There is no plan or attempt on EDF’s or EREN’s part to get out of the Indian market or anything like that: Samir Sharan, CEO – ACME Cleantech Solutions Pvt. Ltd. Updated On Tue, Aug 2nd, 2016 by Saurenergy The ACME Group is one of the top player in the field of clean energy with operations in solar power generation, lithium-ion based energy storage solutions and energy management of telecom towers in India. It pins itself as a pioneer in the development of green technology solutions that are environment friendly, energy efficient, frugal and […] Read more
Ministry of Power Raises RPO Trajectory for both Discoms and States Updated On Thu, Jul 28th, 2016 by Saurenergy Ministry of Power has raised the Renewable Purchase Obligations (RPO) trajectory for solar power in India. The Renewable Purchase Obligations makes it mandate for both Distribution Companies (Discoms) and states to purchase a certain percentage of their energy from renewable. Distribution Companies in India will now have to purchase 2.75% of their energy mix from […] Read more
Decline in the Prices of Chinese-made solar panels set to aid Indian solar Market Updated On Wed, Jul 20th, 2016 by Saurenergy The projected decline in the prices of Chinese-made solar panels could benefit the Indian solar developers, due to weakened demand in China and Japan and prolonged trade restrictions in the EU and the USA. The Tier-1 module prices are expected to go down to Rs. 27.50 (USD 0.41/EUR 0.37) per Wp for shipments in the […] 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
Adani Group bags bid to set up a 100 MW solar unit in Chhattisgarh Updated On Mon, Jun 13th, 2016 by Saurenergy Parampujya Solar Energy, an arm of Adani Green Energy has bagged a bid to set up a 100 MW solar power unit in Chhattisgarh. Parampujya Solar Energy sought the lowest viability gap funding (VGF) of Rs 59 lakh per MW among other bidders in the auction lead by SECI reports the ET. SECI’s reverse auction […] Read more
SkyPower enters into an agreement with BYD to submit a joint bid for 750 MW Solar Power in India Updated On Sat, May 14th, 2016 by Saurenergy SkyPower has entered into an agreement with BYD to submit a joint bid in the upcoming tenders for solar power generation capacity and energy storage of up to 750 MW in India. The agreement was signed during the opening ceremony of the China-Canada Economic and Trade Cooperation Conference in the presence of Hu Chunhua, Party […] Read more
India will add 10,500 MW solar power in the current fiscal: Piyush Goyal Updated On Sat, Apr 30th, 2016 by Saurenergy New & Renewable Energy Minister Piyush Goyal on Friday at Concentrated Solar and Solar Cooker Excellence Awards said India will achieve the target of adding 10,500 MW of solar power generation capacity in the current fiscal. Goyal Said “the way things are progressing in the solar energy sector. We will definitely achieve our target. Solar […] Read more
Delhi likely to get green power from Madhya Pradesh to run its Metro trains Updated On Fri, Apr 29th, 2016 by Saurenergy The National Capital of India will reportedly get green power from Madhya Pradesh starting next year to run its Metro trains. Manu Shrivastava, Principal Secretary of Madhya Pradesh New and Renewable Energy Department speaking to PTI said “we are charting out the power purchase agreement (PPA) to be signed between Delhi Metro Rail Corporation (DMRC) and developers of the world’s […] Read more
Hartek Power connects 50-MW solar project to the grid in Anantapur district of Andhra Pradesh Updated On Sat, Apr 16th, 2016 by Saurenergy Hartek Power, an Engineering, Procurement and Construction (EPC) company based in Chandigarh has announced that it has successfully connected a 50-MW solar project to the grid in Anantapur district of Andhra Pradesh. The scope of work of the 132/11 KV substation project, which happens to be Hartek Power’s first one in the state and its […] Read more