ReNew Power Secures Additional Debt Funding of $350 Mn From OPIC Updated On Thu, Feb 21st, 2019 by Saurenergy The IPP has secured a fresh debt financing of up to USD 350 million from the US Government’s development finance institution. ReNew Power, one of India’s largest renewable energy Independent Power Producer (IPP) in terms of total energy generation capacity, has secured a fresh debt financing of up to USD 350 million from the Overseas […] Read more
Company Feature – SolarMaxx Updated On Wed, Feb 20th, 2019 by Saurenergy Introduction 1. About us SolarMaxx, established in 2008, is a leading manufacturer and supplier of high efficiency Solar PV Modules suitable for Solar power plants of utility as well as rooftop scale. SolarMaxx is a proud leader in its regional market of Rajasthan and is rapidly expand across India. Creating and delivering clean energy, cost-effective […] Read more
Tender For 50 kW Rooftop Solar Plant in Maharashtra Updated On Tue, Feb 19th, 2019 by Saurenergy The last date of bid submission is February 28, 2019. The Amravati Divisional Office of the Maharashtra Energy Development Agency (MEDA) has issued a tender for setting up of total 50 kW capacity grid-connected solar PV power plant under Rooftop net metering system at district planning office building, collector office, Amravati in Maharashtra. The brief […] Read more
Innovation, Cooperation, and More at SECI’s Pre-Bid Meet for 7.5GW Leh-Kargil Tender Updated On Mon, Feb 18th, 2019 by Saurenergy At the pre-bid meeting called by SECI for the massive 7.5GW Leh-Kargil tender, interested bidders and a whole lot of other curious people turned up to know more. Pre-bid meetings for large projects are usually a place to get the nitty-gritty sorted and out of the way. Or in some cases, obvious mistakes or conditions […] Read more
India & Germany To Provide Financial Support to Climate Conservation Projects Updated On Thu, Feb 14th, 2019 by Saurenergy Both India and Germany are in the process of outlining a Comprehensive Climate Change Act, laying down targets of emission reduction for all relevant sectors of the Indian economy. India and Germany have agreed to collaborate on a fund that will provide financial support to climate conservation projects aimed at reducing greenhouse gas emissions, promoting renewable energies and sustainable forest management in […] Read more
In Renewables, it’s No Less Than a ‘Revolution’ Underway in India. WSDS 2019 Updated On Wed, Feb 13th, 2019 by Saurenergy At the World Sustainable Development Summit, India’s renewable push came up for appraisal, with everyone agreeing that it was no less than a revolution when seen from most metrics. At a panel chaired by Ajay Shankar of TERI, Anand Kumar, Secretary, MNRE, Vineet Mittal of the Avaada Energy Group representing the private sector, David Nelson […] Read more
Cost of Solar Power to Drop to Rs 1.9 Per Unit by 2030: Report Updated On Wed, Feb 13th, 2019 by Saurenergy By 2030, the report predicts the cost of wind and solar to be between Rs 2.3-2.6/kWh and Rs 1.9-2.3/kWh, while the cost of storage is expected to fall by about 70 percent. The cost of generation of solar power is set to fall to as low as Rs 1.9 per unit over the next decade through 2030 in India with […] Read more
NIWE Issues Tender For 2 MW Solar Plant at IIM Tiruchirapalli Updated On Wed, Feb 13th, 2019 by Saurenergy The last date of bid submissions is March 1, 2019. The National Institute of Wind Energy (NIWE) has launched a tender to develop a 2 MW solar project at the Indian Institute of Management (IIM) in Tiruchirappalli, located in the state of Tamil Nadu. The brief scope of work for the selected bidder will include […] Read more
Petitions by SPDs to Consider GST as Change in Law Accepted Updated On Mon, Feb 11th, 2019 by Saurenergy The CERC with its latest order has provided some relief to solar developers in a matter of GST compensation. The Central Electricity Regulatory Commission (CERC), hearing on the matter raised by local solar project developers, has issued an order accepting the Goods and Services Tax (GST) as a change in the law in case of […] Read more