India May Fall Short of its 100 GW Solar Ambitions: Wood Mackenzie Updated On Fri, Feb 8th, 2019 by Saurenergy India’s installed grid-connected power generation capacity increased 4 percent from January to October 2018 to reach 347 GW. India may fall well short of its 100 GW solar by 2022 target as it faces short-term uncertainty due to the imposition of various taxes, according to research and consultancy firm Wood Mackenzie. Renewables accounted for 9.7 […] Read more
Australia Could Meet Its Paris Agreement Targets 5 Years In Advance : ANU Updated On Fri, Feb 8th, 2019 by Saurenergy Australian National University has found that Australia is installing renewable energy faster than any other country, helping it to meet its entire Paris Agreement emissions reduction targets five years early. According to new research conducted by the Australian National University, the pipeline for new wind and solar photovoltaic (PV) electricity systems in the country is about […] Read more
National Salt Memorial, Dandi Goes Solar with Waaree Energies Updated On Fri, Feb 8th, 2019 by Saurenergy The solar trees have the capacity to generate 182 kWp and are installed in such a way that they are capable of meeting the energy demand of the entire memorial. Prime Minister Narendra Modi recently inaugurated the prestigious National Salt Memorial on the 150th death anniversary of Mahatma Gandhi. The memorial, built in honour of […] Read more
IREDA IPO Expected By September Updated On Fri, Feb 8th, 2019 by Saurenergy IREDA will issue fresh 13.90 crore shares, increasing the paid-up share capital of the company from Rs 784 crore to Rs 923 crore. The initial public offer (IPO) of state-owned Indian Renewable Energy Development Agency (IREDA) will be launched before September 2019, a top official has confirmed. “We can raise up to 15 percent of our equity. […] Read more
Suzlon Energy Losses Grow to Rs 40 Cr in 3rd Quarter Updated On Fri, Feb 8th, 2019 by Saurenergy The company’s total income in the quarter came down to Rs 1,112.34 crore from Rs 2,220.25 crore a year ago. Suzlon Energy, a premier wind energy solutions provider, has reported that its consolidated net loss has widened to Rs 40.07 crore in the December 2018 quarter year-on-year, mainly due to lower revenues, higher forex loss, […] Read more
EIB Approves Euro 1670 Million Fund For Strengthening Sustainable Transport and Clean Energy Investments Updated On Fri, Feb 8th, 2019 by Saurenergy The investments in renewable energy initiatives are a part of the bank’s programme that saw EUR 4.8 billion of new financing. The European Investment Bank (EIB) has approved a total of EUR 1670 Million for strengthening sustainable transport and supporting the development of renewable energy in Europe, Africa, and Asia. The EIB-backed financing will support […] Read more
BHEL Issues Tender For MMS Columns for 129 MW of Solar Projects Updated On Fri, Feb 8th, 2019 by Saurenergy The last date for the submission of bids is February 15, 2019. The technical bids will open on the same date. Bharat Heavy Electricals Limited (BHEL) has issued a tender for the procurement of 1,500 metric tons of module mounting structure (MMS) columns for setting up 129 MW of solar power projects at four sites […] Read more
NHPC Issues Tenders For 2 MW Rooftop Solar Projects Updated On Fri, Feb 8th, 2019 by Saurenergy The last date of bid submissions for all four tenders is March 19, 2019 (online) and March 22, 2019 (offline). The National Hydroelectric Power Corporation (NHPC) has issued multiple (4) tenders for setting up 2,089.64 kW of rooftop and small solar power projects at various stations of NHPC. With just a 5 year requirement for […] Read more
2 Days After 12 GW Manufacturing ‘Stimulus’ Time For Reality Check Updated On Fri, Feb 8th, 2019 by Saurenergy On Feb 6, the government announced a move to push central public sector undertakings towards a 12 GW solar plan, powered completely by domestic manufacturing. Will this finally kick start domestic manufacturing? 2 days after the announcement, we spoke to industry insiders, as well as considered the factors that could make or break this latest […] Read more
