NDB Clears $300 Mn to Fund South African Energy Sector Updated On Tue, Jul 24th, 2018 by Saurenergy The recipient authority would be the Development Bank of South Africa who would further distribute funds according to the government allocations. New Development Bank (NDB), a multilateral development bank established by BRICS states, has approved the USD 300 million loan to fund energy sector projects in South Africa. The recipient authority would be the Development […] Read more
SEBI Permits ‘ReNew Power’ to Float IPO Updated On Tue, Jul 24th, 2018 by Saurenergy The ReNew Power IPO comprises of new shares worth Rs 2,600 crore. The move also comes with an additional offer for sale of over 94 million equity shares by existing shareholders. In a substantial addition to solar industry, market watchdog SEBI sanctions Goldman Sachs’ ReNew Power to float its Initial Public Offering (IPO). The ReNew […] Read more
Delhi Govt Aims to Generate over 2 GW of Solar Power by 2025 Updated On Tue, Jul 24th, 2018 by Saurenergy Further, the Energy Efficiency and Renewable Energy Management Centre (EE&REM), Delhi’s Department of Power has organised a consultation workshop ‘Rooftop Solar Demand Aggregation Program for Domestic Consumers’, with an aim to achieve this 2 GW of solar power goal and understand the opportunities and challenges in aggregating the consumer demand. In a bid to generate over 2 […] Read more
SPDA Eyes Full Exemption from Safeguard Duty on Solar Equipment Updated On Mon, Jul 23rd, 2018 by Saurenergy Such safeguard duty on solar equipment could also kill thousands of job created from the down-stream activities of solar power generation including the manufacturing sector. The Solar Power Developers Association (SPDA) has sought complete exemption of safeguard duty on solar equipment for ongoing project. It believes that such a move can jeopardise investments worth Rs 1 […] Read more
Indian Manufacturers to benefit from Rs 8000 Cr Solar Energy Scheme Updated On Mon, Jul 23rd, 2018 by Saurenergy If the Solar Energy Scheme gets required approvals and execution, it would mandate the Indian solar cell’s manufacturers to manufacture without the violation of WTO’s trade rules. A 12 Gigawatts Solar Energy Scheme to back the indigenous manufacturing of the solar energy components is underway. The scheme is proposed to be costing Rs 8000 crore. […] Read more
MIDHANI Sets up 4 MW Solar Power Plant Updated On Mon, Jul 23rd, 2018 by Saurenergy The solar power plant is spread over 20 acres of land and is expected to generate 7,000 MW hr/year of electricity with a projected saving of Rs 5 crore per year and reduction of 5,600 tonnes of carbon dioxide (CO2) per year. State-owned Mishra Dhatu Nigam (MIDHANI) has set up a 4 MW solar power plant with […] Read more
SAARC Energy Centre Invites Tender for Hybrid Solar PV Systems for Kabul, Dhaka Offices Updated On Mon, Jul 23rd, 2018 by Saurenergy The scope of the tender for hybrid solar systems includes designing, supply, installation, testing and commissioning, along with after sales service of its 20 kW, 3 phase hybrid solar system. SAARC Energy Centre (SEC), a special purpose vehicle (SPV) formed by SAARC leaders, has invited sealed tenders for 20 kW, 3 phase hybrid solar system […] Read more
Fujitsu Joins RE100; Commits to Go 100% Green by 2050 Updated On Sat, Jul 21st, 2018 by Saurenergy Japanese IT giant joins over 130 major businesses in the global RE100 initiative, which is led by The Climate Group in partnership with CDP. They are all committed to 100 percent renewable power. Aiming to source 100 percent renewable electricity by 2050, Tokyo-headquartered Fujitsu has joined RE100 with an interim target of 40 percent by 2030. RE100 is a collaborative, […] Read more
Myanmar Signs ISA Framework Agreement; Becomes 68th Member Updated On Sat, Jul 21st, 2018 by Saurenergy On the sidelines of the ‘Delhi Dialogue 10’ of the India-ASEAN summit in New Delhi, the Minister of International Cooperation of Myanmar, Kyaw Tin has handed over the ISA Framework Agreement to the External Affairs Minister Sushma Swaraj. Taking a step forward to combat climate change, Myanmar has recently joined the India-led International Solar Alliance […] Read more
