Bank of Baroda-KfW to Extend Funding of $113 Mn For Solar Projects in India Updated On Mon, Feb 25th, 2019 by Saurenergy The tie-up will be funding solar power projects as a part of the Solar Partnership II – Promotion of Solar PV in India scheme, under the Indo-German Solar Energy Partnership. Bank of Baroda has announced a partnership with Germany’s KfW Development Bank to extend funding of USD 113 million to refinance solar power projects in […] Read more
Modi Cabinet Approves 25.7 GW Solar Scheme to Benefit Farmers Updated On Thu, Feb 21st, 2019 by Saurenergy In another move that is deadlined 2022, or in time to help the country meet its 100 GW target for solar, the government approved a major scheme to get farmers involved. The KUSUM (Kisan Urja Suraksha evam Utthaan Mahabhiyan) scheme has been in the works for some time and seeks to provide both financial security […] Read more
Maharashtra Invites Bids For Setting Up 4 Solar Parks Updated On Tue, Feb 19th, 2019 by Saurenergy Maharashtra is seeking solar power developers to set up four solar parks of cumulative capacity of 450 MW. The Maharashtra State Power Generation Company Ltd. (MSPGCL) has issued a tender inviting bid for the selection of Solar Project Developers (SPD) for development of four Solar Parks in the state. The following locations have been proposed for […] Read more
Exporting Solar. EXIM Bank to Provide $1.4 Bn For Projects in 15 nations Updated On Tue, Feb 12th, 2019 by Saurenergy The bank has already provided LOCs worth $226 million to finance 16 solar projects in various developing countries. The Export-Import Bank of India (EXIM) will finance 27 solar power projects worth $1.4 billion spread across 15 countries, according to the Managing Director of the Bank, David Rasquinha. “As an agent of Government of India, we […] Read more
Tender for 53 Solar Pumping Systems Issued in Maharashtra Updated On Tue, Feb 5th, 2019 by Saurenergy The bid submission deadline for all the tenders is February 11, 2019, and the technical bids will be opened on February 13, 2019. The Rural Water Supply Department under the Palghar Zilla Parishad has invited online percentage rate tenders from engineers registered in the appropriate class/category with Maharashtra Jeevan Pradhikaran (MJP) & Zilla Parishad (ZP) […] Read more
MNRE Seeks Suggestions on BIS Standards for Solar Pump Systems Updated On Tue, Feb 5th, 2019 by Saurenergy Stakeholders have been provided until February 11, 2019, to send in their comments and suggestions separately for the 3 documents. The Ministry of New and Renewable Energy (MNRE) has been requested by the Bureau of Indian Standards (BIS) for convening a meeting for formulating/amending standards for Solar Photovoltaic Water Pumping Systems. While an assigned sub-committee […] Read more
GERC Approves Sale of Solar Power by Salt Pan Workers Updated On Mon, Feb 4th, 2019 by Saurenergy Grassroot Trading Network for Women, a SEWA entity, also received a go-ahead from the government to set up a solar power project of the same capacity. The Gujarat Electricity Regulatory Commission (GERC) has approved the sale of solar power to the Gujarat Urja Vikas Nigam Ltd. (GUVNL) by the salt pan workers of Self Employed […] Read more
The Indian Solar Standalone Product Market Projected to Reach Rs 26,178 Mn by 2023 Updated On Thu, Jan 31st, 2019 by Saurenergy The unveiling of a report, titled- ‘Peering into the future – India and the solar standalone products market’ by GOGLA, at the IDEF event, steer the discussions to the future of the distributed solar market in India, business opportunities, impact and innovations. GOGLA, together with International Finance Corporation, and Ashden India Collective, opened the conference […] Read more
Farmers Granted Option to Pick Solar-Powered Tube-Wells Updated On Tue, Jan 29th, 2019 by Saurenergy 75 percent cost of the solar connection will be borne by the state government in the form of subsidy. The Dakshin Haryana Bijli Vitran Nigam (DHBVN) has rolled out the facility of solar-powered tube wells for farmers across the state. At a price point which will be nearly 40 percent less than the conventional systems […] Read more