Cabinet approves Initial Public Offer of Indian Renewable Energy Development Agency Limited Updated On Wed, Jun 7th, 2017 by Saurenergy The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to: (a) issue 13,90,00,000 fresh equity shares of Indian Renewable Energy Development Agency (IREDA) of Rs.10 each to the public on book-building basis through the IPO; (b) issue shares to retail investors and IREDA employees at a […] Read more
KERC accelerating solar projects as demand surges in Karnataka Updated On Wed, Jun 7th, 2017 by Saurenergy The KERC has included cross-subsidy charges on solar power from solar farms. Additionally, it has given a 10-year waiver of key grid charges, for solar power projects commissioned before March 2018. Taking cue from Prime Minster Narendra Modi’s ardent appeal in Paris Climate Conference in 2015 to make India a solar-powered nation, the Karnataka Electricity […] Read more
ICICI Bank commissions over 200 solar powered ATMs Updated On Tue, Jun 6th, 2017 by Saurenergy ICICI Bank on the occasion of World Environment Day said that it has reduced its overall energy consumption in large offices and branches and has commissioned over 200 solar powered ATMs ICICI Bank commissioned over 200 solar powered ATM sites in the last one year as part of its efforts to reduce carbon footprint and […] Read more
Bengaluru Ranked as Top Green City Owing to the Spike in Demand for Solar and Garden Products: Survey Updated On Tue, Jun 6th, 2017 by Saurenergy The survey, led by retail giant Amazon.in, found the demand for solar power products such as solar lights, inverters, power banks and torches, grew nearly 400 per cent year-on-year with over 55 per cent of the demand coming in from the tier-II and tier-III cities. Bengaluru has been ranked as the top green city and […] Read more
Emel Solar announces sale of Wirsol’s 105 MW portfolio of solar projects to Rockfire Capital Updated On Tue, Jun 6th, 2017 by Saurenergy Emel worked with Wirsol to market the 105 MW portfolio of solar project and help identify the right financing partner. The deal was completed in two months, according to Rockfire chief executive Liam Kavanagh Emel Solar Limited has announced the sale of Wirsol’s 105 MW portfolio of solar projects located throughout the UK to a […] Read more
NEXTracker Achieves 1 GW of Solar Tracker Sales in India Updated On Tue, Jun 6th, 2017 by Saurenergy NEXTracker’s projects commissioned or under construction with Sterling & Wilson, Adani Green Energy, SkyPower, CleanMax Solar, Suzlon, and ReNew Power are milestones that demonstrate the rapidly growing adoption of solar trackers in India. NEXTracker has announced that it has sold over 1 gigawatt (GW) of solar trackers to utility-scale power plants in India. This achievement […] Read more
U.S. Energy Secretary Challenges China to be “Real Leader” On Climate Issues Updated On Tue, Jun 6th, 2017 by Saurenergy President Donald Trump’s decision last week to pull the U.S. out of the Paris climate agreement has sparked speculation that he is creating a leadership void that China could fill. U.S. Energy Secretary Rick Perry said Monday that he hopes China will step forward to be a “real leader” on climate issues, while refuting criticism […] Read more
Ujaas Energy to Develop 15 MW Solar Power Project for HAL in Maharashtra Updated On Tue, Jun 6th, 2017 by Saurenergy Ujaas Energy will design, engineer, manufacture, procurement, supply, construction, erection, testing and commission the 15 solar power project in HAL Ojhar Township, Nashik. The Indore based EPC firm, Ujaas Energy has secured a 15 MW ground-mounted solar power project for Hindustan Aeronautics Limited (HAL). The project will be developed on turnkey basis at the at […] Read more
Solar Irrigating: Farmers not only selling excess power but also saving ground water Updated On Mon, Jun 5th, 2017 by Saurenergy Solar Pump Irrigators’ Cooperative Enterprise (SPICE), which began operating in May 2016, not only made a switch from diesel to solar pumps but also adopted net metering – selling excess power to the local electricity utility. Phodabhai Parmar, a 72-year-old farmer, sits on a charpai sipping tea as solar panels gleam in the fields behind […] Read more
