ACME, NHPC, Bihar-Based Startup Get SIPB Clearance for Solar Projects Updated On Mon, Jul 9th, 2018 by Saurenergy ACME Group through its two arms ACME Nalanda Solar Power and ACME Magadh Solar Power to set up 15 MW and 10 MW solar projects respectively in Kakwara village of Banka, Bihar with an aggregate investment of about Rs 188.76 crore. In a move to boost solar power generation in Bihar, the State Investment Promotion […] Read more
ADB Raises €600 Mn via Green Bond to Spur Climate Financing Updated On Mon, Jul 9th, 2018 by Saurenergy Further, the bond has a coupon rate of 0.35 percent p.a. payable annually and a maturity date of July 16, 2025. It was priced at 99.924 percent to yield 43 basis points (BPS) over the DBR 0.5 percent February 2025. Philippines-based Asian Development Bank (ADB) has raised €600 million to help finance climate change mitigation […] Read more
Andhra Solar Park Projects Saw Lowest Bid at Rs 2.7 Per Unit Updated On Mon, Jul 9th, 2018 by Saurenergy Although the real auction took place last week, the reverse auction for 2,000 MW capacity discovered tariff of Rs 2.44 per unit. Under the reverse auction process, the companies backed by the financers from around the globe have seized the tenders to build 750 MW of solar power projects in Kadapa in Andhra Pradesh. The […] Read more
Coimbatore’s 2 Smart City Projects Get Administrative Approval Updated On Mon, Jul 9th, 2018 by Saurenergy Out of the two projects one is multi-level car parking facility at DB Road and the other project is 3.6 MW solar power plant at Ukkadam. Under the smart city mission, the city corporation of Coimbatore is ready to implement two of its ambitious projects as the standing committee has provided its administrative nod for the same. […] Read more
Goa to Include Solar-Powered Boats on Panaji-Aldone Route Updated On Mon, Jul 9th, 2018 by Saurenergy The decision to introduce a solar ferry boat has gained momentum and the government has principally approved for it on a budget of Rs 6 crore for this financial year. In order to include eco-friendly technology of solar-powered ferry launch service in the state, the Goa river navigation department (RND) is paving way to operate […] Read more
Six UP Cities Alone Have Potential to Generate 11.4 GW, Says Report Updated On Sat, Jul 7th, 2018 by Saurenergy Solar rooftop has a game-changing potential to completely revitalize the development landscape with improved power supply, massive capital infusion and a significant rise in job creation In a report released by the Centre for Environment and Energy Development, the six UP cities alone have been identified that can generate 11.4 GW of solar energy using […] Read more
ADB to Provide $45.4 Mn to Spur Off-Grid SPV Pumping for Irrigation in Bangladesh Updated On Sat, Jul 7th, 2018 by Saurenergy ADB grant will help in replacing diesel systems with solar powered irrigation to enhance energy security, reduce local pollution, and mitigate climate change. The project is also expected to result in a reduction of 17,261 tons of carbon dioxide emissions annually. The Asian Development Bank (ADB) will provide USD 20 million loan to Bangladesh […] Read more
Solar, Wind Provide Almost 50% of Electricity Globally by 2050, says Report Updated On Sat, Jul 7th, 2018 by Saurenergy The report further added that, “By 2050, we expect only 29 percent of the electricity production worldwide to result from burning fossil fuels, down from 63 percent today.” The solar and wind technology will account for almost half of the total electricity globally, according to the Bloomberg New Energy Finance (BNEF). Of this, hydro, nuclear […] Read more
Adani Solar Recognized Globally for its Durability and Reliability Updated On Sat, Jul 7th, 2018 by Saurenergy Developers and investors should be aware that not all manufacturers have their modules tested for quality and reliability to vouch for their product lifetime. In a recent report released by DNV GL, the solar manufacturing arm of Adgroup, Mundra Solar PV Limited has emerged as the only Indian company to feature in the fourth annual […] Read more
