Delhi Power Minister Launches BSES’ Solar City Initiative Phase-2 Updated On Mon, Oct 29th, 2018 by Saurenergy The BSES said in a statement that, this phase, which will cover the Shakur Basti area, follows the success of the first phase started by the company in Dwarka where around 100 housing societies and apartment complexes have signed up for the initiative. The second phase of Delhi power distribution company BSES’ Solar City Initiative […] Read more
ReNew Power Wins 3MW Floating Solar PV Project at Visakhapatnam Updated On Mon, Oct 22nd, 2018 by Saurenergy In total, this project is estimated to generate around 4.2 million units of power annually, offsetting over 3,960 tonnes of carbon emissions every year. India’s one of the leading renewable energy IPP, ReNew Power has won the tender for developing a 3 MW floating solar PV project in Visakhapatnam, Andhra Pradesh. When commissioned, this project […] Read more
“Coal India & Neyveli sign MoU for stepping up Solar Power Generation” Updated On Thu, Oct 18th, 2018 by Saurenergy Coal India Limited (CIL) and NLC India Limited (NLCIL), formerly Neyveli Lignite Corporation Limited, coming together in a significant step, have inked a Memorandum of Understanding (MoU) today in CIL headquarters, Kolkata for formation of Joint Venture (JV) Company for Solar Power Generation of 3,000 MW and Thermal Power Projects of 2,000 MW capacity. Mr. […] Read more
JSW Energy puts solar power plans on backburner over policy Updated On Mon, Oct 15th, 2018 by Saurenergy As uncertainties loom over the solar power sector, mainly on the policy front, the Sajjan Jindal-led JSW Energy has put its ambitious expansions plans in the segment on the backburner. The company in May had announced plans to set up a 1,000-MW solar photovoltaic (PV) panel manufacturing facility at Vijayanagar in Karnataka and to install […] Read more
US Keen to Invest in India’s Infra, Port, Solar Sector Development, says OPIC Updated On Tue, Oct 9th, 2018 by Saurenergy He, however, added that OPIC does not have any numerical target for investments in India, and the development finance institution is looking at the merits of the projects in India. OPIC is eagerly interested to invest in the development of India’s infrastructure, port and solar energy sectors, said David Bohigian, Executive Vice-President, Overseas Private Investment Corporation (OPIC) […] Read more
NLCIL, CIL to Set-up JV for 3GW Solar, 2GW Thermal Power Projects Updated On Tue, Oct 9th, 2018 by Saurenergy Also, the newly formed JV to come up on equal equity participation of 50:50 and has a timeline of 15 months for completion of solar power projects and 60 months for thermal power projects respectively. Embarking its journey towards renewable energy, public sector undertaking NLC India (NLCIL), Neyveli has signed an agreement with Coal India […] Read more
EnSync Energy Sells 20-Yr Solar-Plus-Storage PPA with Kona Brewing Updated On Tue, Oct 9th, 2018 by Saurenergy As per the deal, the agreement will finance a solar-plus-energy storage system at the beer company’s new brewery in Kailua Kona, Hawaii. EnSync Energy Systems has sold a 20-year Power Purchase Agreement (PPA) with Kona Brewing Company to an undisclosed investor. As per the deal, the agreement will finance a solar-plus-energy storage system at the beer company’s new […] Read more
Punjab Solar Energy Policy Updated On Mon, Oct 8th, 2018 by Saurenergy 1. OBJECTIVES Objective of the state solar policy include:- 1.1 Punjab has considerable potential in NRSE sector which is being harnessed. With a view to maximize the utilization of these resources; this policy aims to achieve the following objectives: To maximise and improve the share of new and renewable sources of energy to 10% of […] Read more
Financers, Bankers and Economists Discuss Measures to Improve Financing for Renewable Energy Projects; Laud India’s Achievements in Renewable Energy Updated On Thu, Oct 4th, 2018 by Saurenergy Leading bankers and renewable energy financing experts from multi-lateral agencies discussed solutions to issues pertaining to financing of renewable energy projects, and how access to financing can be improved to expand clean energy projects across the world, at a Plenary Session titled ‘Bankers’ Perspective on Renewables’, of the 2nd Global RE-Invest India-ISA Partnership Renewable Energy […] Read more