Gamesa to build 130MW of two solar projects in India Updated On Wed, Oct 26th, 2016 by Saurenergy Gamesa has signed a deal with Indian developer Atria Power for the construction of 130 MW of solar power at two locations in Andhra Pradesh and Karnataka. This is the largest solar order received by the Gamesa since it entered the Indian Solar market sector last year. The Spanish wind turbine manufacturer will develop two […] Read more
Indian solar industry to bring bankable investment opportunities at WFES 2107 in Abu Dhabi Updated On Wed, Oct 26th, 2016 by Saurenergy India’s top notch solar power enterprises will be showcasing an unprecedented range of investment opportunities at the World Future Energy Summit (WFES) 2017 in Abu Dhabi002E This also follows the Indian government’s plans to add an additional 175 GW of renewable energy to the nation’s electricity supply by 2022. Indian solar developers will bring bankable, […] Read more
Suzlon and Ostro Energy partners to develop and construct 50 MW solar project in Telangana Updated On Wed, Oct 26th, 2016 by Saurenergy Suzlon Group and Ostro Energy joined hands for the development and construction of a 50 MW solar project at Wanaparthy site, Telangana. As per the contract signed between both the companies on 24th October 2016, Ostro Energy shall acquire 49% stake in Prathamesh Solar farms Limited, a special purpose vehicle (SPV) set-up by Suzlon for […] Read more
Madhya Pradesh at GIS attracted Investment of Rs.20000 Cr for new and renewable energy sector Updated On Mon, Oct 24th, 2016 by Saurenergy On the concluding day of Global Investors’ Summit 2016 five MoUs for investment of Rs 20,000 crore were signed in new and renewable energy sector in presence of CM Shivraj Singh Chouhan and Union Minister for Petroleum and Natural Gas (Independent charge) Dharmendra Pradhan and Energy Minister Paras Jain in Indore. After the MoU ceremony […] Read more
Suzlon collaborates with Unisun Energy for 15 MW Solar Project in Telangana Updated On Thu, Oct 20th, 2016 by Saurenergy Suzlon Group has announced a joint venture with the Unisun Energy Group for the development and construction of a 15MW Solar PV Project located at Bhainsa, Adilabad District, Telangana. According to the contract signed between Suzlon Group and the Unisun Energy Group on August 22, 2016, the Unisun Energy Group shall acquire a 49% stake […] Read more
India secures payment for 500MW SunEdison Solar Project Updated On Wed, Oct 19th, 2016 by Saurenergy State-owned Solar Energy Corp. of India said the government received fees needed for a 500-megawatt solar park, won by bankrupt renewable-energy developer SunEdison Inc., to go ahead. Solar-park charges of 2 billion rupees ($30 million) along with signed implementation agreements have been received, SECI Managing Director Ashvini Kumar said in an interview. SunEdison Energy India […] Read more
Huge growth forecasted for India’s solar sector Updated On Wed, Oct 19th, 2016 by Saurenergy India’s solar sector outlook is positive in view of a strong government support for the renewable energy sector to achieve the target of 40GW of installed rooftop solar power by 2022 along with high investor interest, says a report. “We maintain our view that inefficiencies in the power grid infrastructure, power supply shortages and the […] Read more
PM Modi plans state aid package of Rs 210 billion rupee to boost India’s solar industry Updated On Tue, Oct 18th, 2016 by Saurenergy The Prime Minister of India, Narendra Modi’s is planning a 210 billion-rupee ($3.1 billion) package of state aid for India’s solar panel manufacturing industry, according to two officials. The so-called Prayas initiative, short for “Pradhan Mantri Yojana for Augmenting Solar Manufacturing,” a central-government plan designed to lift India’s installed photovoltaic capacity as well as to […] Read more
Government of India plans to set up solar park in Marathwada Updated On Mon, Oct 17th, 2016 by Saurenergy Union Minister of State for Power, Piyush Goyal has said that the Government of India seems quite keen to set up a solar power park in Marathwada if the Maharashtra authorities provide land for it. Stating that the region could be ideal for generating good amount of solar energy, Piyush Goyal stated that government firms […] Read more