Greenko Agrees to Buy Orange Renewables for $1 Billion Updated On Mon, Jun 4th, 2018 by Saurenergy The acquisition would mean Greenko standing at par with ReNew Power in terms of the total operating capacity of nearly 4.3 GW. It will surpass the Tata Power who has generated the total of 2 GW from renewable energy so far. With the acquisition of solar and wind portfolio of Orange Renewables for $1 billion, […] 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
India Set to Join China as Global Leaders in Renewables, says Report Updated On Tue, May 22nd, 2018 by Saurenergy According to US based research institute, India’s “scheme for development of solar parks is becoming a successful model to attract foreign capital.” Furthermore, the report added the “Solar is Driving a Global Shift in Electricity Markets.” Much like China, India is poised to become global giant in renewable energy technology-led transformation thus making them two […] Read more
Andhra’s Anantapur Soon to Get Energy University Updated On Mon, May 21st, 2018 by Saurenergy To take the final decision on establishing the energy university in temporary building S S Mantha has sent a detailed report to the state government who will take the final call on the issue. All the weight is being put behind setting up an Energy University in Andhra Pradesh’s Anantapur district where graduate and postgraduate […] Read more
SB Energy Wins 200 MW Auction in Karnataka Updated On Sat, May 19th, 2018 by Saurenergy The only competitor in the bidding of new projects was Tata Power Renewable Energy. Tata’s bid for the projects was Rs 2.83 per unit, which is one paisa more than that of SB Energy. Auctioned by Solar Energy Corporation of India (SECI), SB Energy has bagged entire 200 MW of solar projects at a tariff […] Read more
Rooftop Solar Grids: New Trend in AP District Vizag Updated On Sat, May 19th, 2018 by Saurenergy The Andhra Pradesh Central Power Distribution Company Limited (APEPDCL) revealed that till February of this year, 563 rooftop solar grids were synchronized with the grid providing a total capacity of 6,837 kW with another 736 units of 3,651 kW capacity in pipeline. The solar power development in the city of Vizag in Andhra Pradesh is […] Read more
Azure Power Hits another Milestone; Surpasses 1 GW of Operating Solar Capacity Updated On Tue, May 15th, 2018 by Saurenergy This milestone was achieved with the company’s recent commissioning of a 50 MW project in Andhra Pradesh. Adding another feather in the cap, Indian solar power producer Azure Power has enhanced its portfolio by surpassing 1 GW of operating solar capacity. The achievement has made it one of the largest solar power companies in India. Further, […] Read more
Andhra Pradesh to Give Farmers Power to Sell Power Updated On Mon, May 14th, 2018 by Saurenergy The project will be launched on a pilot basis in Visakhapatnam, Vizianagaran and Srikakulam district. The first 75,000 solar pump sets worth Rs 3.5 lakh each will be provided to farmers in these districts. On an estimate the pilot project will cost around Rs 2,625 Crore. Andhra Pradesh government is planning to initiate a scheme […] Read more
HNPCL Acquires Mumbai-Based Solar Firm for Rs 1,000 Cr Updated On Mon, May 14th, 2018 by Saurenergy Last year Andhra Pradesh-based thermal energy company, HNPCL, had initiated talks to purchase Kiran Energy, which is having an operational portfolio of around 85 MW now. Hinduja Group flagship firm Hinduja National Power Corporation Ltd (HNPCL) has acquired Mumbai-based Kiran Energy Solar Power for about Rs 1,000 crore, as revealed by the two sources close […] Read more