China Solar Policy May Further Cut Power Bidding Tariff Updated On Mon, Jun 25th, 2018 by Saurenergy The tariffs, which will be discovered in the next rounds of inter-state transmission system bidding, could hit a new low. It may even breach the Rs 2.44 a unit pricing that was discovered during the Bhadla phase-IV bidding. As Chinese government has decided to deploy caps and reduce feed-in-tariffs for solar projects, it is highly […] Read more
EIB to Provide $11.75 Mn Loan for 34 MW Solar Project in Zambia Updated On Mon, Jun 25th, 2018 by Saurenergy Further, the Zambian project is promoted by Enel company and will also be supported by loans from the IFC, World Bank Group member, and IFC-Canada Climate Change Program. European Union lender, the European Investment Bank (EIB) has provided up to USD 11.75 million loan to support the 34 MW Ngonye solar power plant in Zambia. Further, the Zambian […] Read more
Bihar Planning to Have 2 GW Solar Power by 2022, says Sushil Modi Updated On Mon, Jun 25th, 2018 by Saurenergy The state government is committed to producing 2000 MW (2 GW) of electricity through solar energy by 2022. The two power plants are slated to be commissioned by 2022 and each will produce 350MW of electricity using solar energy. As decided by the government of Bihar, the power plants situated at Pirpainti in Bhagalpur and Kajra […] Read more
Financing Indian Sun Updated On Mon, Jun 25th, 2018 by Saurenergy After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […] Read more
Westinghouse Loads Fuel in Second AP1000 Nuclear Power Plant Updated On Sun, Jun 24th, 2018 by Saurenergy Westinghouse Electric Company and its customers, China State Nuclear Power Technology Corporation (SNPTC) and Shangdong Nuclear Power Company Limited (SDNPC) announced that Haiyang Unit 1, the AP1000 nuclear power plant located in Haiyang, Shandong Province, China, has begun to load fuel. “This is a great day for Westinghouse, our China partners and the nuclear industry. […] Read more
India Offers $75 Mn Credit Support for 100 MW Solar Project in Cuba Updated On Sat, Jun 23rd, 2018 by Saurenergy During talks, both countries agreed to enhance cooperation in the fields of renewable energy, biotechnology, traditional medicine and trade and investment. During the third leg of Indian President Ram Nath Kovind’s three nations tour, India offered a USD 75 million credit support to Cuba for a 100 MW solar power project. The President’s Secretariat said […] Read more
Specialists Warn of Dubious, Less Durable Solar Products Updated On Sat, Jun 23rd, 2018 by Saurenergy The awareness programme was launched to explore the opportunity that needs to be tapped in the backdrop of the Central Government fixing solar power target to one lakh MW by 2022. As the country is going through a transformation from the conventional source of energy to clean energy there are various dubious or less durable […] Read more
Viz-A-Viz with Basant Jain, Chief Executive Officer, Mahindra Susten Updated On Sat, Jun 23rd, 2018 by Saurenergy Q. Being a major player in the solar space, how do you contribute towards India’s clean and green energy initiative? Mahindra Susten (Part of USD 20.7 Billion Mahindra group) is a leading player in the Cleantech space. It is amongst India’s top 2 companies providing turnkey EPC solutions for grid connected solar projects and has […] Read more
EDF Renewables, PGGM Ink Pact on Solar, Wind Projects in US Updated On Fri, Jun 22nd, 2018 by Saurenergy As per the deal, PGGM Infrastructure Fund will acquire 50 percent ownership interest in all the four projects and the total capacity of the portfolio of projects is 588 MW. Independent Power Producer (IPP) EDF Renewables has inked the Purchase and Sale Agreements (PSA) with PGGM Infrastructure Fund for its Red Pine Wind, Rock Falls Wind, Switch […] Read more