NTPC Planning to add 10 GW Solar Capacity by 2022 Updated On Thu, Dec 26th, 2019 by Saurenergy NTPC is planning to add 10 GW of solar energy capacity by 2022, which entails an investment of around Rs 50,000 crore, to be funded mainly by green bonds. State-owned power giant NTPC has revealed that it is planning to add 10 GW of solar energy generation capacity by 2022, which entails an investment of around Rs 50,000 crore, to […] Read more
Solar Projects, City gas and Infrastructure Bright Funding Spots: SBI Updated On Mon, Dec 23rd, 2019 by Saurenergy SBI Chairman has said that there is adequate availability of funds and opportunities are mainly in solar power, city gas, and infrastructure projects. State Bank of India (SBI) Chairman Rajnish Kumar has stressed that there is adequate availability of funds with the banking system but he does not find enough projects where investment is being sought. He said […] Read more
EIB Grants €66 mn to Finance Construction of 9 Solar Projects Worth 436 MW Updated On Fri, Dec 13th, 2019 by Saurenergy EIB has signed two major agreements to provide EUR 66 million to Natixis to support the implementation of two solar energy projects in Spain. The European Investment Bank (EIB) has made another investment decision at the ongoing Climate Change Conference (COP 25) in Madrid. The bank has signed two major agreements for promoting renewable energy […] Read more
Over 31 GW of Solar Projects now Commissioned in India Updated On Fri, Nov 29th, 2019 by Saurenergy RK Singh has said that as on October 31, 2019, the total grid-connected solar power generation capacity of India now stands at 31,696 MW. The Government of India has set a national target of installing 1,00,000 MW grid-connected solar power capacity in the country by December 2022. And the Ministry of New and Renewable Energy […] Read more
MNRE Invites Bids for Publication of its ‘Akshay Urja’ Magazine Updated On Fri, Nov 22nd, 2019 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a tender inviting sealed bids from reputed organisations located within Delhi and NCR, for the publication of its bi-monthly magazine ‘Akshay Urja’ in electronic format. As per the tender document, the magazine will be published both in Hindi and English separately in e-book format. Initially, it […] Read more
Govt to Set up 14 MW of Solar Plants in Leh & Kargil Updated On Fri, Nov 22nd, 2019 by Saurenergy Under the Prime Minister Development Package 2015 these projects will be developed, he added. The Union Minister of State (IC) Power, New & Renewable Energy and Skill Development and Entrepreneurship, RK Singh has said on Thursday that the government is planning to set up 14 MW solar energy power plants in the Leh and Kargil region. This information was provided by […] Read more
83.38 GW Renewable Energy Installed till Oct: RK Singh Updated On Fri, Nov 22nd, 2019 by Saurenergy Out of the country’s 175 GW target for renewable energy by 2022, India has installed a total of 83.38 GW by the end of October this year, said RK Singh. This information was given by R.K. Singh, Union Minister of State (IC) New & Renewable Energy, Power and Skill Development and Entrepreneurship, in a written reply […] Read more
MNRE Clarifies on Solar-Wind Hybrid Project Proportioning Under RPO Updated On Fri, Nov 8th, 2019 by Saurenergy MNRE has now clarified that, the RPO contribution of Obligated Entities (OE) consuming energy from hybrid wind-solar power plant shall be based on the relative proportion of energy contributed by each source, calculated based on the ratio of declared capacities of each source in the PPA. The Ministry of New and Renewable Energy (MNRE) has […] Read more
Installation of Additional Solar DC Capacity to be Left on Developers: MNRE Updated On Wed, Nov 6th, 2019 by Saurenergy MNRE has stated that as long as the solar plants are in accordance with the contracted AC capacity, installation of DC capacity should be left to developers In a decision that will come as a relief for solar power developers in the country, the Ministry of New and Renewable Energy (MNRE) has issued an advisory/clarification […] Read more
