Egypt’s Solar Power Gets $102M Support from World Bank Agency Updated On Thu, Jan 11th, 2018 by Saurenergy The Egyptian government is moving forward on a mega project that involves private sector companies building solar and wind plants under a FiT scheme. The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group has announced a guarantee of $102.6 million for the construction of six power plants in Egypt. The power […] Read more
Rs 2,800 Cr To be Invested in Madhya Pradesh Based Solar Park by IFC Updated On Thu, Jan 11th, 2018 by Saurenergy Continues of the speculation by IFC will be utilized for the development, operation, and upkeep of the solar plant. In one of the greatest arrangements in the sustainable power source space, International Finance Corporation (IFC), some portion of World Bank gathering, is near contributing $440 million or Rs 2,800 crore in Rewa Ultra Mega Solar […] Read more
Brazil Crosses 1 GW Solar Milestone Updated On Wed, Jan 10th, 2018 by Saurenergy Brazil has also become the second Latin American country to cross the 1 GW mark of installed PV capacity after Chile. Brazil’s solar power generation has reached the mark of one gigawatt, marking it among the 30 countries in the world which can generate over one gigawatt from solar sources, reports said. Brazil has also […] Read more
ReNew Power Raises Rs 2,235 Crore From NCD Updated On Wed, Jan 10th, 2018 by Saurenergy The issuance comes in two parts: the first, a credit enhanced NCD worth Rs 760 crore and the second, a multi-issuer cross-collateralised rupee bond involving multiple power distribution companies. ReNew Power Ventures Pvt. Ltd, one of India’s leading clean energy companies, has stated the closure of the issue of non-convertible debentures (NCDs) collectively worth Rs […] Read more
US Solar Claim Rejected by India at WTO, Investigates New Guard to Ensure Industry Updated On Tue, Jan 9th, 2018 by Saurenergy In a statement published by the WTO on Monday, India said it had changed its rules to conform with the ruling and that a U.S. claim for punitive trade sanctions was groundless. India hit back on Monday at Washington’s latest legal assault on its solar power policies at the World Trade Organization, rejecting a U.S. […] Read more
Solar Power Projects Get Assistance from International Institutions: Government Updated On Fri, Jan 5th, 2018 by Saurenergy The assistance for solar power projects under such schemes are available to all States/UTs depending on requirement and demand. The Government has various solar power programmes which are being implemented through assistance of World Bank, International Finance Corporation and other multilateral financial institutions. This was stated by Power and New & Renewable Energy Minister, Raj […] Read more
India’s Second-Largest Grid-Connected Rooftop Solar Plant Commissioned In UP Updated On Thu, Jan 4th, 2018 by Saurenergy The award for Turnkey execution of the undertaking, together with five years of Operation and renovation, turned into placed on Thermax Limited. India’s government-owned solar corporation of India (SECI) declared it has commissioned the USA’s second-largest rooftop solar PV plant at GAIL’s Petrochemical complex at Pata in Uttar Pradesh. The 5.76 Mega Watt (MWp) huge […] Read more
Coal Secretary Inaugurates 130-MW Solar Power Plant of NLC in Tamil Nadu Updated On Tue, Jan 2nd, 2018 by Saurenergy The entire power generated from the solar plant would be supplied to TANGEDCO, at a preferential tariff of Rs. 5.10 per unit for 25 years, a press release stated. As part of government’s commitment to green energy initiatives, Coal Secretary Susheel Kumar inaugurated a 130 MW solar power project at 33/110 KV pooling substation in […] Read more
Columbia Engineers Develop Floating Solar Fuels Rig for Seawater Electrolysis Updated On Fri, Dec 29th, 2017 by Saurenergy The electrolyzer component of this device is based on a simple, membraneless design that enables efficient operation with high product purity and without active pumping of the electrolyte. In a single hour, more energy from the sun hits the Earth than all the energy used by humankind in an entire year. Imagine if the sun’s […] Read more
