ADB Invests $20 Mn to Finance RE Projects in Southeast Asia Updated On Wed, Feb 6th, 2019 by Saurenergy Proceeds of the bonds will finance renewable energy projects in the Asia and Pacific region, including Vietnam, the Philippines, and Indonesia. The Asian Development Bank (ADB) has invested $20 million in the maiden climate bond issuance of AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines. ADB is an anchor investor in the […] Read more
Adani Green Energy Arm Mahoba Solar Bags 390MW Hybrid RE Project Updated On Wed, Feb 6th, 2019 by Saurenergy The project is expected to have a solar generation capacity of 360 MW and wind generation capacity of 100 MW. Mahoba Solar (UP) Private Limited, a wholly owned subsidiary of Adani Green Energy has been awarded 390 MW of capacity in hybrid renewable energy project. The tender for which was floated by the Solar Energy […] Read more
CCEA approves proposal for setting up 12,000 MW grid-connected Solar Photovoltaic (PV) Power Projects Updated On Wed, Feb 6th, 2019 by Saurenergy The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister, Shri Narendra Modi, has approved the Ministry of New & Renewable Energy’s proposal for implementation of the Central Public Sector Undertaking (CPSU) Scheme Phase-llfor setting up 12,000 MW grid-connected Solar Photovoltaic (PV) Power Projects, by the Government Producers with Viability Gap Funding (VGF) support […] Read more
SECI Issues NIT for Deployment of RE Projects with Storage at Lakshadweep Updated On Mon, Feb 4th, 2019 by Saurenergy SPDs will also be responsible for the successful O&M of the project for a period of 10 years. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tenders (NIT) for deployment of Renewable Energy Projects along with a linked Battery Energy Storage System (BESS) in the Union Territory of Lakshadweep. The brief […] Read more
Ignored in the Budget, The Renewables Sector Needs Marketing Lessons Updated On Mon, Feb 4th, 2019 by Saurenergy With the ‘Interim’ Budget finally, behind us, it’s a good time for the renewables sector to take a look at just why the sector was ignored, more or less, when it comes to any major policy announcements in the budget. Of course, blaming ‘interim’ would be an easy way out. It’s clearly not a case […] Read more
Renewable Energy Industry Reactions on Interim Budget 2019 Updated On Fri, Feb 1st, 2019 by Saurenergy The industry was expecting a policy direction from the government to promote manufacturing, especially in the renewable energy sector in the background of the jobs crisis, which India faces. Surprisingly, this was completely missing from the budget, says Amit Gupta, Vikram Solar. India’s renewable energy industry was expecting lot of things from the present Modi […] Read more
Viz-A-Viz with Glenn Pearce Oroz, Director of Policy and Programmes, Sustainable Energy for All (SEforALL) Updated On Fri, Feb 1st, 2019 by Saurenergy Govt Sends Clear, Attractive Signal to Invest in India Research clearly shows that businesses and private investment flow into countries that have clear, robust policy and regulatory environments with long term targets. By prioritizing energy access, the government is sending a clear, attractive signal to business to invest in the Indian market, believes Glenn Pearce […] Read more
Siemens Gamesa to Supply 567 MW to Renew Power for 2 Wind Projects Updated On Fri, Feb 1st, 2019 by Saurenergy As per the deal, which is said to be one of the largest announced in the country, the wind turbine maker will provide the infrastructure needed to install and operate both wind power facilities to Indian IPP. Spanish wind turbines maker Siemens Gamesa Renewable Energy (SGRE) secured a new order from ReNew Power, India’s one […] Read more
Surat Municipal First to Use Solar Energy For Water Distribution Updated On Thu, Jan 31st, 2019 by Saurenergy According to sources, out of the total 6 MW of solar power plants, 4 MW is dedicated for water supply management. Surat has become the first city in India to not be dependant on electricity distributors for powering its water supply network. The Surat Municipal Corporation (SMC) is utilising solar power sourced from the city’s […] Read more
