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madhya pradesh

SunSource Energy Aims to Set-Up 200 MW Solar Park in UP

The project will be financed through a mix of debt and equity. Solar power solutions provider, SunSource Energy Pvt Ltd is planning to build a 200-mw solar park in Uttar Pradesh (UP) with an investment of Rs 900 crore. Commenting on the matter, SunSource Energy, President, and Co-Founder, Kushagra Nandan said, “At the Uttar Pradesh Investors Summit […]

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SunSource Energy Raises Fund from SBICAP Neev Fund via PE Investment

This investment would be used in developing solar project assets in states with low levels of capital investment, namely Uttar Pradesh, Rajasthan, Madhya Pradesh, Bihar, Orissa, Jharkhand, West Bengal and Chhattisgarh. Solar energy products supplier, SunSource Energy Pvt Ltd has raised an undisclosed amount from the Neev Fund, which is a joint venture between SBI […]

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Hartek Power Crosses 1k MW Milestone in Solar Installation

With other 285 mw projects under execution, the company is expecting to reach the 1,500 mw-mark by March 2018. Punjab-based Hartek Group said that its power system arm, Hartek Power, has crossed the milestone of 1,000-mw capacity in solar installations on pan India basis. The company in a statement said, “From 598 mw capacity as […]

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Solar Power to Illuminate Bhopal’s Tatya Tope Multipurpose Stadium

According to the official, stadium has been paying around Rs 5 lakh per month and now it would be brought down to Rs 2 lakh.   In a significant development, the Tatya Tope Multipurpose Stadium in Bhopal, the state capital of Madhya Pradesh has become the first non-cricket stadium in the country to be completely […]

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Dealing With Cracks in India’s Solar Dreams

In a first of its kind study in India, scientists from Indian Institute of Technology Bombay (IITB) and National Institute of Solar Energy, New Delhi, conducted a detailed survey at 51 locations across India to check for the degradation in the performance of photovoltaic modules. This study, to establish reliability of the modules, could help […]

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Azure Roof Power to Electrify 152 Schools under MHRD Across Six States

Azure Power will sign the power purchase agreement with Navodaya Vidyalaya Samiti, an autonomous body under Ministry of Human Resource Development, Government of India. Azure Power has announced it has won a 11.35 megawatts (MWs) solar rooftop power project. This is the largest allocation for this auction, 60% of the total. Azure Power will sign […]

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India Asset Examined to Exit SkyPower Global by ReNew, Greenko, Hero

SkyPower won contracts to set up three solar ventures of 50 MW each in Madhya Pradesh in June 2015 and four tasks of 50 MW each in Telangana in August that year. No less than three Indian engineers are looking at the advantages of Canadian sustainable power source organization SkyPower Global, which intends to leave India […]

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Solar Power Projects Get Assistance from International Institutions: Government

The assistance for solar power projects under such schemes are available to all States/UTs depending on requirement and demand. The Government has various solar power programmes which are being implemented through assistance of World Bank, International Finance Corporation and other multilateral financial institutions. This was stated by Power and New & Renewable Energy Minister, Raj […]

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Year End Review 2017 –MNRE

Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […]

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