Indian Solar Sector Witnessed $1.6 Billion In Funding And M&A Transactions In Q1 2017: Mercom Capital Updated On Thu, Apr 13th, 2017 by Saurenergy Mercom Capital in its report states that ReNew Power was the highest funded company raising VC (venture capital), debt and project funding during the quarter. Renewable Energy Minister Piyush Goyal recently informed Rajya Sabha that India has added 5525 MW solar power generation capacity last fiscal, taking the total from this clean source to 12288 […] Read more
Cochin International Airport to Double its Solar Capacity Updated On Thu, Apr 13th, 2017 by Saurenergy Cochin International Airport in southern India that is powered with a 15.5 MW solar power plant will soon see an expansion. The further expansion will make the airport as the world’s first to be powered solely by solar power. Back in 2015, Cochin International Airport Limited, the company that operates the airport in the southern […] Read more
All 193 lighthouses across India have been solarized: Ministry of Shipping Updated On Wed, Apr 12th, 2017 by Saurenergy The complete solarization of Lighthouses is expected to reduce approximately 6000 Kg of greenhouse gases per day. Last year in October Directorate General of Lighthouse & Lightships (DGLL) announced that in order to reduce emission of CO2, it has decided to replace the conventional source of energy used at lighthouses with solar power for its […] Read more
Amaranto Launches Solar Investment Arm in India Targeting the Acquisition of 500 MW by 2018 Updated On Wed, Apr 12th, 2017 by Saurenergy Already active in India since 2016, Amaranto acquires 110 MW solar power project and aims to build 500MW of solar PV projects in various Indian states over the next three to four years. Renewable energy firm Amaranto Group has launched an investment arm; Amaranto Solar Power India dedicated to acquiring Solar PV projects in the […] Read more
Solar Power Tariff Touches a New Low of Rs 3.15 Levelised Rate Updated On Wed, Apr 12th, 2017 by Saurenergy After the record breaking Rs 2.97 per unit solar tariff for REWA solar plant, the Indian renewable market once again witnesses the all time low of Rs 3.15 per unit solar tariff in an auction of a 250 MW solar power project in Andhra Pradesh. The levelised solar power tariff has dropped to all time […] Read more
Exclusive Interview with Andrew Hines, Business Development Head – South India, CleanMax Solar Updated On Tue, Apr 11th, 2017 by Saurenergy In an exclusive interview with Niloy Banerjee, Andrew Hines, Business Development Head – South India, CleanMax Solar share about his experience with India Solar Conference 2017, why rooftop segment in India is backing off, current projects, basic challenge in rooftop segment and more. Read more
Fortum Plans to Commission 250 MW Solar Power Capacity Every Year Updated On Tue, Apr 11th, 2017 by Saurenergy Fortum has announced that the company will be adding at least 250 MW solar capacity in India every year. Finnish firm Fortum has commissioned a 70MW solar PV plant in Rajasthan, which it won last year at what was then a record low tariff of INR4.34/kWh, is now eyeing to set up at least 250 […] Read more
Hartek bags 1,025 MW solar grid EPC orders in FY17 Updated On Tue, Apr 11th, 2017 by Saurenergy Hartek Power will provide complete turnkey solutions for these projects and execute post-inverter works covering the design, engineering, supply, installation, automation and commissioning of the power plant electrification Chandigarh based Hartek Power has announced that its solar grid EPC order size increased by 733 per cent to 1,025 MW in 2016-17, compared to 123 MW […] Read more
Foundation stone laid for 25 MW of Solar Power Projects in Andaman and Nicobar Updated On Tue, Apr 11th, 2017 by Saurenergy The Union Home Minister laid the foundation stone for the Solar Power Projects of 17 MW capacity at Manglutan and 8 MW capacity at Chidiyatapu, in South Andaman Home Minister Rajnath Singh recently laid foundation stones for NTPC Ltd’s solar projects aggregating 25 MW in Andaman & Nicobar. The Union Home Minister laid the foundation […] Read more
