Azure power raises 470 million dollars financing for its solar projects Updated On Tue, Nov 8th, 2016 by Saurenergy Azure Power, a leading independent power producer in the solar power sector in India, announces it has tied-up approximately US$ 470 million financing for its projects to be commissioned in 2017. This is one of the largest financing done till date in the Indian solar sector. With this tie-up Azure Power’s cumulative financial commitment to […] Read more
Poor implementation of net-metering policies poses a major challenge for rooftop solar Updated On Mon, Nov 7th, 2016 by Saurenergy India’s rooftop solar market has been growing rapidly with the country adding more capacity in the past 12 months than all previous years put together. However, grid interconnection regulations and processes remain challenging in most parts of the country despite almost all states announcing net- and/or gross-metering policies for rooftop solar. According to survey of […] Read more
Solar Parks in India: Scope, Status, Achievement, and Challenges Updated On Fri, Nov 4th, 2016 by Saurenergy India, with its large population and rapidly growing economy, needs access to clean, cheap and reliable sources of energy. The government with the Jawaharlal Nehru National Solar Mission has been promoting ecologically sustainable growth while addressing India’s energy security challenge. The Government of India’s ambitious plan to add 100 GW of solar capacity by 2022 […] Read more
IDFC Alternatives acquires three solar projects from Punj Lloyd Updated On Mon, Oct 24th, 2016 by Saurenergy The India infrastructure fund of IDFC Alternatives has bought three solar projects in Rajasthan and Punjab from Punj Lloyd Infrastructure as part of the company’s plan to set up a strong foothold in the renewable energy space through acquisitions — as much as 1 GW in a year or so. IDFC Alternatives signed the deal […] Read more
NTPC to set up 50 MW solar project in Andaman & Nicobar Island Updated On Fri, Oct 21st, 2016 by Saurenergy NTPC will be installing 50MW solar power projects with battery energy storage system at different locations in Port Blair in Andaman & Nicobar Island. A Memorandum of Understanding (MOU) has been signed between NTPC, Andaman & Nicobar Administration & Ministry of New and Renewable Energy in New Delhi. The power generated from the commissioned solar […] Read more
KEC International to expand the solar module capacity in India Updated On Mon, Oct 3rd, 2016 by Saurenergy KEC International, one of the leading manufacturers of electric power transmission towers and EPC solution provider for engineering procurement and construction is looking to tap the robust pipeline of solar projects in the country. The company is also manufacturing module mounting structures for solar plants. Rajesh Koolwal, Vice President, manufacturing, KEC International said, “The Rajasthan […] Read more
If the solar tariff increases then the demand of solar will go down which will impact the further capacity roll-out: Hindustan Power Updated On Fri, Sep 23rd, 2016 by Saurenergy The Clean energy arm of Hindustan Power is one of the leading India’s player in solar power generation. It has developed solar farms across the country and internationally. Hindustan Power played major role in changing the scenario of solar power in India. India’s first solar power plant of 5 MW capacity and the then Asia’s […] Read more
Interview With Manoj Gupta VP Solar Business, Fortum India Pvt Ltd Updated On Thu, Sep 22nd, 2016 by Saurenergy Fortum offers energy-related products and expert services to private and industrial customers and energy producers. Fortum’s target is to increase its solar power production significantly. The company’s first 5 MW solar PV plant is in Bhilwara, Rajasthan. Fortum’s second project, and its first greenfield solar plant, is a 10 MW Solar PV plant in Kapeli, […] Read more
IBC Solar acquires EPC for 22.5 MW solar park in India Updated On Fri, Sep 16th, 2016 by Saurenergy German photovoltaic (PV) systems specialist IBC Solar has signed an EPC contract for a 22.5-MWp photovoltaic (PV) park in the Indian state of Rajasthan. The construction will commence from October, and is expected to be commission by April 2017. Shailendra Bebortha, IBC Solar Projects Managing Director said that “With this project, IBC Solar India will […] Read more