Solar Power Rate Touches Record Low Updated On Fri, Feb 10th, 2017 by Saurenergy Auction for world’s biggest solar power park in Rewa saw per unit tariff coming down to as low as Rs 2.99 per unit. Solar power rate touched a record low in Madhya Pradesh with per unit tariff coming down to as low as Rs 2.99 per unit. Auction for world’s biggest solar power park in […] Read more
Rewa Ultra Mega Solar Power Project Receives sub Rs 4 per Unit Bids Updated On Thu, Feb 9th, 2017 by Saurenergy Rewa Ultra Mega Solar Power Project bidding process starts, receives the lowest bid of Rs 3.59 per unit Madhya Pradesh government’s Rewa ultra mega solar power park has received the lowest bid of Rs 3.59 per unit. The tariffs are set to reduce further as the reverse e-auction for the 750 MW solar power project […] 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
India’s Total Solar Power Capacity Crosses 9 GW Updated On Tue, Feb 7th, 2017 by Saurenergy India’s Solar Power Capacity Crosses 9000 Megawatt with Tamil Nadu leading the Pack Country’s solar power generation capacity stood at over 9 GW as on December 31, 2016 with Tamil Nadu having the largest output capability followed by Rajasthan and Gujarat. Total solar power generation capacity was 9,012 MW as on December 31, 2016. Tamil […] Read more
Solar players expect tax incentives in budget, uncertainty over GST remains Updated On Tue, Jan 31st, 2017 by Saurenergy According to Solar players’ continuation of appreciated depreciation, a financial incentive, along with concessional interest rates and use of Rs 54,000 crore National Clean Energy Fund could be crucial to achieve country’s ambitious target. Amid uncertainties over the impact of Goods and Services Tax (GST) and Make in India programme being affected by falling prices […] Read more
Solar Industry’s Bigwigs Enlisted for REWA Ultra Mega Solar Power Project Bidding Updated On Tue, Jan 24th, 2017 by Saurenergy Madhya Pradesh government’s ultra mega solar power park at Rewa gets bidder’s list The Madhya Pradesh government’s ambitious ultra mega solar power park at Rewa has attracted 20 companies for 10 times the required capacity of 750 MW. ReNew Power and SoftBank promoted SBG Cleantech have bid for all the three units of 250 MW […] 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
750 MW Rewa Solar Power Project to Break New Ground Updated On Tue, Jan 17th, 2017 by Saurenergy The 750 MW solar powers tender for Rewa might break Rs 4 per unit barrier Bids for the proposed and much delayed 750 MW solar power tender in the Rewa district of Madhya Pradesh are expected to be submitted early next week although another extension still seems likely. The project is being tendered by Rewa […] Read more
Tata Power, Clean Max is the largest solar rooftop installers in India: Report Updated On Fri, Jan 13th, 2017 by Saurenergy Tata Power has 20 percent of the market share and is by far the largest solar rooftop installer in a small market. Global clean energy communications and research firm, Mercom Capital Group has released Top Rooftop Installers in India. Tata Power tops the list with 20% share, followed by Clean Max Enviro with 9%. In […] Read more
