SECI Issues RfS for 1200 MW Wind-Solar Hybrid Projects Updated On Wed, Jan 15th, 2020 by Saurenergy SECI has issued a Request for Selection (RfS) for setting up of a 1200 MW ISTS-Connected solar-wind hybrid power projects in India under Tranche-III. The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) for setting up of a 1200 MW ISTS-Connected solar-wind hybrid power projects in India under Tranche-III. The […] Read more
AB Inbev, Baywa Ink Biggest Ever European Corporate Solar Deal Updated On Thu, Jan 9th, 2020 by Saurenergy Belgian beer giant AB InBev has entered into solar power purchase agreement (PPA) with BayWa r.e., global renewable energy developer, for its European brewing operations. The move came as the beer giant wants to power its European operations with 100 percent renewable electricity. As per the 10-year Virtual Power Purchase Agreement (VPPA), Munich based Baywa […] Read more
Solar Installations to Grow by 142 GW in 2020, 14 GW in India: Report Updated On Wed, Jan 8th, 2020 by Saurenergy According to a new report global annual solar installations in 2020 will reach 142 gigawatts (GW), recording a 14 percent rise over the previous year. Global solar installations will continue double-digit growth rates into the new decade, according to the new “2020 Global Photovoltaic (PV) Demand Forecast” by IHS Markit. New annual installations in 2020 […] Read more
MNRE Shares List of Insurance Providers for Solar Power Plants Updated On Wed, Jan 8th, 2020 by Saurenergy With an aim to provide some relief to solar energy industry stakeholders, the Ministry of New and Renewable Energy (MNRE) has shared a list of those insurers who are currently offering products covering various risks associated with the solar power plants. The MNRE said in a statement that it had taken up with the Department […] Read more
KPI Global Commissions Addl 1.2MW Solar Project in Gujarat Updated On Tue, Jan 7th, 2020 by Saurenergy Gujarat-based KPI Global Infrastructure Ltd has commissioned its additional 1.2 MW solar power project in Gujarat under captive power producer (CPP) category. The project, situated at Sudi village in Bharuch district of Gujarat, has been commissioned effective from November 29, 2019. For this, the company has received the Certificate of Commissioning from Gujarat Energy Development […] Read more
SBI Issues Empanelment Tender for Solar Projects for Hyderabad Circle Updated On Mon, Jan 6th, 2020 by Saurenergy The last date and time of bid submission is January 21, 2020 at 3:00 p.m. SBI Infra Management Solutions Pvt Ltd (SBIIMS), a wholly owned subsidiary of country’s largest lender State Bank of India (SBI), has invited applications for the empanelment of contractors for grid connected solar plant for its branches and offices that comes […] Read more
India Extends $75 mn LOC to Cuba for Solar Projects Updated On Sat, Jan 4th, 2020 by Saurenergy India has extended a LOC of USD 75 million to Cuba for financing solar projects after the agreement between Exim Bank and Banco Exterior De Cuba came into effect. India has extended a line of credit (LOC) of USD 75 million (Rs 500 crore) to Cuba for financing solar projects. An agreement signed between Export-Import Bank of India (Exim Bank) […] Read more
TERI Develops Blockchain-Enabled Prototype for Solar Power Trading Updated On Thu, Jan 2nd, 2020 by Saurenergy TERI has developed a prototype platform to facilitate peer-to-peer trading of solar energy among consumers in the same neighbourhood. The Energy and Resources Institute (TERI) has announced that it has developed a platform to facilitate peer-to-peer transactions of solar energy among consumers in the same neighbourhood. The prototype which utilises blockchain for the execution of […] Read more
Growth of Solar Rooftop in India Updated On Mon, Dec 30th, 2019 by Saurenergy At a time when the world is facing global warming and the burden on natural resources is increasing there’s a need to switch massively towards cleaner forms of energy such as solar power. Many developed economies in the world have already started their solar programmes by targeting household rooftops. Also, solar power has reached grid […] Read more