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
Bhageria Industries wins 30MW Solar Power Project from SECI Updated On Mon, Mar 14th, 2016 by Saurenergy Bhageria Industries (BIL) is known to have won 30MW Solar Power Project from Solar Energy Corporation of India (A Government of India Enterprise). Under this deal, BIL will install 30 MW Solar Power Plant at Ahmednagar District, Maharashtra and the project completion deadline has been sketched till the first quarter of 2017. BIL will execute […] Read more
SECI invites engagement of Advisor/Consultant for developing business prospects under Solar Pumping Programme Updated On Wed, Mar 2nd, 2016 by Saurenergy Solar Energy Corporation of India Ltd. has invited applications from eligible Indian National for engagement as Consultant/Advisor for developing business prospects under its Solar Pumping Scheme. The contract period is initially for a period of 06 months and can be terminated by giving a prior notice of minimum 2 (two) weeks and may be extended […] Read more
