Ather Energy Raises $51 Million in Latest Round of Funding Updated On Thu, May 30th, 2019 by Saurenergy Bengaluru-based e-mobility startup, Ather Energy recently announced that it has raised an investment of $51 Mn in its latest round of funding, led by Sachin Bansal’s investment of $32 Mn. Ather Energy was one of the earliest start-up funding of Sachin Bansal when he invested $0.5 Mn in the firm as an Angel investor in […] Read more
ISA’s big Solar Pump Move Finally Rolls Off Updated On Thu, May 30th, 2019 by Saurenergy With EESL issuing a tender for 272579 Solar Water Pumps on behalf of the ISA and its member countries, the biggest project so far with the ISA is finally underway. One of the biggest initiatives the International Solar Alliance (ISA), Prime Minister Narendra Modi’s biggest international achievement, were plans to drive down prices of solar […] Read more
Sixth Extension For SECI’s 97.5 Rooftop Scheme Tender Updated On Thu, May 30th, 2019 by Saurenergy Bidders will now have until June 17, 2019, to submit their bids for the development of the rooftop solar projects under the scheme. The Solar Energy Corporation of India (SECI) has issued a notification amending the deadline for bid submission for its 97.5 MW grid-connected solar PV system rooftop scheme for government buildings. The nodal […] Read more
WB Announces Energy Partnership to Support Energy Storage in Developing Countries Updated On Wed, May 29th, 2019 by Saurenergy The 10th Clean Energy Ministerial and 4th Mission Innovation Ministerial, being held at Vancouver, Canada, saw the announcement of a new international partnership by the World Bank. The Energy Storage Partnership (ESP) includes the World Bank Group and 29 organizations working together to help develop energy storage solutions tailored to the needs of developing countries. The […] Read more
SECI Signs PSA with HPPC For 400 MW Solar Power Updated On Wed, May 29th, 2019 by Saurenergy SECI has signed PSA with HPPC for the supply of 400 MW solar power. The Solar Energy Corporation of India (SECI) has announced that it has signed a Power Supply Agreement (PSA) with the Haryana Power Purchase Centre (HPPC) for the supply of 400 MW solar power. In January, HPPC signed another PSA with SECI […] Read more
CERC Drafts Outline For Power System Development Fund Updated On Wed, May 29th, 2019 by Saurenergy The Central Electricity Regulatory Commission (CERC) has issued draft regulations for the Power System Development Fund. The proposed regulations deal with the creation of a power system development fund and its implementation, with the objective of tackling the issue of the country’s power sector grappling with transmission related issues. The fund when implemented will come […] Read more
Capital Dynamics & First Solar Commission 280 MW Californian Flats Solar Project Updated On Wed, May 29th, 2019 by Saurenergy Capital Dynamics, an independent global private asset management firm and First Solar have announced the completion and commercial operation of the 280-megawatt (MW) California Flats Solar Project. The project is located on approximately 2,900 acres of ranch land within the Jack Ranch owned by Hearst, near the borders of San Luis Obispo and Monterey County in California. The project partners […] Read more
An Innovative Plan to Drive Higher Solar Rooftop in Chandigarh takes Shape Updated On Wed, May 29th, 2019 by Saurenergy CREST, or the Chandigarh Renewable Energy and Science & Technology Promotion Society, a society under the department of science and technology, Chandigarh Administration, has come up with a model to drive higher solar use. Expanding the RESCO model to residential houses. The planned move by CREST is really interesting because it tries to tackle one of the […] Read more
ADB Grants $4Mn Loan For 15.1 MW Solar Plant in Afghanistan Updated On Tue, May 28th, 2019 by Saurenergy The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) to help build a 15.1 megawatt (MW) solar power plant in Afghanistan. The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) and subsidiaries owned by the 77 Construction, Contracting, and Trading […] Read more
