Year End Review 2018 – MNRE Updated On Mon, Dec 10th, 2018 by Saurenergy India attains global 4th and 5th positions in wind and solar power installed capacities; India now at 5th global position for overall installed renewable energy capacity A total of 101.83 billion units of power were generated in the country during the year 2017-18 from renewable energy The Government has declared the trajectory of bidding 60 […] Read more
R K Verma Takes Charge as Technical Member in APTEL Updated On Mon, Dec 3rd, 2018 by Saurenergy Ravindra Kumar Verma has served in various capacities in Central Electricity Authority for more than 37 years and has rich and varied experience of power sector in generation, transmission, distribution and grid operation. The Ministry of Power said that Ravindra Kumar Verma has assumed the charge as Technical Member in the Appellate Tribunal for Electricity […] Read more
Rise of Renewable Energy to Put Competitive Pressure on Coal Plants: Fitch Updated On Thu, Nov 29th, 2018 by Saurenergy The report further said that the share of renewable energy sector will be further boosted by falling technology cost and increasing availability of cheaper finance. Despite the dominance of coal as a major source of electricity, a steady shift towards renewable energy is slated create competitive pressure on some thermal power plants, especially in developing […] Read more
Luminous’ WiFi Enabled Smart Home Inverter, LED Bulbs Updated On Thu, Nov 29th, 2018 by Saurenergy The company also launched Luminous Zelio WiFi, a wifi enabled inverter which can be connected to a smartphone with the Luminous app. Luminous recently launched products which are going to make your life a bit more awesome. Launching India’s first wall mounted smart power backup system having an innovative design, long life and no requirement […] Read more
Viz-A-Viz with Saikat Roy, MD & CEO, MyWay Energy and Lighting India Pvt Ltd Updated On Mon, Nov 26th, 2018 by Saurenergy Q. To begin with, please tell our readers more about myWay Solar and its contribution towards clean & green energy. Ravi Renewable and Lighting India Pvt Ltd (RREL) is an organization that tries to understand the pain points of the industry and works towards elimination of those difficulties. We have two divisions – Renewable and […] Read more
EIB Expands Cooperation with SBI in Wind Energy Financing Updated On Sat, Nov 24th, 2018 by Saurenergy With this collaboration, the promoters of wind projects in the country will benefit from long-term low cost financing under the dedicated EUR 600 million renewable energy financing programme that is already supporting large-scale solar investment across the country. The European Investment Bank (EIB) will increase its support for India’s wind energy projects by expanding the existing lending programmes […] Read more
World Bank signs agreement with Jharkhand and Central government for a $310 million loan Updated On Tue, Nov 20th, 2018 by Saurenergy The Jharkhand Power System Improvement Project will help build new power transmission infrastructure To provide affordable, reliable and 24×7 electricity to the citizens of Jharkhand, the state and the central government have signed an agreement with the World Bank for a loan of $310 million. The Jharkhand Power System Improvement Project will help build new […] Read more
GoI, ADB Lend $300 Mn via IIFCL to Fund Projects Including Renewables Updated On Sat, Nov 17th, 2018 by Saurenergy ADB funding is expected to fund at least 13 sub-projects through IIFCL, involving roads and renewable power generation, under the last tranche, says Kenichi Yokoyama. The Government of India (GoI) and Asian Development Bank (ADB) signed a USD 300 million loan agreement to support lending by India Infrastructure Finance Company (IIFCL). The Ministry of Finance […] Read more
India Ready to Share Renewable Energy Expertise: R K Singh Updated On Fri, Nov 16th, 2018 by Saurenergy The minister was talking to delegates of various countries during the seminar of ‘Know India Programme’. Taking a leadership role in the renewable energy domain, Union Power and New & Renewable Energy Minister R K Singh said that India is ready to share its expertise in renewable energy sector with small island nations. The minister […] Read more