Rs 2,800 Cr To be Invested in Madhya Pradesh Based Solar Park by IFC Updated On Thu, Jan 11th, 2018 by Saurenergy Continues of the speculation by IFC will be utilized for the development, operation, and upkeep of the solar plant. In one of the greatest arrangements in the sustainable power source space, International Finance Corporation (IFC), some portion of World Bank gathering, is near contributing $440 million or Rs 2,800 crore in Rewa Ultra Mega Solar […] Read more
ReNew Power Raises Rs 2,235 Crore From NCD Updated On Wed, Jan 10th, 2018 by Saurenergy The issuance comes in two parts: the first, a credit enhanced NCD worth Rs 760 crore and the second, a multi-issuer cross-collateralised rupee bond involving multiple power distribution companies. ReNew Power Ventures Pvt. Ltd, one of India’s leading clean energy companies, has stated the closure of the issue of non-convertible debentures (NCDs) collectively worth Rs […] Read more
ITC to Put Rs 2,000 crore in Solar Power, Nourishment Preparing in UP Updated On Sat, Jan 6th, 2018 by Saurenergy ITC has communicated enthusiasm for putting Rs 2,000 crore in a food processing plant and a solar power plant in Uttar Pradesh. In a gathering with industries minister Satish Mahana in Kolkata on Thursday, ITC has communicated enthusiasm for putting Rs 2,000 crore in a food processing plant and a solar power plant in Uttar […] Read more
Solar Industry Balanced for Greater Jump, After Rs 5,000-Crore of Attractions in 2017 Updated On Tue, Jan 2nd, 2018 by Saurenergy Bhadla solar park near Jodhpur with a limit of 2,250 MW is topped off. The state government has arranged all the more such stops to expand the force. The solar energy domain that took a major jump in Rajasthan in 2017 pulling in Rs 5,000 crore speculations is balanced for an exponential extension in 2018. […] Read more
Greenbacker Acquires to be Constructed 26 MW Solar Project in California Updated On Fri, Dec 29th, 2017 by Saurenergy Once operational, Midway III will sell all the power generated to a large California utility through a 20-year fixed-price power purchase agreement. Greenbacker Renewable Energy Company LLC says it has purchased Midway III, to be constructed 26 megawatt solar project in California from Solar Frontier Americas Holdings LLC through a wholly-owned subsidiary. Midway III is […] Read more
Nestlé to Install 7MW Solar PV Rooftop at Dubai Factories Updated On Thu, Dec 28th, 2017 by Saurenergy The installation of rooftop solar PVis in accordance with Nestlé’s commitment to the RE100 initiative, a global collaborative initiative of influential businesses committed to using 100% renewable energy. Nestlé has signed agreements, witnessed by HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), with Yellow Door Energy, Dubai’s leading […] Read more
Concentrating Solar Power Market Expected to Reach 8.9 Billion Dollars by 2025 Updated On Thu, Dec 28th, 2017 by Saurenergy Growing electricity demand along with rising investments to augment the efficiency index will provide an impetus to the concentrated solar power market growth. The global concentrated solar power market is predicted to reach USD 8.92 billion by 2025. Increasing awareness about renewable energy along with government regulations to control growing carbon footprint is further propelling […] Read more
Year End Review 2017 –MNRE Updated On Wed, Dec 27th, 2017 by Saurenergy Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […] Read more
Turkish Glass Producer Şişecam Founds Europe’s Second Largest Rooftop Solar Power Plant Updated On Tue, Dec 26th, 2017 by Saurenergy Şişecam aims to increase solar energy glass production and exports, reaching 2.5 million square meters per year, according to reports. With its installed capacity, Şişecam has created the second largest solar power plant in both Europe and Turkey on the roof of the Mersin Flat Glass Factory. Şişecam aims to increase solar energy glass production […] Read more
