Azure Power inaugurates 28 MW solar power plant in Punjab, lays foundation for another 150 MW Updated On Mon, Jun 6th, 2016 by Saurenergy Azure Power inaugurated a 28 MW solar power plant in Killianwali village of Muktsar district, Punjab. Simultaneously, the firm laid foundation for another 150 MW solar power project in the same village. The newly operational solar plant was commissioned in less than ten months from the signing of the Power Purchase Agreement (PPA). With a […] Read more
India to double its investment in next 5 years on clean energy research Updated On Fri, Jun 3rd, 2016 by Saurenergy Union Minister for Science & Technology and Earth Sciences, Dr. Harsh Vardhan at the 7th Clean Energy Ministerial (CEM7) and the Inaugural Mission Innovation Meet at San Francisco, stated that the Mission Innovation (MI) is the noblest mission which will help humanity in the future. It is an effort to accelerate public and private global […] Read more
Global solar PV market is expected to reach USD 3.38 billion by 2024: Grand View Research Updated On Wed, Jun 1st, 2016 by Saurenergy Grand View Research anticipates the global solar PV glass market to reach $3.38 billion by 2024. According to the research firm increasing solar PV installations will remain a key driving factor for global solar PV glass market over the forecast period. The favorable regulatory norms across the globe are expected to promote the usage of solar PV panels […] Read more
Canadian Solar closes a USD 52 million project financing facility with BayernLB Updated On Tue, May 24th, 2016 by Saurenergy Canadian Solar announces that it has closed a £36.4 million (US$52 million) project financing facility with BayernLB to refinance a portfolio of four solar power plants, totaling 40.2 megawatts in the UK. This financing facility with BayernLB is non-recourse project finance, with a term of 17 years. “We are delighted to complete this project financing […] Read more
World Bank approves $750 Million loan to Support India’s Grid Connected Rooftop Solar Program Updated On Tue, May 17th, 2016 by Saurenergy The World Bank Board has approved a $625 million loan to support the Government of India’s grid connected rooftop solar programme to generate clean energy. World Bank has also approved a co-financing loan of $120 million on concessional terms and a $5 million grant from Climate Investment Fund’s (CIF) Clean Technology Fund. The project will […] Read more
TNB picks up 30% equity stake in GMR Energy’s select portfolio of assets Updated On Tue, May 10th, 2016 by Saurenergy Malaysian power utility,Tenaga Nasional Berhad (“TNB”) has announced its entry into Indian power sector after signing a Subscription Agreement (“SA”) and Shareholders Agreement (“SHA”) with GMR Energy Limited (“GEL”). The Management Committee of GMR Infrastructure Limited (GIL) approved the proposed primary capital investment by Tenaga Nasional Berhad (Tenaga) in GMR Energy Limited (GEL). The investment […] Read more
SELF AUTONOMY – THE HOLY GRAIL OF SOLAR STREETLIGHTS Updated On Thu, May 5th, 2016 by Saurenergy INTRODUCTION: Solar street lighting is a wireless solution with the potential to be the global technology of choice for all the outdoor lighting requirements. One of the key requirements in these streetlights is the need for autonomy or light functionality on cloudy days. The most prevalent solution which also comes with inherent limitations is based […] Read more
Energy Efficiency Services limited gearing up to set up its 21st overseas office in New York Updated On Fri, Apr 22nd, 2016 by Saurenergy Capitalizing on the tag line, ‘I led the way’, the government owned company, Energy Efficiency Services limited (EESL) is gearing up to set up its 21st overseas office in New York in the near future. Union Minister of State for Power, Coal and New and Renewable Energy, Piyush Goyal speaking at the Renewable Energy Investors Roundtable […] Read more
Affordability, Access & Inclusiveness Driving India’s Energy Policies”: Piyush Goyal Updated On Thu, Apr 21st, 2016 by Saurenergy India is all set to become the largest energy market representing the aspirations of a billion plus people in the coming years. The growth story of the country is more significant in view of the global scenario when most developed economies are witnessing a declining trend in their energy demand. Power, Coal and New and […] Read more
