India’s solar capacity addition to remain strong (7-7.5 GW) in FY 2018 backed by project pipeline: ICRA Updated On Wed, Apr 26th, 2017 by Saurenergy India’s wind power capacity addition in the current fiscal will depend on bidding plans of utilities, while that of solar power will remain strong at 7- 7.5 GW, credit rating firm Icra said today. The renewable energy (RE) sector reported a record capacity addition of over 11 GW in FY2017, an increase of around 60% […] Read more
Solar boat maker eyeing Rs 28 crore revenue this fiscal- a 14 times rise over 2016-17 Updated On Mon, Apr 17th, 2017 by Saurenergy The first solar ferry was launched in Kerala and now it is looking at opportunities in other states like West Bengal, Gujarat and Goa, among others Solar boat maker , NavAlt Solar and Electric Boats, which launched its first solar ferry in Kerala earlier this year, is eyeing Rs 28 crore revenue this fiscal — […] Read more
Record Capacity Addition of Wind Power of 5400 MW in Last Fiscal Updated On Wed, Apr 12th, 2017 by Saurenergy Ministry of New and Renewable Energy (MNRE) has set another record in the wind power capacity addition by adding over 5400 MW in 2016-17 against the target of 4000 MW. This year’s achievement surpassed the previous higher capacity addition of 3.423 MW achieved in the previous year. The leading States in the wind power capacity […] Read more
Cleanmax Solar to Set Up 300 MW Solar Power Capacity This Fiscal Updated On Mon, Apr 10th, 2017 by Saurenergy CleanMax plans to set up nearly 300 MW of solar capacity in the country in FY 2017-18. Energy solutions provider CleanMax Solar plans to set up nearly 300 MW of solar capacity, including 100 MW of rooftop installation, this fiscal and will invest around Rs 1,500 crore for the same. Company’s Co-founder Andrew Hines said, […] Read more
IIT-KGP to lead India in becoming a Clean Energy Destination Updated On Sat, Apr 8th, 2017 by Saurenergy The multi-institutional centre at IIT-Kharagpur will work towards technological innovations on a range of issues related to power network, storage and Solar PV systems. IIT-Kharagpur will lead a UK-India joint virtual centre in clean energy in partnership with a consortium to develop solutions for integration of renewable energy into Indian and UK power grid. The […] Read more
India and ADB Sign $175 Million Loan Agreement to help improve Solar Transmission System Updated On Fri, Apr 7th, 2017 by Saurenergy Asian Development Bank has granted $175 Million Loan Agreement to India for supporting construction of high voltage transmission systems to evacuate power generated from new mega solar parks. The Government of India and the Asian Development Bank (ADB) signed a $175 million loan agreement to support construction of high voltage transmission systems to evacuate power […] Read more
India’s Solar Energy Capacity Grows by Record 5525 MW Updated On Fri, Apr 7th, 2017 by Saurenergy The latest figures provided by MNRE shows that India has gained a tremendous growth in solar energy capacity by a record 5525.98 MW. According to the latest figures provided by the ministry of new and renewable energy (MNRE), the FY 2016-17 saw India’s solar energy capacity grow by a record 5525.98 MW, while India had […] Read more
Adani Group meets Punjab CM to invest in the state Updated On Tue, Apr 4th, 2017 by Saurenergy Adani Green Energy Ltd had, in 2016, had commissioned Punjab’s largest solar power plant of 100 MW in Bathinda with an investment of Rs 640 crore. The Adani Group’s top functionaries met Punjab Chief Minister Amarinder Singh on Monday showing their interest in investing in the state. According to a report Group president and chairman of several […] Read more
Azure Power Commissions 7MW Solar Power Plant for Defence Establishments in Maharashtra Updated On Thu, Mar 30th, 2017 by Saurenergy Azure Power becomes the first private solar company to power the Defence Ministry under the National Solar Mission Azure Power, a leading solar power producer in India, commissioned 7 MWs of solar plant capacity in the state of Maharashtra and is the first private solar power project to be set up at defence establishments under Ministry […] Read more
