Everstone Group, Lightsource BP Form 50:50 JV to Invest in Indian Green Infrastructure Updated On Thu, Apr 19th, 2018 by Saurenergy The newly formed JV will provide the funds with the financial and strategic resources of the partners aiming to create successful green energy businesses in partnership with local management teams. Indian private equity fund Everstone Group and British solar parks developer Lightsource BP has formed a 50:50 Joint Venture (JV) called ‘EverSource Capital’ to jointly […] Read more
UP Discoms May Buy Solar Power from Rajasthan Updated On Sat, Apr 14th, 2018 by Saurenergy There is an expectation of about 1500 MW power generation in coming months from Bhadla solar park. The power distribution companies of Uttar Pradesh likely to purchase solar power from Rajasthan, as the government in Rajasthan is adding to its capacity of solar power and will sell surplus power to the neighbouring state. There is […] Read more
GVMC Kicks off Construction of 2MW Floating Solar Farm at Mudarsarlova Reservoir Updated On Fri, Apr 13th, 2018 by Saurenergy The reservoir, which is one of the oldest parks in Coastal Andhra, provides around one million gallons of drinking water per day to Visakhapatnam. The Greater Visakhapatnam Municipal Corporation (GVMC) has kick-started the construction of a 2MW floating solar farm at Mudarsarlova reservoir in Andhra Pradesh. The reservoir, which is one of the oldest parks in Coastal Andhra, provides around one […] Read more
Azure Power Wins 130 MW Solar Power Projects Updated On Thu, Mar 22nd, 2018 by Saurenergy Azure Power will supply power to the electricity supply companies of Karnataka (ESCOMs) for 25 years at a tariff of INR 2.93 per kWh. This brings our portfolio in Karnataka to about 250MW, which is one of the largest portfolios in the state. Azure Power has won a cumulative capacity of 130 MW at a […] Read more
NEXTracker Successfully Delivers 754 MW Solar Trackers to Villanueva PV Proj in Mexico Updated On Mon, Mar 19th, 2018 by Saurenergy The 754 megawatts (MW) of solar trackers once operational, will generate enough energy to supply 1.3 million households and offset more than 780,000 tons of carbon emissions yearly. NEXTracker, a Flex company, has successfully delivered 754 megawatts (MW) of solar trackers to the Villanueva solar project—the largest solar facility in the Americas, located in Torreón, Mexico. […] Read more
Jolywood Partners with Solar Systems to Develop Sustainable Energy in Ukraine Updated On Mon, Mar 19th, 2018 by Saurenergy Jolywood and Solar Systems aim to achieve a total sales and installation of 100 MW high-efficiency N-type bifacial solar panels within three years. Jolywood, a leader in the research and development and mass production of N-type bifacial solar cells, has recently entered a business partnership with Solar Systems, a Ukrainian engineering company. The two […] Read more
Mahindra Renewables gets Rs 750 cr Assistance from Yes Bank for Rewa Solar Proj Updated On Sat, Mar 17th, 2018 by Saurenergy This project also demonstrates Mahindra Group’s commitment and focus towards renewable energy by partnering with leading banks like Yes Bank, which has a significant renewable energy footprint, says Zhooben Bhiwandiwala. Mahindra Renewables has achieved financial closure for its 250 MW solar power project, to be located in Rewa district of Madhya Pradesh with Yes Bank for […] Read more
Mirzapur Solar Plant gets Rs 74.25 lk per MW Viability Gap Funding from Govt Updated On Thu, Mar 15th, 2018 by Saurenergy The electricity generated by the project will be supplied by ENGIE at the rate of Rs 4.43 per unit for a period of 25 years. The Mirzapur’s 75 MW solar power plant, set-up by the French firm ENGIE at a cost of around Rs 528 crore, has got Rs 74.25 lakh per MW Viability Gap […] Read more
Policy measures for promotion of new & renewable energy Updated On Thu, Mar 15th, 2018 by Saurenergy Total capacity of 65 GW renewable energy installed in the country so far The Government of India has undertaken a number of policy measures for increasing share of renewable energy in India’s energy mix. These, inter-alia, include: a) Provision of Renewable Purchase Obligation (RPO) under the National Tariff Policy; b) Notification of the long term […] Read more
