Indian Solar Sector Witnessed $1.6 Billion In Funding And M&A Transactions In Q1 2017: Mercom Capital Updated On Thu, Apr 13th, 2017 by Saurenergy Mercom Capital in its report states that ReNew Power was the highest funded company raising VC (venture capital), debt and project funding during the quarter. Renewable Energy Minister Piyush Goyal recently informed Rajya Sabha that India has added 5525 MW solar power generation capacity last fiscal, taking the total from this clean source to 12288 […] Read more
IDFC Alternatives looking to buy First Solar’s 200 MW assets in India for $200 million: Report Updated On Thu, Apr 13th, 2017 by Saurenergy IDFC Alternatives is interested in acquiring First Solar’s 200 MW power generation assets price valued at around Rs 200 million. IDFC is reportedly in talk with First Solar to buy its 200 MW worth of renewable energy assets in India. Live Mint citing close sources to the development reports that IDFC Alternatives is interested in […] Read more
Solar Frontier Americas Sales 40 MW Solar Power Project to Dominion Updated On Wed, Apr 12th, 2017 by Saurenergy Midway II solar power project (sited on 320-acres northwest of Calipatria, California) is part of Solar Frontier Americas’ 106 megawatts (DC) Midway projects portfolio Solar Frontier Americas has announced that it has sold its 40 megawatts (DC) (30 megawatts AC), Midway II solar power plant to a subsidiary of Dominion Energy Inc. Dominion serves more […] Read more
Advanced Microgrid Solutions to Design, Install and Operate 40 MWh of AES Systems at Select U.S. Walmart Stores Updated On Wed, Apr 12th, 2017 by Saurenergy In the first phase of the project, AMS will install 40 megawatt hours (“MWh”) of advanced energy storage systems at 27 Walmart stores in Southern California Advanced Microgrid Solutions (“AMS”) has signed an agreement with Walmart Stores, Inc. to deploy it’s Hybrid Electric Building technology in select Walmart stores in the U.S. Under the agreement, […] Read more
Record Capacity Addition of Wind Power of 5400 MW in Last Fiscal Updated On Wed, Apr 12th, 2017 by Saurenergy Ministry of New and Renewable Energy (MNRE) has set another record in the wind power capacity addition by adding over 5400 MW in 2016-17 against the target of 4000 MW. This year’s achievement surpassed the previous higher capacity addition of 3.423 MW achieved in the previous year. The leading States in the wind power capacity […] Read more
Solar Power Tariff Touches a New Low of Rs 3.15 Levelised Rate Updated On Wed, Apr 12th, 2017 by Saurenergy After the record breaking Rs 2.97 per unit solar tariff for REWA solar plant, the Indian renewable market once again witnesses the all time low of Rs 3.15 per unit solar tariff in an auction of a 250 MW solar power project in Andhra Pradesh. The levelised solar power tariff has dropped to all time […] Read more
Fortum Plans to Commission 250 MW Solar Power Capacity Every Year Updated On Tue, Apr 11th, 2017 by Saurenergy Fortum has announced that the company will be adding at least 250 MW solar capacity in India every year. Finnish firm Fortum has commissioned a 70MW solar PV plant in Rajasthan, which it won last year at what was then a record low tariff of INR4.34/kWh, is now eyeing to set up at least 250 […] Read more
Indian Railways Plans to Setup Solar Power Plants at 8000 Stations Updated On Tue, Apr 11th, 2017 by Saurenergy The Indian Railway is working on the plan to make use of 500 MW of solar power plants in 8000 stations to meet its electricity needs and cut down carbon footprint. Indian Railways has planned to install 500 MW of solar power plant to meet the energy needs of more than 8000 stations in the […] Read more
India’s Solar Power Capacity Crosses 12 GW Updated On Tue, Apr 11th, 2017 by Saurenergy India has added 12 GW of solar capacity, of which 4800 MW has been contributed from rooftop and 7200 MW from large scale solar power projects. India added 5525 MW solar power generation capacity last fiscal, taking the total from this clean source to 12288 MW. The country has abundant solar power potential which has […] Read more
