Amplus to Setup 400 MW Solar Capacity in UP; Mulls to Invest Rs 2,000 Cr by FY21 Updated On Mon, Jul 30th, 2018 by Saurenergy The Gurgaon headquartered, Amplus Solar made the announcement of solar capacity in UP during the Ground-Breaking Ceremony held on July 29 by Uttar Pradesh Government to felicitate its investing partners in Lucknow. Amplus Energy Solutions plans to invest Rs 2,000 core in Uttar Pradesh (UP) by Fiscal 2021 as part of the GoUP’s Solar Policy […] Read more
IESA Welcomes GST Rate Cut on Li-Ion Batteries Updated On Thu, Jul 26th, 2018 by Saurenergy The GST Council’s move came after the recognition of the need to enhance the energy storage industry and its related segments. India Energy Storage Alliance (IESA) has welcomed the GST council’s reduction of goods and services tax (GST) for Lithium-Ion Batteries from 28 percent to 18 percent. The GST Council’s move came after the recognition […] Read more
SEBI Permits ‘ReNew Power’ to Float IPO Updated On Tue, Jul 24th, 2018 by Saurenergy The ReNew Power IPO comprises of new shares worth Rs 2,600 crore. The move also comes with an additional offer for sale of over 94 million equity shares by existing shareholders. In a substantial addition to solar industry, market watchdog SEBI sanctions Goldman Sachs’ ReNew Power to float its Initial Public Offering (IPO). The ReNew […] Read more
Azure Power’s Portfolio Surpasses 3 Gigawatts Updated On Tue, Jul 17th, 2018 by Saurenergy Azure Power wins 300 MWs with AA+ domestic debt rated government entity (SECI) at a tariff 8% above the lowest bid in the auction 87% of the 2.2 GW contracted pipeline are with counterparties that have A to AAA domestic debt ratings Over 1 GWs of the contracted pipeline are with sovereign counterparties Azure […] Read more
Azure Power Secures 160 MW Solar Project in UP Auction with Highest Tariff Updated On Thu, Jul 12th, 2018 by Saurenergy The project is expected to be commissioned in 2019 and developed outside a solar park. Independent solar power producer, Azure Power has won the 160 MW solar power project in Uttar Pradesh at the highest tariff in a recent auction conducted by the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA). Further, the company will sign […] Read more
Tata Power to Develop 250 MW Solar Projects at Pavagada Solar Park Updated On Wed, Jul 11th, 2018 by Saurenergy These projects will be set up at the Pavagada Solar Park in Karnataka and the energy will be supplied to the State Discoms under a 25-year Power Purchase Agreements (PPA). Power major Tata Power’s renewable arm, Tata Power Renewable Energy Ltd (TPREL), has received a Letter of Award from Karnataka Renewable Energy Development Ltd (KREDL) […] Read more
Vadodara Airport to Switch to Solar Power Soon Updated On Tue, Jul 10th, 2018 by Saurenergy The airport is all set to start using clean and green energy for its day-to-day operations, as its ground-mounted grid-connected solar plant is ready for commissioning. In order to reduce the electricity costs and shift from conventional solar of energy, the Vadodara airport will soon start using solar energy to meet its electricity demands in all operations. […] Read more
Azure Power Bags 600 MW Solar Power Project in SECI Auction Updated On Thu, Jul 5th, 2018 by Saurenergy Further, the project is the largest solar auction in India and also the first Interstate Transmission System (ISTS) grid connected solar PV project auctioned by SECI. Country’s one of the leading independent solar power producers, Azure Power has won a 600 MW solar power project in the SECI’s 2,000 MW tender auction. The Solar Energy Corporation […] Read more
Viz-A-Viz with John Martin Thomas, MD, Talesun Solar, Switzerland AG Updated On Thu, Jul 5th, 2018 by Saurenergy Q. Can you please introduce John Martin for us? I am an Overseas Citizen of India (OCI) and did my studies in Switzerland, settled in Italy in Milan. I am the Chairman of the save Indian Royal Heritage that is the (Trust of 560 royal families) for saving our royal heritage viz palaces and forts […] Read more
