Modi, Macron Inaugurate Solar Power Plant in UP Updated On Mon, Mar 12th, 2018 by Saurenergy The solar plant was built at a cost of around Rs 500 crore by French firm ENGIE. Prime Minister Narendra Modi and French President Emmanuel Macron has jointly inaugurated the Uttar Pradesh’s (UP’s) biggest solar power plant, which was built at a cost of around Rs 500 crore by French firm ENGIE. The 75 MW […] Read more
Modi Calls for Concessional, Less-risky Financing for Solar Projs Updated On Mon, Mar 12th, 2018 by Saurenergy We have to increase the share of solar in energy mix, says PM Modi. In a move to raise the share of solar power in the energy basket, provide cheaper electricity and cut carbon emissions, the Prime Minister Narendra Modi has called for the concessional financing and less-risky funds for solar projects. While speaking at the founding conference of the International […] Read more
IREDA & European Investment Bank sign Euro 150 million Loan Agreement for Renewable Energy Financing in India Updated On Sat, Mar 10th, 2018 by Saurenergy More than 1 million Indian households to benefit from the new initiative EIB has extended this line of credit without insisting for sovereign guarantee from Government of India European Investment Bank (EIB) and Indian Renewable Energy Development Agency (IREDA) Ltd. have signed a loan agreement for a second line of credit (LoC) of Euro 150 […] Read more
Topaz Solar Signs Bifacial Manufacturing MOU with Appolon Solar Updated On Sat, Mar 10th, 2018 by Saurenergy Topaz Solar will have 100MW of bifacial capacity along with 400MW of mono-facial modules in the first phase of a planned 1.2GW module facility in the state of Orissa. In a significant development, Indian firm Topaz Solar has signed an MoU with French firm Appolon Solar SAS to set up a bifacial solar module manufacturing […] Read more
23 Heads of State to Attend Solar Summit on March 11 Updated On Fri, Mar 9th, 2018 by Saurenergy It will focus on various aspects of promoting solar energy in 121 countries associated with International Solar Alliance (ISA) like credit mechanism, crowd funding and sharing of technology breakthroughs. In a bid to promote solar energy, India and France will co-host the first International Solar Alliance (ISA) Summit on March 11 at Rashtrapati Bhavan’s Cultural Centre in […] Read more
Why Emmanuel Macron’s Visit to India is Significant to Solar Sector? Updated On Fri, Mar 9th, 2018 by Saurenergy Emmanuel Macron will be among the VVIPs from various countries, participating in the event to be organised at the Rashtrapati Bhavan Convention Centre on Sunday. French President Emmanuel Macron’s visit to India is seen as a significant development for India’s solar sector in various contexts. Macron’s tour to the country is happening at a time when […] Read more
Diu Becomes Country’s First Fully Solar Powered UT Updated On Fri, Mar 9th, 2018 by Saurenergy The Union territory has displayed a model for an effective way for people to harness this renewable energy source. In a move to go green, Diu has become India’s first 100 per cent solar powered and energy surplus Union territory (UT). The Union territory has displayed a model for an effective way for people to harness this renewable energy […] Read more
ANNULMENT OF THE TENDER FOR THE SOCIAL DEVELOPMENT CONSULTANT FOR SECI Updated On Fri, Mar 9th, 2018 by Saurenergy Annulment of the Tenders for the Engagement of Social Development Consultant for SECI This has reference to the NIT documents (NIT No. SECI/C&P/SDS/2017/12 dated 07.07.2017) for “Engagement of Social Development Consultant for SECI. The above mentioned tender are hereby annulled & the Earnest Money deposit (EMD) related to NIT documents (NIT No. SECI/C&P/SDS/2017/12 dated 07.07.2017) for […] Read more
Don’t Grant Loans to Huge Loss Making Discoms, says RK Singh to REC, PFC Updated On Fri, Mar 9th, 2018 by Saurenergy He said that many distribution companies have been making heavy transmission and distribution (T&D) losses and it may be difficult for them to repay the loans. In a review meeting, the Union Minister of State (IC) Power and New & Renewable Energy, R K Singh has directed the two financing arms of the Power Ministry […] Read more