Vedanta Resources Looks Forward to Expand its Clean Energy Plans in India Updated On Fri, Apr 7th, 2017 by Saurenergy Vedanta Resources is looking at developing battery storage solutions that would help with grid balancing, besides complementing the government’s push for solar power. Vedanta Resources is working on its clean energy plans for India, encouraged by the opportunities offered by the country’s growing green economy. Ajay Kumar Dixit, chief executive officer, alumina and power business, […] 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
SolarEdge Strengthens Business Position in India with New Office and Leadership Updated On Fri, Apr 7th, 2017 by Saurenergy Already quite active in the Indian solar market, SolarEdge is now looking to expand its presence in the country with a new county manager, office and recruitment of a local team. SolarEdge Technologies, a global leader in PV inverters, power optimizers, and module-level monitoring services, is expanding its business in the Indian PV market with […] Read more
India to Add 1 GW of Solar by the End of April at Kurnool Solar Power Park in Andhra Pradesh Updated On Thu, Apr 6th, 2017 by Saurenergy The 1 GW Kurnool Solar Power Park is being implemented by Andhra Pradesh Solar Power Corporation Private Limited under the National Solar Mission Phase-II, Batch-II, State Specific Bundling Program. The entire Kurnool Ultra Mega Solar Power Park of 1 GW capacity is expected to be connected to the grid by the end of April 2017. […] Read more
Indian Railways to Add 1000 MW of Solar Power, 200 MW of Wind Energy: Suresh Prabhu Updated On Thu, Apr 6th, 2017 by Saurenergy Indian Railways will be able to draw 25 per cent of its energy needs from renewables and achieve the target of 5 GW of solar power by 2025. Railway Minister Suresh Prabhu has said that railways plans to use renewable energy in a “big” way and is looking to add 1,000 MW of solar power […] Read more
UDAY Successfully Achieves Financial and Operational Reform of DISCOMS in India: REPORT Updated On Wed, Apr 5th, 2017 by Saurenergy Ujwal Discom Assurance Yojana has been successful in achieving its most important objective of reforming power distribution companies in India. It has been nearly eighteen months since the Ministry of Power announced the vital Ujwal DISCOM Assurance Yojana (UDAY) scheme for financial and operational reform of power distribution companies (DISCOMs) in India. Twenty six states […] Read more
Fortum Commissions a 70 MW Solar Power Project in India Updated On Tue, Apr 4th, 2017 by Saurenergy Fortum has successfully commissioned its third and the biggest, a 70 MW solar power project at Bhadla with a fixed tariff for 25 years. Fortum has commissioned a 70-MW solar plant at Bhadla solar park in Rajasthan, India. The solar plant is Fortum’s third and so far biggest commissioned solar energy project. Fortum won a […] Read more
Malaysian Firm and Indian Start up Sign MoU to setup Floating Solar Power Plant in Malaysia Updated On Tue, Apr 4th, 2017 by Saurenergy Kerala Startup Vatsaa Energy Private Ltd. will be developing Floating Solar Power Plant for Malaysian firm Mutiara Etnik Sdn Bhd. An Indian solar energy start-up and a Malaysian firm have inked a Memorandum of Understanding (MoU) to build floating solar power plants in Malaysia. The Wayanad based start-up, the Vatsaa Energy Private Ltd., which has […] Read more
