ArcelorMittal to Set Up A Solar Farm on Land Allotted to it for a Steel Plant In Karnataka: Report Updated On Mon, Feb 27th, 2017 by Saurenergy “In view of excess capacity of steel world-wide and uncertainty in iron ore availability locally, the company is also exploring the possibility of utilising the land in Karnataka for the establishment of a solar farm for generating solar energy,” World’s largest steelmaker ArcelorMittal may set up a solar farm on land alloted to it for […] Read more
Suzlon Energy Set to Sell Stake in 130 MW Solar Power Projects before March Updated On Mon, Feb 13th, 2017 by Saurenergy Suzlon Energy is in advanced talks to sell stake in another 130 MW solar power projects in a deal before March. Suzlon Energy has divested 49% stake in solar power projects totaling 210 MW and is in advanced talks to sell stake in another 130 MW projects in a deal that the company aims to […] Read more
Rs. 600 Crore Allocated for Grid connected Rooftop and small Solar Power Plants Programme Updated On Fri, Feb 10th, 2017 by Saurenergy Government allocates Rs 600 crore for solar power projects and Grid connected Rooftop Programmes An amount of Rs. 600 crore has been allocated for the projects under “Grid Connected Rooftop and Small Solar power Plants Programme” and Rs. 508.84 Crore has been released till 31.01.2017. This was stated by Shri Piyush Goyal, Minister of State […] Read more
ReNew Power Raises $475 Million at Cheaper Cost Updated On Tue, Feb 7th, 2017 by Saurenergy The green bonds yielded 6% at the close of subscription and have helped ReNew Power raise $475 Million. ReNew Power Ventures has raised $475 million by selling green bonds to overseas investors as the solar and wind energy producer plans to refinance debt. The bond yielded 6% at the close of subscription on Monday. The […] Read more
ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India Updated On Wed, Jan 18th, 2017 by Saurenergy ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […] Read more
Piyush Goyal dedicates World’s Largest LED Street Lighting Programme to the Nation Updated On Tue, Jan 10th, 2017 by Saurenergy 2 lakh Street Lights replaced in the South Delhi Municipal Corporation Area; Rs. 135 crores to be saved in next 7 years Union Minister of Power, Coal, New & Renewable Energy and Mines, Piyush Goyal on Monday dedicated the LED based Street Lighting National Programme (SLNP) to the Nation. It is the World’s Largest Street […] Read more
Year-End Review – Ministry of Power Updated On Mon, Dec 26th, 2016 by Saurenergy In view of the growing need of the Indian Economy, Government of India has embarked upon a massive programme to provide 24×7 power across the country by 2019. After the completion of half of its term, the Government has achieved many important milestones in the Power sector. Special focus has also been given to North East by giving […] Read more
10 Indian states accounting for approximately 90 percent of all solar installations and pipeline: Mercom Capital Updated On Fri, Dec 16th, 2016 by Saurenergy Mercom Capital in its recent report has revealed that top 10 states in the country accounting for approximately 90 percent of all solar installations and pipeline. According to the research firm as of December 2016India has a total installed large-scale solar capacity of 9,018 MW and a solar pipeline of 14,030 MW. The top 10 […] Read more
All you need to know about SECI’s 1000MW tender for rooftop solar Updated On Sat, Dec 10th, 2016 by Saurenergy Solar Energy Corporation of India (SECI) on December 9 launched a tender of 1000 MW capacity for development of grid-connected rooftop solar capacity for Central Government Ministries/Departments. This largest rooftop tender is expected to give a big boost to Rooftop Solar Power Generation Segment and help to achieve the Modi Government’s target for installation of […] Read more
