Everstone Group, Lightsource BP Form 50:50 JV to Invest in Indian Green Infrastructure Updated On Thu, Apr 19th, 2018 by Saurenergy The newly formed JV will provide the funds with the financial and strategic resources of the partners aiming to create successful green energy businesses in partnership with local management teams. Indian private equity fund Everstone Group and British solar parks developer Lightsource BP has formed a 50:50 Joint Venture (JV) called ‘EverSource Capital’ to jointly […] Read more
India Starts Probe into Dumping of EVA Sheets Updated On Tue, Apr 17th, 2018 by Saurenergy The probing agency, Directorate General of Antidumping and Allied Duties (DGAD), an arm of commerce ministry, will investigate the imports of ‘Ethylene Vinyl Acetate (EVA) sheets for solar modules’. India has started a probe into the alleged dumping of EVA sheets, imported from China, Malaysia, Saudi Arabia, South Korea and Thailand, which are used in […] Read more
India’s Solar Capacity Addition Likely to Drop by 40 Percent in 2018-19: ICRA Updated On Tue, Apr 17th, 2018 by Saurenergy Between April 2017 to February 2018 the country has added around 7.2 Gw solar capacity to its kitty. It is highly likely that India’s solar power capacity addition will drop by 40 per cent to a range between 4 Gigawatt (GW) and 4.5 Gw in the 2018-19, thanks to the recent slowdown in the tendering and project […] Read more
International Solar Alliance: A Rollercoaster Ride for Indian Solar Updated On Mon, Apr 16th, 2018 by Saurenergy Indian solar sector witnesses sharp momentum in the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took office, India had 3 GW of solar power, which now turned to nearly seven-times of that, or 20 GW, by the end of FY18. India’s efforts towards solar sector came into […] Read more
Surat Tops Among Green Energy Producers in India Updated On Fri, Apr 13th, 2018 by Saurenergy SMC produces 86.5 GWh of renewable energy as compared to its per year requirement of 245 GWh, which is 35 percent of its requirements. The municipal body of the diamond city, Surat Municipal Corporation (SMC), produces nearly 40 MW of renewable energy from solar, wind and biogas. Also, additional 10 MW of green energy is expected to […] Read more
Surat District Co-Op Bank Becomes India’s First District Bank to Built on Green Concept Updated On Thu, Apr 12th, 2018 by Saurenergy It has become the first district bank among 370 district banks in the country and 18 in Gujarat to built on the green concept. More than 100 years old Surat District Cooperative Bank has become the country’s first district bank for constructing its new headquarter in Surat on the green building concept. It has become the first among the […] Read more
Cabinet Okays Host Country Pact between India and ISA Updated On Wed, Apr 11th, 2018 by Saurenergy The Headquarters Agreement will institutionalize the functional arrangements between India and ISA. The Union Cabinet has provided its approval for entering into the ‘Host Country Agreement’ between India and the International Solar Alliance (ISA). The Cabinet in its notification said, “The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval for entering […] Read more
Cabinet Approves Headquarters (Host country) Agreement between India and the International Solar Alliance Updated On Wed, Apr 11th, 2018 by Saurenergy The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its ex-post facto approval for entering into Headquarters (Host country) Agreement between India and the International Solar Alliance (ISA) and authorizing the Ministry of External Affairs for signing the Headquarter Agreement. The Agreement was signed on 26th March, 2018. The Headquarters Agreement will […] Read more
Indian Railways to Provide Rooftop Solar Panels at More Stations Updated On Wed, Apr 11th, 2018 by Saurenergy It has planned to source 500 MW solar energy by providing rooftop solar panels at its railway stations and other buildings. In a move to go green, Indian Railways (IR) has planned to provide solar panels at many of its railway stations. Railway Ministry in reply to a question in Rajya Sabha said, it has […] Read more
