Tata Power Renewable Energy Ltd. boosts generation capacity by four-fold Updated On Tue, Aug 29th, 2017 by Saurenergy Tata Power Renewable Energy Ltd. generated 1440 MUs that from renewable energy sources (wind & solar) in FY17 as compared to 329 MUs in FY16. Tata Power has announced that the Company’s 100% subsidiary, Tata Power Renewable Energy Ltd. (TPREL) increased its generation capacity by 337 per cent in FY17 as compared to FY16. Tata […] Read more
EMMVEE Photovoltaic celebrates 25 years in Solar Industry, reaches 0.5 GW solar module production capacity milestone Updated On Tue, Aug 1st, 2017 by Saurenergy Emmvee has at present 0.5 GW per year solar module manufacturing capacity and has plans to expand said the company celebrating 25 years in the solar industry Emmvee Photovoltaic Power has announced that it has completed 25 years of excellent service in solar thermal products and solar PV module manufacturing. The company in a statement […] Read more
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
