NIIF Ready to Provide Last Mile Funding to Stressed Projects Updated On Tue, Jun 13th, 2017 by Saurenergy The government will set up two sub-funds under the NIIF -one in clean energy fund, which will primarily focus on renewable energy and another with focus on highway projects. The National Investment and Infrastructure Fund (NIIF) is ready to provide last mile funding to stressed projects funded by banks. The issue of funding from NIIF […] Read more
United States solar market adds 2,044 megawatts of new capacity in the Q1 of 2017 Updated On Thu, Jun 8th, 2017 by Saurenergy “Solar is delivering more clean energy, adding jobs 17 times faster than the United States economy and creating tens of billions of dollars in investment. With its cost-competitiveness, we know solar will continue to play a growing role in America’s energy portfolio.” The U.S. solar market has added more than 2GW (2,044 megawatts) of new capacity […] Read more
KERC accelerating solar projects as demand surges in Karnataka Updated On Wed, Jun 7th, 2017 by Saurenergy The KERC has included cross-subsidy charges on solar power from solar farms. Additionally, it has given a 10-year waiver of key grid charges, for solar power projects commissioned before March 2018. Taking cue from Prime Minster Narendra Modi’s ardent appeal in Paris Climate Conference in 2015 to make India a solar-powered nation, the Karnataka Electricity […] Read more
SBI to Finance Rs 400 crore for 100 MW of Rooftop Solar Power Projects Updated On Sat, Jun 3rd, 2017 by Saurenergy With the World Bank-funded capacity development program, the SBI aims to expand and incentivize the market for rooftop solar power projects by way of low cost financing. The State Bank of India has announced its decision to finance 100 MW Solar Power Project worth Rs 400 crore. To this regard, the SBI has secured a […] Read more
ADB and PNB sign $100 million loan to finance Solar Rooftop projects Updated On Fri, Jun 2nd, 2017 by Saurenergy PNB will use the ADB funds to make further loans to various developers and end users to install rooftop solar systems. The Asian Development Bank (ADB) and the Punjab National Bank (PNB) recently signed a $100 million loan to finance large solar rooftop systems on industrial and commercial buildings throughout India. The loan will be […] Read more
Jaguar Land Rover Transforming Kenyan Lives with the power of the sun, ‘Night Time Sun’ Lights Up Hay Festival Updated On Mon, May 29th, 2017 by Saurenergy The Night Time Sun installation is inspired by the work Jaguar Land Rover is doing to help families in rural Kenya. Its Lighting up Lives project is bringing safe, reliable solar power to 1.2 million people by 2020. Land Rover is harnessing the power of the sun to transform lives with a unique art installation […] Read more
CHANCES & CHALLENGES RELATED TO EPC Updated On Sat, May 27th, 2017 by Saurenergy As the world moves towards the sustainable development, India looks to optimize its energy mix with minimum carbon footprints. India is in the midst of a momentous leap in terms of the proposed use of solar power as part of its overall renewable energy mix. India with its 100GW of solar energy target by 2022 is […] Read more
ORIX Corporation Partners With SUN Group for Solar Updated On Tue, May 9th, 2017 by Saurenergy The partnership brings together the synergistic strengths of SUN and ORIX to position SUN Renewables as a leading player in DG solar in the country with a clear focus on providing Commercial and Industrial (C&I) clients with clean power and energy efficiency solutions starting with DG solar power. SUN Group has announced a joint venture […] Read more
Soltage and Basalt Announce 57 MW North Carolina Solar Power Project Portfolio Updated On Fri, May 5th, 2017 by Saurenergy Soltage and Basalt have announced 57MW solar power project portfolio in North Carolina under a $140 million equity capital partnership. Renewable Energy Company Soltage and Basalt Infrastructure Partners have announced that they have closed an investment in a nine-project, 57 MW solar power project portfolio across the state of North Carolina. This is the second […] Read more
