Power Ministry achieves the target of electrifying 7,000 villages in the current fiscal Updated On Mon, Mar 28th, 2016 by Saurenergy The Power Ministry on Monday said it has achieved the target of electrification of 7,000 villages in this FY2016. During last week (from 21st to 27th March 2016) 196 villages have been electrified across the country under Deen Dayal Upadhyaya Gram Jyoti Yojna (DDUGJY), of these electrified villages, 75 are in Assam, 22 in Arunachal […] Read more
India to become the 3rd Largest PV Market to overpower Japan – Reports Updated On Wed, Mar 23rd, 2016 by Saurenergy India’s overall solar project in pipeline now stands at a staggering 23 GW. More than half of it is expected to come online within two years. Bridge to India estimates capacity addition of 4.8 GW solar power plants by this year and over 9 GW in 2017 excluding capacity additions in the rooftop and open […] Read more
SunEdison finds difficult to get buyers for its projects in India Updated On Wed, Mar 23rd, 2016 by Saurenergy US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […] Read more
MOIL Team approves Solar Investment of Rs 61.83 crore Updated On Sat, Feb 13th, 2016 by Saurenergy State-run MOIL announces that its board team has accredited investment proposal for setting up 10.50 MW solar power project for captive use in the lease hold areas of company’s mines situated in Madhya Pradesh and Maharashtra, with a total estimated cost of Rs 61.83 crore. “The Board of Directors of the company at its meeting […] Read more
India Aims to Enforce 2 GW Solar Power Capacity by this Financial Year Updated On Tue, Jan 19th, 2016 by Saurenergy After a major milestone of solar energy production reached by India, Latest report cites that around 2GW of solar power capacity is expected to foster by the last financial quarters. Between January and March 2016, major facilities have been identified across four states – Tamil Nadu, Madhya Pradesh, Andhra Pradesh, and Telangana. India has already […] Read more
IFC, MP Govt to Build the Largest Single-site Power Project in Rewa Updated On Mon, Jan 18th, 2016 by Saurenergy A member of the World Bank Group share intends to partner with Madhya Pradesh government for a massive solar project. IFC and state govt. aims to setup the largest single-site power project of 750-Mw in Rewa. IFC will put its expertise to structure and propose the transaction through private investments of about $750 million. “Successful […] Read more
India Reaches ambitious 5,000 MW of Solar Power Installed Capacity Updated On Fri, Jan 15th, 2016 by Saurenergy The solar power generation figures underlined by the Govt. of India by 2022 is getting some momentum, latest report asserts that till Mid – January the installed capacity of solar power in India crossed the milestone of 5,000 MW. The cumulative installed capacity has reached to 5,130 MW with installed capacity of 1385 MW in […] Read more
$100 Million Manufacturing Units Enters Karnataka Updated On Mon, Dec 14th, 2015 by Saurenergy US based Triton Solar has conferred a venture of $100 million to set up a nanotechnology-powered solar panel assembling in Karnataka. The concurrence was endorsed between Karnataka’s Addl. Chief Secretary (commerce and industries) K Ratna Prabha and Triton Solar Founder / CEO Himanshu B Patel in New York recently. The New Jersey-based Triton Solar produced […] Read more
Huawei and India’s Waaree Energies Clears Path for Renewable Technology Updated On Thu, Dec 10th, 2015 by Saurenergy Amid the Intersolar India 2015 display and meeting held at Mumbai between 18th of Nov to 20th of Nov, 2015 Huawei Technology Co. Ltd., China has declared its association with Waaree Energies Ltd. Waaree Energies Ltd. has put in a request for 100 MW’s of string Inverter and SmartPV arrangements on Huawei for its undertakings […] Read more