IDFC Alternatives to Acquire First Solar’s India portfolio for Rs 1950 Crore Updated On Mon, Jul 31st, 2017 by Saurenergy IDFC infrastructure will acquire entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India for around $300 million. The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects […] Read more
CleanMax Solar Announces Equity Financing of USD 100 Million from Warburg Pincus Updated On Fri, Jul 14th, 2017 by Saurenergy The investment will enable CleanMax Solar to pursue additional growth opportunities beyond India, and provide next generation solutions to the customers through a combination of rooftop solar and energy storage. CleanMax Solar, India’s largest rooftop solar developer for the corporate sector, today announced that it has secured equity financing of up to USD 100 million […] Read more
IFC Invests Rs 667 Crore in L&T Infrastructure for Solar Power Projects Updated On Fri, Jul 7th, 2017 by Saurenergy L&T Infrastructure Finance Co will use the fund to provide loan to solar power projects across India. The World Bank’s private financing arm IFC has invested Rs 667 crore ($103 million) in L&T Infrastructure Finance Co by subscribing to the first official Green Bonds in India, as stated in a joint statement by both the […] Read more
NTPC now has 845 MW of Installed Solar Power Capacity across India: Report Updated On Thu, Jun 22nd, 2017 by Saurenergy NTPC recently revealed that 845 megawatt capacity solar power plants have been installed in India after the recent addition of 225 MW Mandsaur Solar Power project The National Thermal Power Corporation (NTPC) of India recently revealed that it now has 845 megawatt installed solar power capacity of across the country. NTPC boasted the number after […] Read more
Solar Irrigating: Farmers not only selling excess power but also saving ground water Updated On Mon, Jun 5th, 2017 by Saurenergy Solar Pump Irrigators’ Cooperative Enterprise (SPICE), which began operating in May 2016, not only made a switch from diesel to solar pumps but also adopted net metering – selling excess power to the local electricity utility. Phodabhai Parmar, a 72-year-old farmer, sits on a charpai sipping tea as solar panels gleam in the fields behind […] Read more
Tata Power’s Renewable Energy Capacity Crosses 2,000 MW Mark, Clean Energy Portfolio surpasses 3000 Mark Updated On Wed, May 24th, 2017 by Saurenergy “We are happy to announce that Tata Power has registered a strong growth in renewables, which is one of our key focus areas through our recent acquisition of solar assets. The renewable energy business made a healthy contribution to PAT this year and we continue to be the largest renewable player in the country,” Tata […] Read more
Tata Cleantech Capital is eyeing at growing its asset book to around Rs 5,500 crore by fiscal 2019 Updated On Mon, Apr 24th, 2017 by Saurenergy Tata Cleantech Capital (TCCL), a joint venture between Tata Capital and International Finance Corporation, currently has an asset/loan book size of Rs 2,400 crore . Tata Cleantech Capital (TCCL) is reportedly looking at growing its asset book to around Rs 5,500 crore by fiscal 2019, with nearly USD 120 billion debt funds expected to flow […] Read more
UNION BUDGET 2017: Shock and Awe for Indian Solar Industry Updated On Fri, Apr 21st, 2017 by Saurenergy In an assertive throw to fuel the solar sector, the budget covertly focused towards helping the rural sector, agricultural sector and re-energising the real estate sector. It was a known fact that Digital payments and Demonetisation will take the center-stage. The clean energy pledges also vowed new propagations as the Government of India rifles solar […] Read more
Solar Cell-Process, Position and Bazaar Updated On Wed, Apr 19th, 2017 by Saurenergy Solar cell or photovoltaic (PV) cell is a semiconductor material, which combines some properties of both metals and insulators making it uniquely capable of converting light into electricity. When light is absorbed by a semiconductor, photons of light can transfer their energy to electrons, allowing the electrons to flow through the material as electrical current. […] Read more
