DP Energy gets Green Light to construct a 375MW of solar and wind plant in Port Augusta Updated On Mon, Aug 8th, 2016 by Saurenergy Plans to construct a major 375MW solar and hybrid wind plant for Port Augusta in South Australia has been approved from the state government. DP Energy, the Irish Project developer stated that the government’s green light meant it could now deliver one of the “largest and most significant” hybrid renewables projects in the Southern Hemisphere, […] Read more
Phoenix Solar secures EPC to develop a 19.6MW solar plant in Texas Updated On Tue, Jul 26th, 2016 by Saurenergy Phoenix Solar, a subsidiary of Phoenix Solar AG, has been awarded the rights to develop a 19.6 MW solar plant in Texas, U.S. The U.S. subsidiary of the German-headquartered solar developer has been chosen by renewable energy company Apex to engineers, procure and construction (EPC) a single-axis tracking solar plant in Texas. The project, once […] Read more
India sanctions scheme to develop 10 Solar Zones having at least 10000 hectares of land Updated On Thu, Jul 21st, 2016 by Saurenergy The Government o India has directed authorization to implement the scheme for setting up of 10 ‘Solar Zones’ each having at least 10000 hectares of govt. or privately owned uncultivable and fallow land in one or more than one patches to encourage solar PV project developers, investors and manufacturers to help achieve the nation’s massive […] Read more
World Bank announces to provide more than $1 billion for India’s solar project Updated On Thu, Jun 30th, 2016 by Saurenergy The World Bank Group has signed an agreement with India led International Solar Alliance (ISA) to work together on increasing solar energy use around the world, with the goal of mobilizing $1 trillion in investments by 2030. The agreement was signed in the presence of Finance Minister Arun Jaitley, Power, Coal, New and Renewable Energy minister Piyush […] Read more
KfW and IREDA signs 6th Line of Credit (LoC) for € 20 million Updated On Thu, Jun 30th, 2016 by Saurenergy KfW Development Bank and Indian Renewable Energy Development Agency Ltd. (IREDA) have signed € 20 million Loan Agreement to be utilized by IREDA for “Access to Energy” by financing Renewable Energy projects in India. The 6th Line of Credit (LoC) signed between KfW and IREDA is on standalone basis without sovereign guarantee from Government of […] Read more
Andhra Pradesh is driving solar, aims to add 619MW of solar power generation Updated On Wed, Mar 9th, 2016 by Saurenergy Andhra Pradesh is well set to foster its solar needs; the state has now announced adding of about 619 MW of solar energy by next month, which will count the total installed capacity surpass 1000 MW (one Giga Watt). Currently the state has about 1300 MW of wind and solar power generation capacity, of which […] Read more
ReNew Power inks PPAs for 286 MW Solar Project in Telangana Updated On Wed, Mar 9th, 2016 by Saurenergy The Indian solar and wind energy major, ReNew Power Ventures signs a Purchase Power Agreements (PPAs) for four solar ground mounted projects with combined capacity of 286 MW in Telangana. Winning the highest bid for 2000 MW solar projects in the state, the company has well-stable to be the largest solar energy company in Telangana […] Read more