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
TANGEDCO releases tenders for solar projects Updated On Fri, Oct 21st, 2016 by Saurenergy Tamil Nadu Generation and Distribution Corporation Limited has released tenders for solar power projects in 2016-17. This is the first time the distribution company has floated tenders for solar projects, while the previous ones were scrapped by Tamil Nadu Electricity Regulatory Commission in 2014. Since then TANGEDCO has been signing MoUs at a fixed tariff […] Read more
Suzlon collaborates with Unisun Energy for 15 MW Solar Project in Telangana Updated On Thu, Oct 20th, 2016 by Saurenergy Suzlon Group has announced a joint venture with the Unisun Energy Group for the development and construction of a 15MW Solar PV Project located at Bhainsa, Adilabad District, Telangana. According to the contract signed between Suzlon Group and the Unisun Energy Group on August 22, 2016, the Unisun Energy Group shall acquire a 49% stake […] 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
NISE to conduct 3-Days Skill Development Program on Designing of Concentrated Solar Thermal & Solar Water Heating System Updated On Wed, Oct 19th, 2016 by Saurenergy National Institute of Solar Energy (NISE), an autonomous centre of excellence of Ministry of New and Renewable Energy, Government of India, is conducting national skill development programs to meet the needs and upgrade the technical expertise of solar professionals. The institute will be conducting 3-Days Skill Development Program on “Designing of Concentrated Solar Thermal & […] Read more
PM Modi plans state aid package of Rs 210 billion rupee to boost India’s solar industry Updated On Tue, Oct 18th, 2016 by Saurenergy The Prime Minister of India, Narendra Modi’s is planning a 210 billion-rupee ($3.1 billion) package of state aid for India’s solar panel manufacturing industry, according to two officials. The so-called Prayas initiative, short for “Pradhan Mantri Yojana for Augmenting Solar Manufacturing,” a central-government plan designed to lift India’s installed photovoltaic capacity as well as to […] Read more
Madhya Pradesh Government devises a scheme to provide solar panels at subsidized rate Updated On Mon, Oct 17th, 2016 by Saurenergy The state Government of Madhya Pradesh has planned out a scheme of subsidies to motivate the residents to install solar panels. Citizens, who will apply for solar panel producing 2kW solar energy, will be provided with a subsidy of Rs 45000. The actual cost of the panel is Rs. 1.5 lakh. Solar panels can save […] Read more
Government of India plans to set up solar park in Marathwada Updated On Mon, Oct 17th, 2016 by Saurenergy Union Minister of State for Power, Piyush Goyal has said that the Government of India seems quite keen to set up a solar power park in Marathwada if the Maharashtra authorities provide land for it. Stating that the region could be ideal for generating good amount of solar energy, Piyush Goyal stated that government firms […] Read more
