth. ENGIE has acquired 90 percent stake in Simpa Energy India from its […] Read more
