Two solar PV projects worth Rs 3,104 crore get NTPC board approval Updated On Tue, Apr 5th, 2016 by Saurenergy NTPC board has accorded approval to investment proposals worth Rs 3,104 crore for solar PV projects in Madhya Pradesh and Rajasthan. Power major NTPC has informed BSE that the Board of Directors of the Company at its meeting held on March 30, 2016, has accorded investment approval for Mandsaur Solar PV Project (5×50 MW) in […] Read more
Haryana Government to make installation of solar power plants mandatory Updated On Mon, Apr 4th, 2016 by Saurenergy Haryana Government has decided to make installation of solar power plants mandatory for housing societies, industries and other specified categories of buildings. Haryana Principal Secretary, Renewable Energy, Ankur Gupta said notification has been issued in this regard to promote green and clean power and set a high trajectory for solar power generation in the State. […] Read more
OCL India inaugurates West Bengal’s first and largest 5.5 MW Solar PV Power Plant Updated On Sat, Apr 2nd, 2016 by Saurenergy OCL India Ltd. a Dalmia Bharat Group company inaugurated 5.5 MW Solar PV Power Plant for use by its cement grinding unit in Salboni, West Bengal. OCL’s 1.35Mt/yr grinding plant was set up in 2014 with an investment of USD 93m. Representing OCL India’s management team during the inauguration of the solar plant was Director […] Read more
Reliance’s 100-MW solar power plant in Pokhran commence power generation Updated On Fri, Apr 1st, 2016 by Saurenergy Reliance Solar Power‘s 100-MW solar power plant in Jaisalmer, Rajasthan has commenced power generation. The solar plant is based on Areva’s compact linear fresnel reflector (CLFR) technology. CLFR system yields higher power cycle efficiency and deliver less pumping losses as compared to other CSP technologies. Additionally it requires lesser area to operate in comparison to […] Read more
Piramal, APG to invest USD 132 million in Essel Infra’s Solar IPP venture Updated On Wed, Mar 30th, 2016 by Saurenergy Piramal Enterprises and Dutch pension fund asset manager APG Asset Management will invest USD 132 million to power the Essel Infrastructure’s Solar IPP platform across India. Piramal Enterprises Limited will make the investment in Essel Green Energy, the solar arm of Essel Infraprojects Ltd through its Structured Investment Group. Essel Green Energy Private Ltd currently […] Read more
USAID, ADB signs MoU to develop solar parks across India Updated On Tue, Mar 29th, 2016 by Saurenergy The US Agency for International Development (USAID) and Asian Development Bank has signed Memorandum of Understanding (MoU) on Monday for providing Rs 5,681 crore ($848 million) in funding to develop solar parks across India. Under the MoU USAID will align the technical resources of two of its programs to support ADB’s investments in the development […] Read more
CalPERS buys ownership stake in 550-megawatt solar plant in Riverside County Updated On Sat, Mar 26th, 2016 by Saurenergy The California Public Employees’ Retirement System (CalPERS) has announced that it would acquire up to a 25 percent stake in the 550-megawatt solar plant in Riverside County. The Riverside County solar farm was world’s largest solar project when it opened last year. CalPERS’ investment in the farm is seen as welcome news in the industry […] Read more
American financial institution to allocate $421 million to India for solar, internet projects Updated On Tue, Mar 22nd, 2016 by Saurenergy American financial institution to allocate $421 million to India for its solar and broadband projects reports PTI. It will enable the country to become a low carbon economy and expand the internet infrastructure. Last week US Government’s development finance institution, Overseas Private Investment Corporation (OPIC), sanctioned $250million to subsidiaries of ReNew Power Ventures Private Limited […] Read more
Need to find ways for solar energy to become norm rather than exception: Piyush Goyal Updated On Mon, Mar 21st, 2016 by Saurenergy Union Minister of State (IC) for Power, Coal New and Renewable Energy Piyush Goyal at the launch of a report titled, “Scaling up Private Investment in Rooftop Solar” said that there is a need to find ways for solar energy to become norm rather than exception. Goyal said that people can benefit from generating rooftop […] Read more
