Solar Boom – A Fantastic Fillip for India! Updated On Sun, Jul 1st, 2018 by Saurenergy India’s solar boom proved to be a game changer for the country’s renewable growth trajectory, as the sector witnesses’ sharp momentum during the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took PM’s chair, India had about 2.63 GW of solar energy capacity, which now surged to nearly […] Read more
Radite Energy Secures 70 MW Solar Project from Azure Power Updated On Sat, Jun 30th, 2018 by Saurenergy This is the third biggest order in continuation that the company has secured from Azure Power after completion of projects in Andhra Pradesh and Gujarat, as confirmed by the company’s spokesperson. In a significant development, Gurgaon based Radite Energy has bagged 70 MW solar project from Azure Power for Pavagada solar park located in Karnataka. This […] Read more
Solar Charkha Mission Launched by President Ram Nath Kovind Updated On Thu, Jun 28th, 2018 by Saurenergy The Ministry of Micro Small and Medium Enterprise (MSME) will cover 50 clusters under this mission and 400 to 2000 artisans will be employed by each cluster. To generate the employment in rural areas, and disburse a subsidy of Rs 550 crore to thousands of artisans, President Ram Nath Kovind launched the Solar Charkha Mission […] Read more
CPPIB to Invest $300 Million in Renewable Energy Producer Mytrah Power Updated On Tue, Jun 26th, 2018 by Saurenergy We are in process of raising growth capital and there is interest from multiple investors,” said Mytrah Energy chief financial officer Shirish Navlekar without disclosing further details. An advance talks are taking place between Canada’s largest pension fund manager Canada Pension Plan Investment Board (CPPIB) and renewable energy producer Mytrah Energy Ltd where the former is investing about $300 million […] Read more
India’s Utility Solar Capacity Grows 72% in 2017-18, says Bridge To India Report Updated On Thu, Jun 21st, 2018 by Saurenergy The total solar installation was 10.4 GW, the rest comprising rooftop solar plants and off-grid solutions, taking India’s cumulative solar capacity to 24.4 GW, it said. Solar consultancy firm Bridge To India in its latest annual report on the sector said that India’s utility solar capacity grew by a whopping 72 percent in FY18 as […] Read more
AP Tenders 15 MW of Rooftop Solar Projects Updated On Wed, Jun 13th, 2018 by Saurenergy The upper tariff cap for this tender has been fixed by NREDCAP at Rs 5 per KW, and the project size will vary from 50 KW to 500 KW. Any bidder can bid for a minimum of 1 MW and the maximum he can bid up to 5 MW. To be developed under the RESCO, […] Read more
NTPC Issues 36 MW Tenders for Solar Projects in Telangana, Gujarat Updated On Tue, Jun 12th, 2018 by Saurenergy The scope of work includes the design, EPC, testing and commissioning of the solar PV projects and they will be developed on turnkey basis. The funds for these projects will come from the treasury of NTPC. To develop the grid-connected solar photovoltaic (PV) projects to be developed in the states of Telangana and Gujarat, the […] Read more
MP CM Shivraj Singh Launches Exicom’s Solar-Powered AC Charger on World Environment Day Updated On Wed, Jun 6th, 2018 by Saurenergy With this, the operations of e-vehicles and charging stations have begun in the state. To mark the occasion of World Environment Day, the Chief Minister of Madhya Pradesh Shivraj Singh Chouhan has inaugurated an electric car and Exicom’s AC Charger run by solar energy in Madhya Pradesh. With this, the operations of e-vehicles and charging […] Read more
Rays Power to Set-up 1200 MW by 2020; Plans Intl Expansion Updated On Mon, Jun 4th, 2018 by Saurenergy The firm has also initiated development of over 200 Mw of ground-mounted projects selling power directly to the end consumers, under its subsidiary Rays Future Energy, which are expected to be commissioned by end of 2019. With an eye on the international market, a solar power development and Engineering, Procurement and Construction (EPC) Company Rays […] Read more