IFC Mulls Rs 100 cr Investment in CleanMax to Fund 250 MW of Solar Power Projects Updated On Wed, Feb 15th, 2017 by Saurenergy CleanMax Enviro Energy Solutions could receive Rs 100 crore to commission more than 250 MW of solar power projects. International Finance Corp, the private sector investment arm of the World Bank, could invest about Rs 100 crore in renewable energy company CleanMax Enviro Energy Solutions, one of the largest solar power solutions providers in India. […] Read more
ReNew Power Raises $475 Million at Cheaper Cost Updated On Tue, Feb 7th, 2017 by Saurenergy The green bonds yielded 6% at the close of subscription and have helped ReNew Power raise $475 Million. ReNew Power Ventures has raised $475 million by selling green bonds to overseas investors as the solar and wind energy producer plans to refinance debt. The bond yielded 6% at the close of subscription on Monday. The […] Read more
El Salvador Awards Solar PV Project at 4.955¢ Per Kilowatt-Hour Updated On Tue, Jan 31st, 2017 by Saurenergy El Salvador, a small Central American nation awards solar PV power projects at competitive tariffs rates A small Central American country giving competition to a renewable energy giant like India in solar PV power tariff bids does not seem quite right, but this is indeed true in the case of El Salvador. According to media […] Read more
Global Microgrid Market Is Estimated To Reach $35 billion by 2022 : Research and Markets Updated On Wed, Jan 11th, 2017 by Saurenergy Growing emission of toxic gases and extreme weather conditions is a major factor which drives the microgrid market. Research and Markets forecasts the global microgrid market to reach $35 billion by 2022 with CAGR of 12% during 2016-2022. Many factors such as low costs for clean energy, energy storage technologies in microgrids, the military […] Read more
sPower hits one gigawatt (GW) milestone for operating solar power projects before the end of 2016 Updated On Mon, Jan 9th, 2017 by Saurenergy In just the last 65 days, the company connected nearly 500MW of wind energy and solar power projects to the grid. sPower has announced that it has crossed the one gigawatt (GW) milestone for operating solar power projects before the end of 2016. This takes sPower’s total portfolio of operating renewable assets to 1,153 megawatts […] Read more
MNRE is Organizing National Review Meeting for RE on 23rd and 24th January, 2017 Updated On Tue, Jan 3rd, 2017 by Saurenergy State Principal Secretaries/Secretaries dealing with Renewable Energy (RE) and the Heads of State Nodal Agencies (SNAs) for RE to review the implementation of various RE programmes and initiatives Ministry of New & Renewable Energy is organizing National Review Meeting on on 23rd and 24th January, 2017. The review meeting will be of State Principal Secretaries/Secretaries […] Read more
Launch scheme to provide jobs through solar project: Parliamentary panel Updated On Fri, Dec 16th, 2016 by Saurenergy A Parliamentary panel has asked the government to launch a scheme to set up solar power projects through qualified unemployed or under-employed youth, as assured by it on the floor of the House. “The implementation of the Assurance given in reply to unstarred question 1778 on March 5, 2015 regarding solar projects is of paramount […] Read more
MNRE launches Online Training Program for Solar PV Design Updated On Fri, Dec 16th, 2016 by Saurenergy The New and Renewable Energy Ministry has developed an online training programe under public-private partnership for design, installation and maintenance of solar photovoltaics (PV) to meet the manpower requirements of the booming solar industry. The skilling online programme has been developed by the National Institute of Wind Energy under in association with Iacharya Silicon Ltd, […] Read more
Government has Released Rs 1667.99 Crores for Installation of Solar Projects: Piyush Goyal Updated On Fri, Dec 9th, 2016 by Saurenergy Minister of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal in Lok Sabha on Thursday said that the total installed capacity in the country from solar power was 8727.64 MW and from wind power was 28279.40 MW as on 31.10.2016. He further stated that the Government has released Rs 1667.99 Crores […] Read more