Greenko Agrees to Buy Orange Renewables for $1 Billion Updated On Mon, Jun 4th, 2018 by Saurenergy The acquisition would mean Greenko standing at par with ReNew Power in terms of the total operating capacity of nearly 4.3 GW. It will surpass the Tata Power who has generated the total of 2 GW from renewable energy so far. With the acquisition of solar and wind portfolio of Orange Renewables for $1 billion, […] Read more
Viz-A-Viz with Debi Prasad Dash, Director – IESA Updated On Mon, Jun 4th, 2018 by Saurenergy Q. What are your thoughts about Li-ion battery future in India? Manufacturing of new technology batteries is at a nascent stage in India. There are no Li-ion cell manufactures in India but several companies like EXCIOM, ACME, Delta, Coslight and Future hi tech batteries have established Li-ion assembly plant in India. At least five major […] Read more
Suzlon Energy Posts Q4 Net Loss at Rs 470 Cr; 340 MW Solar Projects Commissioned Updated On Thu, May 31st, 2018 by Saurenergy There is traction across all new and emerging segments in the sector as evidenced in several positive policy actions for offshore, wind‐solar hybrid, repowering, captive, and feed‐in‐tariff for small projects upto 25 MW, says Tulsi Tanti. Solar & other renewable energy solutions provider Suzlon Energy reported its consolidated net loss at Rs 469.85 crore in […] Read more
Divergent Rulings Put Solar Companies in Dilemma Updated On Mon, May 28th, 2018 by Saurenergy To seek clarity on the matter the industry has knocked the doors of government. On the one hand, Maharashtra AAR in his two rulings have favored a GST rate of 18% which threats installations as a whole works contract. The solar industry has been thrown into confusion after divergent decisions form two separate Authority for […] Read more
Azure Power Reaches New Milestone; Crosses 2 GW Solar Portfolio Updated On Tue, May 22nd, 2018 by Saurenergy As per the tender terms, the company will sign a 25 year Power Purchase Agreement (PPA) with Mahagenco at a tariff of Rs 3.07 (~US 4.7 cents) per kWh. Yet adding another feather in the cap, Indian solar power producer, Azure Power, has enhanced its portfolio by crossing the 2 GW milestone by winning four […] Read more
ACME Secures 250 MW Solar PV Project under MSEDCL’s 1,000 MW Bid Updated On Tue, May 22nd, 2018 by Saurenergy The selection process concluded at a very competitive tariff wherein ACME was allotted largest capacity i.e. 250 MW at a tariff of Rs 2.72/kWh. Country’s one of the leading utility-scale solar power developer ACME has won the 250 MW solar Photo Voltaic (PV) capacity in the reverse auction invited by Maharashtra State Electricity Distribution Co […] Read more
Kalpataru Unveils Parkside Galleria, World Class Real Estate Experience Centre at Thane Updated On Tue, May 22nd, 2018 by Saurenergy Spread over 40,000 sq. ft., Parkside Galleria, is one of the biggest experience centres in the country Mumbai, Maharashtra, India Kalpataru Limited, India’s leading luxury real estate developer, has unveiled one of the country’s largest and one of its kind real estate experience centres, Parkside Galleria, at Kolshet Road in Thane. Comprising 40,000 square feet of […] Read more
SB Energy Wins 200 MW Auction in Karnataka Updated On Sat, May 19th, 2018 by Saurenergy The only competitor in the bidding of new projects was Tata Power Renewable Energy. Tata’s bid for the projects was Rs 2.83 per unit, which is one paisa more than that of SB Energy. Auctioned by Solar Energy Corporation of India (SECI), SB Energy has bagged entire 200 MW of solar projects at a tariff […] Read more
MSEDCL to Buy Cheapest Solar Power in the Country Updated On Thu, May 17th, 2018 by Saurenergy MSEDCL issued tenders to buy 1,020 solar power from private producers. The two companies that agreed to supply power are JLTM Energy and Mahoba Solar. Both agreed to supply 20 MW and 200 MW at the rate of Rs 2.71 per unit. Maharashtra State Electricity Distribution Company Limited (MSEDCL) has entered into an agreement with two […] Read more
