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
Global Renewable Energy Investment Market to Grow at a CAGR Of 5.85%: Research and Markets Updated On Wed, Oct 26th, 2016 by Saurenergy Research and Markets has released a new report named “Global Renewable Energy Investment Market 2016-2020”. As per the report the global renewable energy investment market will grow at a CAGR of 5.85% during the period 2016-2020. The research firm notes that spending on utility-scale renewable energy projects will be a key trend for market growth. […] Read more
KSEB to cash in on renewable energy resources Updated On Wed, Oct 26th, 2016 by Saurenergy With the Centre meting out subsidies on renewable energy, Kerala is ambitiously working on solar-windmill hybrid system and newer models of windmills. The Kerala State Electricity Board renewable energy department is working on a solar-windmill hybrid system. This is a one-kilowatt system, where 600 watts would be generated using a micro windmill and a 400watt […] Read more
TPREL signs 100 MW PPA for solar project at Anantapuram with SECI Updated On Tue, Oct 25th, 2016 by Saurenergy Tata Power Renewable Energy Ltd (TPREL) has signed a Power Purchase Agreement (PPA) for a 100 MW solar project at Anantapuram solar park in Andhra Pradesh with the Solar Corporation of India (SECI). The Commercial Operations Date (COD) of the project as per the PPA is 16th October 2017. The project has been secured through […] Read more
Suzlon partners with Canadian Solar for 30 MW solar projects in Telangana Updated On Thu, Oct 20th, 2016 by Saurenergy Suzlon Group has partnered with Canadian Solar for two solar projects of 15 MW each at the sites of Ramannapet and Kamareddy, Telangana. Canadian Solar shall acquire 49% stake in Avighna Solarfarms Limited and Amun Solarfarms Limited, the special purpose vehicles (SPVs) setup by Suzlon for executing these projects. Canadian Solar shall provide its top […] Read more
Hartek Power secures 460 MW solar orders Updated On Thu, Oct 20th, 2016 by Saurenergy Hartek Power has announced that the company has bagged orders for commissioning of 460MW solar projects in the first half of the current financial year, registering an increase of 373% over last year when the company had secured 123MW orders. The 460MW orders secured by the Chandigarh based solar firm include 16 substation projects of […] Read more
India secures payment for 500MW SunEdison Solar Project Updated On Wed, Oct 19th, 2016 by Saurenergy State-owned Solar Energy Corp. of India said the government received fees needed for a 500-megawatt solar park, won by bankrupt renewable-energy developer SunEdison Inc., to go ahead. Solar-park charges of 2 billion rupees ($30 million) along with signed implementation agreements have been received, SECI Managing Director Ashvini Kumar said in an interview. SunEdison Energy India […] Read more
Huge growth forecasted for India’s solar sector Updated On Wed, Oct 19th, 2016 by Saurenergy India’s solar sector outlook is positive in view of a strong government support for the renewable energy sector to achieve the target of 40GW of installed rooftop solar power by 2022 along with high investor interest, says a report. “We maintain our view that inefficiencies in the power grid infrastructure, power supply shortages and the […] Read more
Kerala targets to add 600 MW of solar in next three years Updated On Sat, Oct 15th, 2016 by Saurenergy In an attempt to meet rising energy demand of the state, Kerala aims to get a huge boost as it plans to install another 600 MW of new solar over the next three years. As Kerala looks to satisfy its renewable purchase obligations, the decision to install 600 MW solar plants is a welcome for […] Read more
