Cabinet approves MoU in the area of large-scale Grid Integration of Renewable Energy Updated On Sat, Apr 1st, 2017 by Saurenergy The MoU envisages promoting information exchanges in the areas of Renewable Energy integration regulations and balancing using gas, storage, and demand-side approaches, energy imbalance markets The Union Cabinet chaired by the PM Narendra Modi has approved for signing of a Memorandum of Understanding (MoU) between Forum of Regulators (FOR) and the National Association of Regulatory Utility […] Read more
Solar capacity addition to reach up to 7.5 GW in FY18: ICRA Updated On Sat, Apr 1st, 2017 by Saurenergy Solar capacity addition is expected to increase from 3.5-4 GW in FY17 to at least 7-7.5 GW (in grid connected utility segment) in FY18. Given the number of projects awarded under the National Solar Mission (NSM) and the state policy route in the past 12-18 months, solar capacity addition is expected to increase up to […] Read more
Oriano Solar gets Rs 20 crore from Samridhi Fund Updated On Fri, Mar 31st, 2017 by Saurenergy Rs. 20 crore fund from Samridhi Fund will be used by Oriano Solar to finance working capital requirements and expand 45-member team Mumbai-based startup Oriano Solar has raised series A funding worth Rs 20 crore from Samridhi Fund, which is managed by SIDBI Venture Capital Ltd, a wholly-owned subsidiary of Small Industries Development Bank of […] Read more
ReneSola Connects 10MW of Ground-mount Solar Projects to UK Grid Updated On Thu, Mar 30th, 2017 by Saurenergy ReneSola managed the design and construction of these ground-mount solar projects, and will provide ongoing operation and maintenance services until final acceptance. ReneSola has announced the completion and grid connection of two ground-mount projects in the United Kingdom. These projects have a combined capacity of approximately 10 MW. ReneSola managed the design and construction of […] Read more
Kerala, Arunachal Pradesh and Tripura join UDAY Updated On Thu, Mar 30th, 2017 by Saurenergy Further, the States of Arunachal Pradesh and Tripura also joined the scheme for operational improvement of the States’ Power Distribution Departments. With this the total count of States/UTs under UDAY reaches 26. State of Kerala and Kerala State Electricity Board Limited exchanged the Memorandum of Understanding (MOU) under the Scheme Ujwal DISCOM Assurance Yojana (UDAY) […] Read more
Manildra Solar Farm reaches financial close: First Solar Updated On Mon, Mar 27th, 2017 by Saurenergy The Manildra Solar Farm will take First Solar’s installed capacity in Australia to more than 400MWAC when it is complete in 2018 First Solar has announced that financial close has been reached for the 48.5 MW Manildra Solar Farm in New South Wales (NSW), Australia. First Solar will leverage its expertise in utility-scale solar development […] Read more
Engine manufacturer Wärtsilä to supply a solar PV plant to Burkina Faso Updated On Mon, Mar 27th, 2017 by Saurenergy Wärtsilä’s scope covers the engineering, procurement & construction (EPC) for the solar PV power plant at a gold mine in Burkina Faso, including the control system for the hybrid plant. The Finnish group, Wärtsilä has announced that it will supply a 15 MWp solar PV power plant to Essakane Solar SAS in Burkina Faso. The […] Read more
India’s 60-65 per cent of installed power generation capacity will be from Renewable Energy: Piyush Goyal Updated On Sat, Mar 25th, 2017 by Saurenergy “India’s renewable energy programme is a great example of how you can do big by thinking big.” Power Minister Piyush Goyal today at Take Pride event organized by CII said that India’s 60-65 per cent of installed power generation capacity will be from renewable energy. “Going by prices we have discovered, I am inspired to say that 60-65 per […] Read more
NTPC Plans to Achieve 32 GW Installed Capacity via Renewable Sources by 2032 Updated On Sat, Mar 25th, 2017 by Saurenergy Green masala bonds will be used by NTPC for financing renewable energy projects in accordance with applicable guidelines and regulations of Reserve Bank of India NTPC Ltd. has raised Rs. 2,000 crore through issuance of green masala bonds in overseas market under its USD 4 billion medium term note programme. The proceeds of these green […] Read more
