IFC, MP Govt to Build the Largest Single-site Power Project in Rewa Updated On Mon, Jan 18th, 2016 by Saurenergy A member of the World Bank Group share intends to partner with Madhya Pradesh government for a massive solar project. IFC and state govt. aims to setup the largest single-site power project of 750-Mw in Rewa. IFC will put its expertise to structure and propose the transaction through private investments of about $750 million. “Successful […] Read more
Global Solar Sector Attracts US$160 billion Investment in 2015 – BNEF Report Updated On Fri, Jan 15th, 2016 by Saurenergy In 2015 the Global investment in solar sector reached a record US$161.5 billion off the back of 57GW of PV installations, more startling than the growth figures is that this commitment to renewables has continued to ratchet up while fossil fuel prices have plummeted. Oil prices have more than halved in two year. According to […] Read more
India Reaches ambitious 5,000 MW of Solar Power Installed Capacity Updated On Fri, Jan 15th, 2016 by Saurenergy The solar power generation figures underlined by the Govt. of India by 2022 is getting some momentum, latest report asserts that till Mid – January the installed capacity of solar power in India crossed the milestone of 5,000 MW. The cumulative installed capacity has reached to 5,130 MW with installed capacity of 1385 MW in […] Read more
GMR Edifice 5MW Powered Solar Power Plant at Hyderabad Airport Updated On Wed, Jan 13th, 2016 by Saurenergy GMR Hyderabad International Airport Ltd edifices a 5 MW solar power plant checking on the local demands of consumption. The solar plant set up will cost around Rs. 25 crore and has started generating around 25,000 units per day addressing the airport’s peak power demand during day time. SGK Kishore, Chief Executive Officer of GHAIL, said that […] Read more
$1.5 Billion International Aid for India’s Rooftop Solar Projects Updated On Fri, Jan 8th, 2016 by Saurenergy To uplift India’s rooftop solar initiative, the World Bank, Asian Development Bank and the New Development Bank formed by the BRICS Nations are opening loans for the Ministry of New and Renewable Energy. Upendra Tripathy, secretary at the MNRE said, “We are getting $500 million (Rs. 3,345 crore) from each of them to fund rooftop […] Read more
Russian Agency Assist to Establish Massive Solar Plants in India Updated On Thu, Jan 7th, 2016 by Saurenergy The Russian Energy Agency (REA) and Solar Energy Corp. of India (SECI) plans to team up on few substantial scales Solar PV plants in India by 2022. The two entities signed a Memorandum of Understanding (MoU) on December 24, plotting the terms of the partnership. According to sources, one of its objectives will be to […] Read more
Meralco Promises on 100MW Housetop Solar Projects Updated On Mon, Jan 4th, 2016 by Saurenergy Manila Electric Co. (Meralco) aims to install a massive 100MW solar power plant. Meralco president Oscar Reyes said the project is still being as a feature of the organization’s endeavor into renewable energy (RE). “We still don’t have a firm target, but maybe over three years, the aspiration is 100 MW,” said Reyes. Under the […] Read more
Hooper Solar PV power Plant in Colorado Updated On Thu, Dec 24th, 2015 by Saurenergy The Xcel Energy and the SunPower Corp. announced the commercial operational of the 50MW Hooper Solar PV power plant in Colorado’s San Luis Valley. The Xcel Energy is acquiring the force produced by the plant at cost-aggressive rates under a power buy concurrence with SunPower Corp. The utility gauges that the plant is creating enough […] Read more
DMRC Inks MoU with SECI To Augment Solar Venture Updated On Wed, Dec 23rd, 2015 by Saurenergy The Delhi Metro Rail Corporation (DMRC) and the Solar Energy Corporation of India (SECI) will now mutually work together on taking up an ‘off site’ solar power venture, to augment the utilization of renewable energy, alleviate the effect of standard increment in grid tariffs and to decrease the carbon foot prints. A Memorandum of […] Read more
