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
Piyush Goyal: NLC India to Bid for Railways’ Solar Projects Updated On Thu, Feb 15th, 2018 by Saurenergy NLC entered into the solar sector with the commissioning of a 140 MW plant at Neyveli. In a significant development, Union minister Piyush Goyal said state-owned NLC India is working hard to bid for Indian railways’ solar projects. According to the Minister, Indian Railways will start bidding process soon, “for expanding solar footprint of railways […] Read more
Viz-A-Viz with Neelesh Garg, Director | Saatvik Green Energy Updated On Tue, Feb 13th, 2018 by Saurenergy SOLAR MARKET HAS A LOT OF SCOPE IN INDIA Saatvik Green Energy is on a mission to lead the global transition to renewable energy in India. Having established its manufacturing facility in the state of Haryana, Saatvik actively supports the initiatives to provide clean sources of energy, by manufacturing and distributing world class solar photovoltaic […] Read more
After a Lull 2017, India’s Solar Power Sector is Rising Again Updated On Fri, Feb 9th, 2018 by Saurenergy With rising solar panel costs and other issues, the sector had witnessed a sharp decline in late months of 2017. The Indian solar power sector started on a good note in 2018. The good thing is that solar industry now has over 4,000 megawatts (MW) of projects that it is going to bid for and […] Read more
