Intersolar India is celebrating its 10th anniversary in Bengaluru – the Silicon Valley and technology hub of India Updated On Thu, Mar 1st, 2018 by Saurenergy Solar developments in India grew exponentially in 2017. Further announcements and new market opportunities in the energy storage and electric mobility sector strengthen India to become an interesting and very promising market in the future. The state of Karnataka is one of the most flourishing Indian solar markets and the first Indian state to launch […] Read more
Renew Power Commits Rs 13k cr Investment on Clean Energy in AP Updated On Mon, Feb 26th, 2018 by Saurenergy The move has come to develop renewable energy capacity in Andhra Pradesh and also helps in generating direct employment for 4,000 people and indirect employment for 6,000 people. Renewable energy company ReNew Power has inked a Memorandum of Understanding (MOU) with the Andhra Pradesh (AP) government during the ongoing 3-day CII Partnership Summit to invest Rs 13,000 crore over the next five years. […] Read more
India will Achieve Installed RE Capacity Target Before 2022: MNRE Secy Updated On Fri, Feb 23rd, 2018 by Saurenergy International Solar Alliance (ISA) will help mobilise sufficient funds for solar energy projects. The Ministry of New and Renewable Energy (MNRE), Secretary, Anand Kumar said that India would achieve its target of installed renewable energy capacity of 175 GW well before 2022 for which bidding process would be completed on time. Anand Kumar while speaking […] Read more
ReNew Power to Invest Rs 8k cr in UP to Set Up 1,200 MW Renewable Capacity Updated On Thu, Feb 22nd, 2018 by Saurenergy The move will create 12,000 jobs in the state, including direct employment for 5,500 people and indirect employment for 6,500 people, to facilitate development of 1200 MW of renewable energy installed capacity in the state. ReNew Power Ventures has signed a Memorandum of Understanding (MOU) with the Uttar Pradesh (UP) government to invest Rs 8,000 crore for 1,200 […] Read more
Solar Home Lighting System Powers Rural India Updated On Wed, Feb 21st, 2018 by Saurenergy With no energy costs and often simple installation, more and more people particularly in rural areas are putting their faith into the solar revolution and switching to harness energy from the sun by using solar home lighting systems. Recent advancements in the technology helped millions of households to use solar home lighting devices. The Solar […] Read more
International Solar Alliance, India’s Brainchild Shaping the Global Solar Industry Updated On Sat, Feb 17th, 2018 by Saurenergy The International Solar Alliance (ISA) aims at increasing solar energy deployment in member countries at an affordable rate, create solar grids and establish solar credit mechanism. When we talk about tackling climate change, the biggest developments are in the offing. The aim is to adopt clean energy sources and to move towards a fossil-free future […] Read more
SunSource Energy Aims to Set-Up 200 MW Solar Park in UP Updated On Sat, Feb 17th, 2018 by Saurenergy The project will be financed through a mix of debt and equity. Solar power solutions provider, SunSource Energy Pvt Ltd is planning to build a 200-mw solar park in Uttar Pradesh (UP) with an investment of Rs 900 crore. Commenting on the matter, SunSource Energy, President, and Co-Founder, Kushagra Nandan said, “At the Uttar Pradesh Investors Summit […] Read more
SunSource Energy Raises Fund from SBICAP Neev Fund via PE Investment Updated On Fri, Feb 16th, 2018 by Saurenergy This investment would be used in developing solar project assets in states with low levels of capital investment, namely Uttar Pradesh, Rajasthan, Madhya Pradesh, Bihar, Orissa, Jharkhand, West Bengal and Chhattisgarh. Solar energy products supplier, SunSource Energy Pvt Ltd has raised an undisclosed amount from the Neev Fund, which is a joint venture between SBI […] Read more
Tamil Nadu Among Nine Global Market Leaders in Renewable Energy Updated On Fri, Feb 16th, 2018 by Saurenergy Wind and solar accounted for 14.3 percent of Tamil Nadu’s total electricity generation in 2016-17. The state leads India in variable renewables market share. It also leads India in installed renewable energy capacity. Tamil Nadu figures in the list of nine major global power markets in renewable energy, according to a new research by […] Read more
