Over Rs. 71,200 crore sanctioned for Renewable Energy Sector by Banks & NBFCs since February, 2015 Updated On Mon, Apr 11th, 2016 by Saurenergy Banks & Non-Banking Financial Companies (NBFCs) have sanctioned over Rs. 71,201.54 crore to finance various renewable energy projects and disbursed Rs. 29,529.57 crore against the sanctioned amount since February 2015 till 21 March, 2016. During RE-INVEST 2015, 40 major Banks and Non-Banking Financial Companies (NBFCs) committed to provide debt funding to Renewable Energy Projects aggregating […] Read more
Govt. upbeats Solar Power Generation to 48GW by 2019 Updated On Mon, Apr 11th, 2016 by Saurenergy Eyeing the indigenous growing solar reputation, the government is aiming to extend the solar power generation capacity to 48GW by early 2019, giving an early deed to the promising 100 GW National Solar Mission chalked by 2022. Latest projections from The Ministry of New and Renewable Energy (MNRE), has benchmarked a target generating 48GW grid […] Read more
Intersolar India joins forces with HUSUM Wind Updated On Sat, Apr 9th, 2016 by Saurenergy HUSUM Wind has announced entering into strategic partnership with Intersolar. From October 19 to 21, 2016, the renowned exhibition for wind energy will be represented with a special area at India’s largest exhibition where around 230 exhibitors and over 11,000 visitors are expected to attend and conference for the solar industry in Mumbai. Intersolar in […] Read more
Two solar PV projects worth Rs 3,104 crore get NTPC board approval Updated On Tue, Apr 5th, 2016 by Saurenergy NTPC board has accorded approval to investment proposals worth Rs 3,104 crore for solar PV projects in Madhya Pradesh and Rajasthan. Power major NTPC has informed BSE that the Board of Directors of the Company at its meeting held on March 30, 2016, has accorded investment approval for Mandsaur Solar PV Project (5×50 MW) in […] Read more
Haryana Government to make installation of solar power plants mandatory Updated On Mon, Apr 4th, 2016 by Saurenergy Haryana Government has decided to make installation of solar power plants mandatory for housing societies, industries and other specified categories of buildings. Haryana Principal Secretary, Renewable Energy, Ankur Gupta said notification has been issued in this regard to promote green and clean power and set a high trajectory for solar power generation in the State. […] Read more
OCL India inaugurates West Bengal’s first and largest 5.5 MW Solar PV Power Plant Updated On Sat, Apr 2nd, 2016 by Saurenergy OCL India Ltd. a Dalmia Bharat Group company inaugurated 5.5 MW Solar PV Power Plant for use by its cement grinding unit in Salboni, West Bengal. OCL’s 1.35Mt/yr grinding plant was set up in 2014 with an investment of USD 93m. Representing OCL India’s management team during the inauguration of the solar plant was Director […] Read more
Reliance’s 100-MW solar power plant in Pokhran commence power generation Updated On Fri, Apr 1st, 2016 by Saurenergy Reliance Solar Power‘s 100-MW solar power plant in Jaisalmer, Rajasthan has commenced power generation. The solar plant is based on Areva’s compact linear fresnel reflector (CLFR) technology. CLFR system yields higher power cycle efficiency and deliver less pumping losses as compared to other CSP technologies. Additionally it requires lesser area to operate in comparison to […] Read more
Piramal, APG to invest USD 132 million in Essel Infra’s Solar IPP venture Updated On Wed, Mar 30th, 2016 by Saurenergy Piramal Enterprises and Dutch pension fund asset manager APG Asset Management will invest USD 132 million to power the Essel Infrastructure’s Solar IPP platform across India. Piramal Enterprises Limited will make the investment in Essel Green Energy, the solar arm of Essel Infraprojects Ltd through its Structured Investment Group. Essel Green Energy Private Ltd currently […] Read more
USAID, ADB signs MoU to develop solar parks across India Updated On Tue, Mar 29th, 2016 by Saurenergy The US Agency for International Development (USAID) and Asian Development Bank has signed Memorandum of Understanding (MoU) on Monday for providing Rs 5,681 crore ($848 million) in funding to develop solar parks across India. Under the MoU USAID will align the technical resources of two of its programs to support ADB’s investments in the development […] Read more
