Duke Energy Florida Brings Solar Power Plant Online Updated On Fri, Apr 14th, 2017 by Saurenergy The 17 acre facility in Osceola County is providing customers with nearly 4 megawatts of carbon-free solar energy. Nearly 15,000 solar panels soaking up the sun in Osceola County are now providing clean, renewable energy to Duke Energy customers in Florida. The new Duke Energy owned and operated Osceola Solar Facility is about the size of 13 football […] 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
Saudi Arabia Shortlists 27 Companies for Round 1 of National Renewable Energy Program Updated On Tue, Apr 11th, 2017 by Saurenergy World’ top oil exporter Saudi Arabia has shortlisted 27 companies for its solar and wind power projects, as part of the first round of its renewable energy initiative The Renewable Energy Project Development Office (REPDO) of Saudi Arabia’s Ministry of Energy, Industry and Mineral Resources has shortlisted a number of companies for the first round […] 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
Dominican Republic to Commission 361 MW Renewable Energy Projects by 2018 Updated On Fri, Apr 7th, 2017 by Saurenergy The announced renewable energy projects will be completed with an investment of US$780 million, which would include three solar and five wind farms. The Dominican Corporation of State Electric Companies has announced that the company has begun the work on eight renewable-energy projects that will provide 361.2MW of new generation capacity to the country’s grid […] Read more
ReNew Power Invests INR 6700 Crore to Double its Renewable Energy Capacity in One Year to Cross 2GW Updated On Thu, Apr 6th, 2017 by Saurenergy In a single year, ReNew Power has doubled its renewable energy generation capacity to cross 2000 MW. ReNew Power Ventures Pvt. Ltd. (“ReNew Power”), India’s leading renewable energy Independent Power Producer has announced that the company has doubled its power generation capacity in a single year’s time to cross 2 GW. In the financial year […] Read more
Indian Railways to Add 1000 MW of Solar Power, 200 MW of Wind Energy: Suresh Prabhu Updated On Thu, Apr 6th, 2017 by Saurenergy Indian Railways will be able to draw 25 per cent of its energy needs from renewables and achieve the target of 5 GW of solar power by 2025. Railway Minister Suresh Prabhu has said that railways plans to use renewable energy in a “big” way and is looking to add 1,000 MW of solar power […] Read more
European Investment Bank Sanctions EUR 200 Million for Indian Large-Scale Solar Power Projects Updated On Mon, Apr 3rd, 2017 by Saurenergy The State Bank of India gets EUR 200 Million long-term loan from European Investment Bank to fund five different solar power projects in Tamil Nadu and Telangana. The European Investment Bank has confirmed new support for solar power generation in India in partnership with the State Bank of India. The EUR 200 million (INR 1400 […] Read more
Hyderabad based Greenko raises 155 Million Dollars Equity from GIC and Abu Dhabi Investment Authority Updated On Tue, Mar 28th, 2017 by Saurenergy India’s Greenko Energy has raised $155 million equity funding from ADIA and an affiliate of global investment firm GIC to expand its clean energy portfolio to 3 GW from 2GW. Indian renewable energy firm Greenko Energy Holdings has signed up primary equity funding of $155 million (about Rs 1008 crore) from an affiliate of global […] Read more
