Azure Power commissions 88MW solar power plants across three states Updated On Thu, May 5th, 2016 by Saurenergy Azure Power has announced its commissioning of solar power plants in three states across the country. The projects include a 50 MW plant in Andhra Pradesh, two plants of total capacity of 28 MW plant in Punjab and a 10 MW plant in Karnataka. These plants, connected to the respective state grids, are part of […] Read more
Firms not doing well will not impact India’s solar programmes: Piyush Goyal Updated On Wed, Apr 20th, 2016 by Saurenergy Renewable Energy Minister Piyush Goyal at an event organized by industry body CII said that some firms not doing well will not impact the programme’s success reports PTI. When asked about the debt problems faced by SunEdison, Goyal said “there are always certain cases of firms failing all over the world in every industry. There […] 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
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
ArcelorMittal to Construct 500 – 600MW Solar Plant in India Updated On Mon, Feb 8th, 2016 by Saurenergy ArcelorMittal aims to establish 500 – 600MW solar power plant in Karnataka -India instead of the Steel Mill. The company spokeswoman said that, ‘In view of current market conditions in the global steel industry and uncertainty in raw material availability, ArcelorMittal would like to utilize the acquired land in Karnataka for a meaningful purpose of […] Read more
Strategies Launched for Acquiring Solar Energy Earmarks – MNRE Updated On Fri, Dec 18th, 2015 by Saurenergy India is holding the biggest renewable capacity extension program on the planet. The Centre has taken up several strategies for acquiring Solar Energy earmarks; targets of 20,000 MW of solar power proposed to be introduced in the nation 2022. Off-Grid Housetop: Programed to install 40GW solar rooftop programs where Grid is now exist. 15% Government […] Read more
SECI Gets Rs 1000 Cr Infusion To Expand Investments Updated On Fri, Jan 28th, 2022 by Saurenergy The Solar Energy Corporation of India (SECI) has received an infusion of Rs 1000 crores from the Government of India to strengthen its balance sheet and undertake further investments in the renewable sector. As the key nodal agency for the sector, SECI plays an instrumental role in the tendering and award of renewable contracts across […] Read more
Renewable Source Catered to 52% of Portugal’s Energy Needs in 2018 Updated On Fri, Jan 4th, 2019 by Saurenergy The balance of trade favoured exports for the third year in a row and amounted to around 5% of domestic consumption. In a massive achievement, Portugal met 52% of its power need through renewable sources, a press release by Portuguese power utility Redes Energeticas Nacionais (REN) shows. Renewable production supplied 52% of domestic consumption, plus […] Read more
PERSPECTIVE Updated On Mon, Oct 23rd, 2017 by Saurenergy The government of India has set an ambitious target of 175 GW of renewable power installed capacity by the end of 2022, of which 58 GW has been installed so far. The Indian solar market added 1,869 MW in the second quarter of 2017, bringing installations in the first half of the year to 4,765 […] Read more