Indian Solar Sector Witnessed $1.6 Billion In Funding And M&A Transactions In Q1 2017: Mercom Capital Updated On Thu, Apr 13th, 2017 by Saurenergy Mercom Capital in its report states that ReNew Power was the highest funded company raising VC (venture capital), debt and project funding during the quarter. Renewable Energy Minister Piyush Goyal recently informed Rajya Sabha that India has added 5525 MW solar power generation capacity last fiscal, taking the total from this clean source to 12288 […] Read more
IDFC Alternatives looking to buy First Solar’s 200 MW assets in India for $200 million: Report Updated On Thu, Apr 13th, 2017 by Saurenergy IDFC Alternatives is interested in acquiring First Solar’s 200 MW power generation assets price valued at around Rs 200 million. IDFC is reportedly in talk with First Solar to buy its 200 MW worth of renewable energy assets in India. Live Mint citing close sources to the development reports that IDFC Alternatives is interested in […] Read more
Amaranto Launches Solar Investment Arm in India Targeting the Acquisition of 500 MW by 2018 Updated On Wed, Apr 12th, 2017 by Saurenergy Already active in India since 2016, Amaranto acquires 110 MW solar power project and aims to build 500MW of solar PV projects in various Indian states over the next three to four years. Renewable energy firm Amaranto Group has launched an investment arm; Amaranto Solar Power India dedicated to acquiring Solar PV projects in the […] Read more
SB Energy Commissions 350 MW Solar Power Project in Andhra Pradesh Updated On Wed, Apr 12th, 2017 by Saurenergy SB Energy, the joint venture firm of SoftBank has successfully commissioned its 350 MW solar power project in Andhra Pradesh under the Jawaharlal Nehru National Solar Mission at a 25-year tariff of Rs 4.63 per kilowatt-hour (kWh). SB Energy Holdings today announced the commencement of commercial operation of its 350 MW solar power plant in […] Read more
Solar Energy has a potential to give Mumbai half of its power: Study Updated On Tue, Apr 11th, 2017 by Saurenergy The researchers used city planning maps and development reports from BMC and Google Maps to calculate how much of the city’s rooftop area could be used for solar power generation. Mumbai has the potential to generate 1.72 GWp solar energy across rooftops including residences, educational institutions, government buildings and industries claims a study carried out […] Read more
Indian Railways Plans to Setup Solar Power Plants at 8000 Stations Updated On Tue, Apr 11th, 2017 by Saurenergy The Indian Railway is working on the plan to make use of 500 MW of solar power plants in 8000 stations to meet its electricity needs and cut down carbon footprint. Indian Railways has planned to install 500 MW of solar power plant to meet the energy needs of more than 8000 stations in the […] Read more
India’s Solar Power Capacity Crosses 12 GW Updated On Tue, Apr 11th, 2017 by Saurenergy India has added 12 GW of solar capacity, of which 4800 MW has been contributed from rooftop and 7200 MW from large scale solar power projects. India added 5525 MW solar power generation capacity last fiscal, taking the total from this clean source to 12288 MW. The country has abundant solar power potential which has […] Read more
IIT-KGP to lead India in becoming a Clean Energy Destination Updated On Sat, Apr 8th, 2017 by Saurenergy The multi-institutional centre at IIT-Kharagpur will work towards technological innovations on a range of issues related to power network, storage and Solar PV systems. IIT-Kharagpur will lead a UK-India joint virtual centre in clean energy in partnership with a consortium to develop solutions for integration of renewable energy into Indian and UK power grid. The […] Read more
Vedanta Resources Looks Forward to Expand its Clean Energy Plans in India Updated On Fri, Apr 7th, 2017 by Saurenergy Vedanta Resources is looking at developing battery storage solutions that would help with grid balancing, besides complementing the government’s push for solar power. Vedanta Resources is working on its clean energy plans for India, encouraged by the opportunities offered by the country’s growing green economy. Ajay Kumar Dixit, chief executive officer, alumina and power business, […] Read more
