SECI asks World Bank to finance 50% of it solar projects Updated On Tue, May 3rd, 2016 by Saurenergy The Solar Energy Corporation of India (SECI) set up originally to help the growth of solar power in the country by holding auctions and promoting projects under the Jawaharlal Nehru National Solar Mission, is now going ahead with plans of developing a second suite of PV projects in India claims a report. According to ET […] Read more
SkyPower appoints Sterling and Wilson to Build 350 MW of Solar projects in India Updated On Fri, Apr 29th, 2016 by Saurenergy SkyPower and Indian solar engineering, procurement and construction (EPC) company Sterling and Wilson has signed agreements for the EPC and operation and maintenance (O&M) of SkyPower’s recently awarded 350 MW (AC) solar projects to be built in India. The construction of the seven 50 MW projects, 150 MW in Madhya Pradesh and 200 MW in […] Read more
Fortum announces to invest EUR 200–400 million in solar projects in India Updated On Tue, Apr 12th, 2016 by Saurenergy Finnish utility firm Fortum on Tuesday announced to invest euros 200-400 million (Approx. Rs 15100-30200 crore) in solar power projects in India. Fortum in a statement said “the country offers one of the best solar resources and a sound government support for the development of the solar sector. The country provides a good platform for […] Read more
Piramal, APG to invest USD 132 million in Essel Infra’s Solar IPP venture Updated On Wed, Mar 30th, 2016 by Saurenergy Piramal Enterprises and Dutch pension fund asset manager APG Asset Management will invest USD 132 million to power the Essel Infrastructure’s Solar IPP platform across India. Piramal Enterprises Limited will make the investment in Essel Green Energy, the solar arm of Essel Infraprojects Ltd through its Structured Investment Group. Essel Green Energy Private Ltd currently […] Read more
SunEdison finds difficult to get buyers for its projects in India Updated On Wed, Mar 23rd, 2016 by Saurenergy US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […] Read more
American financial institution to allocate $421 million to India for solar, internet projects Updated On Tue, Mar 22nd, 2016 by Saurenergy American financial institution to allocate $421 million to India for its solar and broadband projects reports PTI. It will enable the country to become a low carbon economy and expand the internet infrastructure. Last week US Government’s development finance institution, Overseas Private Investment Corporation (OPIC), sanctioned $250million to subsidiaries of ReNew Power Ventures Private Limited […] Read more
SECI invites engagement of Advisor/Consultant for developing business prospects under Solar Pumping Programme Updated On Wed, Mar 2nd, 2016 by Saurenergy Solar Energy Corporation of India Ltd. has invited applications from eligible Indian National for engagement as Consultant/Advisor for developing business prospects under its Solar Pumping Scheme. The contract period is initially for a period of 06 months and can be terminated by giving a prior notice of minimum 2 (two) weeks and may be extended […] Read more
SolarCity Opens Fund of $249 Million in Solar Projects Updated On Sat, Feb 27th, 2016 by Saurenergy SolarCity announces its opening of a new tax equity fund of $249 million in solar projects. Whereas, the other financing partner name was not unveiled, though this investment is reported as the fourth solar project fund by the two partnering companies. After total consolidation, the fund is known to twofold in size making a total […] Read more
Hartek Power outrights Two Solar Power Projects of 28 MW Updated On Fri, Feb 26th, 2016 by Saurenergy The pan India Engineering, Procurement and Construction (EPC) provider, Hartek Power asserts that it has successfully outright two solar power projects of 28 MW to the grid for a major solar developer in Muktsar district of Punjab. After this successful project, Hartek Power connects 72 MW of solar power to the grid in Punjab out […] Read more
