IDFC Alternatives to Acquire First Solar’s India portfolio for Rs 1950 Crore Updated On Mon, Jul 31st, 2017 by Saurenergy IDFC infrastructure will acquire entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India for around $300 million. The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects […] Read more
India Aspiring For Global Leadership in Climate Action: Anand Mahindra Updated On Fri, Jul 28th, 2017 by Saurenergy Heavy investment in solar and wind has helped drive down costs of electricity to a point where, in many places, renewable sources can generate electricity more cheaply than conventional sources such as coal. India is aspiring for a global leadership in climate action and has set an “ambitious” goal of receiving 40 per cent of […] Read more
Buy Abroad Diktat Doesn’t Worry India’s Solar Sector Updated On Mon, Jul 24th, 2017 by Saurenergy India has to make suitable policy changes to protect its fledgling solar manufacturing sector from foreign competition. India has to make suitable policy changes by December this year to remove measures it had undertaken to protect its fledgling solar manufacturing sector from foreign competition, according to a recent notice issued by the Dispute Settlement Body […] Read more
Finland’s Taaleri Mulling to Acquire Solar Power Projects in India Updated On Fri, Jul 21st, 2017 by Saurenergy Taaleri is actively looking for acquiring solar power projects in India. The wealth management and financing company will utilize its Solar Wind fund to invest internationally in renewable energy India’s solar low-tariff is marking a significant global approach as more international companies are eyeing towards India’s solar market. Now a Finland wealth management and financing […] Read more
Centre to Notify Guidelines for Renewable Power Procurement Updated On Fri, Jul 21st, 2017 by Saurenergy Until the guidelines are drafted, the till then projects will be set up under existing provisions of the Electricity Act, 2003 under section 62 wherein the State Regulatory Commission is to be approached for fixation of tariff. The Union Ministry of New and Renewable Energy has clarified that a guideline for procurement of renewable power […] Read more
International Finance Corporation Plans $6 Billion Investment in India Updated On Wed, Jul 19th, 2017 by Saurenergy International Finance Corporation (IFC) has invested over $2 billion in green buildings initiatives in India since 2005, and is planning to put up to $6 billion in India over the next five years to support the initiative. International Finance Corporation (IFC), a World Bank Group member has planned to invest up to $6 billion in […] Read more
India Launches Solar Power Project in Egypt Updated On Mon, Jul 17th, 2017 by Saurenergy The solar power project was inaugurated by India’s Ambassador to Egypt Sanjay Bhattacharyya and Major General Alla Fathi Abou Zeid, Governor of Matrouh. India has launched a solar power project with state-of-the-art technology to electrify a remote village in Egypt. The Solar Electrification Project, an off-grid system that is ideal for remote locations, has been […] Read more
Goa Energy Development Agency Invites Public Suggestions on Draft Solar Power Policy Updated On Mon, Jul 17th, 2017 by Saurenergy Suggestions on Draft Solar Power Policy will be compiled by GEDA and submitted to the government, which will then consider incorporating them after taking into consideration the financial implications for each. The Goa Energy Development Agency (GEDA) has received around 10 suggestions on the draft solar policy during the 10 days to receive public comments. […] Read more
TNERC Award Blow to Adani Green Energy over Backdowns Updated On Mon, Jul 17th, 2017 by Saurenergy TNERC has directed Adani Green Energy to resubmit the petition as a ‘Dispute Resolution Petition’ (DRP) rather than under the ‘Miscellaneous’ category. The latest award of the Tamil Nadu Electricity Regulatory Commission (TNERC) is a setback for Adani Green Energy in its running battle with Tamil Nadu’s distribution and transmission companies over the problem of […] Read more
