Rs 2,800 Cr To be Invested in Madhya Pradesh Based Solar Park by IFC Updated On Thu, Jan 11th, 2018 by Saurenergy Continues of the speculation by IFC will be utilized for the development, operation, and upkeep of the solar plant. In one of the greatest arrangements in the sustainable power source space, International Finance Corporation (IFC), some portion of World Bank gathering, is near contributing $440 million or Rs 2,800 crore in Rewa Ultra Mega Solar […] Read more
FMO, OPIC with Others Invests Rs 95 Cr in Orb Energy Updated On Wed, Jan 10th, 2018 by Saurenergy Based out of Bengaluru, Orb gives solar energy frameworks, for example, solar panels and water radiators and has sold more than 150,000 frameworks in India since commencement in 2006. Solar energy systems producer Orb Energy has raised over Rs 95 crore ($15 million) in a section value and part-obligation round from the Dutch improvement bank […] Read more
Uttar Pradesh to Invite Bids for 100 MW Solar Power Projects in March Updated On Wed, Jan 10th, 2018 by Saurenergy According to a senior state ministry official the bids are for solar projects on open access basis to be set up in the Bundelkhand region. Boosted by the successful implementation of solar projects in states like Karnataka and Gujarat, the Uttar Pradesh government is planning to invite bids for 100 MW of solar power projects […] Read more
ReNew Power Raises Rs 2,235 Crore From NCD Updated On Wed, Jan 10th, 2018 by Saurenergy The issuance comes in two parts: the first, a credit enhanced NCD worth Rs 760 crore and the second, a multi-issuer cross-collateralised rupee bond involving multiple power distribution companies. ReNew Power Ventures Pvt. Ltd, one of India’s leading clean energy companies, has stated the closure of the issue of non-convertible debentures (NCDs) collectively worth Rs […] Read more
Gujarat Canal Solar Panel Project to be Adopted By Uttar Pradesh Updated On Wed, Jan 10th, 2018 by Saurenergy The canal solar power project was first propelled in Gujarat by setting up solar panels crosswise over channels of the Narmada waterway to create 1 MW of power. Removing a leaf from Gujarat’s book on creating solar power utilizing water waterways, the Uttar Pradesh government has chosen to use its channels for this too. It additionally plans […] Read more
MYSUN Founder and CEO Wins 11th Edition of ENERTIA Award Updated On Wed, Jan 10th, 2018 by Saurenergy MYSUN’s Gagan Vermani was felicitated at the 11th edition of the Prakashmay ENERTIA Awards, 2017, which was held at the SCOPE Convention Centre. MYSUN Founder and CEO, Gagan Vermani has received the prestigious ‘Power and Energy Persona of the Decade – Innovative work in Decentralised & Distributed Solar’ ENERTIA Award. The award, which recognizes excellence in sustainable […] Read more
India Ponders 70% Safegaurd Obligation on Solar Hardware Imports Updated On Tue, Jan 9th, 2018 by Saurenergy India has yearly assembling limit with regards to solar cells of around 3 gigawatts as against the necessity of 20 GW. India has proposed to demand a 70 percent for every penny shield obligation on the import of solar power gear from nations like China for 200 days to shield the domestic industry from “genuine damage”. […] Read more
Azure Power Wins 200 MW in SECI Auction Updated On Tue, Jan 9th, 2018 by Saurenergy Azure Power will sign a power purchase agreement with SECI to supply power at a tariff of INR 2.48 per kWh for 25 years Azure Power one of India’s leading independent solar power producers, announced it has won a 200 megawatt (MW) solar power project through an auction conducted by Solar Energy Corporation of India […] Read more
Annulled: NTPC Forced to Cancel 250 Megawatt October 2017 Solar Auction Updated On Tue, Jan 9th, 2018 by Saurenergy Anand Kumar who is the Secretary in Ministry of new and renewable energy confirmed that the solar auction had been annulled. Solar auction has been annulled forcefully. NTPC has been forced to cancel the result of its 250 mw solar auction held in October last year, which was won by Azure Power quoting a tariff […] Read more
