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
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
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
Canadian Solar Raises JPY5.4 Billion with Inaugural Dual-Tenor Green Project Bond in Japan Updated On Mon, Apr 3rd, 2017 by Saurenergy The JPY5.4 billion (US$47.0 million) dual-tenor green project bond was issued to finance Canadian Solar’s 19.05 MWp Gunma Aramaki Solar Power Plant in Gunma Prefecture, Japan. Canadian Solar Inc. has announced completion of its second green project bond placement with Goldman Sachs Japan Co., Ltd. The JPY5.4 billion (US$47.0 million) dual-tenor green project bond was […] Read more
CleanMax Installs 1.5MW Rooftop Solar Power Plant at AMU Updated On Fri, Mar 31st, 2017 by Saurenergy In collaboration with SECI and MNRE, CleanMax Solar has commissioned 1.5 MW rooftop solar power plants across 17 roofs at Aligarh Muslim University. India’s one of the oldest and most renowned educational institutes, Aligarh Muslim University has turned to solar power to meet its electricity needs. In collaboration with SECI and MNRE, CleanMax Solar has […] Read more
Oriano Solar gets Rs 20 crore from Samridhi Fund Updated On Fri, Mar 31st, 2017 by Saurenergy Rs. 20 crore fund from Samridhi Fund will be used by Oriano Solar to finance working capital requirements and expand 45-member team Mumbai-based startup Oriano Solar has raised series A funding worth Rs 20 crore from Samridhi Fund, which is managed by SIDBI Venture Capital Ltd, a wholly-owned subsidiary of Small Industries Development Bank of […] Read more
Vikram Solar signs MoU with Israel’s Water-Gen to introduce drinkable water solutions in India Updated On Thu, Mar 30th, 2017 by Saurenergy Combined with Vikram Solar’s technological prowess and expertise in the solar power domain, the attempt is to conceptualize a product most suitable for the Indian market requirements. Incorporating use of solar power into the Water-Gen technology is expected to further enhance the energy efficiency and availability of power for the technology in remote locations, through […] Read more
GSSG Solar Announces Increased Commitment to Japanese Mega-Solar Updated On Tue, Mar 28th, 2017 by Saurenergy GSSG solar will be investing in the acquisition and financing of an incremental $1 billion of Japanese mega-solar plants over a three-year investment period. GSSG Solar has announced that an investment of over $120 million of additional commitments to the firm’s investments in Japanese solar projects. Through this increased capacity, GSSG will invest in the […] Read more
BJP Government’s Big Solar Push Could Run into Land Hurdle: Here is Why Updated On Tue, Mar 28th, 2017 by Saurenergy India’s record with solar power generation does not offer reasons to be optimistic either. With just a few days left for end of financial year 2016-17, India still has over 70 per cent of its target to achieve, while targets for upcoming years are even higher. The Union cabinet decided last month to double India’s […] Read more
