Lightsource plans to invest Rs 6500 crores in India Updated On Mon, Nov 14th, 2016 by Saurenergy UK-based Lightsource Renewable Energy will invest Rs 6500 crores over the next 2-3 years to set up 1000 MW solar energy projects in India. “The company is looking at developing 1000 MW of solar power projects entailing an investment of Rs 6,500 crore over the next 2-3 years,” Lightsource Renewable Energy Ltd Managing Director and […] Read more
Lightsource dives into the Indian solar market Updated On Mon, Nov 14th, 2016 by Saurenergy UK’s largest solar energy generator Lightsource Renewable Energy has dived into the Indian solar market and reportedly spearheading massive investment in solar segment in the country. Early this year in September the company bagged 50 MW solar project out of 450MW tendered in Maharashtra. Lightsource recently in a statement said that it is looking to […] Read more
Poor implementation of net-metering policies poses a major challenge for rooftop solar Updated On Mon, Nov 7th, 2016 by Saurenergy India’s rooftop solar market has been growing rapidly with the country adding more capacity in the past 12 months than all previous years put together. However, grid interconnection regulations and processes remain challenging in most parts of the country despite almost all states announcing net- and/or gross-metering policies for rooftop solar. According to survey of […] Read more
Hartek Power secures 460 MW solar orders Updated On Thu, Oct 20th, 2016 by Saurenergy Hartek Power has announced that the company has bagged orders for commissioning of 460MW solar projects in the first half of the current financial year, registering an increase of 373% over last year when the company had secured 123MW orders. The 460MW orders secured by the Chandigarh based solar firm include 16 substation projects of […] Read more
Government of India plans to set up solar park in Marathwada Updated On Mon, Oct 17th, 2016 by Saurenergy Union Minister of State for Power, Piyush Goyal has said that the Government of India seems quite keen to set up a solar power park in Marathwada if the Maharashtra authorities provide land for it. Stating that the region could be ideal for generating good amount of solar energy, Piyush Goyal stated that government firms […] Read more
Reliance Power plans to set up a 400 MW solar plant as part of its capacity expansion programme Updated On Fri, Sep 30th, 2016 by Saurenergy Reliance Power plans to double capacity of its Rosa and Butibori thermal power plants and will set up a 400 MW solar plant in the coming years, the company’s Chairman Anil Ambani said today. Addressing RPower’s 22nd Annual General Meeting, he said it will double the capacity of its Rosa and Butibori power plants to […] Read more
Tata Power acquires WREPL through share purchase agreement Updated On Thu, Sep 15th, 2016 by Saurenergy TPREL (Tata Power Renewable Energy Ltd), an arm of Tata Power, has completed 100 percent share purchase in WREPL (Welspun Renewable Energy Pvt Ltd) and its subsidiaries. Earlier in June, the company had announced that TPREL will acquire WREPL through a share purchase agreement (SPA) at an enterprise value of Rs 9249 crore, subject to […] Read more
Coal India to develop solar power plants of 600 MW capacity in four states Updated On Mon, Sep 5th, 2016 by Saurenergy Coal India Limited (CIL) is reportedly planning to set up 600 MW solar power plants in four states, including West Bengal and Maharashtra. This project comes under agreement CIL signed with SECI to set up a total 1,000 MW green energy plants in different part of the country reports PTI. The Solar Energy Corporation of […] Read more
Tamil Nadu ranks number 1 for commissioned capacity in both wind and solar: Bridge To India Updated On Tue, Aug 23rd, 2016 by Saurenergy India’s total installed solar capacity recently reached 8.1 GW has grown by over 80% in the last 12 months to reach 8.1 GW. According to latest industry update from Bridge to India, out of the 3.6 GW capacity added in this period, 2.7 GW has come from four southern states with Tamil Nadu alone adding […] Read more
