ReNew Power Raises $475 Million at Cheaper Cost Updated On Tue, Feb 7th, 2017 by Saurenergy The green bonds yielded 6% at the close of subscription and have helped ReNew Power raise $475 Million. ReNew Power Ventures has raised $475 million by selling green bonds to overseas investors as the solar and wind energy producer plans to refinance debt. The bond yielded 6% at the close of subscription on Monday. The […] Read more
India’s Total Solar Power Capacity Crosses 9 GW Updated On Tue, Feb 7th, 2017 by Saurenergy India’s Solar Power Capacity Crosses 9000 Megawatt with Tamil Nadu leading the Pack Country’s solar power generation capacity stood at over 9 GW as on December 31, 2016 with Tamil Nadu having the largest output capability followed by Rajasthan and Gujarat. Total solar power generation capacity was 9,012 MW as on December 31, 2016. Tamil […] Read more
ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India Updated On Wed, Jan 18th, 2017 by Saurenergy ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […] Read more
Tata Power, Clean Max is the largest solar rooftop installers in India: Report Updated On Fri, Jan 13th, 2017 by Saurenergy Tata Power has 20 percent of the market share and is by far the largest solar rooftop installer in a small market. Global clean energy communications and research firm, Mercom Capital Group has released Top Rooftop Installers in India. Tata Power tops the list with 20% share, followed by Clean Max Enviro with 9%. In […] Read more
BHEL to build EHV Substations to Evacuate Power from India’s largest Ultra Mega Solar Power Park Updated On Wed, Jan 11th, 2017 by Saurenergy BHEL bags order to build EHV substations to evacuate power from Ultra Mega Solar Power Park Significantly, this is yet another landmark order for BHEL, further establishing its leadership presence in the domain of Green Energy linked Transmission Corridor, evacuating energy from India’s largest Ultra Mega Solar Power Park. The substations to be augmented include […] Read more
Piyush Goyal dedicates World’s Largest LED Street Lighting Programme to the Nation Updated On Tue, Jan 10th, 2017 by Saurenergy 2 lakh Street Lights replaced in the South Delhi Municipal Corporation Area; Rs. 135 crores to be saved in next 7 years Union Minister of Power, Coal, New & Renewable Energy and Mines, Piyush Goyal on Monday dedicated the LED based Street Lighting National Programme (SLNP) to the Nation. It is the World’s Largest Street […] Read more
India’s Five States host two-thirds of country’s Solar Power Capacity Updated On Tue, Jan 10th, 2017 by Saurenergy Andhra Pradesh, Telangana, Gujarat, Rajasthan and Tamil Nadu accounts for 67% of the total solar power capacity operation in India. Solar power installed capacity is highly concentrated in few states in India. This is largely the result of proactive initiatives taken by some states that are also endowed with ample solar radiation resource and surplus […] Read more
SECI to float 2300MW Solar Power bids Soon Updated On Mon, Jan 9th, 2017 by Saurenergy Solar Energy Corporation of India will soon release 2300MW of solar power projects. Solar Energy Corporation of India (SECI) will shortly float tenders for putting up of solar power projects with capacity of 2300MW, its managing director Ashvini Kumar announced. The corporation has committed to finalize tenders for producing 5,500-mw of solar energy, of which […] Read more
Mercom Capital forecasts solar capacity addition of more than 9GW in India in 2017 Updated On Tue, Jan 3rd, 2017 by Saurenergy Solar installation of over 9 GW in 2017 would put the Indian solar sector in the big leagues along with China, the United States, and Japan Global clean energy communications and consulting firm, Mercom Capital forecasts solar capacity addition in India of over 9 GW during the current calendar year 2017. 2016 saw solar installations […] Read more
