Greenko Group Unsure of Buying Orange Renewables Updated On Tue, Aug 21st, 2018 by Saurenergy The USD 1 billion deal between the two giants would have made Greenko Group country’s 2nd largest firm in renewable energy space following ReNew Power that has highest new energy capacity. Utility-scale clean and affordable energy provider, Greenko Group has been reluctant to buy wind and solar energy assets of Singapore based renewable energy developer, Orange […] Read more
B.Grimm Power Invests $35.2 Mn to Pick 80% Stake in Vietnam’s 257MW Solar Proj Updated On Tue, Aug 21st, 2018 by Saurenergy The announcement came just weeks after B.Grimm Power had signed an agreement with Vietnam’s Xuan Cau Group to build and operate a solar farm in Tay Ninh Province with total capacity of 420 MW, which will make it the largest solar power plant in Southeast Asia when it starts operating in mid-2019. Thailand-based B.Grimm Power, the largest unit of […] Read more
Greek Island First in Mediterranean to use Renewable Energy Updated On Mon, Aug 20th, 2018 by Saurenergy The Greek Island is said to have a winter population of 400 and that of summer is around 3,000 which relies greatly on the uncertain electricity supplies. Tilos, a Greek island between Rhodes and Kos, has launched its first ever solar and wind power plant in order to reduce reliance on non-renewable energy sources. The […] Read more
Arcadia Power Nets $25 Mn Fund for Expansion Updated On Fri, Aug 17th, 2018 by Saurenergy The community solar pipeline will include solar projects of 40 new large scale solar farms to be built across 600 acres availing clean energy options especially for the Arcadia Power members. DC based renewable energy digital utility, Arcadia Power has securely collected USD 25 million in the series b funding and planning to building 120 […] Read more
13% of Solar Power Target for FY 2018-19 Met in Q1: MNRE Updated On Fri, Aug 17th, 2018 by Saurenergy Out of the solar power target achieved in April-July period, ground mounted solar capacity amounts to 1304.57 MW and roof top solar capacity is reported at 159.59 MW. Ministry of New and Renewable Energy (MNRE) has released the program wise renewable energy achievements met in the first quarter of financial year 2018-19 including the month […] Read more
Magenta Power Announces India’s First EV Charging Corridor ‘ChargeIn’ Updated On Tue, Aug 14th, 2018 by Saurenergy This network of EV charging stations of Magenta Power will initially be deployed at Hotel Center Point, Mumbai-Pune Expressway, Lonavala. Renewable energy solutions provider Magenta Power has announced India’s first EV charging Corridor- ChargeIn at Mumbai-Pune Expressway. This network of EV charging stations of Magenta Power will initially be deployed at Hotel Center Point, Mumbai-Pune Expressway, […] Read more
India Far from 100GW Solar Power Target: CRISIL Updated On Mon, Aug 13th, 2018 by Saurenergy The agency also stated in the report that with best possibilities the country would be able to attain 78 to 80 GW of solar power by the end of 2022 up from the current installed capacity of 21.65 GW. Impacting the solar sentiments of India, ratings and research agency, Credit Rating Information Services of India (CRISIL) has asserted that India […] Read more
Domestic Solar Power Industry Updated On Fri, Aug 10th, 2018 by Saurenergy Solar tariffs in India saw the lowest ever level of Rs.2.44 per unit in reverse auctions carried out by Solar Energy Corporation of India (SECI) in May 2017 for 200 MW and again twice in July, 2018, for 600 MW in each instance. As per the final findings dated 16th July, 2018, in the investigations […] Read more
Lightsource BP Acquires 135 MW Solar Assets from Orion Renewable Energy Updated On Thu, Aug 9th, 2018 by Saurenergy The move has marked a major milestone in the Lightsource BP’s strategic US expansion. British solar parks developer Lightsource BP has acquired six solar development assets from Orion Renewable Energy Group LLC. The move has marked a major milestone in the Lightsource BP’s strategic US expansion. Further, the 135 MW DC portfolio consists of projects […] Read more
