Solar developers seems least interested for TANGEDCO’s solar projects Updated On Mon, Nov 28th, 2016 by Saurenergy In October, Tamil Nadu Generation and Distribution Corporation Limited floated a tender for 500 MW of utility scale solar projects. The tender received limited interest and that too predominantly from smaller developers who have submitted 20 bids totaling just 116 MW. This tender from TANGEDCO follows an allocation of approx. 1200 MW in early 2015 […] Read more
Demonetization hits solar power bids in Tamil Nadu Updated On Fri, Nov 25th, 2016 by Saurenergy Demonetization has hit solar power tenders in Tamil Nadu with many developers unable to put down large volumes of cash needed to purchase the land required. Out of 500MW for which Tamil Nadu Generation and Distribution Corporation (TANGEDCO) floated tenders early this month, 20 bids for only 116MW have been received. For presenting a bid […] Read more
ACME Cleantech raises Rs500 crore from Piramal Enterprises Ltd: Report Updated On Fri, Nov 25th, 2016 by Saurenergy ACME Cleantech Solutions Pvt. Ltd has reportedly raised Rs500 crore from Piramal Enterprises Ltd. According to Live Mint the investment in ACME was done by Piramal Enterprises’s Structured Finance Group. Speaking to the publication Nikhil Dhingra, group director for finance, ACME said “The funds are being used for funding the working capital requirements of the […] Read more
Industry’s Aspirations on Solar Blueprint Updated On Fri, Nov 25th, 2016 by Saurenergy Every year India faces severe electricity shortage, to meet the rapidly growing demand the country needs a massive addition in capacity. And to sustain the pace of economic growth with a commitment towards the reduction of greenhouse gases, India has to cut its dependency on fossil fuels for electrification. Therefore solar power installations in India […] Read more
ReNew Power acquires 49MW of rooftop solar tender from SECI Updated On Thu, Nov 24th, 2016 by Saurenergy ReNew Power Ventures has bagged the highest number of projects under a mega tender of 500 megawatts rooftop solar capacity floated by Solar Energy Corporation of India Limited (SECI). The tender was targeted towards institutional — schools, colleges, universities and residential buildings. It was aimed at promoting rooftop solar setups in these sectors. Around 130 […] Read more
Niti Aayog to go beyond traditional areas of planning, to promote solar rooftop initiative Updated On Wed, Nov 23rd, 2016 by Saurenergy Niti Aayog will broaden its purview to go beyond the traditional areas of planning and look at internal security, defense, social and development goals. “Niti Aayog has initiated an exercise to formulate vision and strategy for the period beyond the 12th Five Year Plan (which ends in March 2017),” Minister of State for Urban Development […] Read more
Center grants Rs 2.45 crore for solar city projects Updated On Tue, Nov 22nd, 2016 by Saurenergy The Government of India has granted Rs. 2.45 crore for development of solar city project. The master plan includes preparation of, solar city cells, promotional activities and installation of renewable energy projects under the Solar City Programme in Mysuru and Hubballi-Dharwad. According to a Press Information Bureau release, the Center had already released Rs 0.87 […] 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
Adani confirms plan to begin construction on the large-scale solar plant in Australia next year Updated On Mon, Nov 21st, 2016 by Saurenergy Indian mining and energy giant Adani power has confirmed that it is going ahead to build 100-200MW solar plant in the south-west of Moranbah in the Bowen Basin. The energy generated by the solar plant can power up-to 32,000 homes. The company in a statement said “it proposes to commence construction of two major solar […] Read more
