ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India Updated On Wed, Jan 18th, 2017 by Saurenergy ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […] Read more
Four renewable energy projects in developing countries identified by ADFD and IRENA to receive $ 44.5 million funding Updated On Mon, Jan 16th, 2017 by Saurenergy ADFD’s funding will support a diverse set of renewable energy projects including a hybrid micro-grid project employing solar PV and advanced lithium-ion batteries, a hydropower project, integrated wind and solar, and a combination project consisting of micro-grid and solar home kits. Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) has […] Read more
sPower hits one gigawatt (GW) milestone for operating solar power projects before the end of 2016 Updated On Mon, Jan 9th, 2017 by Saurenergy In just the last 65 days, the company connected nearly 500MW of wind energy and solar power projects to the grid. sPower has announced that it has crossed the one gigawatt (GW) milestone for operating solar power projects before the end of 2016. This takes sPower’s total portfolio of operating renewable assets to 1,153 megawatts […] Read more
Hero Future Energies Raises USD 125 Million from World Bank’s private investment arm to fund RE projects Updated On Thu, Jan 5th, 2017 by Saurenergy HFE signed an agreement with IFC for the investment, the proceeds of which will be used to fund the construction of wind and solar power plants Hero Future Energies (HFE) has raised US$ 125 million in equity infusion from International Finance Corporation (IFC), the World Bank’s private investment arm. HFE signed an agreement with IFC […] Read more
NIWE to provide 100 internships in the field of wind and solar energy every year Updated On Tue, Jan 3rd, 2017 by Saurenergy NIWE-AAP will provide opportunities for the students to work with scientists/engineers on NIWE’s projects under WEI and DI National Institute of Wind Energy (NIWE) has announced that to encourage students choose renewable energy as their career option, it will provide 100 internships in the field of wind and solar energy every year. The internship will […] Read more
Gujarat Government to announce Solar-Wind Hybrid Policy 2017 Updated On Fri, Dec 30th, 2016 by Saurenergy Considering the advantages of integrated solar and wind power projects, the state government of Gujarat has decided to announce a new policy for such hybrid plants. It will be called Solar-Wind Hybrid Policy 2017. The government intends to invite suggestions from interested companies and other stakeholders for the proposed policy within a month. “The decision […] Read more
GARV-II Mobile App to track Rural Household Electrification and Citizen Engagement Window ‘SAMVAD’ Launched Updated On Wed, Dec 21st, 2016 by Saurenergy Union Minister of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal on Tuesday launched the ‘GARV–II’ App, as the next step in Government of India’s aim to provide access to electricity to all households in the country. The ministry notes that under this module, village–wise and habitation–wise base line data on household electrification for all States has been […] Read more
Government has Released Rs 1667.99 Crores for Installation of Solar Projects: Piyush Goyal Updated On Fri, Dec 9th, 2016 by Saurenergy Minister of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal in Lok Sabha on Thursday said that the total installed capacity in the country from solar power was 8727.64 MW and from wind power was 28279.40 MW as on 31.10.2016. He further stated that the Government has released Rs 1667.99 Crores […] Read more
Solar developers seems least interested for TANGEDCO’s solar projects Updated On Mon, Nov 28th, 2016 by Saurenergy In October, Tamil Nadu Generation and Distribution Corporation Limited floated a tender for 500 MW of utility scale solar projects. The tender received limited interest and that too predominantly from smaller developers who have submitted 20 bids totaling just 116 MW. This tender from TANGEDCO follows an allocation of approx. 1200 MW in early 2015 […] Read more
