Green Bank Network Earmarks $10 Billion for Green Projects Updated On Fri, Nov 30th, 2018 by Saurenergy Green Bank members invest across multiple technology platforms such as wind, utility, and small-scale solar, energy efficiency, low-carbon transport etc,. Green Bank Networks, specialized financial institutions involved in financing green projects, are expected to shell out $41 billion in as capital for projects around the globe. Green Bank members invest across multiple technology platforms such […] Read more
NTPC to Purchase 1000 MW from Existing Solar and/or Wind Energy Producers Updated On Wed, Nov 28th, 2018 by Saurenergy The RfS document is available for download from November 27, 2018 to December 9, 2018 and the last date for submission of technical bid is December 20 2018. National Thermal Power Corporation (NTPC), India’s largest energy conglomerate, has recently invited bids from existing solar PV power plants and wind power plants for the reverse auction […] Read more
Magenta Power Installs its First EV Charging Station in Bangalore Updated On Tue, Nov 27th, 2018 by Saurenergy The charging stations shall be equipped with the ChargeGrid App which will show the availability of chargers along the route, coupled with their status at an individual socket level. Magenta Power, a renewable energy service provider, has installed its first electric vehicle charging station in Bangalore, exclusively for the Mahindra Treo Electric 3-Wheeler. The charging […] Read more
EIB Expands Cooperation with SBI in Wind Energy Financing Updated On Sat, Nov 24th, 2018 by Saurenergy With this collaboration, the promoters of wind projects in the country will benefit from long-term low cost financing under the dedicated EUR 600 million renewable energy financing programme that is already supporting large-scale solar investment across the country. The European Investment Bank (EIB) will increase its support for India’s wind energy projects by expanding the existing lending programmes […] Read more
Tangedco Gets Approval to Float Solar and Wind Tenders Updated On Thu, Nov 22nd, 2018 by Saurenergy The tenders will be floated in December and the companies taking part in the bidding will have one year to commission the project. Tamil Nadu Generation and Distribution Corporation (Tangedco) has revieced an approval from the Tamil Nadu Electricity Regulation Commission (TNERC) float solar and wind power tender for the financial year 2018-19. The tenders […] Read more
Wind and Solar Cheapest Form of New Energy Capacity Addition Globally: Study Updated On Tue, Nov 20th, 2018 by Saurenergy The new best in class solar and wind plants cost half of what coal plants used to cost, including in China and India In all the major economies around the world, wind and solar have become the cheapest source of new energy capacity addition, a study found. The new best in class solar and wind […] Read more
Solar Energy Sector Losing Sheen With Developers Shunning Projects Updated On Mon, Nov 19th, 2018 by Saurenergy Solar Energy Corporation of India (SECI) issued tenders for 1,200 megawatt (MW) of wind-solar hybrid scheme and 10,000 MW solar tender linked to manufacturing units Once touted as the sunrise sector, solar energy industry is losing is its sheen with developers showing reluctance towards bidding for projects. Solar Energy Corporation of India (SECI) issued tenders […] Read more
MNRE circulates draft Indian Wind Turbine Certification Scheme (IWTCS) Updated On Tue, Nov 13th, 2018 by Saurenergy Ministry of New and Renewable Energy, in consultation with National Institute of Wind Energy Chennai, has prepared a draft of new Scheme called Indian Wind Turbine Certification Scheme (IWTCS) incorporating various guidelinesTurbine Certification Scheme (IWTCS). The IWTCS is a consolidation of relevant National and International Standards (IS/IEC/IEEE), Technical Regulations and requirements issued by Central Electricity […] Read more
US Wind Turbine Market to be Driven by Decarbonization Targets and Favorable Regulatory Directives Updated On Fri, Oct 26th, 2018 by Saurenergy Global wind turbine market players recently witnessed a path-breaking announcement by energy giant GE, regarding the deployment of the most powerful offshore wind turbine called the Haliade-X in 2021. The deployment of the 12-megawatt wind turbine is expected to put GE in the leading position in the offshore wind turbine market as the new wind […] Read more
