Solar Projects: Yes Bank to Mobilise USD 1 Billion by 2023 for Clean Energy Updated On Thu, Jan 18th, 2018 by Saurenergy Yes Bank made at the the announcement at the International Solar Alliance (ISA) conference organised at World Future Energy Summit 2018 in Abu Dhabi. In a significant development, Yes Bank, India’s fifth largest private sector bank, said it will mobilise USD 1 billion by 2023 for financing solar energy projects in India. The announcement was […] Read more
Cheap Chinese Imports Push Out Local Solar Players Updated On Wed, Jan 17th, 2018 by Saurenergy Aside from a couple of enormous players, for example, Tata Power Solar, solar thermal makers are generally in the little or medium scale section and give around one lakh occupations. The National Solar Mission may have set an objective of 20 million m2 (meter square) solar thermal limit with ‘Make in India’ boards, however the […] Read more
Uttar Pradesh to Invite Bids for 100 MW Solar Power Projects in March Updated On Wed, Jan 10th, 2018 by Saurenergy According to a senior state ministry official the bids are for solar projects on open access basis to be set up in the Bundelkhand region. Boosted by the successful implementation of solar projects in states like Karnataka and Gujarat, the Uttar Pradesh government is planning to invite bids for 100 MW of solar power projects […] Read more
ReNew Power Raises Rs 2,235 Crore From NCD Updated On Wed, Jan 10th, 2018 by Saurenergy The issuance comes in two parts: the first, a credit enhanced NCD worth Rs 760 crore and the second, a multi-issuer cross-collateralised rupee bond involving multiple power distribution companies. ReNew Power Ventures Pvt. Ltd, one of India’s leading clean energy companies, has stated the closure of the issue of non-convertible debentures (NCDs) collectively worth Rs […] Read more
MYSUN Founder and CEO Wins 11th Edition of ENERTIA Award Updated On Wed, Jan 10th, 2018 by Saurenergy MYSUN’s Gagan Vermani was felicitated at the 11th edition of the Prakashmay ENERTIA Awards, 2017, which was held at the SCOPE Convention Centre. MYSUN Founder and CEO, Gagan Vermani has received the prestigious ‘Power and Energy Persona of the Decade – Innovative work in Decentralised & Distributed Solar’ ENERTIA Award. The award, which recognizes excellence in sustainable […] Read more
Solar Micro Grids of 1899 Kwp Installed In India Updated On Fri, Jan 5th, 2018 by Saurenergy Singh informed that MNRE has provided financial support up to 30% of the cost of micro and mini-grids systems for installation in the rural areas of the country. The design capacity of micro grid depends upon the requirement to be catered. As many as 63 solar micro grids of 1899 kilo Watt power (kWp) aggregated […] Read more
GAIL Installs India’s Second Largest Rooftop Solar Plant in Uttar Pradesh Updated On Tue, Jan 2nd, 2018 by Saurenergy The rooftop solar plant in Uttar Pradesh will generate over 79 lakh kilowatt hour (KWh) of electricity. State-run gas transmission utility GAIL India Limited said it has commissioned the country’s second biggest rooftop solar power plant in Uttar Pradesh. The firm has installed 5.76 megawatt peak (MWp) captive solar plant at its petrochemical complex at […] Read more
Andhra Pradesh Seeks Rs 30,000 Crore Investment in Electric Vehicles Industry Updated On Fri, Dec 29th, 2017 by Saurenergy The state expects to put in place an electric vehicles policy by next month, ahead of a proposed framework by the central government. Andhra Pradesh is seeking to attract Rs 30,000 crore of investments in the electric vehicles industry through a raft of incentives that would include capital subsidies to automakers and charging-equipment manufacturers, helping […] Read more
INDIA Marches Ahead Updated On Wed, Dec 13th, 2017 by Saurenergy As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […] Read more
