India to Tender Development of 25 GW Solar Park in J&K Updated On Fri, Aug 24th, 2018 by Saurenergy The solar park in J&K is expected to deliver power to a transmission point in the neighboring state of Himachal Pradesh for further dispensation. Adding a significant amount of solar power development under ‘National Solar Mission’, Power Secretary R K Singh has mentioned in a media meet that the power ministry is thinking to roll […] Read more
India’s First ISTS connected Wind Power Project Commissioned Updated On Fri, Aug 24th, 2018 by Saurenergy Government’s plan of 175 GW RE by the year 2022 Solar Energy Corporation of India Limited (SECI) conducted India’s first auction of wind power projects in February 2017 in which tariff of Rs. 3.46 was discovered, which was much lower than feed in tariffs in vogue those days. This was a 1000 MW bid for […] Read more
Cygni Energy Raises $6.4 mn to Back Expansion Updated On Thu, Aug 23rd, 2018 by Saurenergy Cygni Energy equity funding is led by Endiya Partners, a leading early-stage venture capital firm that invests in product startups, and the debt by IndusInd Bank, a leading Private Bank in India. Hyderabad based innovative Solar-DC solutions startup, Cygni Energy has raised a funding of USD 6.4 million through a combination of Equity and Debt. The equity funding […] Read more
REC Group Makes Comeback in India with RESCO’s 45MW Solar Order Updated On Thu, Aug 23rd, 2018 by Saurenergy Order winner, REC Group has planned to showcase its breakthrough technologies in the upcoming Renewable Energy India Expo (REI Expo). European solar photovoltaic (PV) panel provider in India, REC Group has clocked major orders in the rooftop RESCO segment in the month of June and July. The total orders combined for the three-leading solar EPC […] Read more
Adani Green Energy Acquires AGEPtel to Foray Global Investments Updated On Wed, Aug 22nd, 2018 by Saurenergy AGEPteL has authorised and paid-up share capital of USD2,000 with no turnover as on March 31, 2018. Adani Group’s solar power generation and manufacturing arm, Adani Green Energy has acquired 100 percent stake in Adani Green Energy Pte (AGEPtel) from its group firm Adani Global Pte (AGPte) as per the BSE filing. Launched in March […] Read more
Mytrah Energy Wins 300MW Out of NTPC’s 1200MW Auction Updated On Wed, Aug 22nd, 2018 by Saurenergy Mytrah Energy quoted a tariff of Rs. 2.79 per unit under the reverse e-Auction and won the bid for a capacity of 300 MW in the first Inter-State Transmission System (ISTS) wind bids conducted by NTPC. Leading renewable power producer, Mytrah Energy has won NTPC tender of 300 MW wind power out of 1200 MW […] Read more
Fotowatio to Withdraw from Solar Project in India Updated On Tue, Aug 21st, 2018 by Saurenergy Having the FRV’s solar project in Ananthapuramu Solar Park in Andhra Pradesh on sale, Edelweiss Infrastructure Yield Plus Fund and Actis LLP’s Sprng Energy have already indicated interest in acquisition. Arabian clean and renewable energy solutions provider, Fotowatio Renewable Ventures (FRV) has planned to withdraw its only ownership in the Indian solar space. Having the […] Read more
Greenko Group Unsure of Buying Orange Renewables Updated On Tue, Aug 21st, 2018 by Saurenergy The USD 1 billion deal between the two giants would have made Greenko Group country’s 2nd largest firm in renewable energy space following ReNew Power that has highest new energy capacity. Utility-scale clean and affordable energy provider, Greenko Group has been reluctant to buy wind and solar energy assets of Singapore based renewable energy developer, Orange […] Read more
Radite Energy Successfully Commissions 265 KW Solar Project at Khalsa College, Amritsar Updated On Mon, Aug 20th, 2018 by Saurenergy Radite Energy has bagged the project from Amplus Solar and both the companies has completed this project parallel with the 1.39 MW of solar project at India Expo Centre in Noida, as confirmed by the company’s spokesperson. Adding another feather in the cap, Gurgaon based Radite Energy has successfully commissioned 265 KW solar project at […] Read more
