ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India Updated On Wed, Jan 18th, 2017 by Saurenergy ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […] Read more
Recurrent Energy Announces Commercial Operation of Two Solar PV Projects in California Updated On Wed, Jan 18th, 2017 by Saurenergy The two solar pv projects 100 MWac/131 MWp Astoria and 75 MWac/100 MWp Astoria 2 is located in Kern County, California Recurrent Energy, a wholly owned subsidiary of Canadian Solar has reached commercial operation of two solar PV projects in California. The two solar photovoltaic projects 100 MWac/131 MWp Astoria and 75 MWac/100 MWp Astoria […] Read more
Solar Thermal Federation teams up with IGCC for three year Solar Payback project Updated On Wed, Jan 18th, 2017 by Saurenergy STFI will collaborate with IGCC for use of solar power thermal energy in industrial processes Solar Thermal Federation of India (STFI) and Indo-German Chamber of Commerce (IGCC) will jointly implement three-year support project for use of solar power thermal energy in industrial processes. “The STFI and IGCC have teamed up for the international ‘Solar Payback’ […] Read more
Boaz Augustin, Chairman and MD of Borg Energy India Arrested For Defrauding Firms Updated On Wed, Jan 18th, 2017 by Saurenergy Borg Energy India Pvt Ltd is subsidy of Borg Inc. USA which is the largest solar power equipment manufacturing company in the world Hyderabad Police has arrested Boaz Augustin, Chairman and Managing Director of Borg Energy India Pvt Ltd for defrauding various firms to the tune of about Rs 100 crore. Cybercrime police of Detective […] Read more
Luminous Regalia wall-mounted power backup system launched in India Updated On Wed, Jan 18th, 2017 by Saurenergy Luminous Regalia enable users to stay connected using Wi-Fi and access information and diagnostics via their smartphones Luminous Power Technologies has announced the launch of wall-mounted power back-up system named Luminous Regalia. The Company is touting it as the most compact power back-up system available in India. The new product from the house of Luminous comes […] Read more
Amplus plans to Acquire Solar Power Firm Kiran Energy Updated On Wed, Jan 18th, 2017 by Saurenergy Amplus Energy, through investor I Squared Capital, plans to acquire Solar Power Firm Kiran Energy Amplus Energy Solutions Pvt. Ltd, which has offered to sell solar power at a record-low tariff, has evinced interest in acquiring Kiran Energy Solar Power Pvt. Ltd, as reported on Mint. Amplus, backed by US private equity (PE) firm I […] Read more
Solar Energy Can Add Value To Poverty Alleviation Efforts: Piyush Goyal Updated On Wed, Jan 18th, 2017 by Saurenergy Solar energy can help in poverty alleviation programmes as it can provide income to a large number of people having land but no income from it Power Minister Piyush Goyal at World Future Energy Summit 2017 in Abu Dhabi said Solar energy can help in poverty alleviation programmes as it can provide income to a […] Read more
Tata Power Become Largest Renewable Energy Company In India with 3,060 MW operating capacity Updated On Tue, Jan 17th, 2017 by Saurenergy The company is also in the process of implementing nearly 500 MW of renewable power projects at various locations. Tata Power announced that the Company’s total generation from non-fossil operating capacity stands at 3060 MW, making it the largest renewable energy Company in India. The company’s renewable energy portfolio comprises of 693 MW of Hydro, […] Read more
750 MW Rewa Solar Power Project to Break New Ground Updated On Tue, Jan 17th, 2017 by Saurenergy The 750 MW solar powers tender for Rewa might break Rs 4 per unit barrier Bids for the proposed and much delayed 750 MW solar power tender in the Rewa district of Madhya Pradesh are expected to be submitted early next week although another extension still seems likely. The project is being tendered by Rewa […] Read more
