PM Narendra Modi invites India’s top fossil fuel ventures to contribute in solar Updated On Fri, Jul 22nd, 2016 by Saurenergy India’s topmost energy corporations are moving beyond their roots in fossil fuels to plough money into renewables, supporting the idea of Prime Minister Narendra Modi’s goal to expand the growth of alternatives to the most polluting forms of energy. According to the reports of state agency responsible for implementing energy policy, one of the prominent […] Read more
ACME to sell 275MW of its operational solar assets to IDFC Alternatives: Report Updated On Thu, Jun 16th, 2016 by Saurenergy IDFC Alternatives is reportedly gearing up to buy 275 megawatts (MW) of operational solar assets from ACME Solar. Livemint citing sources reports that the deal between the two companies will likely close in stages as “IDFC will need separate approvals from the lenders of the various assets and other approvals as per the power purchase […] Read more
Tata Power Renewable Energy signs SPA to acquire Welspun Renewables Energy Updated On Mon, Jun 13th, 2016 by Saurenergy Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed a Share Purchase Agreement (SPA) with Welspun Energy (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”). It is estimated to be Rs 9,500 crore ($1.4 billion) deal. This is one of the largest transactions in renewables space in […] Read more
Punjab Govt. announces installation of world’s largest solar power roof top panel Updated On Mon, May 16th, 2016 by Saurenergy The Punjab government has announced installation of world’s largest solar rooftop panel at the Dera Baba Jaimal Singh Beas, in Amritsar. The project is expected to cost around Rs. 139 crores, it will cover a total area of 82 acres over eight shelters. Tata Power Solar has commissioned the 12 MW solar rooftop project for […] Read more
Tata Power to acquire renewable energy assets of Welspun Group: Report Updated On Mon, May 2nd, 2016 by Saurenergy Tata Power is reportedly gearing up to acquire the renewable energy assets of the diversified Welspun Group, valuing the 1,152 MW portfolios of operational solar and wind farms. The ET citing sources close to the company reports that the deal may be valued at close to $1.45 billion inclusive of debt. Both the companies are in final […] Read more
Tata Power to raise share of its renewable energy output from its earlier target of 20% to 30-40% by 2025 Updated On Mon, Apr 25th, 2016 by Saurenergy Tata Power has decided to raise share of its renewable energy output from its earlier target of 20%, to 30-40% by 2025 reports PTI Currently the company has working capacity of 9,156 MW which include 693 MW of hydel, 593 MW of wind and 60 MW of solar sources. Speaking to PTI Tata Power managing […] Read more
Solar Urja Expo 2016 Updated On Sun, Apr 10th, 2016 by Saurenergy Solar Urjja Expo concluded recently on 10th April where major players like Su-Kam, Luminous,Tata Power Solar, Sedna Energy congregated to showcase their solar products. The expo was organized by Urja Samiti by the support of MNRE, SESI, IREDA and HAREDA. Read more
Alectris and Shri Shakti Alternative Energy join expertise to manage solar PV assets Updated On Fri, Mar 11th, 2016 by Saurenergy Shri Shakti Alternative Energy and a Greece solar asset care company, Alectris, announces a joint marketing venture leveraging integrated solar operations, maintenance and asset management services to solar PV installations in the country. Alectris has recently introduced its solar ERP software platform – ACTIS at Indian Power Stations O&M conference, the solution is claimed to […] Read more
India, France Jaws on Solar Energy Alliance Updated On Tue, Dec 1st, 2015 by Saurenergy Prime Minister Narendra Modi and French President Francois Hollanden are launching an International Solar Alliance, target to bring up clean and affordable solar energy within the reach of all. The launch of International Solar Alliance will coincide with the 12 days world leaders’ conference of climate changes in Paris, to seek new global deals on […] Read more
