Exide Acquires Stake in Cleantech’s 3 SPV’s For Procuring Energy From Solar Plants Updated On Sat, Apr 20th, 2019 by Saurenergy Exide Industries has announced that it has entered into 3 separate share subscription and shareholders agreements with Singapore-based Cleantech Solar Energy for three special purpose vehicle (SPV) companies. “Exide Industries Limited has entered into 3 separate SSSAs’ with Cleantech Solar Energy for 3 SPV companies for the purchase of energy from three Captive Power Plants […] Read more
ADB Granted Nearly USD 4 Bn in Sovereign Loans and Co-Financing to India in 2018 Updated On Wed, Apr 17th, 2019 by Saurenergy The Asian Development Bank (ADB) committed to providing nearly USD 4 billion in sovereign loans to India in 2018, the highest level of assistance since sovereign operations began in the country in 1986, said the annual report of the multilateral lending agency. In total, ADB, owned by 68 member countries, committed a total of USD […] Read more
Oriano Solar Commissions Two Solar Plants For Aditya Birla Renewables Updated On Tue, Apr 16th, 2019 by Saurenergy The firm is currently executing 134.5 MW of solar projects to be commissioned by September 2019 and will surpass cumulative installation of 350 MW by the end of this financial year. Mumbai-based Oriano Solar has commissioned two solar power plants worth18.75 MW capacity located at Rawan (12.5 MW) and Hirmi (6.25 MW) in Chhattisgarh. The company was the Engineering, […] Read more
Siemens Gamesa’s Indian Manufacturing Units Start Equipment Export Updated On Thu, Apr 11th, 2019 by Saurenergy The ongoing trade tariff negotiations between China and the US is seen as an opportunity by Siemens Gamesa’s India manufacturing units to take part and meet the rising demand for wind energy equipment. Markus Tacke, Chief Executive Officer, Siemens Gamesa, responding to a query on the scope for Siemens Gamesa to increase its wind energy […] Read more
Siemens Gamesa Signs First Full-Scope Multi-brand Service Contract in Europe Updated On Mon, Apr 8th, 2019 by Saurenergy SGRE’s Service business maintains nearly 56,700 MW (onshore and offshore) in 62 countries. Siemens Gamesa Renewable Energy (SGRE) has secured its first full-scope contract for the service of turbines supplied by other Original Equipment Manufacturers (oOEM) in Poland with Polenergia. Starting in April 2019, SGRE will provide service and maintenance for the 34MW Lukaszow and […] Read more
MYSUN Secures 11MW New Orders from Mah, Raj; Expands Presence to 7 States Updated On Fri, Apr 5th, 2019 by Saurenergy Adding to its presence in Delhi, Haryana and Uttar Pradesh, the company added industrial and institutional clients in Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu and Puducherry in FY 2018-19. One of the leading players in the rooftop solar space, MYSUN has received new orders aggregating 11 MW from Maharashtra and Rajasthan states in past 30 […] Read more
Bihar Sets Generic Tariff For Solar Projects at Rs 4.17/kWh For FY 2019-20 Updated On Fri, Apr 5th, 2019 by Saurenergy The Bihar Electricity Regulatory Commission (BERC) has set then generic tariff for procurement of solar power in the state at Rs 4.17 per kWh. In a period when faster adoption of solar and renewable energy sources is driving state commissions to set new and more feasible generic tariff rates for the new fiscal years, BERC, […] Read more
Himachal Pradesh Issues Order For Rooftop Solar Systems Based on Net Metering Updated On Thu, Apr 4th, 2019 by Saurenergy The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued an order for rooftop solar grid-interactive systems based on net metering. The order will be applicable to such domestic consumers to whom a Letter of Approval (LoA) for installing rooftop solar PV system based on net metering is issued after November 15, 2018, as per the 2015 regulations […] Read more
Climate Change Affecting India’s Wind Power Generation: Study Updated On Tue, Apr 2nd, 2019 by Saurenergy Increased warming in the Indian Ocean and the resultant weakening of the Indian summer monsoon may come in the way of India’s goal of leading the world’s wind power generation. The potential electricity production has reduced by about 13% in the past 40 years Researchers from Harvard University, US, and National Climate Center in Beijing, […] Read more
