ACME Cleantech raises Rs500 crore from Piramal Enterprises Ltd: Report Updated On Fri, Nov 25th, 2016 by Saurenergy ACME Cleantech Solutions Pvt. Ltd has reportedly raised Rs500 crore from Piramal Enterprises Ltd. According to Live Mint the investment in ACME was done by Piramal Enterprises’s Structured Finance Group. Speaking to the publication Nikhil Dhingra, group director for finance, ACME said “The funds are being used for funding the working capital requirements of the […] Read more
India Solar Rooftop Market By State By End User By Connectivity Forecast and Opportunities, 2021 Updated On Fri, Nov 25th, 2016 by Saurenergy India’s solar power potential within the country’s geographical limits is high as majority of the geographical area lies within the tropics. As per the Census of India 2011 and Wasteland Atlas of India 2011, the total solar power capacity in the country stood at 748 GW, which is more than twice of the country’s total […] Read more
Industry’s Aspirations on Solar Blueprint Updated On Fri, Nov 25th, 2016 by Saurenergy Every year India faces severe electricity shortage, to meet the rapidly growing demand the country needs a massive addition in capacity. And to sustain the pace of economic growth with a commitment towards the reduction of greenhouse gases, India has to cut its dependency on fossil fuels for electrification. Therefore solar power installations in India […] Read more
ReNew Power acquires 49MW of rooftop solar tender from SECI Updated On Thu, Nov 24th, 2016 by Saurenergy ReNew Power Ventures has bagged the highest number of projects under a mega tender of 500 megawatts rooftop solar capacity floated by Solar Energy Corporation of India Limited (SECI). The tender was targeted towards institutional — schools, colleges, universities and residential buildings. It was aimed at promoting rooftop solar setups in these sectors. Around 130 […] Read more
MNRE has sanctioned Rs 67.01 Crore under Solar City Programme: Piyush Goyal Updated On Tue, Nov 22nd, 2016 by Saurenergy Minister of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal on Monday in Rajya Sabha said that the renewable energy ministry has sanctioned a total amount of Rs. 67.01 crore for preparation of master plans, solar city cells, promotional activities and installation of renewable energy projects and an amount of Rs. […] Read more
India’s total installed solar capacity crosses 10 GW milestone: Bridge To India Updated On Fri, Nov 18th, 2016 by Saurenergy Indian solar capacity included rooftop and off-grid has crossed 10GW mark says Bridge To India in its latest report. According to the consultancy firm India will add new solar capacity of 5.1 GW this year, which is a growth of 137% over last year. It also expects average annual capacity addition of 8-10 GW per […] Read more
90,710 Solar Pumps has been Installed throughout the country: Piyush Goyal Updated On Fri, Nov 18th, 2016 by Saurenergy Piyush Goyal-Power, Coal, New and Renewable Energy and Mine, Minister in Lok Sabha on Thursday informed that 90,710 solar pumps have been installed throughout the country as on 31st October, 2016. Installations of more pumps are at various stages of implementation. Goyal stated that “a target of 50,000 pumps for irrigation and potable water consumption has […] Read more
Hanwha Q Cells to ship 141MW of Solar Modules to Mahindra Group Updated On Thu, Nov 10th, 2016 by Saurenergy Hanwha Q Cells has announced that it has signed an agreement with Mahindra Susten Pvt. Ltd. to supply 141 megawatt solar photovoltaic module. Hanwha Q Cells will ship HSL72 modules, which are produced in company’s production facility in China to the newly established renewable energy arm of the India’s sixth largest conglomerate Mahindra Group. The […] Read more
Adani’s solar module to cost 10-12% more than imported version: Report Updated On Thu, Nov 10th, 2016 by Saurenergy Solar modules and solar photovoltaic cells from the house of Adani Group developed under Make in India initiative will reportedly cost higher. Jayant Parimal-Renewable Energy Business CEO, Adani Group speaking to ET said Solar modules and solar photovoltaic cells will be 10-12% higher than the imported versions available in the market. Early this year in […] Read more
