Infrastructure Delays Affecting Large-Scale Solar Project Development in India: Mercom Capital Updated On Tue, Dec 13th, 2016 by Saurenergy Modi government has set a 100GW target for solar power by 2022, out of which 20GW has been allocated to solar parks. India is expected to double the target for energy to be generated from solar parks by 2020, as roof-top installations progress has turned out to be slower than anticipated. Currently, there are 34 […] Read more
New Energy Solar Acquires Two large-scale solar projects of SunPower in California Updated On Mon, Dec 12th, 2016 by Saurenergy New Energy Solar has announced that it has acquired a substantial majority interest in two large-scale solar projects of SunPower in California, totaling over 134 megawatts (MW). SunPower will retain an ownership interest in the projects, which each having a capacity of 67.4 MWs, and provide ongoing operation and maintenance services. Stanford University has a […] Read more
Government has Released Rs 1667.99 Crores for Installation of Solar Projects: Piyush Goyal Updated On Fri, Dec 9th, 2016 by Saurenergy Minister of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal in Lok Sabha on Thursday said that the total installed capacity in the country from solar power was 8727.64 MW and from wind power was 28279.40 MW as on 31.10.2016. He further stated that the Government has released Rs 1667.99 Crores […] Read more
Hindustan Zinc to set up 155 MW solar project, to invest Rs 630 crore Updated On Thu, Dec 8th, 2016 by Saurenergy Hindustan Zinc Ltd (HZL) has announced that it is foraying into solar energy business and will set up 115 MW of solar energy projects with an investment of Rs 630 crore. The company led by billionaire Anil Agarwal already produces 474 MW of thermal power and 274 MW of wind energy. HZL CEO Sunil Duggal […] Read more
Scatec Solar secures 150MW of solar project in Brazil Updated On Wed, Dec 7th, 2016 by Saurenergy Scatec Solar has signed an agreement with the Brazilian company Kroma Energia Ltda. and its partners (“Kroma”), securing four PV plants totaling 150 MW (DC) co-loated in the state of Ceará in Brazil. The projects were bid and won by Kroma in the auction process held by ANEEL, the Brazilian Electricity Regulatory Agency, in November […] Read more
Haryana Government signs MoU with Prestige Ocean Holding for 100MW solar project Updated On Wed, Dec 7th, 2016 by Saurenergy Leading Chinese company Prestige Ocean Holding and Investments Limited has signed a Memorandum of Understanding (MOU) with Haryana Government for the setting up of 100 MW solar power projects in the State with an investment of 500 crore. Haryana Principal Secretary, New and Renewable Energy Department Ankur Gupta signed the agreement on behalf of the […] Read more
Jharkhand To Sign PPAs For A Total Of 1.1 Gw Solar Projects By Third Week Of December: Report Updated On Thu, Dec 1st, 2016 by Saurenergy Jharkhand is expected to sign power purchase agreements (PPAs) for a total of 1.1 GW solar projects by the third week of December 2016. These solar PV projects were auctioned early this year but were stalled due to differences between DISCOMs and developers over the quoted tariff. A Jharkhand Renewable Energy Development Agency (JREDA) official […] Read more
ReNew Power secures the highest subsidy allocation from SECI for rooftop solar projects Updated On Mon, Nov 28th, 2016 by Saurenergy ReNew Power Ventures Private Limited, India’s leading renewable energy development company, has emerged as the organization with the highest allocation under the mega tender of 500 megawatts of rooftop solar projects floated by Solar Energy Corporation of India Limited (SECI) – the designated implementing agency for this scheme, providing subsidy on roof top projects across […] Read more
Solar developers seems least interested for TANGEDCO’s solar projects Updated On Mon, Nov 28th, 2016 by Saurenergy In October, Tamil Nadu Generation and Distribution Corporation Limited floated a tender for 500 MW of utility scale solar projects. The tender received limited interest and that too predominantly from smaller developers who have submitted 20 bids totaling just 116 MW. This tender from TANGEDCO follows an allocation of approx. 1200 MW in early 2015 […] Read more
