ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India Updated On Wed, Jan 18th, 2017 by Saurenergy ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […] Read more
Amplus plans to Acquire Solar Power Firm Kiran Energy Updated On Wed, Jan 18th, 2017 by Saurenergy Amplus Energy, through investor I Squared Capital, plans to acquire Solar Power Firm Kiran Energy Amplus Energy Solutions Pvt. Ltd, which has offered to sell solar power at a record-low tariff, has evinced interest in acquiring Kiran Energy Solar Power Pvt. Ltd, as reported on Mint. Amplus, backed by US private equity (PE) firm I […] Read more
Solar Energy Can Add Value To Poverty Alleviation Efforts: Piyush Goyal Updated On Wed, Jan 18th, 2017 by Saurenergy Solar energy can help in poverty alleviation programmes as it can provide income to a large number of people having land but no income from it Power Minister Piyush Goyal at World Future Energy Summit 2017 in Abu Dhabi said Solar energy can help in poverty alleviation programmes as it can provide income to a […] Read more
Piyush Goyal to release 3 reports today at ‘Empowering the Grid to meet Future Challenges’ Updated On Wed, Dec 21st, 2016 by Saurenergy Power Grid Corporation of India Ltd. (PGCIL) is organizing an event ‘Empowering the Grid to meet Future Challenges’ in National Capital where the Renewable Energy Minister, Piyush Goyal is expected to release three reports. The three reports include ‘Renewable Energy Integration: Transmission, an Enabler’ and ‘Green Energy Corridors – II’ and ‘Electricity Demand Pattern Analysis’. […] Read more
TRC releases its top 12 predictions for the energy, utility, and oil and gas sectors for 2017 Updated On Tue, Dec 13th, 2016 by Saurenergy TRC Companies has released its top 12 predictions for the energy, utility, and oil and gas sectors for 2017, including robust funding for utility mergers and acquisitions and infrastructure upgrades as well as big shifts in power plant and pipeline construction focus. TRC CEO Chris Vincze said: “Even as oil and gas prices fluctuate and […] Read more
India’s largest rooftop solar tender to see record low tariffs: Bridge To India Updated On Mon, Dec 12th, 2016 by Saurenergy Just last week, Solar Energy Corporation of India (SECI) launched a tender of 1000 MW capacity for development of grid-connected rooftop solar capacity for Central Government Ministries/Departments. The largest rooftop tender launched by SECI is expected to give a big boost to Rooftop Solar Power Generation Segment and help in fulfilling the Modi Government’s target […] Read more
Trina Solar Announces Third Quarter 2016 Results Updated On Thu, Nov 24th, 2016 by Saurenergy Trina Solar Limited, a global leader in photovoltaic (“PV”) modules, solutions, and services, announced its unaudited financial results for the quarter ended September 30, 2016. Third Quarter 2016 Financial and Operating Highlights Total module shipments were 1,361.2 MW, compared with 1,658.3 MW in the second quarter of 2016, and 1,703.2 MW in the third quarter […] Read more
Azure Power Announces Results for Second Fiscal Quarter 2017 Updated On Wed, Nov 23rd, 2016 by Saurenergy Azure Power Global Limited, one of the leaders in the Indian solar industry, announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the second quarter period ended September 30, 2016. Second Quarter 2017 Period Ended September 30, 2016 Operating Highlights: Operating & Committed Megawatts were at 1,021 MW, as of September […] Read more
The Investors Theorem: Your Rooftop PV Solar Project Updated On Mon, Nov 21st, 2016 by Saurenergy Over the past two decades, there have been many attempts to reform the electric utility market. The costly and complex operations of transporting energy have made utilities natural monopolies, while regulatory barriers and the high fixed costs of building and maintaining regional electrical grid infrastructure have also kept much competition at verge. Now with vigorous […] Read more
