Indian Government sanctions Rs 30 crore for solar cities programme Updated On Thu, Dec 15th, 2016 by Saurenergy Funds worth over Rs 30 crore have been sanctioned to 21 states and union territories under the solar cities development programme. These funds were sanctioned during the last three years till November 30 this year. Out of the total sanctioned amount of Rs 30.36 crore under the ‘Development of Solar Cities Programme’ for 21 states […] Read more
Hindustan Zinc to set up 155 MW solar project, to invest Rs 630 crore Updated On Thu, Dec 8th, 2016 by Saurenergy Hindustan Zinc Ltd (HZL) has announced that it is foraying into solar energy business and will set up 115 MW of solar energy projects with an investment of Rs 630 crore. The company led by billionaire Anil Agarwal already produces 474 MW of thermal power and 274 MW of wind energy. HZL CEO Sunil Duggal […] Read more
SMA Solar receives order for 616MW of solar inverters from Greenko in India Updated On Tue, Dec 6th, 2016 by Saurenergy SMA Solar Technology AG (SMA) and Greenko Energies Pvt Ltd, a market leader, owner and operator of clean energy projects in India, have signed contracts for the supply of 616 MW of Sunny Central 1000CP XT inverters from SMA. With the inverters, Greenko will realize PV power plants in the Indian states of Karnataka and […] Read more
Solar power tariff hits all time low at Rs. 3 per unit Updated On Wed, Nov 30th, 2016 by Saurenergy The solar tariff has fallen to an all—time low of Rs. 3 per unit, which was quoted by Amplus Energy Solutions in an auction for rooftop solar power conducted by Solar Energy Corporation of India (SECI). “In a move that will offer the cheapest power from solar rooftop plants, Amplus Energy Solutions has won a […] Read more
1 MW of solar plant at Karnataka’s NIT to get commissioned Updated On Fri, Nov 11th, 2016 by Saurenergy The National Institute of Technology – Karnataka (NIT-K) at Surathkal has emerged the front-runner among 31 NITs in the country to have a roof-top solar-power project with an installed capacity of 1 MW. The 1-MW of solar project on the roof of 11 buildings will be formally commissioned on 12th November 2016. K.N. Lokesh, Director […] Read more
Azure power raises 470 million dollars financing for its solar projects Updated On Tue, Nov 8th, 2016 by Saurenergy Azure Power, a leading independent power producer in the solar power sector in India, announces it has tied-up approximately US$ 470 million financing for its projects to be commissioned in 2017. This is one of the largest financing done till date in the Indian solar sector. With this tie-up Azure Power’s cumulative financial commitment to […] Read more
Poor implementation of net-metering policies poses a major challenge for rooftop solar Updated On Mon, Nov 7th, 2016 by Saurenergy India’s rooftop solar market has been growing rapidly with the country adding more capacity in the past 12 months than all previous years put together. However, grid interconnection regulations and processes remain challenging in most parts of the country despite almost all states announcing net- and/or gross-metering policies for rooftop solar. According to survey of […] Read more
Gamesa to build 130MW of two solar projects in India Updated On Wed, Oct 26th, 2016 by Saurenergy Gamesa has signed a deal with Indian developer Atria Power for the construction of 130 MW of solar power at two locations in Andhra Pradesh and Karnataka. This is the largest solar order received by the Gamesa since it entered the Indian Solar market sector last year. The Spanish wind turbine manufacturer will develop two […] Read more
Hartek Power eyes for substation orders of 500 MW solar in South India Updated On Fri, Sep 23rd, 2016 by Saurenergy Hartek Power, one of the top solar solution providers is expecting orders of setting 500 MW of substations in states like Andhra Pradesh, Telangana and Karnataka in the next fiscal. Company’s Chairman and Managing Director Hartek Singh said, “Considering the growing opportunities in the South, we are going all out to consolidate our operations in […] Read more
