Ministry of Commerce & Industry releases Make in India New and Renewable Energy Sector – Achievement Report Updated On Thu, Jan 19th, 2017 by Saurenergy The New & Renewable Energy sector has witnessed the highest ever-solar power and wind power capacity addition over the last two years since April 2014. The Government has set a target of 175 GW of renewable energy capacity by end of 2022, making it the largest expansion in the world and providing plenty of opportunities […] 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
ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India Updated On Wed, Jan 18th, 2017 by Saurenergy ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […] Read more
Solar Thermal Federation teams up with IGCC for three year Solar Payback project Updated On Wed, Jan 18th, 2017 by Saurenergy STFI will collaborate with IGCC for use of solar power thermal energy in industrial processes Solar Thermal Federation of India (STFI) and Indo-German Chamber of Commerce (IGCC) will jointly implement three-year support project for use of solar power thermal energy in industrial processes. “The STFI and IGCC have teamed up for the international ‘Solar Payback’ […] Read more
Boaz Augustin, Chairman and MD of Borg Energy India Arrested For Defrauding Firms Updated On Wed, Jan 18th, 2017 by Saurenergy Borg Energy India Pvt Ltd is subsidy of Borg Inc. USA which is the largest solar power equipment manufacturing company in the world Hyderabad Police has arrested Boaz Augustin, Chairman and Managing Director of Borg Energy India Pvt Ltd for defrauding various firms to the tune of about Rs 100 crore. Cybercrime police of Detective […] Read more
Amplus plans to Acquire Solar Power Firm Kiran Energy Updated On Wed, Jan 18th, 2017 by Saurenergy Amplus Energy, through investor I Squared Capital, plans to acquire Solar Power Firm Kiran Energy Amplus Energy Solutions Pvt. Ltd, which has offered to sell solar power at a record-low tariff, has evinced interest in acquiring Kiran Energy Solar Power Pvt. Ltd, as reported on Mint. Amplus, backed by US private equity (PE) firm I […] Read more
Solar Energy Can Add Value To Poverty Alleviation Efforts: Piyush Goyal Updated On Wed, Jan 18th, 2017 by Saurenergy Solar energy can help in poverty alleviation programmes as it can provide income to a large number of people having land but no income from it Power Minister Piyush Goyal at World Future Energy Summit 2017 in Abu Dhabi said Solar energy can help in poverty alleviation programmes as it can provide income to a […] Read more
750 MW Rewa Solar Power Project to Break New Ground Updated On Tue, Jan 17th, 2017 by Saurenergy The 750 MW solar powers tender for Rewa might break Rs 4 per unit barrier Bids for the proposed and much delayed 750 MW solar power tender in the Rewa district of Madhya Pradesh are expected to be submitted early next week although another extension still seems likely. The project is being tendered by Rewa […] Read more
SPML Infra wins orders to develop solar power projects across the nation Updated On Tue, Jan 17th, 2017 by Saurenergy SPML Infra bags New Orders of Rs 800 crore, including rooftop solar power plant SPML Infra Ltd. has bagged new orders worth Rs 800 crore for various projects for developing power substation, rooftop solar power plant, water and wastewater treatment and municipal solid waste management projects from different states across the country. The company’s Chairman […] Read more