ReNew to Acquire Orange’s Portfolio in $950 Million Deal to Bulk Up Before IPO Updated On Wed, Jul 19th, 2017 by Saurenergy ReNew power is in in active discussions with Orange Renewable to acquire its portfolio of a little over 600 MW of predominantly wind and a smattering of solar assets for Rs 6175 crore ($950 million) of enterprise valuation, and has already submitted a non binding offer and is conducting diligence. Sumant Sinha led ReNew Power […] Read more
DRAGON’S EYE on LION’S PIE Updated On Tue, Jul 11th, 2017 by Saurenergy Alright! It gave mostly new narratives to apprehend the ‘Solar’ relation between India and China.The then thought China’s shabby rural-oriented solar program in the 1990s today throws an incremental progression amid the western economic powers. What can be more assertive to say that China is today global leader has divulged as the world’s largest renewable […] Read more
Secondary Solar Market in India Updated On Tue, Apr 18th, 2017 by Saurenergy with the rise of the solar market, there has been a constant pressure on Indian developers to churn their capital. To minimize the pressure the developers are laying the foundation for the advent of the secondary market for solar assets by shopping their rapidly growing solar projects to prospective investors. The merger and acquisition (M&A) […] Read more
NEXTracker to Manufacture Additional Structural Components of its Solar Tracking Systems in India Updated On Thu, Mar 16th, 2017 by Saurenergy NEXTracker’s demand has expanded rapidly in India with over 20 projects delivered or under fulfillment with six of India’s largest developers and EPCs. NEXTracker has announced that it will be manufacturing additional structural components of its solar tracking systems locally in India. By augmenting its supply partners to include APL Apollo Tubes Limited along with four other local steel fabricators […] Read more
NEXTracker, CleanMax Partners Eyes Big at Indian Solar Tracker Market Updated On Mon, Jan 23rd, 2017 by Saurenergy Extensive plans to foray into the Indian solar market, also partners with CleanMax for 30 MW grid-connected solar project Pinning the potential of trackers in the Indian solar industry, NEXTracker today shared a comprehensive overview on their current and future plans for India. The American single-axis major has also inked strategic partnership with CleanMax Solar […] Read more
NEXTracker, CleanMax Solar partners to Deliver Solar Power in Tamil Nadu Updated On Thu, Jan 19th, 2017 by Saurenergy The grid-connected solar power project will deliver energy to a major IT consumer in Chennai, under a long-term contract with CleanMax Solar NEXTracke has partnered with CleanMax Solar to supply 30 MW of its advanced NX Horizon single-axis trackers to a project in Tamil Nadu. The grid-connected solar power project will deliver energy to a […] Read more
India’s Two Renewable Energy Projects contributes towards Climate Battle Updated On Fri, Jan 6th, 2017 by Saurenergy Two world-leading renewable energy projects have opened in the Tamil Nadu contributing towards Climate Battle. A £3m industrial plant is capturing the CO2 emissions from a coal boiler and using the CO2 to make valuable chemicals. It is a world first. And just 100km away is the world’s biggest solar farm, making power for 150,000 […] Read more
Jharkhand To Sign PPAs For A Total Of 1.1 Gw Solar Projects By Third Week Of December: Report Updated On Thu, Dec 1st, 2016 by Saurenergy Jharkhand is expected to sign power purchase agreements (PPAs) for a total of 1.1 GW solar projects by the third week of December 2016. These solar PV projects were auctioned early this year but were stalled due to differences between DISCOMs and developers over the quoted tariff. A Jharkhand Renewable Energy Development Agency (JREDA) official […] Read more
Domestic firms dominated Jharkhand‘s 1.2 GW Solar Tender Updated On Fri, Mar 25th, 2016 by Saurenergy Jharkhand’s first bulk tender of solar power projects of 1.2GW received interest from Indian companies. The state issued tender to allocate 1200 MW of solar power projects to private developers in December last year. Early this month Results announced by the Jharkhand government shows bids placed by successful project developers range between Rs 5.08/kWh and […] Read more
