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
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
India will Achieve Installed RE Capacity Target Before 2022: MNRE Secy Updated On Fri, Feb 23rd, 2018 by Saurenergy International Solar Alliance (ISA) will help mobilise sufficient funds for solar energy projects. The Ministry of New and Renewable Energy (MNRE), Secretary, Anand Kumar said that India would achieve its target of installed renewable energy capacity of 175 GW well before 2022 for which bidding process would be completed on time. Anand Kumar while speaking […] Read more
ISA Biggest Global Achievement after Paris: PM Modi Updated On Sat, Feb 17th, 2018 by Saurenergy We have added more than 14 Giga-Watts to solar energy generation which was just about 3 Giga-Watts 3 years back, the Prime Minister said. Ahead of the first International Solar Alliance (ISA) Summit in Delhi on March 11, 2018, the Prime Minister Narendra Modi termed the solar alliance, “the single most important global achievement after Paris”. […] Read more
Investing Renewables Infesting Fossils Updated On Mon, Jan 15th, 2018 by Saurenergy Renewable Energy Sector as a Future Investment Model With increasing technological advancements, renewable energies are having a significant impact. Renewable energy is becoming increasingly viable, a trend that could potentially be a game-changer for investors, particularly large scale, global investors. The International Energy Agency projected that renewable energy will continue to grow by 42 percent […] Read more
Year End Review 2017 –MNRE Updated On Wed, Dec 27th, 2017 by Saurenergy Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […] Read more
INDIA Marches Ahead Updated On Wed, Dec 13th, 2017 by Saurenergy As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […] Read more
India-France Cooperation a ‘Partnership for Planet’: Foreign Minister Le Drian Updated On Sat, Nov 18th, 2017 by Saurenergy This is very positive and will enable us to further enhance the attractiveness of this international organization, which will have a crucial role to play in helping developing countries gain access to sustainable energy at lower costs. Describing the Indo-French cooperation as a “partnership for the planet”, French Foreign Minister Jean-Yves Le Drian that the […] Read more
ISA: Collaborative Platform To Achieve Clean Energy Goals Updated On Tue, Nov 14th, 2017 by Saurenergy The session at CoP23 served as the Curtain Raiser for the ISA’s upcoming Founding Ceremony. Leading solar energy solutions provider Vikram Solar was one of the participants in the 23rd Conference of Parties of the United Nations Framework Convention on Climate Change (COP23) in Bonn, Germany. Gyanesh Chaudhary, MD & CEO was the company’s representative. […] Read more
