SECI to set up grid connected 100 MW Solar PV projects across Chhattisgarh Updated On Wed, Mar 30th, 2016 by Saurenergy Solar Energy Corporation of India (SECI) on “Build Own Operate” basis is setting up grid connected 100 MW Solar PV projects under JNNUSM across Chhattisgarh claims a report. According to The Pioneer SECI will enter into Power Purchase Agreement (PPA) with the bidders to purchase solar power for a period of 25 years. Chhattisgarh Renewable […] Read more
Piramal, APG to invest USD 132 million in Essel Infra’s Solar IPP venture Updated On Wed, Mar 30th, 2016 by Saurenergy Piramal Enterprises and Dutch pension fund asset manager APG Asset Management will invest USD 132 million to power the Essel Infrastructure’s Solar IPP platform across India. Piramal Enterprises Limited will make the investment in Essel Green Energy, the solar arm of Essel Infraprojects Ltd through its Structured Investment Group. Essel Green Energy Private Ltd currently […] Read more
Solargise to invest Rs.900 crores to set up 500 MW module and cell manufacturing facility in Bengaluru Updated On Fri, Mar 25th, 2016 by Saurenergy Solargise India has signed MOU and EOI with government of Karnataka to invest over Rs. 3900 crores in the state and announced the commercial launch of operations has signed MOU and EOI with government of Karnataka to invest over Rs. 3900 crores in the state and announced the commercial launch of operations. The company said […] Read more
Greater Noida plans to turn waste land into power plant fueled by Sun Updated On Fri, Mar 25th, 2016 by Saurenergy The Greater Noida Industrial Development Authority (GNIDA) has announced to turn waste land into solar power plant. GNIDA will set up four solar plants of 1MW each on waste lands reports TOI. Currently six solar plants on rooftop of government buildings generate 2.65MW of solar power for the city. Waste lands for four plants will […] Read more
SunEdison finds difficult to get buyers for its projects in India Updated On Wed, Mar 23rd, 2016 by Saurenergy US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […] Read more
American financial institution to allocate $421 million to India for solar, internet projects Updated On Tue, Mar 22nd, 2016 by Saurenergy American financial institution to allocate $421 million to India for its solar and broadband projects reports PTI. It will enable the country to become a low carbon economy and expand the internet infrastructure. Last week US Government’s development finance institution, Overseas Private Investment Corporation (OPIC), sanctioned $250million to subsidiaries of ReNew Power Ventures Private Limited […] Read more
SolaireDirect bags 75MW solar power project in Uttar Pradesh Updated On Mon, Mar 21st, 2016 by Saurenergy French multinational electric utility company ENGIE through its subsidiary Solairedirect has won a 75 MW solar power project in Uttar Pradesh. The firm has quoted viability gap funding (VGF) of Rs.7.435 million/MW. Last week Solar Energy Corporation of India (SECI) awarded a 50MW project to Indian conglomerate RattanIndia Power in Allahabad, Uttar Pradesh with VGF […] Read more
Public and NBFCs commits investment of Rs 3.82 lakh crore for 76,352 MW Capacity – Piyush Goyal Updated On Fri, Mar 11th, 2016 by Saurenergy The indigenous renewable sectors have turned heads recently. With active participation from investors and integrators, India seems to lorry its promising solar mission. At the ongoing budget session of Parliament, New and Renewable Energy Minister Piyush Goyal elatedly states that public as well as private banks and non-banking finance companies (NBFCs) have committed for financing […] Read more
Solar Installation to well surpass 4GW in 2016, marking a 100% YoY Growth – Report Updated On Fri, Mar 11th, 2016 by Saurenergy The Indian solar sector is finally emerging from hibernation with solar installations doubling in 2015 after three years of flat growth, said Raj Prabhu, CEO and co-founder of Mercom Capital Group. Global clean energy communications and research firm cited that solar installations totaled 2,133 MW in 2015, up from 883 MW installed in 2014, which […] Read more
