Hartek Power bags 330 Mw solar projects Updated On Thu, Jul 7th, 2016 by Saurenergy India’s fastest growing EPC Company Hartek Power has bagged substation orders for 330-Mw solar projects across the country in the Q1 of the current FY. The Chandigarh based company has set a target of executing EPC for 500-Mw solar power projects to the grid 2016-17. The 330-Mw solar EPC orders include 10 substation projects of up to 132 Kv spread across […] Read more
PLG Clean Energy bags 230 MW solar power plant licenses Updated On Wed, Jun 8th, 2016 by Saurenergy PLG Clean Energy Project has announced that it has secured and won 230 MW Solar Power Plant licenses through transparent and disruptive reverse bidding mechanism of Govt of India in 2016. The company will soon embark on developing 230 MW solar power plants across the states of Maharashtra, Jharkhand and Rajasthan. Solar Energy will be […] Read more
CLP likely to enter Indian solar market with purchase of 100 MW of solar power project from Suzlon Updated On Wed, May 4th, 2016 by Saurenergy CLP India is reportedly in talk with wind energy giant Suzlon to buy 100MW of PV projects. Early this year in January Suzlon made its maiden entry into the solar space winning tender for 210 MW of projects in the state of Telangana. The 210 MW of project includes one project of 100 MW, one […] Read more
Tata Power to acquire renewable energy assets of Welspun Group: Report Updated On Mon, May 2nd, 2016 by Saurenergy Tata Power is reportedly gearing up to acquire the renewable energy assets of the diversified Welspun Group, valuing the 1,152 MW portfolios of operational solar and wind farms. The ET citing sources close to the company reports that the deal may be valued at close to $1.45 billion inclusive of debt. Both the companies are in final […] Read more
ICRA estimates the capacity addition in the renewable energy sector to increase to 8.8 GW in FY 2017 Updated On Thu, Apr 21st, 2016 by Saurenergy ICRA has estimated the solar capacity addition to increase to about 5.7 GW in FY2017 as against the 3.0 GW seen in FY2016 based on the tenders already floated and proposed for award of solar projects under various State and Central Government policies so far. However, ICRA in its report notes that in the wind […] Read more
Suzlon acquires five solar companies to implement various renewable energy projects Updated On Wed, Apr 20th, 2016 by Saurenergy Suzlon Energy Ltd on Tuesday announced that it has acquired five solar energy companies for an undisclosed sum to help implement various renewable energy projects across the country. The firm informed BSE in a regulatory filing that it has acquired Gale Solarfarms, Tornado Solarfarms, Abha Solarfarms, Aalok Solarfarms and Shreyas Solarfarms to implement various renewable […] Read more
ABB India, Welspun Energy reach 700MW of installed solar PV in India Updated On Wed, Apr 6th, 2016 by Saurenergy Supplier of solar photovoltaic (PV) inverters ABB and developer Welspun Energy today announced that together they have installed about 700 MW of solar photovoltaic projects across several states in India. It includes a key project of 52 MW on PPP (pubic-private partnership) for Maharashtra State Generation Company at Baramati. “By setting up large scale solar […] Read more
SECI’s latest tender for solar plants in Uttar Pradesh find bidders at Rs. 4.43 per kwH Updated On Tue, Mar 29th, 2016 by Saurenergy The Solar Energy Corporation of India’s (SECI)’s latest tender for solar plants in Uttar Pradesh with base tariff of Rs 4.43 per kwH has managed to tug bidders, though many in the trade believed the price too aggressive. RattanIndia Solar Ltd has bagged 50 MW solar projects at the Allahabad solar park, while SolaireDirect bagged […] Read more
Mahagenco to step up solar power generation on top of water bodies Updated On Mon, Mar 21st, 2016 by Saurenergy Maharashtra State Power Generation Company Limited (Mahagenco) has revealed plans to step up solar power generation atop water bodies with water resources department and local self-governing bodies reports TOI. The company officials are working closely with government agencies owning the water bodies on revenue-sharing model. Mahagenco replicating the Gujarat model will cover canals and water […] Read more