Tamil Nadu becomes 21st State to join UDAY Updated On Tue, Jan 10th, 2017 by Saurenergy State to derive an Overall Net Benefit of approximately Rs. 11,000 crores through UDAY The Government has signed a MoU with Tamil Nadu and the State DISCOM TANGEDCO under the UDAY for operational and financial turnaround of the DISCOM. Union Minister of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal presided […] Read more
Hero Future Energies Raises USD 125 Million from World Bank’s private investment arm to fund RE projects Updated On Thu, Jan 5th, 2017 by Saurenergy HFE signed an agreement with IFC for the investment, the proceeds of which will be used to fund the construction of wind and solar power plants Hero Future Energies (HFE) has raised US$ 125 million in equity infusion from International Finance Corporation (IFC), the World Bank’s private investment arm. HFE signed an agreement with IFC […] Read more
Mercom Capital forecasts solar capacity addition of more than 9GW in India in 2017 Updated On Tue, Jan 3rd, 2017 by Saurenergy Solar installation of over 9 GW in 2017 would put the Indian solar sector in the big leagues along with China, the United States, and Japan Global clean energy communications and consulting firm, Mercom Capital forecasts solar capacity addition in India of over 9 GW during the current calendar year 2017. 2016 saw solar installations […] Read more
Year-End Review – Ministry of Power Updated On Mon, Dec 26th, 2016 by Saurenergy In view of the growing need of the Indian Economy, Government of India has embarked upon a massive programme to provide 24×7 power across the country by 2019. After the completion of half of its term, the Government has achieved many important milestones in the Power sector. Special focus has also been given to North East by giving […] Read more
Germany is providing soft loan to the tune of Euro 1 billion for India’s ‘Green Energy Corridors’: Piyush Goyal Updated On Fri, Dec 16th, 2016 by Saurenergy Union Minister for State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal on Thursday in Lok Sabha said that in order to facilitate integration of large scale renewable generation capacity addition, a comprehensive scheme including Intra-State and Inter-State transmission system has been identified as a part of ‘Green Energy Corridors’. Intra-State Transmission […] Read more
5791.54 MU electricity generated by cumulative solar installations from April to September 2016: Piyush Goyal Updated On Thu, Dec 1st, 2016 by Saurenergy New and Renewable Energy Minister, Piyush Goyal in Lok Sabha on Thursday citing an information received from Central Electricity Authority (CEA) stated that 5791.54 MU electricity is produced by cumulative solar installations in the country from April 2016 to September 2016. Quantum of electricity produced by cumulative solar installations in the country:- Year Energy generation […] Read more
The Investors Theorem: Your Rooftop PV Solar Project Updated On Mon, Nov 21st, 2016 by Saurenergy Over the past two decades, there have been many attempts to reform the electric utility market. The costly and complex operations of transporting energy have made utilities natural monopolies, while regulatory barriers and the high fixed costs of building and maintaining regional electrical grid infrastructure have also kept much competition at verge. Now with vigorous […] Read more
3019 MW of Solar Energy Capacity Added in 2015-16: Piyush Goyal Updated On Fri, Nov 18th, 2016 by Saurenergy Power, Coal, New & Renewable Energy and Mines, Minister Piyush Goyal in Lok Sabha on Thursday said that a total of 3019 MW of solar energy capacity addition was recorded during the year 2015-16. The minister shared that World Bank has recently approved a total amount of US $ 625 million consisting of World Bank […] Read more
Georgia Power dedicates new 30-MW solar facility at Fort Gordon Updated On Thu, Nov 17th, 2016 by Saurenergy Leaders from Georgia Power and the U.S. Army joined elected officials, community leaders and other dignitaries at Fort Gordon near Augusta, Ga. dedicated a new 30 megawatt (MW) on-base solar facility. The 30 MW alternating current, or 42 MW direct current, solar generation facility is the third completed by Georgia Power in collaboration with the […] Read more
