IDFC Alternatives to Acquire First Solar’s India portfolio for Rs 1950 Crore Updated On Mon, Jul 31st, 2017 by Saurenergy IDFC infrastructure will acquire entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India for around $300 million. The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects […] Read more
Government Extends Projects deadline Granting Major Relief to the Solar Power Developers Updated On Mon, Jul 31st, 2017 by Saurenergy Developers had raised an alarm over a letter from the Ministry of New and Renewable Energy (MNRE) this month directing all states to strictly enforce deadlines for solar projects, eschewing extensions. The government has granted major relief to solar power developers, allowing deadlines for project development to be extended in cases where there were delays […] Read more
CleanMax Solar Eyes 40 Percent Revenue from Overseas Business in Three Years Updated On Mon, Jul 31st, 2017 by Saurenergy While CleanMax Solar continue to grow in India in the rooftop and open access solar power segment, we are pursuing growth in international markets mainly the Middle East and South-East Asia. We are currently looking at the UAE market and soon we will spread our presence in the other countries. Looking to tap the growing […] Read more
Plug and Play Partners with Siemens to Launch New Energy & Sustainability Innovation Platform Updated On Sat, Jul 29th, 2017 by Saurenergy The collaboration with Plug and Play as a member in the new energy program is a key initiative for Siemens to develop the relationship with leading startup companies in the energy and adjacent markets. Siemens is participating in the newly founded Plug and Play Energy & Sustainability Program, which focuses on new technologies that can […] Read more
Delhi Metro on Track to Become 100 Percent Green Updated On Sat, Jul 29th, 2017 by Saurenergy The Delhi Metro Rail Corporation received the green certificates for its Phase-3 stations, depots, and sub-stations said a statement, and have now become only completely ‘green’ Metro system in the world for adhering to green building norms for its residential colonies. Delhi Metro has become the only completely ‘green’ Metro system in the world for […] Read more
Andhra Pradesh and Rajasthan Leaves Tamil Nadu Behind in Installed Solar Capacity Updated On Sat, Jul 29th, 2017 by Saurenergy Statistics show only 630 MW of solar power was installed in Tamil Nadu in 2016-17 against 919.24 MW in 2015-16. Unlike Andhra Pradesh, which acquires land for solar parks, Tamil Nadu leaves developers the land acquisition responsibility, which takes time. Ministry of new and renewable energy data, released in the Lok Sabha, shows that at […] Read more
Consul Neowatt’s Sunbird Solar Inverter Selected for India’s largest Battery Based Solar Project in UP Updated On Fri, Jul 28th, 2017 by Saurenergy UP Sabzi Mandi project will cover 16 locations in the state and locations will be fitted with multiple units of 150kw to 400kW Sunbird solar PCUs to be self-sufficient for uninterrupted power supply. Consul Neowatt, the global Indian UPS company today shared that it has received the approvals for execution of one of the largest […] Read more
Azure Power Assigned Highest Accreditation Rating by ICRA Updated On Fri, Jul 28th, 2017 by Saurenergy While assigning the rating ICRA considered Azure Power’s strong track record of project execution, its well qualified and experienced management, technical competence, quality of suppliers and ties-up, and strong financial profile. Azure Power, a leading independent solar power producer in India, has been assigned SP 1A rating by ICRA, one of India’s leading rating agencies. […] Read more
India Aspiring For Global Leadership in Climate Action: Anand Mahindra Updated On Fri, Jul 28th, 2017 by Saurenergy Heavy investment in solar and wind has helped drive down costs of electricity to a point where, in many places, renewable sources can generate electricity more cheaply than conventional sources such as coal. India is aspiring for a global leadership in climate action and has set an “ambitious” goal of receiving 40 per cent of […] Read more
