Thomaslloyd Buys Significant Stake in SolarArise India Updated On Wed, Oct 10th, 2018 by Saurenergy Following the investment, the company will become the largest shareholder in SolarArise. ThomasLloyd has acquired a significant stake in solar project developer SolarArise India Projects (SolarArise), which currently owns and operates 130 MW of grid-connected solar power projects in India. The company’s investment is expected to support it’s expansion of its solar energy capacity by […] Read more
Azure Prices its Public Offering of 1.48 Cr Equity Shares at $12.50 Per Share Updated On Sat, Oct 6th, 2018 by Saurenergy As part of this offering, the company has granted the underwriters a 30-day option to purchase up to an additional 1,200,000 equity shares at the public offering price, less underwriting discounts and commissions. Azure Power Global (Azure Power) has priced its underwritten public offering of 14,800,000 equity shares (offering) at a public offering price of […] Read more
SECI’s 5000MW Solar Auction Gets Single Bidder Updated On Fri, Sep 28th, 2018 by Saurenergy As part of the government’s targets of achieving a cumulative capacity of 100 GW Solar PV installation by 2022, the SECI had invited bids from developers. Weighed down by the industry sentiment, state-run Solar Energy Corporation of India (SECI) has received unsatisfactory response for its tender of 5GW per year solar manufacturing as only a single bidder […] Read more
MSEDCL, Regulator to Consult Wind Power Players for Zone Disputes: Bombay HC Updated On Mon, Sep 24th, 2018 by Saurenergy The high court’s decision came out as a relief for the developers as it affirmed that the authority would make sure that the developers are heard before any decision is made regarding the reclassification of wind power zones. Bombay High Court has directed Maharashtra’s discom Maharashtra State Electricity Distribution Company (MSEDCL) and the state’s electricity […] Read more
Solar Module Manufacturing Quality Management – A Huge Opportunity Updated On Wed, Sep 5th, 2018 by Saurenergy Manufacturing sector plays a vital role in the success of the industrial development of any country and also contributes significantly towards it’s economy. With market globalization, India’s manufacturing industries, including photovoltaic (PV) module manufacturing industry, has improved their competitiveness to face tougher challenges in the market. In today’s scenario, quality has become the key focus […] Read more
India’s Solar Race toward Next Decade Updated On Tue, Sep 4th, 2018 by Saurenergy Buoyed by the quite impressive performance of India’s renewable energy sector and especially in the solar space in recent years, the Government of India took a daring move and revised its ambitious renewable energy targets from 175 GW to 227 GW by 2022. Following the move, it also aimed to auction 40 GW of renewable […] Read more
New Energy Solar to Buy 87 MW Beryl Project from First Solar Updated On Wed, Jul 25th, 2018 by Saurenergy Currently, the 87 MW Beryl Solar Project is under construction and is expected to start commercial operation in mid-2019. Sydney based New Energy Solar has inked a binding pact to acquire Beryl solar project from First Solar in Australia. The company said in a statement that, “It has entered into binding agreements to acquire the […] Read more
Over 60 Cos Participated in MP’s 28 MWp Rooftop Solar Project Pre-Bid Meet Updated On Sat, Jun 23rd, 2018 by Saurenergy Moreover, the bids will be submitted for the tender by July 9, and the financial bid will be opened on 19th July. More than sixty prospective bidders from across the country have participated in the 2nd pre-bid meeting for Madhya Pradesh’s 28 MWp rooftop solar project. As per the Madhya Pradesh Urja Vikas Nigam Ltd (MPUVNL) […] Read more
Adequacy of Transmission Infrastructure Critical, Says ICRA Updated On Fri, May 25th, 2018 by Saurenergy “The notified regulations are positive for developers in the renewable energy sector, as they provide clarity on the procedure and timelines for securing approval for connectivity from the central transmission utility.” In a positive move for developers the Central Electricity Regulatory Commission (CREC) has put out new set of norms on inter-state transmission system (ISTS) for renewable […] Read more
