IREDA & European Investment Bank sign Euro 150 million Loan Agreement for Renewable Energy Financing in India Updated On Sat, Mar 10th, 2018 by Saurenergy More than 1 million Indian households to benefit from the new initiative EIB has extended this line of credit without insisting for sovereign guarantee from Government of India European Investment Bank (EIB) and Indian Renewable Energy Development Agency (IREDA) Ltd. have signed a loan agreement for a second line of credit (LoC) of Euro 150 […] Read more
Don’t Grant Loans to Huge Loss Making Discoms, says RK Singh to REC, PFC Updated On Fri, Mar 9th, 2018 by Saurenergy He said that many distribution companies have been making heavy transmission and distribution (T&D) losses and it may be difficult for them to repay the loans. In a review meeting, the Union Minister of State (IC) Power and New & Renewable Energy, R K Singh has directed the two financing arms of the Power Ministry […] Read more
Sungrow is Delivering the Largest ESS in Japan to PV plant Updated On Fri, Mar 9th, 2018 by Saurenergy As a leading ESS solution supplier, Sungrow has supplied to over 600 projects in more than 50 countries and has developed a complete system solution for frequency regulation, demand response, and micro-grids. Sungrow, the inverter solution supplier for renewables has entered into strategic partnership with a Japanese owner during the PV Expo 2018 held in […] Read more
EIB to Sign Loan Agreement with India for Renewable Energy Projects on March 10 Updated On Thu, Mar 8th, 2018 by Saurenergy The EIB claimed that it is the world biggest financier of climate action and clean energy projects. In 2017 the EIB financed EURO 19.6 billion of climate action projects, which is about 28 percent of its total financing. In a significant development, European Investment Bank (EIB) said it will ink an agreement on Saturday to […] Read more
Cabinet Okays India, Hellenic Deal on Renewable Energy Updated On Thu, Mar 8th, 2018 by Saurenergy Both sides aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable issues on the basis of mutual benefit equality and reciprocity. The Union Cabinet has approved the Memorandum of Understanding (MoU) between India and Hellenic on co-operation in renewable energy. Both sides aim […] Read more
EnSync Energy to Build Largest Solar PV System in the US Updated On Thu, Mar 8th, 2018 by Saurenergy The latest expansion more than doubles the capacity of the photovoltaic (PV) system to 660 kilowatts (kw), making it the largest solar installation in downtown Honolulu upon completion. EnSync Energy Systems has announced an expansion of the photovoltaic system it is installing on the rooftops of the Aloha Tower Marketplace, which is operated by Hawai’i […] Read more
417 Remote Villages of Orissa Solar-Powered: Centre Updated On Wed, Mar 7th, 2018 by Saurenergy The ministry said that the Orissa government had reported that it had taken up implementation of the rooftop solar plants in off-grid and on-grid category in domestic, institutional and government buildings. In a significant development, the Ministry of New and Renewable Energy in the Rajya Sabha revealed that it has ensured solar power to 417 […] Read more
Wabash Valley Power Inks Pact with Ranger Power for 99 MW Illinois Solar Project Updated On Wed, Mar 7th, 2018 by Saurenergy Wabash Valley Power will be the sole buyer of the energy produced from the Prairie State Solar Project, a 99 MW array to be built on privately owned land in Perry County. Wabash Valley Power’s member co-ops will benefit from a recently completed long-term agreement to purchase the energy and capacity generated by what will […] Read more
Cabinet approves an MoU between India and Hellenic on Renewable Energy Cooperation Updated On Wed, Mar 7th, 2018 by Saurenergy The Union Cabinet chaired by Prime Minister Shri Narendra Modi has been apprised of the Memorandum of Understanding (MoU) on Cooperation in the field of Renewable Energy between India and Hellenic. The MoU was signed by the External Affairs Minister, Smt. Sushma Swaraj, Government of India and H.E. Nikos Kotzias, Minister of Foreign Affairs of […] Read more
