Azure Power Wins 130 MW Solar Power Project in Maharashtra Updated On Fri, May 18th, 2018 by Saurenergy At the tariff rate of Rs 2.27 per KW Azure Power will sign a Power Purchase Agreement (PPA) with MSEDCL for 25 years. The project is expected to be commissioned in 2019 and will be developed by Azure Power outside a solar park. In a recent auction by Maharashtra State Electricity Distribution Company Limited (MSEDCL), […] Read more
Azure Power Hits another Milestone; Surpasses 1 GW of Operating Solar Capacity Updated On Tue, May 15th, 2018 by Saurenergy This milestone was achieved with the company’s recent commissioning of a 50 MW project in Andhra Pradesh. Adding another feather in the cap, Indian solar power producer Azure Power has enhanced its portfolio by surpassing 1 GW of operating solar capacity. The achievement has made it one of the largest solar power companies in India. Further, […] Read more
Chandigarh Can’t go Green by 31st December Updated On Mon, May 14th, 2018 by Saurenergy The deadline and desirability of making city 100% renewable energy powered was set by Ministry of New and Renewable Energy (MNRE). However, as said by the electricity department of Chandigarh, the target cannot be achieved in such time frame; rather it can only be achieved in the long term. As the deadline for becoming 100% […] Read more
Hanergy Launches New Thin-film Solar Powered ‘Humbrella’ Updated On Fri, May 4th, 2018 by Saurenergy The company would donate the first batch of a million RMB (USD 160,000) solar-powered umbrellas, or ‘Humbrellas’, to regions of Africa where electricity shortages routinely prevent children from having enough time for study. In a major move for the global mobile energy industry, Hanergy has launched its new product ‘Humbrella’, a thin-film solar powered umbrella providing clean, free and […] Read more
MSEDCL to Feed Power Demand of 2,000MW Through New Solar Plants Updated On Sat, Apr 28th, 2018 by Saurenergy Currently, MSEDCL buys 850 MW against the peak demand of about 20,000 MW and with the addition of new power to the state grid, MSEDCL will meet more than 10% requirement from solar. Marking a new milestone in the green energy corridors, Maharashtra State Electricity Distribution Company Limited (MSEDCL) is known to have decided to buy […] Read more
SBI to Save Rs 30cr Via Investing in Green Energy Updated On Mon, Apr 23rd, 2018 by Saurenergy The bank now possesses a capacity of 21.23 MW in renewable power source. According to bank, adding the current capacity to 25 MW will help it save Rs 30 Crore annually. State Bank of India (SBI), country’s largest lender said that it expects to save Rs 30 Crore through its investment in solar and wind […] Read more
Matheran Toy Train Stations in Maharashtra Turns Green Updated On Sat, Apr 21st, 2018 by Saurenergy Besides reducing the carbon footprints, the power supply from the renewable sources will significantly bring down the hill railway station’s electricity bill and resulting in savings of Rs 2.07 lakh per year. In a move to boost the use of renewable energy, four stations of Matheran Hill Railway in Maharashtra’s Raigad district have installed solar power and wind energy plants. […] Read more
Everstone Group, Lightsource BP Form 50:50 JV to Invest in Indian Green Infrastructure Updated On Thu, Apr 19th, 2018 by Saurenergy The newly formed JV will provide the funds with the financial and strategic resources of the partners aiming to create successful green energy businesses in partnership with local management teams. Indian private equity fund Everstone Group and British solar parks developer Lightsource BP has formed a 50:50 Joint Venture (JV) called ‘EverSource Capital’ to jointly […] Read more
Azure Power Commissions 40 MW Project in Uttar Pradesh Updated On Tue, Apr 17th, 2018 by Saurenergy Under the agreement Azure Power will supply power to SECI for the period of next 25 years at the levelized tariff of Rs 4.92 per KW which is inclusive of Viability Gap Funding (VGF). India’s one of the leading power producers, Azure Power has announced the commissioning of a 40MW solar plant in Uttar Pradesh […] Read more
