Azure Power Raises $135 Mn via Debt Financing from IFC Consortium Updated On Fri, Jun 1st, 2018 by Saurenergy The company will use these proceedings to finance approximately 200 MWs of it’s solar rooftop projects across the country. Indian solar power producer Azure Power has raised USD 135 million through debt financing from a consortium led by International Finance Corporation (IFC). The IFC led consortium also includes other lenders like FMO – the Dutch […] Read more
Five Solar Photovoltaic Plants Coming Up in Karnataka Updated On Fri, Jun 1st, 2018 by Saurenergy The five new solar parks in India, located in the towns of Afzalpur, Chincholi, Holenarsipura, Nanjangund and Yelandur, will enter operation in September 2019. The plants are expected to generate around 215 GW a year which will help in reduction of 175,000 tons of Co2 emission. The project has a 25-year power-purchase agreement. In the […] Read more
Tata Power Joins Hand with Tata Motors to Make Maharashtra EV Ready Updated On Fri, Jun 1st, 2018 by Saurenergy Tata Motors has inked a Memorandum of Understanding (MoU) with the Maharashtra government to support the Maharashtra Electric Vehicle Policy (2018) in accelerating the adoption of Electric Vehicles in the state. Integrated power company Tata Power has joined hands with Tata Motors to make Maharashtra EV ready and to establish electric vehicle charging stations in the […] Read more
Vikram Solar Commissions 10 MW Solar Project in Madhya Pradesh Updated On Fri, Jun 1st, 2018 by Saurenergy The Ordnance Factory in Itarsi will use the power that is generated from this captive power plant. According to the company statement, it will be responsible for installation of that plant, and apart from that the company will also provide operations and maintenance (O&M) service to the plant for a period of 10 years from […] Read more
Radite Energy Wins 1.8 MW Rooftop Solar Project from Godrej & Boyce Updated On Thu, May 31st, 2018 by Saurenergy This is the single biggest order the company has ever bagged in the rooftop division. In a significant development, Gurgaon based Radite Energy has secured 1.875 MW rooftop solar project from Godrej & Boyce for Delhi NCR and Gujarat regions in the country. This is the single biggest order the company has ever bagged in […] Read more
Suzlon Energy Posts Q4 Net Loss at Rs 470 Cr; 340 MW Solar Projects Commissioned Updated On Thu, May 31st, 2018 by Saurenergy There is traction across all new and emerging segments in the sector as evidenced in several positive policy actions for offshore, wind‐solar hybrid, repowering, captive, and feed‐in‐tariff for small projects upto 25 MW, says Tulsi Tanti. Solar & other renewable energy solutions provider Suzlon Energy reported its consolidated net loss at Rs 469.85 crore in […] Read more
Freyr Energy Bags Award for Rural Electrification in Tribal Areas from C&I Ministry Updated On Wed, May 30th, 2018 by Saurenergy The company has bagged the award for its exemplary work done in electrification through 50 solar microgrids for tribal habitations in Andhra Pradesh. Hyderabad-based solar EPC company Freyr Energy has secured the Smart Village award at the 4th Smart Cities India 2018 Expo by ITPO – Ministry of Commerce & Industry, Government of India. The […] Read more
Enphase Energy Hires Ramesh SubbaRao as GM Commercial Operations India Updated On Wed, May 30th, 2018 by Saurenergy He will oversee the company’s commercial operations in the India region, with a focus on the country’s dominant commercial and industrial (C&I) segment. Solar microinverters provider Enphase Energy has appointed Ramesh SubbaRao as Vice President and General Manager, India Commercial Operations. He will oversee the company’s commercial operations in the India region, with a focus […] Read more
Enphase, Waaree Announce 4.5 MW Solar Installation in India Updated On Wed, May 30th, 2018 by Saurenergy This PV project will be the largest Enphase microinverter-based solar installation globally. California-headquartered Enphase Energy and India-based solar panel maker Waaree Energies has announced 4.5 MW PV project installation using Waaree Enphase AC modules in Hosapet, India. This PV project will be the largest Enphase microinverter-based solar installation globally. Further, the system’s owner, an independent […] Read more
